Archive | News And Information

P&C Brokerages – How to Survive the COVID-19 Financial Crisis

Someone once asked Ernest Hemingway how he went bankrupt and he responded, “Two ways. Gradually, then suddenly.” This short piece is intended to provide you with strategies to protect your brokerage and position yourself for the recovery that will follow

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BRACE FOR IMPACT: Coronavirus, The Canadian Economy & Insurance

P & C industry professionals, commercial insurance brokers and underwriters all love stats. After all, our entire industry is based on analyzing data and understanding trends. So, before we get started, let me start off with some statistics about the

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Hickory Dickory Dock, COVID-19 Stopped our Clock

The Ontario government announced last Friday that it was suspending limitation periods while the province was under a state of emergency because of COVID-19. This will have a major impact on loss transfer and priority disputes. Loss Transfer Limitation Periods

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2020 M&A Trends in Canada’s P&C Insurance Industry

We have written this piece to share our observations on issues that have an impact on mergers and acquisitions (M&A) activity in the Canadian Property and Casualty (P&C) Insurance Industry. These observations are based on divestiture processes we have been

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Insurance and Innovation

Why Insurance Needs to Innovate Late last year AM Best released their new methodology and criteria on scoring and assessing innovation. “Innovation is becoming increasingly critical to the long-term success of all insurers. With innovation, companies can develop sustainable competitive

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Hard, harder, hardest: Where are we in the cycle?

In this piece, industry veteran Phil Cook makes a number of good points about the current state of the p&c market in Canada. Cook makes the distinction between a hard market and a difficult market, sharing that he is not

The post Hard, harder, hardest: Where are we in the cycle? appeared first on insBlogs.

Hard, harder, hardest: Where are we in the cycle?

In this piece, industry veteran Phil Cook makes a number of good points about the current state of the p&c market in Canada. Cook makes the distinction between a hard market and a difficult market, sharing that he is not

The post Hard, harder, hardest: Where are we in the cycle? appeared first on insBlogs.

Hard, harder, hardest: Where are we in the cycle?

In this piece, industry veteran Phil Cook makes a number of good points about the current state of the p&c market in Canada. Cook makes the distinction between a hard market and a difficult market, sharing that he is not

The post Hard, harder, hardest: Where are we in the cycle? appeared first on insBlogs.

We ignore climate science at our financial peril

There is an old joke that has a young Senate intern at a fairly high-level Washington, D.C. cocktail party. The intern approaches a four-star general standing alone and engages in small talk. “Wow, that’s a lot of medals you have

The post We ignore climate science at our financial peril appeared first on insBlogs.

We ignore climate science at our financial peril

There is an old joke that has a young Senate intern at a fairly high-level Washington, D.C. cocktail party. The intern approaches a four-star general standing alone and engages in small talk. “Wow, that’s a lot of medals you have

The post We ignore climate science at our financial peril appeared first on insBlogs.

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