Insurance Business Canada Magazine

📸 Photos are now up! Relive the unforgettable night of insurance excellence at the #IBAwardsCA! From inspiring speeches to well-deserved wins, the energy in the room was incredible. Check out the highlights and moments that made this evening one for the books! View gallery here: https://hubs.la/Q02Yp__Y0 #Insurance #InsuranceIndustry #InsuranceBusiness #Brokers

Swiss Re's Life & Health CEO, Paul Murray, highlights "crashing waves" of opportunity in life insurance. With global premiums set to soar, the market's moment in the sun is here. https://hubs.la/Q02ZyJg10

The construction insurance market is experiencing notable shifts as capacity levels reach their highest since 2019, leading to softened rates and a surge in competition. Rob Herron, AVP of CNA Canada, explains that this increased capacity, with more insurers entering the space, has resulted in rate decreases within casualty lines as insurers strive to retain business. https://hubs.la/Q02Zh6j-0

We would like to honor the Reinsurance Business Elite Women of 2024! 🎉 Hear from Tanya Dasgupta, head of Lockton Pulse, Affinity and Digital Solutions, as she shares her journey of innovation and resilience in the insurance sector. With a focus on fostering diversity and empowering future leaders, Tanya emphasizes the importance of collaboration and community involvement. Join us in celebrating her achievements and vision for a more inclusive industry! View full report here: https://hubs.la/Q02YpVrs0

For collector car owners, traditional insurance isn't enough. Hagerty’s Cherished Salvage endorsement offers a unique solution—allowing clients to retain their cherished vehicle after a total loss while still receiving the full Guaranteed Value™. This affordable coverage is tailored to meet the emotional and financial needs of passionate car enthusiasts. Learn how Hagerty is redefining collector car insurance with innovative solutions. https://hubs.la/Q02Zh7tS0 #CollectorCars #CarInsurance #ClassicCarEnthusiasts #Hagerty

Winter’s freezing temperatures bring increased risks of water damage from burst pipes. Moen Incorporated’s smart water security products are leading the charge in prevention. With advanced features like Flo Smart Water Monitor and Shutoff, Winterize Mode, and Burst Protect, these innovations safeguard homes while reducing costly claims for insurers. Jerry Fairborn, national sales manager at Moen, highlights the importance of proactive solutions: “By installing our water security devices, homeowners and insurers alike can have peace of mind knowing a home’s water is being monitored, 24/7.” https://hubs.la/Q02ZNKQP0 #SmartTechnology #WinterPrep #HomeProtection #InsuranceInnovation

Mentorship is more than just guidance—it’s a gateway to personal and professional growth. But what happens when common challenges arise? Misaligned schedules, unclear goals, and struggles with trust or feedback can hinder even the best intentions. Join us on December 5 for the Women in Insurance Mentorship Network Webinar, where our expert panel will tackle these hurdles and share strategies to make mentorship relationships more impactful. Meet the speakers: ✨ Denise Campbell (Marsh) – Leader in client service and DEI advocacy ✨ Heather Masterson (Travelers Canada) – Visionary CEO with a track record of success ✨ Victoria Soormally (Gallagher) – People-first leader driving cultural transformation ✨ Lisa Walsh (Swiss Re) – Reinsurance expert with decades of innovation ✨ Camille McKinney – Executive coach and moderator Don’t miss this chance to learn from industry trailblazers and take your mentorship skills to the next level. 🔗 Register for free today! https://hubs.la/Q02Z820b0 #IBWIIMentorshipNetwork #Mentorship #IBWomenInInsurance #InsuranceIndustry

Shannon Varney, partner at McKinsey & Company’s Boston office and lead author of the 2025 Global Insurance Report, emphasizes the need for insurers to focus on clear strategies, efficient underwriting, and distribution to drive consistent growth in the evolving commercial P&C market. https://hubs.la/Q02ZyKF20

Moen Incorporated’s national sales manager, Jerry Fairborn, shares insights on how Moen’s Smart Water Management solutions are transforming home protection. With climate risks on the rise, these advanced tools help brokers support clients in preventing costly water damage claims, which average nearly CA$17,000. By offering Moen’s innovative tech, brokers can be trusted advisors in risk management. Learn how smart solutions can make a difference! https://hubs.la/Q02Zh7yk0 #SmartWater #HomeProtection #RiskPrevention #InsuranceInnovation

As technology becomes more integrated into actuarial workflows, the Canadian Institute of Actuaries l Institut canadien des actuaires (CIA) has identified key areas where generative artificial intelligence (Gen AI) is transforming traditional practices with greater efficiency and precision. https://hubs.la/Q02ZyT5s0