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Pathway Partners Insurance and Business  Blog and News

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Auto fraud: a cost of doing business?

Posted by pathwayltd on May 21, 2018 at 4:45 PM

Canada’s property and casualty insurance industry should do much more to fight auto insurance fraud, a senior claims representative of Canada’s second largest insurer says.

https://www.canadianunderwriter.ca/insurance/pc-industry-treats-auto-fraud-like-cost-business-claims-exec-1004131899/

Province sees flurry of P&C insurance legislation

Posted by pathwayltd on May 21, 2018 at 4:35 PM Comments comments (0)

Quebec is seeing several proposed legislative changes that will – or could – impact property and casualty insurance in the province.

https://www.canadianunderwriter.ca/insurance/province-seeing-flurry-legislation-pc-insurance-1004131869/

Drones bring a 'mindblowing' level of data to claims

Posted by pathwayltd on May 21, 2018 at 3:35 PM Comments comments (0)

As the insurance industry works to answer claims more efficiently, the adoption of digital tools, such as aerial imagery and artificial intelligence will prove pivotal for the industry in building up its reputation with customers.

https://www.dig-in.com/news/drones-bring-a-mindblowing-level-of-data-to-claims-allstate-evp

Portals are dead. Brokers have moved on to real-time

Posted by pathwayltd on February 14, 2018 at 10:20 AM

As insurers move away from their legacy systems and onto more flexible platforms such as Guidewire and Duck Creek, the days appear numbered for portal solutions.  Real-time data exchange is now front and center as a priority for the Insurance Broker Association of Canada (IBAC), the national broker association announced Tuesday.

https://www.canadianunderwriter.ca/insurance/portals-dead-brokers-moved-real-time-1004127364/

Auto reform an opportunity for brokers to review clients personal situations: IBAO president-elect

Posted by pathwayltd on November 1, 2017 at 9:50 AM

A set of changes to auto accident benefits coverage is a “perfect example” of an opportunity for brokers to contact their clients and review insurance needs, the president-elect of the Insurance Brokers Association of Ontario suggested at the organization’s recent annual convention.

https://www.canadianunderwriter.ca/insurance/auto-reform-opportunity-brokers-review-clients-personal-situations-ibao-president-elect-1004122915/

Measuring Up: The 2017 National Broker Survey

Posted by pathwayltd on November 1, 2017 at 8:45 AM

There were 709 respondents in all. Of the 486 respondents who provided their positions, slightly more than 41% identified themselves as owners/co-owners, 9% report being a chief/senior executive without a significant ownership stake, 20% note other executive or manager without significant ownership stake, and 30% say front-line broker with little or no management responsibility.

https://www.canadianunderwriter.ca/features/measuring-2017-national-broker-survey/

Continuing fast pace for insurance M&A in U.S., Canada

Posted by pathwayltd on October 31, 2017 at 8:45 PM

Sellers seem to be enthusiastically responding as buyers continue the aggressive valuations of p&c and employee benefits agencies, with OPTIS Partners reporting Thursday there were 132 deals inked during 2017 Q3, bringing the year-to-date total to 457.

https://www.canadianunderwriter.ca/insurance/continuing-fast-pace-insurance-ma-u-s-canada-optis-1004122439/

What does the future hold for insurance brokers?

Posted by pathwayltd on August 24, 2017 at 10:05 AM Comments comments (0)

t’s a question that is constantly asked – what does the future hold for insurance brokers? Various reports come to differing conclusions: brokers need to become business advisors; brokers need to keep up with digital disruptors; insurers are heading for direct. But what does a broker on the ground actually think?

http://www.insurancebusinessmag.com/uk/news/breaking-news/what-does-the-future-hold-for-insurance-brokers-76854.aspx?utm_source=slipcase

An Insurance Primer for Disruptors

Posted by pathwayltd on August 21, 2017 at 9:00 AM Comments comments (0)

Disrupters are finding new ways to close these gaps and traditional insurance carriers find themselves scrambling to protect their foundations. Traditional insurance carriers are investing and buying into #Insurtech solutions although it often remains to be seen how they will either integrate or leverage the technology into their existing operations.

https://www.linkedin.com/pulse/insurance-primer-disruptors-lisa-smith


Transitioning your Brokerage to the Next Level

Posted by pathwayltd on August 14, 2017 at 4:40 PM Comments comments (0)

Join us on September 14, 2017 for a full day event at Novotel Toronto,starting at 8:45am.  Compimentary Continental Breakfast from 8:00-8:45am.

Who should Attend: Owners, Managers, Supervisors and Team Leaders. This seminar is geared towards Insurance Brokers and Agents.

Topics Include:

Communication Keys to Persuasive Interactions

Technology, Trends and Tracking

Managing Teams for a Profitable Brokerage

Data and Analytics – the New Basics

Talking the Talk – Applying what we learned - A Case Study to Manage Producers

The Practical Strategy

GROWing Your Business

This is also a networking event, so come prepared to meet other owners and leaders in the industry and network with the speakers get some practical tools to take with you. LIMITED NUMBER OF TICKETS!

COST: $249.00 plus HST per registrant. Register through our WEBSTORE


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