SGI CANADA names new Chief Operating Officer

Andrew Voroney has been appointed as the new Executive Vice President (EVP) and Chief Operating Officer (COO) of SGI CANADA, effective June 1, 2021.

With 17 years of experience in the insurance industry, including the past five years serving as SGI CANADA’s Vice President of Commercial Lines and Regional Vice President (RVP), Saskatchewan Operations, Voroney brings a wealth of industry knowledge, strong corporate background, and innovative leadership to the position.

Building on an industry background in underwriting, product development and risk analysis, Voroney joined SGI CANADA in 2016. Since that time, he’s led the Commercial Underwriting and Product Management teams nationally as VP, and broadened his areas of responsibility into Personal Lines, Claims and Broker Partnership as RVP, bridging corporate and operational responsibilities. He has successfully managed profitable growth, streamlined processes, and expanded the company’s use of technology and innovation.

“While these priorities are important, the relationships we have with our staff, partners and customers are at the heart of our business, and these are all areas where Andrew excels,” said President and CEO Andrew Cartmell. “He’s developed strong teams and leaders who can confidently face the challenges of our ever-evolving industry, and support productive, successful partnerships with brokers. This all leads to providing an exceptional experience for customers.”

“I’m excited to take on the role of COO of such a fantastic organization, at a critical point in our industry,” said Voroney. “Technology, the reinvention of our processes and services, and the changes in our broker network present new opportunities for the future. It’s a privilege to be tasked with overseeing the exciting innovations SGI CANADA has planned, while staying true to our company’s roots of strong customer and broker service.”

Voroney will be replacing outgoing EVP and COO, Randy MacFarlane, as he transitions to retirement at the end of this year. Until that time, MacFarlane will lead the Corporate Insurance Division of SGI CANADA as EVP and Chief Insurance Officer (CIO).

“We’ve been incredibly fortunate to have Randy at the helm of SGI CANADA’s Ontario subsidiary, Coachman Insurance, and SGI CANADA as COO,” Cartmell said. “His forward-thinking leadership has made a tremendous impact on our company, and I’d like to sincerely thank Randy for his successful efforts to grow our company across the country.”

“It’s crucial that we have the right people leading SGI CANADA into the future, to ensure we remain a stable, consistent and sophisticated insurer our partners and customers can count on,” Cartmell continued. “Andrew will hit the ground running in his new role given both the corporate knowledge he’s gained, and his hands-on experience running day-to-day operations. He truly understands our business and how to make it work.”

 

SGI CANADA is the trade name of the property and casualty insurance division of Saskatchewan Government Insurance (SGI), offering products in five Canadian provinces, through a network of independent insurance brokers. It operates as SGI CANADA in Saskatchewan, British Columbia, Alberta, Manitoba, and Ontario, and also as Coachman Insurance Company in Ontario.

Visit www.sgicanada.ca for more information. 

Insurance apps that track your driving could now yield premium increases

For a few years, drivers in some Canadian provinces have been able to earn discounts on their auto insurance premiums by driving safely — or not driving much — thanks to apps or telematics devices that track their behaviour behind the wheel.

But recent rules changes mean that in a growing number of jurisdictions drivers could also see their premium increase if the tracking in so-called pay-as-you-drive programs reveals risky behaviour like speeding, abrupt braking or accelerating, or texting and handheld calls while the vehicle is in motion. Similarly, with pay-per-kilometre insurance, drivers could see surcharges for exceeding a certain number of kilometres driven in a certain period of time.

In November, Ontario’s insurance regulator announced insurers would be allowed to charge more for risky driving and high kilometres revealed by apps and telematics devices. In Quebec, where private insurance covers property damage caused or incurred by drivers, insurers are also allowed to adjust premiums.

Alberta approved the ability to increase premiums for insurance programs that rely on tracking in December as part of a broad auto insurance reform, with the new rules expected to come into effect in early 2022.

And some form of telematics insurance are also available in New Brunswick, Nova Scotia and Prince Edward Island.

READ MORE HERE AT GLOBAL NEWS

Insurance Broker Professional Certificate – Training starts March 2021

Break into the Insurance Industry without student debt.

Fully Funded Insurance Broker Professional Training starts March 2021.

Upon completion of this program, students will possess the knowledge to enter the Insurance Industry in British Columbia, with advanced computer, Insurance and interpersonal skills, as well as a level 1 general insurance license. Virtual delivery of all modules with individual instructor support. Online tools & resources with access to a robust Level 1 Insurance Licensing Program. More information and a button to apply for the program below!

 

New Year, New You. Earn your Level 2 License

New Year, New You. Earn your Level 2 License

To obtain your Level 2 license you must pass the CAIB 2 and the CAIB 3 exams. (BC, SK, MB)

Alberta requires CAIB 1, CAIB 2 and CAIB 3 completion to earn your level 2 license.

Use ILScorp’s online CAIB exam preparation courses, or Daily Assisted Virtual Classroom Programs to quickly prepare you for your Level 2 license.

CAIB Exam Prep Self-Study Online Video Courses are divided into easy-to-manage chapters with end of chapter quizzes. Each chapter includes 10-20 video clips of the instructor, along with easy to read text. A downloadable PDF workbook, key terms, a mock midterm and a mock final exam are also included. Once you purchase your subscription, you can begin taking your course immediately! All material is viewed online and is accessible 24/7.

MORE INFO ON CAIB EXAM PREP

How the CAIB exam preparation courses work

  • Once you purchase, you can begin taking your course immediately! If you are a new subscriber, you will receive an automated username and password by email.
  • All material is viewed online. All you need is an internet connection!
  • Your course can be accessed any time. You can log in and log out as many times as you wish, pause, rewind and review, unlimited access for 4 months.
  • Quizzes and Final exams help you retain the information.
  • Once you feel prepared to write your CAIB exam, you must contact your Insurance Council, or in BC the Brokers Association to book your exam.
  • Should you require any assistance at any time during your course work, we are here to support you! Email info@ilscorp.com

 

British Columbia Level 2 General Insurance Agent License

A level 2 general insurance agent is not restricted to where he or she can work and is not prohibited from signing contracts of insurance. Although insurance industry experience is not required, an applicant must be an authorized representative of a licensed general insurance agency and have met the educational requirements.

Saskatchewan Level 2 General Insurance Agent License

A Level 2 licensee shall not manage an agency.

Manitoba Level 2 General Insurance Agent License

A level 2 general insurance agent is authorized, to sell the insurance policies authorized under section 3, both inside and outside of the office of a general insurance agency, but is not authorized to manage the office of a general insurance agency

Change made to insurance for B.C. condo owners amid rising premiums

VICTORIA _ Insurance companies in British Columbia have agreed to end a pricing practice that has been identified as one of the key factors in skyrocketing property insurance premiums for condominiums.

Earlier this year, the B.C. Financial Services Authority said premiums have gone up by 40 per cent on average for a number of reasons.

Finance Minister Selina Robinson says an agreement to end so-called best terms pricing on Jan. 1 is a positive step.

Insuring multi-unit properties in B.C. often sees many insurers submit bids.

Under best terms pricing, the final premium paid by owners is usually based on the highest bid, even if most quotes were lower.

Blair Morrison, CEO of the financial services authority, says the change is an important step for long-term stability in the property insurance market.

Robinson was the housing minister in June when she introduced legislation to change the Strata Property Act and the Financial Institutions Act to bring more transparency to the insurance market.

The Insurance Council of B.C., the regulatory body for insurance agents in the province, says it will work with the industry to address the practice.

Council CEO Janet Sinclair says the change will mean less price volatility.

A financial authority report released in June says price pressures will continue on buildings considered to be higher risk and the insurance market for so-called strata properties was “unhealthy.”

It says insurers were accumulating losses mostly from minor claims, especially for water damage due to poor building maintenance and initial construction.

It says new building construction, building material changes and rising replacement costs have put added strain on the industry’s profitability.

Insurers are also reducing the amount of insurance they offer in B.C. because of excessive exposure to earthquake risk, it says.

Holiday CounterAttack roadchecks start this weekend

Holiday CounterAttack roadchecks start this weekend

This year’s holiday CounterAttack campaign is kicking off this weekend with police roadchecks set up across the province. ICBC and police are urging drivers to plan ahead and make smart decisions to get home safely this holiday season.

Although COVID-19 has changed many things, it hasn’t changed the law – if you plan to drink, don’t drive.

“We know celebrations will look different this holiday season,” said Lindsay Matthews, ICBC’s vice-president of public affairs and driver licensing. “If you’ve been drinking at home, please stay home and don’t drive. When you drink and drive, you not only risk your life but those of others on the road. We all need to do our part to prevent crashes and save lives. If you plan to drink, plan ahead.”

Impaired driving remains a leading cause of fatal car crashes, with an average of 67 lives lost every year in B.C. More than half of impaired-related crashes (56 per cent) occur on the weekend (Friday to Sunday).

“We fully support our road safety partners and the CounterAttack campaign and will be out in force over the holiday season to deter impaired driving,” said Superintendent Holly Turton, vice-chair of the B.C. Association of Chiefs of Police Traffic Safety Committee. “Police will utilize mandatory alcohol screening, Standardized Field Sobriety Testing and Drug Recognition Experts to identify and remove alcohol and drug affected drivers from our roads to make BC’s roads some of the safest in the world.”

For more than 40 years, ICBC has implemented impaired driving education campaigns and funded CounterAttack enhanced police enforcement.

ICBC leads two impaired driving education campaigns every year. Learn more facts and tips in ICBC’s infographic.​

Statistics:*

  • On average, 17 people are killed in crashes involving impaired driving in the Lower Mainland every year.

  • On average, 11 people are killed in crashes involving impaired driving on Vancouver Island every year.

  • On average, 23 people are killed in crashes involving impaired driving in the Southern Interior every year.

  • On average, 17 people are killed in crashes involving impaired driving in North Central B.C. every year.

Editor’s notes:

  • Several police detachments throughout B.C. will invite media to attend CounterAttack roadchecks in their communities during a one-day blitz on December 5.

  • B-roll footage of a CounterAttack roadcheck is available for download.

Notes about the data:

*Fatal victim counts from police data based on five-year average from 2015 to 2019. Impaired is defined to include alcohol, illicit drugs and medicines.

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