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Province sees flurry of P&C insurance legislation

Posted by pathwayltd on May 21, 2018 at 4:35 PM Comments comments (1)

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/

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


Smith & Associates, Standard Insurance consolidate

Posted by pathwayltd on January 11, 2017 at 9:00 AM

Insurance broker Smith & Associates in Thunder Bay, Ontario, has consolidated with regionally-owned brokerage Standard Insurance Brokers, effective January 10, 2017.

http://www.insurancebusiness.ca/ca/news/breaking-news/smith-and-associates-standard-insurance-consolidate-219404.aspx

Archway Insurance announces latest acquisition

Posted by pathwayltd on January 9, 2017 at 12:50 PM

 Nova-Scotia head quartered Archway Insurance, one of Atlantic Canada’s largest insurance brokerages, has announced its latest acquisition – the purchase of firm D.R. Hayman Insurance.  The move brings Archway’s total number of locations to 21 across New Brunswick and N.S.

http://www.insurancebusiness.ca/ca/news/breaking-news/archway-insurance-announces-latest-acquisition-219230.aspx

Hub International acquires Mainline Insurance

Posted by pathwayltd on January 9, 2017 at 12:45 PM

Global insurance brokerage Hub International has announced the acquisition of Canadian firm Mainline Insurance Brokers.

http://www.insurancebusiness.ca/ca/news/breaking-news/hub-international-acquires-canadas-mainline-insurance-219231.aspx

Archway Insurance purchases Alliance Assurance

Posted by pathwayltd on December 12, 2016 at 10:50 AM

Archway Insurance, one of Atlantic Canada’s largest insurance brokerages, announced on Tuesday that it will purchase Alliance Assurance effective Dec. 31.

 

Find new solutionsAlliance is one of the largest brokerages in New Brunswick, with nine locations serving communities across the province, Archway said in a press release.

http://www.canadianunderwriter.ca/insurance/archway-insurance-enters-nine-new-brunswick-communities-purchase-alliance-assurance-effective-d...

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The Co-operators acquires Assurance Aubin Insurance Brokers Ltd.

Posted by pathwayltd on November 2, 2016 at 10:45 AM

Co-operators General Insurance Company announced on Tuesday that its wholly-owned subsidiary has purchased Assurance Aubin Insurance Brokers Ltd.  The brokerage’s portfolio includes personal and commercial insurance policies, The Co-operators said in a press release. Assurance Aubin has locations in Hearst, Wawa and Terrace Bay, Ont.

http://www.canadianunderwriter.ca/commercial-lines/co-operators-acquires-assurance-aubin-insurance-brokers-ltd-1004102713/

IBAO president: Technology is slowing brokers down

Posted by pathwayltd on October 18, 2016 at 9:45 AM

“Consumers want things very quickly, and they want things done correctly the first time,” Traci Boland, partner at Ontario West Insurance Brokers and the incoming president of the Insurance Brokers Association of Ontario (IBAO), told Insurance Business.  “We do need the technology from broker management systems, and we need the technology from the companies, so that we can service our clients and be the front-line spokespeople for the companies… and right now that...

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