HR
Global insurance brokerage Hub International Limited has acquired Edmonton-based New Dimensions Underwriters Ltd. The terms of the acquisition of the managing general agency were not disclosed, notes a statement this week from Chicago-based Hub International, which provides property and casualty, life and health, employee benefits, investment and risk management products and services. Russ Davis, owner […]
By Canadian Underwriter | September 8, 2016
2 min read
Symcor Inc., a Canadian provider of business processing and client communications management systems, announced on Wednesday a strategic relationship with Majesco, a global provider of core insurance software, consulting and services for insurance business transformation. The strategic relationship adds Majesco’s award-winning software to Symcor’s cloud and outsourcing capabilities to provide an Insurance as a Service […]
By Canadian Underwriter | September 7, 2016
3 min read
More than 90% of the millennials in the U.S. taking part in a Vertafore survey say they view the industry as fulfilling for long-term careers that meets important criteria commonly identified as essential for job satisfaction. The finding is at odds with the persistent perception that millennials regard insurance as “boring” and an unlikely career […]
By Canadian Underwriter | September 6, 2016
Marsh has announced the appointment of Christopher Schaper as CEO of its managing general agent (MGA) business, the Schinnerer Group, effective immediately. In his role, Schaper will focus on the development and advancement of Marsh’s existing MGA businesses in Canada and the United States, including Victor O. Schinnerer & Co. and Canadian MGA ENCON, and […]
By Canadian Underwriter | September 1, 2016
Vericlaim Canada – a subsidiary of Sedgwick Claims Management Services, Inc. – announced on Thursday that it has acquired the assets of RGM Claims Services, Inc. Mississauga, Ont.-based Vericlaim Canada is a national provider of loss adjusting and claims management solutions, while RGM is a licensed independent adjusting company also based in Mississauga. RGM specializes […]
Social media is the medium most able to cause damage to the public image of an individual or organization, according to the results of a new Nanos Research poll. Toronto-based Signal Leadership Communication Inc. (SLC), a social PR consultancy for executives dealing with digital disruption, released the poll results of 1,000 Canadians on Wednesday. The […]
By Canadian Underwriter | August 31, 2016
The insurance industry will likely face what could be its biggest shift ever over the next decade and successful navigation will demand greater collaboration with a wider group of organizations, Mike Key, SAP’s vice president of business development, Global Core Insurance, suggested in a presentation Tuesday. “We really believe there’s going to be more change […]
By Jason Contant | August 31, 2016
There is a need to move beyond digitization to digitalization if insurance carriers expect to truly be prepared to address customer expectations in the digital age, Avi Greenfield, senior manager of product strategy for OpenText Exstream, said Tuesday at Insurance-Canada.ca’s Executive Forum in downtown Toronto. Digitalization has increased as a priority for chief technology executives […]
Insurance companies aiming to create value for their customers would be well advised to look beyond the “front end” of their customer-facing computer applications, implement their services before their competitors and recognize the importance of the “geeks” in their organizations, speakers suggested Tuesday at the fourth annual Insurance-Canada Executive Forum. “To create a solid customer […]
By Jason Contant | August 30, 2016
The Co-operators’ board of directors has announced that Rob Wesseling will become president and chief executive officer of the company, effective Dec. 1. Currently the executive vice president (EVP) of property and casualty (P&C) operations for the Co-operators General Insurance Company and chief operating officer (COO) with The Sovereign General Insurance Company, Wesseling spent the […]
By Canadian Underwriter | August 30, 2016
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