Industry
Economical Insurance launched a refreshed brand at its annual general meeting on June 15, featuring an uncomplicated, cleaner, three-dot logo and a new tagline — “good to know.” “We’re good to know for an individual, family or business seeking financial security, and we’re good to know for a broker in need of a strong, stable, […]
By Canadian Underwriter | June 15, 2012
2 min read
Alister Campbell has been appointed CEO of The Guarantee Company of North America, effective early September. Campbell made the news public on his LinkedIn page. Most recently, he was president and CEO of Zurich Insurance’s Canadian operations. “Happy to announce that I will be assuming a new position as CEO of a wonderful Canadian insurance […]
1 min read
Quebec’s regulatory and oversight body for the financial sector points to a favourable trend continuing despite automobile insurers achieving lower profits on premiums written in 2011 than in 2010. Despite lower profits, insurers are maintaining results that exceed historical returns generally expected by insurers, since claim frequency remains relatively low notwithstanding the increase observed in […]
By Canadian Underwriter | June 14, 2012
Brokers transferring business to Aviva Canada can now use a software platform from iter8 designed to reduce time and effort. The communic8 service will allow a broker management system to identify policies for upload, which are then transported to Aviva via the Centre for Study of Insurance Operations (CSIO). Iter8 software collects the information and […]
CORRECTION: Canadian Underwriter incorrectly identified Pat Van Bakel as the company’s CEO in the original version of this story. Pat Van Bakel is the company’s chief operating officer. The error is corrected below and Canadian Underwriter apologizes for the error. Crawford & Company (Canada) Inc. has announced the promotion of three current officers in a […]
Manitoba Public Insurance (MPI) will open a special hail claim centre tomorrow in the wake of Winnipeg being pummelled by ice pellets on June 9. The centre will be dedicated to “hail only” estimating for individuals whose vehicles sustained damage as a result of the storm over the recent weekend. As of June 12, MPI […]
By Canadian Underwriter | June 13, 2012
Disaster Kleenup Canada (DKC) has appointed Ken Tucker as its CEO and Ken Zardo as vice president of sales and marketing. The company says the new leadership represents the company coming around “full circle.” “There is not a more appropriate person to lead DKC than Ken Tucker,” the company says in a press release. “With […]
The Insurance Council of B.C. recently released disciplinary findings against a broker who used insurance premiums from clients to pay business and personal expenses and another agent who accessed confidential files at the Insurance Corporation of British Columbia (ICBC) to spy on his ex-girlfriend. Theodore (Ted) Young Lee of International Insurance Agencies Ltd. had his […]
About 66% of Canadians surveyed by Desjardins Financial Security expect to travel within Canada in 2012 and yet almost one-quarter of these travelers aren’t planning on purchasing travel insurance. The 2012 Desjardins Financial Security national health survey surveyed 1,529 Canadians across the country. The survey found 57% of respondents expected to travel to the United […]
By Canadian Underwriter | June 12, 2012
Insurance software company Applied Systems has announced it will release Epic 7, the upcoming version of the insurance industry’s agency and brokerage management system, in 2013 Q1. “The release of Epic 7 marks the first time the Epic system will enter the Canadian market,” the company says in a press release. “Applied Systems reports that […]
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