Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial auto to our insureds,” stated Hano Pak the chief …
Private equity firm Warburg Pincus made a majority investment in SCM Insurance Services, the privately owned Canadian insurance services provider said on Thursday. SCM did not disclose financial terms but said the investment would help grow its business in Canada …
Waterloo, Ontario-based Economical Insurance has appointed Roger Dunbar as the senior vice president of Sonnet Insurance, Economical’s digital direct channel. Previously, Dunbar was vice president, Marketing, at Trader Corporation where he led Trader’s consumer and business-to-business strategies, and business intelligence. …
Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering commercial property and casualty services to …
A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a report from Catastrophe …
Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of potential annual hail activity, the …
Afirm, an H.W. Kaufman Financial Group company specializing in loss control inspections, premium audits and risk mitigation services, announced its expansion to Montreal, Quebec. This marks Afirm’s initial presence in the Quebec province, building on its 30-year presence in the …
Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring from Arch. Dagneau joins Arch Reinsurance …
Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a public company. Currently, Assurance Economical in Quebec is underwritten by The Missisquoi Insurance Co.; Economical Select group car and home …
XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and will report to Richard …
