AIA Australia strengthens its leadership team
Two more strategic appointments have strengthened the executive team of AIA Australia. Susan Turner has been appointed as the chief financial officer (CFO). AIA Australia …
Tag: business
U.S. Property and Casualty Insurance Association on “harmful bill”
The American Property Casualty Insurance Association (APCIA) warns that passing Senate Bill 256 would cause car insurance premiums to skyrocket. “This harmful bill could result …
Insurance for education savings schemes chosen by Chubb Canada
Chubb Canada has been chosen as the selected provider to provide insurance for the education savings plans distributed by Children’s Education Funds Inc. (CEFI). CEFI …
Australian transport sector sent a warning after landmark case
A landmark case involving a transport executive has resulted in a warning from NTI to the transport industry. Jan. 23 was a watershed judgment; the …
On the board of directors of CSIO now sits Aviva Canada’s CIO
Brett Fawbert, currently serving as Aviva Canada’s chief information officer, has joined the board of directors of the Centre for Study of Insurance Operations (CSIO). …
A growing number of Canadian firms are offering fertility perks. What gives?
To promote DE&I in the workplace, an increasing number of Canadian employers are include fertility and family-building coverage in employee benefit plans. Medavie Blue Cross …
Predictions and plans for the year 2024 from the president of Sedgwick Canada
In 2024, loss adjusters will prioritize surge event handling, new technology, and personnel, according to Michael Alwyn, president of Sedgwick Canada. Extreme weather devastated Canada …
Florida insurers are preparing for 2024 even while reinsurance worries persist – KBRA
Florida homeowners’ insurers saw some good trends in 2023, according to research by KBRA, but they also faced some headwinds from reinsurance issues. Rising policyholder …
Insurance forecasts for 2024: vehicle theft, catastrophic events, and claims for repairs
In 2023, the insurance business in Canada had difficulties due to factors like natural disasters and an increasing car theft problem. According to analysts at …
Executive staff of Clyde & Co. in Australia grows
By elevating Rebecca Kelly to the position of Australian managing partner, the global legal company Clyde & Co. has strengthened its leadership contingent in Australia. …
New records set for aerospace insurance in the next years
From 2022–2027, the aerospace insurance industry is predicted to expand by $763.67 million. The market is anticipated to expand at a CAGR (compound annual growth …
Reasons why insurance could be difficult to obtain for small firms
According to Dr. Enoch Omololu, CEO of Savvy New Canadians, small and medium-sized enterprises (SMEs) across the country are facing challenges when it comes to …
Around 400,000 jobs would be lost in the US insurance industry by the year 2026
The US Bureau of Labor Statistics predicts that the insurance business will lose around 400,000 jobs due to attrition between 2016 and 2026, presenting a …
Allianz Partners appoints a new CEO for the travel industry
Anna Kofoed has been named the new chief executive officer of travel and a member of the board of management at Allianz Partners. In her …
In the Greater Toronto Area, BrokerLink has announced a three-pronged attack
The Greater Toronto Area is a key area for BrokerLink’s expansion in Ontario, and the company has now purchased three companies there. Besides acquiring the …
SMEs in Canada lagging in innovation and productivity, says Desjardins
According to a new analysis by Desjardins Economics, Canadian SMEs are falling behind on innovation and productivity because of the many obstacles they face when …