Insights
With an overall increase of 48.2% in housing starts across Canada at the beginning of 2021 and a GDP of well over $154B, it’s no surprise that the construction sector continues to be a hot topic across the insurance industry. According to BuildForce Canada, which represents the country’s construction industry, there has been a 51.4% […]
By Canadian Broker Network | November 29, 2021
3 min read
Though COVID-19 has fundamentally changed the M&A risk landscape, it has surprisingly not caused the spike in claims once predicted, new data from Liberty Global Transaction Solutions (GTS), the M&A insurance division of Liberty Mutual Insurance, suggests. While claims notifications rose 40% year-on-year and the speed of notifications increased, COVID-19 has not let to the […]
By Liberty Mutual | November 15, 2021
From consolidation to digitization, emerging risks to increasing customer expectations – there’s a lot of pressure on independent brokers to sell these days. Joining the Canadian Broker Network means you don’t have to sell to de-risk… As Canada emerges from a global pandemic, increased M&A activity and consolidation, accelerated digitization, emerging risks and ever-increasing customer […]
By Canadian Broker Network | September 13, 2021
4 min read
To alleviate individual financial struggles due to COVID-19, the Federal government implemented the Canada Emergency Response Benefit (CERB) program. This initiative (currently in place until October 23, 2021) provides financial relief for eligible employers to cover a portion of their employees’ wages if their business was impacted directly by the pandemic. Now, as the country […]
By Trisura | September 1, 2021
5 min read
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, supply chain, cyber, political -– just a few of the emerging risks that many organizations […]
By AXA XL | August 16, 2021
QBE
Evolving privacy legislation, increasing cyberattacks and new technologies are changing the way the insurance industry is looking at biometric data. Are your customers’ risk mitigation strategies keeping up? These days, collecting biometric information from staff or customers could be as easy as, well, turning on a CCTV camera. However, some companies have found themselves […]
By QBE Canada | July 7, 2021
Ask the Experts
Having a social media strategy is a proven approach that supports numerous business objectives such as growth, engagement, brand loyalty, SEO, and more. And with 25.35 million users in Canada, it makes sense that people’s buying decisions can be strongly influenced through social media. Are you, as a broker, taking advantage of its full marketing […]
By CAA Insurance Company | May 17, 2021
Every business leader knows they should expect the unexpected, especially in today’s unpredictable world. However, when it comes to risk exposures no business should be caught by surprise. To be truly prepared, organizations should evaluate and reevaluate potential threats to their business by having their insurer conduct risk assessments. During a property and casualty risk […]
By Sovereign Insurance | May 11, 2021
A fundamental need for today’s insurance consumer is flexibility. As witnessed over the past year, consumers want choice when it comes to their auto insurance, and the ability to take control of their costs. Usage based insurance (UBI), otherwise known as insurance telematics, is a clear solution for consumers. So why aren’t more adopting the […]
By CAA Insurance Company | May 9, 2021
This past year has tested everyone’s resilience, positivity, patience and productivity. Most have had to work differently – at home, balancing the kids, home cooking and virtual meetings. It is understandable that some people’s overall wellness may have suffered. Gyms are closed and we no longer have the walk across the office to get that […]
By CAA Insurance Company | May 4, 2021
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