InsuranceHires

How COVID-19 paved the way for easier payments; less risk to the broker As Canada prepares itself for a possible third COVID-19 wave, brokers are facing the reality of trying to manage the economic impact on themselves and their clients.…

The post <span id="paidTag" class="btn btn-info btn-xs tag-label">Paid</span> The future of premium payments appeared first on Canadian Underwriter.

For the global insurance industry, Canada offers a unique opportunity from a legal, regulatory, and economic perspective. AXA XL’s newest Country Manager for Canada talks about how the market is becoming a favourable frontier for growth and innovation.   Climate,…

The post <span id="paidTag" class="btn btn-info btn-xs tag-label">Paid</span> Northern Exposure: even in hard times, the Canada insurance market is heating up appeared first on Canadian Underwriter.

A bunch of Willis Towers Watson plc workers, who anticipated that their divisions were being sold to Arthur J. Gallagher & Co., will be staying with Willis Towers Watson after all. Rolling Meadows, Ill.-based Gallagher announced July 26 that a…

The post Gallagher no longer buying major Willis Towers Watson assets appeared first on Canadian Underwriter.

Average personal auto premium renewal rates in Canada continued their downward trend in the second quarter of 2021, while personal property (homeowners) renewal rates remained up over the same period, according to Applied Systems’ latest premium rate index. In Q2…

The post Personal auto renewal rates continue downward trend, but homeowners’ rates up: Applied appeared first on Canadian Underwriter.

Aviva Canada is reporting a spike in insurance claims that involve misrepresented addresses, leading one executive to call for greater awareness around the issue. According to chief claims officer Bryant Vernon, Aviva Canada data shows a 9.1% increase in Ontario…

The post Address misrepresentation a ‘growing problem’: Aviva Canada exec appeared first on Canadian Underwriter.

Nova Scotia motorists with RSA insurance policies can renew through RSA until November 4, the province’s auto insurance regulator said in its July 28 ruling on Intact Insurance Company’s rate filing. On June 1, Intact Financial Corp. closed its acquisition…

The post Here’s the timeline for converting RSA policies to Intact appeared first on Canadian Underwriter.

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Yuan Stevens, Policy Lead on Technology, Cybersecurity and Democracy at…

The post As cyberattacks skyrocket, Canada needs to work with – and not hinder – cybersecurity experts appeared first on Canadian Underwriter.

Editor’s Note: In honour and celebration of Women and Insurance Cancer Crusade (WICC)’s 25th anniversary, Canadian Underwriter will be publishing each Friday a personal story of someone who has been touched by WICC’s fundraising activities in support of cancer care…

The post <span style="color: #ff0000;">WICC’s 25th: </span>Connecting Through Cancer; Getting to Know Sindy Houle appeared first on Canadian Underwriter.

Avid cottage enthusiasts may benefit from some of the “bells and whistles” offered in a standalone policy, as opposed to simply attaching their recreational homes to existing homeowner policies, according to a lifestyle insurance expert at Aviva Canada. Benefits of…

The post Why avid cottagers should consider standalone coverage appeared first on Canadian Underwriter.

While more than 100,000 Canadians a day are getting their COVID-19 shots, Canada’s biggest auto insurer is noticing an increase in driving activity but things are not quite back to normal. “Driving activity has been on the rise since early…

The post Intact’s latest observations on driving habits during pandemic appeared first on Canadian Underwriter.

A newly acquired motorcycle is considered a “newly acquired automobile” for the purpose of accident benefits under the Ontario Automobile Policy (OAP 1), a panel of three Ontario judges has found. The Divisional Court considered a statutory appeal of the…

The post Court clarifies definition of ‘newly acquired automobile’ in motorcycle accident case  appeared first on Canadian Underwriter.

HALIFAX – As Nova Scotia’s provincial election campaign has unfolded amid deadly heat waves in Western Canada and catastrophic flooding in Europe, the topic of preparing the province for its own potential weather disasters has been submerged by other issues.…

The post N.S. politicians critiqued for vague response to threat of rising seas appeared first on Canadian Underwriter.

Are you looking to develop your leadership skills? If so, this three-module program is for you. This program consists of 3 half-day modules as follows: MODULE 1 –  Leadership Lid and Emotional Intelligence – October 13, 2021 | 12:30 – 4:15pm EST –  MODULE 2 – Mindset,…

The post Insurance Institute- Developing the Leader Within – Module 1, 2 & 3 appeared first on Canadian Underwriter.

As a claims professional, you know the role of an adjuster has changed with regard to bodily injury claims. There is a greater focus on bodily injury claims management. To be successful, you want to boost your claims management skills…

The post Insurance Institute- Understanding Bodily Injury (1.5 days) appeared first on Canadian Underwriter.

Join us virtually for our highly-anticipated Industry Trends & Predictions: 2022, featuring respected p&c consultant Phil Cook. Phil will take a look back at significant events that have impacted our industry. In addition to his usual review of recent events impacting…

The post Insurance Institute- Industry Trends & Predictions: 2022 appeared first on Canadian Underwriter.

Join us for a dynamic cross-jurisdictional perspective as to the state of COVID-19 business interruption jurisprudence in Canada and two common law jurisdictions: the United Kingdom and the United States. Edona Vila, Partner, Borden Ladner Gervais LLP, will be moderating…

The post Insurance Institute- Business Interruption Claims appeared first on Canadian Underwriter.

Do you need some talking points to explain to your clients why they need a Garage Liability policy? Are you unclear about where an Auto/Property and General Liability policy ends and a Garage Liability policy begins? This webinar is designed…

The post Insurance Institute- Understanding Garage Auto Liability appeared first on Canadian Underwriter.

TORONTO, ON, JULY 29, 2021/insPRESS/ – The Insurance Brokers Association of Ontario (IBAO) is bringing back their popular Awards of Excellence for 2021. The awards celebrate broker achievement across six revamped categories. “Every year we make adjustments to our Awards…

The post IBAO’s Awards of Excellence Recognize the Best in the Broker Channel appeared first on Canadian Underwriter.

Brokers are trusted by both insurers and consumers, and rely on word of mouth for success.Having a reputation for being ethical is essential. In this one-hour webinar, you’ll learn how to identify and address ethical dilemmas, while earning your Ethics…

The post Insurance Institute- Ethics for the Modern Broker – Member Bonus Webinar appeared first on Canadian Underwriter.

Understanding the duties and responsibilites of Officers and Directors is not always clear. The pandemic and post pandemic period will present unique challenges and potential liabilities for Officers and Directors.Today, under increased public scrutiny and in light of significant regulatory developments,…

The post Insurance Institute- Understanding Directors’ & Officers’ Liability appeared first on Canadian Underwriter.

MISSISSAUGA, ON, JULY 29, 2021/insPRESS/ – FIRST ONSITE is proud to introduce two new members to our business development team, Daniela Francia and Craig Smith. Both have come with a solid and keen understanding of how to partner and deliver…

The post FIRST ONSITE Welcomes Two New Hires: Daniela Francia, Director of Commercial Business Development and Craig Smith, Director of Commercial Business Development appeared first on Canadian Underwriter.

Large brokerage NFP Corp. has joined forces with Piiq Risk Partners to form an exclusive Canadian partnership. With a strategic focus on the aerospace and aviation industries, the collaboration will provide solutions and services to the Canadian operations of global…

The post NFP partnership aims to support aerospace clients in Canada appeared first on Canadian Underwriter.

Personal property premiums were a mixed bag in the first quarter of 2021, with insurance for condo owners continuing to rise, but home insurance rates trending down, according to a new report from LowestRates.ca released Tuesday. Year-over-year, home insurance premiums…

The post Home insurance rates dropping but no reprieve for condo owners appeared first on Canadian Underwriter.

Many brokerages that use AutoPlus to obtain auto insurance quotes will likely have to change their processes over the next couple of months. AutoPlus’s vendor, CGI Group Inc., will start updating that online database product Aug. 13, says the Insurance…

The post Why many brokers need to change their auto quoting process appeared first on Canadian Underwriter.

Mid-sized brokers need to be careful in their approach to mergers-and-acquisition proposals but the abrupt cancellation of Aon’s $30-billion acquisition of Willis Towers Watson is not going to slow down deal-making within the brokerage sector, a Montreal-based insurance M&A expert…

The post Stoppage of Aon-Willis combo won’t slow brokerage M&A activity: KPMG Canada deal advisor appeared first on Canadian Underwriter.

As Canada moves forward to develop Clean Energy sources, the insurance industry, in general, will quickly be increasing their number of clients requiring risk management guidance and related insurance coverages. Insurance material includes related topics such as: Collateral, Layered placements,…

The post IISA – Clean Energy: The Future of Energy in Canada appeared first on Canadian Underwriter.

We are all required to negotiate on a regular basis. In today’s workplace, it is considered an essential skill. Negotiation is a conversation between two or more people or parties intended to reach a mutually beneficial outcome, or to resolve…

The post IISA – Negotiating Skills for the Insurance Professional appeared first on Canadian Underwriter.

This seminar will be of interest to any insurance professional that either works with claims (adjusters) or has to review claims on policy renewals (underwriters/brokers). The goal of the seminar is to shed light on how claims are investigated. And…

The post IISA – IBC Settlement Chart appeared first on Canadian Underwriter.

OTTAWA – The country’s headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-fast pace one month ago. June’s reading for the consumer price…

The post Annual rate of inflation hits 3.1% in June, down slightly from May high appeared first on Canadian Underwriter.

TORONTO, ON, JULY 28, 2021/insPRESS/ – At this time of year, parts of our country experience potentially damaging windstorms, hurricanes, and rain events. At Ecclesiastical, we have developed a bulletin to guide customers through the development of an Emergency Response…

The post Building a Windstorm Emergency Response Plan appeared first on Canadian Underwriter.