Industry
The November Women In Insurance Cancer Crucade educational breakfast educated hundreds of insurance professionals on the challenges of living with serious illness. Attendees at the breakfast watched a dramatic production entitled ‘Handle With Care?’, which was based on a study with metastatic breast cancer patients. The ‘Handle With Care?’ production translates the research into a […]
November 30, 1999
1 min read
The Office of the Superintendent of Financial Institutions (OSFI), the federal government’s financial services watchdog, is unhappy with the current level of voluntary earthquake reserving committed by property and casualty insurers. OSFI special adviser Julie Dickson indicated at the recently held North American Conference (see our upcoming January issue for further conference details) that compulsory […]
3 min read
Kemper Canada has gone online with its HUON system, announcing their personal lines automobile and property markets are now being supported by The HUON Solution. “We now have the system to facilitate a winning environment,” says Judy Maddocks, president of Kemper. “As Kemper Canada introduces HUON over the coming months, we will start to experience […]
The proposed merger between listed broker consolidators Canada Brokerlink Inc. and Vector Intermediaries Inc. has hit some skids, both companies confess while asserting the merger will still carry on as planned. According to Jon Ouellette, Brokerlink’s vice president of operations, the hold-up in negotiations is not attributable to management or operational issues but to legal […]
2 min read
Although the public broker networks almost overnight captured 5% marketshare of Canada’s property and casualty insurance market in a stunning succession of acquisitions, the recent poor results of many of the operators, combined with a more wary investor attitude to non-blue chip stock offerings, has left many industry observers wondering to the long-term viability of […]
By Sean van Zyl, Editor | October 31, 1999
5 min read
Celebrating the 79th year of its annual convention, this year's Insurance Brokers Association of Ontario (IBAO) event included a discussion panel of global senior executives of the property and casualty insurance industry, their frank views forewarning of a new world of distribution ahead.
By Lowell Conn AND SEAN VAN ZYL | October 31, 1999
4 min read
Technology was a dominant theme of the 79th annual IBAO Convention as Ken Orr, president of the association for the 1999/ 2000 term, issued a cautionary tone on the industry’s interface future. Speaking at the convention’s final day luncheon, he says development of single entry multiple company interface (SEMCI) has become critical to achieving the […]
October 31, 1999
Market Watch continued from page 38. The Insurance Brokers Association of Saskatchewan (IBAS) is in a “wait-and-see mode”, says president Keith Wilson, after the association’s recent conference in Saskatoon. The province’s brokers are still carefully watching the credit unions, who have expressed an interest in retailing insurance, while keeping tabs on the progress of the […]
Peacefully, on October 19, 1999 Lewis Dunn, president and chief executive officer of CGU Group Canada Ltd., passed away surrounded by family. Beloved husband of Sandy, and father of son’s Chris, Greg (and wife Carolyn), daughter Carolyn and grandfather of Jessica. Born in Vancouver, Mr. Dunn obtained a BA in Math and Economics from the […]
Taco Bell’s Chihuahua campaign, launched in late 1997, has become the pre-eminent brand recognition success of the late 1990s. The ad spots, featuring a talking Mexican dog whose only desire is to pursue Taco Bell food, has resulted in a North American-wide phenomenon which has seen restaurant sales increase since the campaign’s incarnation, not to […]
By Lowell Conn | October 31, 1999
8 min read
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