Insurance Business Canada (@insurancebizca) 's Twitter Profile
Insurance Business Canada

@insurancebizca

Daily breaking news, cutting-edge opinion and expert analysis affecting the insurance broking industry in Canada.

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linkhttp://www.insurancebusiness.ca calendar_today05-11-2013 05:30:05

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Canada's aviation insurance market is currently highly competitive, but a shift towards rising rates is anticipated, warns Caleb Winterburn, Vice President of aviation insurance at Covalen. hubs.la/Q03yhsJV0

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The passing of heavy metal icon Ozzy Osbourne at 76 has highlighted the escalating challenges and costs for insurers underwriting aging performers in the high-stakes entertainment industry. hubs.la/Q03ymxtW0

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While AI is becoming a mainstay in corporate compliance, streamlining tasks from contract reviews to fraud monitoring, its integration comes with significant regulatory and operational risks, warns John Kim, principal at Control Risks. hubs.la/Q03yhDVw0

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A year after the wildfire that devastated Jasper, the IBC is warning of the growing strain on recovery timelines and insurance coverage, as political tensions flare over an independent report examining the government’s emergency response. hubs.la/Q03yhByL0

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⏰ 24 HOURS LEFT! This is your last chance to nominate for the #IBAwardsCA 2025! Recognize the standout brokers, teams, and companies who are driving excellence in Canadian insurance. 🚨 Submit now → hubs.la/Q03wVfGq0

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🎙️ Meet Ally Cox, Managing Director at The Hartford. With 10+ years in underwriting, sales & strategy, she’s leading from the front. Catch her at #WIIMentorshipNetwork on July 29! 🎟️ Register now for FREE: hubs.la/Q03w2wN20

🎙️ Meet Ally Cox, Managing Director at The Hartford. With 10+ years in underwriting, sales & strategy, she’s leading from the front.

Catch her at #WIIMentorshipNetwork on July 29!

🎟️ Register now for FREE: hubs.la/Q03w2wN20
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Jennifer Pridham (McFarlan Rowlands) explains that while overall rates are dropping, sectors such as agriculture, hospitality, certain construction trades, retail, and real estate are still experiencing tightening markets and premium increases. hubs.la/Q03yw_400

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The Westaim Corporation has committed approximately AUS$154 million (CAD$129.8 million) to help finance the AUS$3.9 billion takeover of Insignia Financial Ltd, one of Australia's leading wealth management firms. hubs.la/Q03ywXgl0

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Chubb Limited ended the second quarter of 2025 with net income of US$2.97 billion, or US$7.35 per share, up 33.1% from the same period last year. hubs.la/Q03yxm4r0

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Munich Re has announced that Dr. Christoph Jurecka will succeed Dr. Joachim Wenning as the next chair of its board of management. hubs.la/Q03yxRf70

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Mélissa Tanguay of Desjardins Insurance highlights that a focus on generic 'wellness trends' can overlook specific, critical needs, impacting employee well-being and driving hidden financial costs. hubs.la/Q03yC2df0

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The global commercial insurance sector recorded a 4% average decrease in rates during the second quarter of 2025 (Q2 2025), according to Marsh’s latest Global Insurance Market Index. hubs.la/Q03yJSXl0

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The childcare insurance landscape in Canada is becoming increasingly complex due to fragmented oversight, rising risks, and technological advancements, challenging brokers to adapt their coverage strategies. hubs.la/Q03yM8-70

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Cybercrime, particularly threats to virtual machines (VMs), poses a significant risk that many organizations overlook, according to Jack Brooks (BOXX Insurance). hubs.la/Q03yK02-0

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Devin Brown, Vice President – Specialty Insurance at Vailo, notes a significant increase in demand for environmental impairment liability (EIL) coverage from non-traditional clients like small real estate developers, contractors, and commercial landlords. hubs.la/Q03yMfMK0

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A growing number of younger insurance customers are walking away from their providers due to poor digital experiences, according to new data from Insurity. hubs.la/Q03yMf8y0

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First Onsite has launched its "White Glove Program," an innovative service designed to empower Canadian brokers by providing immediate on-site property claims mitigation, even when coverage is uncertain. hubs.la/Q03yT_h30

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In Alberta's commercial insurance market, it's all about visibility and culture shifts! Paige Murphy from BrokerLink says clients want to see them "out there," building trust through transparency and engagement. hubs.la/Q03yZkNb0

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Peace Hills Insurance trades custom code for speed & scale with Guidewire Cloud Platform. Learn how this "big-bang go-live" is transforming their operations! hubs.la/Q03yTYvB0

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Emily Hamilton (INTECH Risk Management) highlights a sharp rise in claims over the past two decades, fundamentally reshaping how underwriters assess risk, especially as project values now climb into the hundreds of millions. hubs.la/Q03yZkn10