Operations
While consumers may have noticed their rates still increasing, prices are flattening out compared to last years’ high single-digit increases.
By Alyssa DiSabatino | July 14, 2023
2 min read
BrokerLink acquired Donnell Insurance and Kent & White Insurance Ltd., while Acera Insurance acquired Rushton Agencies Ltd.
By Jason Contant | July 13, 2023
3 min read
Canada’s P&C insurance industry is showing signs of market softening despite the many reasons for a hard market to persist.
By David Gambrill | July 11, 2023
HR
Zurich Canada has named Björn Bierfreund as its new CFO. He replaces Lori Cassidy, recently appointed CFO for Zurich Commercial Insurance.
By Jason Contant | July 11, 2023
The impact of consolidation is most acute for insurers designed to work with small brokerages but are now adapting to large conglomerates.
By Alyssa DiSabatino | July 7, 2023
Collectivfide Insurance Group, representing mutual insurers, has appointed Eric Walker as its head of mergers and acquisitions (M&A).
By David Gambrill | July 6, 2023
In the lead-up to the July 1 reinsurance renewals, both the pricing and structural market dynamics that defined the Jan. 1, 2023 renewal period held steady, said Gallagher Re’s most recent 1st View renewals report. During the July 1 renewals, mid-year placements caught up and aligned with prevailing market undercurrents, it said. “With the improved […]
By Phil Porado | July 6, 2023
While Managing General Agents (MGAs) say their firms are here to stay, their competitors are discussing whether the market is oversaturated.
By Alyssa DiSabatino | July 5, 2023
Brokers have an abundance of data sitting inside their BMS, but are often unable to access or understand the data.
By Jason Contant | July 5, 2023
Brokerages Johnson Insurance and Anthony Insurance will both rebrand as belairdirect, the Intact Financial Corporation subsidiary announced.
By Jason Contant | July 4, 2023
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