David Gambrill

3 weeks ago | canadianunderwriter.ca | David Gambrill

As Canadians, Americans and Europeans are learning over the past two days, where there is smoke, there is not always fire. But where there is smoke damage, coverage is available under a comprehensive home insurance policy, subject to the terms and conditions of the policy, Insurance Bureau of Canada (IBC) tells Canadian Underwriter.

3 weeks ago | canadianunderwriter.ca | David Gambrill

Alberta's broker regulator has fined a brokerage $1,000 for transferring the insurance policies of its clients from one insurer to another without the informed consent of the clients. The brokerage, Billyard Insurance Group, executed what's called an insurance policy "rollover" process after an insurer cancelled a contract with the brokerage. Billyard found a proposed new insurer for the clients who had placed their business with the insurer that cancelled the contract.

3 weeks ago | canadianunderwriter.ca | David Gambrill

Canadian policyholders are increasingly interested in 'optionality,' which means picking and choosing insurance coverages that match their individual circumstances. But what does that mean for insurance companies designing insurance products to offer that kind of choice? It means a coordinated, holistic integration of all parts of a company's insurance operations, studies and P&C professionals say.

4 weeks ago | canadianunderwriter.ca | David Gambrill

Brokers' negotiations with their clients can extend an insurer's policy coverage - even if their mutual understanding isn't explicitly reflected in the certificate of insurance issued by the broker, B.C.'s Court of Appeal has ruled.

1 month ago | canadianunderwriter.ca | David Gambrill

Canadian property and casualty insurance brokers are expressing general support for Definity's proposed acquisition of Travelers Canada announced Tuesday. Definity is offering to acquire most of the assets of Travelers Canada for $3.3 billion. "Both Travelers Canada and Definity are strong broker-friendly companies, with great people, that are extremely supportive of the broker channel," Insurance Brokers Association of Canada CEO Peter Braid tells Canadian Underwriter.