Breaking Insurance Industry News

Insurers to rely on acquisitions, partnerships

June 19, 2018 - Facing sluggish industry growth and agile new competition, insurance executives are actively pursuing acquisitions and partnerships to transform and grow their businesses, finds a report from KPMG International. In fact, 80% of insurance ...
More details

Aon hosts fundraisers to celebrate Pride

June 19, 2018 - Aon is celebrating Pride month through a new partnership with It Gets Better Canada, a not-for-profit dedicated to improving the lives of LGBT youth. “At Aon, we’re creating an inclusive culture where everybody’s in and enga ...
More details

Marijuana bill goes back to Senate after House rejects 13 amendments

June 19, 2018 - A federal bill to legalize recreational cannabis was bounced back to the Senate on Monday, where the government’s representative argued it’s time to get on with lifting Canada’s almost century-old prohibition on marijuana. The House ...
More details

IBABC honours insurance professionals

June 18, 2018 - The Insurance Brokers Association of British Columbia (IBABC) honoured several insurance professionals at its centennial celebrations on May 31 at BC Place Stadium, with nearly 1,100 people in attendance.  The awards program recognizes top- ...
More details

Female Founders in Tech competition kicks off

June 18, 2018 - Quesnay, an innovation consulting firm focused on accelerating growth among startups and corporations, is kicking off its second Female Founders in Tech competition. Women-led tech startups can apply here for a chance to receive mentoring oppo ...
More details

From marijuana beer to pot cookies, Canadian companies creating cannabis edibles

June 18, 2018 - Beer brewed with marijuana, baking mixes concocted to bring out the unique flavours of cannabis oil and good, old-fashioned pot cookies: Canadian companies are creating them all, but it’s unclear when stores will legally be able to stock the ed ...
More details

Small businesses vulnerable to cyberattacks, then don’t act

June 18, 2018 - Small businesses suffered a barrage of computer invasions last year but most took no action to shore up their security afterward, according to a survey by insurer Hiscox. It found that 47% of small businesses reported that they had one attack in 2017 ...
More details

Gore Mutual’s Fast Forward Returns for Second Year

June 15, 2018 - A crowd of 750 brokers descended on Koerner Hall in Toronto on June 14 for Gore Mutual’s latest Fast Forward event. The day featured panel discussions on a variety of issues brokers face in an increasingly digital marketplace, as well as keynot ...
More details

Climate Change and Insurance, Part 2

June 15, 2018 -   Size: 4.6 MB, Runtime: 3 min, 12 sec Text transcript  Download Jason Thistlethwaite of the University of Waterloo discusses how insurers can change their risk-modelling approach to be better prepared for extreme weather. Relate ...
More details

How brokers can win the “war” of distribution

June 15, 2018 - Brian Timmis doesn’t mince words when it comes to describing the tension between brokers and direct writers. “It’s a war right now,” the managing director of Dalton Timmis Group said. “Like it or not, it’s a w ...
More details