Industry
As we completed our tour of the brokerage’s renovated offices, Saul led me into a small boardroom on the second floor. Three men sitting around the table rose to their feet. “Dave,” he said with a smile, “meet my three partners: Ted who handles our personal lines business, Ian who looks after the life side […]
By Axiom | September 30, 1999
8 min read
Data security consultants NCR Corporation recently held a meeting for Canada’s business leaders in the retail, financial, telecommunications, insurance and government sectors, entitled “Consumer Privacy: Good for Business”. The session examined how Canadian organizations can balance the global demand for data privacy and protection, with their marketing and customer service strategies. Panelists included Dr. Ann […]
September 30, 1999
2 min read
H. Rodrigues, chair of Facility Association and George Anderson, president of the Insurance Council of Canada have announced the appointment of Stan Griffin as president and chief executive officer of Facility Association. The appointment represents an expected one-year secondment from his position as Insurance Bureau of Canada (IBC) vice president, Ontario region. Mark Yakabuski, IBC’s […]
August 31, 1999
1 min read
Property & casualty insurance brokers are breathing a collective sigh of relief as the federal government’s discussion paper on the future of financial institutions in Canada effectively put a moratorium on the banks’ entry into the retail insurance market. Despite the Insurance Brokers Association of Canada (IBAC) lobbying efforts, which demonstrated the profession has clout […]
By Lowell Conn | August 31, 1999
6 min read
The Dominion of Canada General Insurance Company’s answer to the direct writing threat, Chieftian Insurance, is one of the future consumer-interaction options open to brokers, predicts Alan Hanks, vice president field operations of the new company. Hanks outlined the broad objectives of Chieftian, which is broker-based but employs a direct writing electronic approach to reaching […]
Donald Alexander, senior vice president of Guy Carpenter & Company Ltd. (Canada). My instincts tell me that the reinsurance market is under-priced. Rating models strongly indicate that market prices are below what they should be. This is not surprising, given year-after-year of price erosion and expansion of coverage. My gut feeling is that any “fat” […]
Whether traditional players in the property and casualty insurance industry continue to hold the lion's share of business will depend on their willingness to embrace consumer-driven technologies and boost productivity, delegates attending the recently held Strategy Institute conference were told. In particular, the pressure of higher consumer expectations coupled with increased competition from new players to insurance will be felt mostly in the personal lines arena, the speakers warn.
By Sean van Zyl, Editor | August 31, 1999
Given the breath-taking surroundings, subjects like e-commerce, branding and reducing work-related stress should have been far from the minds of delegates at the 76th Annual Insurance MarketingCommunications Association conference.
By Shelley Boyes | August 31, 1999
4 min read
With mass consolidation converting the insurance industry into a global industry — and the increased cross-border transactions, partnerships and mergers between U.S. and Canadian insurer — it is fitting that North American insurers will meet this Fall for the first North American Insurance Conference. Co-chaired by Kingsway Financial Services Inc. president Bill Star and Serge […]
This year, in an awards contest that often appears to be dominated by a few large companies with deep pockets, representatives of more than 30 insurance companies took home “Best of Show” and “Awards of Excellence” prizes from the IMCA’s Showcase Awards ceremony, held during the June 29 gala at the Keystone Resort in Colorado. […]
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