Industry
Attracting and retaining a pool of highly skilled and motivated employees gives a company a competitive advantage during times of lean underwriting margins.
By Peter Morris, Vice President, Strategic Resource Consultants | April 30, 2012
8 min read
U.S. auto insurance companies are spending more money to entice consumers, but without apparent effect, notes the J.D. Power and Associates 2012 U.S. Insurance Shopping Study released on Apr. 30. Now in its sixth year, the study examines consumer shopping and purchasing behaviors and overall satisfaction among buyers who recently purchased insurance across three factors: […]
By Canadian Underwriter | April 30, 2012
1 min read
A state-backed British reinsurer that covers terrorism-related property losses is providing $7.3 billion in insurance protection for the Olympic Games in London this summer, according to Reuters. Pool Re, set up in 1993 after bombings by the Irish Republican Army in the financial district of London, will cover only commercial real estate in any possible […]
CORRECTION: This article first appeared on Apr. 20 with incorrect information. The version below represents the amended version, based on a follow-up interview with the Office of the Superintendent of Financial Institutions (OSFI). Canadian Underwriter apologizes for the errors contained in its initial report of Judith Roberge’s presentation at the Insurance Bureau of Canada (IBC)’s […]
2 min read
Ogilvy & Ogilvy in Westmount is sponsoring the Montreal 140 Conference, Investing in Social Media, Investing in Relationships, Investing in Community, scheduled for May 15, 2012 in Montreal. Mila Araujo, director of personal insurance at Ogilvy & Ogilvy Inc. (insurance brokers), is producing the international event. Previous 140 Conferences have taken place in New York […]
By Canadian Underwriter | April 27, 2012
Farhan Mohamed has joined Burns & Wilcox Canada as a personal insurance underwriter and will lead the company’s High Net Worth Personal Insurance Centre of Excellence. Mohamed comes to Burns & Wilcox with more than 10 years of experience as a financial planner, insurance advisor and underwriter. “As the specialty insurance industry has evolved, we […]
Another review of problems plaguing Ontario’s auto insurance sector will likely duplicate ongoing government-sponsored initiatives, according to Insurance Bureau of Canada (IBC). IBC was responding to the recent announcement of a study by the Ontario Standing Committee on General Government into auto insurance industry practices and trends. “IBC believes that most, if not all, of […]
By Canadian Underwriter | April 26, 2012
Travelers Canada has appointed John Emory to the position of regional vice president of the Eastern region. Emory is an industry veteran who began his career with Travelers in Montreal in 1973. He spent 14 years with the company, working his way up to regional general manager in Quebec. Subsequently, he held senior leadership positions […]
Donald Morrison, vice president for the Canadian office of the global reinsurance broker Guy Carpenter, will be speaking on May 25 at the Institute for Catastrophic Loss Reduction (ICLR)’s May 2012 Friday Forum. Morrison will speak on the history of reinsurance, why reinsurance is necessary and the basic forms of reinsurance agreements. He will also […]
Fred De Francesco of Fairview Insurance Brokers Inc. has established the Michael Joseph De Francesco Memorial Award in honour of his late son, Michael. Fred De Francesco had recently been lecturing to insurance brokers (on ‘Insurance Topics’) in northern Ontario and traveled to Michael’s alma mater in Sault Ste. Marie, Sault College of Applied Arts […]
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