Hub International Acquires Integro (Canada) Ltd.

Chicago, September 8, 2017 – Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Integro (Canada) Ltd. (Integro Canada). Terms of the acquisition were not disclosed.

With offices in British Columbia, Ontario and Quebec, Integro Canada is a top-tier commercial property & casualty brokerage specializing in complex risks, including construction, transportation, professional services, manufacturing, real estate, entertainment, mining and financial services. Key leadership and staff from Integro Canada will be joining the Hub team, including Mark Rankin, President, based in Toronto, Robert Dunn Chairman, based in Montreal, and Michael Baddeley, Managing Principal, based in Vancouver.

“Integro Canada’s experience in larger, more complicated risk issues brings an expanded dimension to Hub’s substantial leadership position in the Canadian market,” said Tina Osen, President, Hub Canada. “We are already recognized as a leader in Canada and with this expansion we broaden our geographic reach and our ability to upscale our presence in the larger risk management sector across the entire country.”

Integro Canada offers property & casualty and management liability insurance solutions to its clients. Hub will round out Integro Canada’s solution by enabling them to bring employee benefits and personal line insurance options as well.

“Hub is a dynamic, forward thinking organization and what they have achieved since their creation is nothing short of remarkable. Joining forces provides our team with a depth and breadth of resources that will position us to be able to provide our clients with enhanced services and capabilities” said Rankin.

Hub Chairman and CEO, Martin P. Hughes, stated “This is a significant deal for Hub as it also expands our focus on large account business in Canada. Hub is focused on working with like-minded organizations and Integro Canada’s commitment to culture, mission and expertise that parallels our own, makes them a great addition to our presence in Canada.”

About Hub’s M&A Activities

Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America. For more information, please visit hubinternational.com.

Hurricane Irma: Air Transat airlifts all travellers from Cuba

Hurricane Irma: Air Transat airlifts all travellers from Cuba

After it evacuated its passengers out of the Dominican Republic, Air Transat is continuing its rescue operation and is evacuating its passengers  that are in the trajectory of Hurricane Irma. The company announces that it is deploying a total of 10 flights to Cuba to evacuate its clients: four flights to Varadero, three to Santa Clara, two to Cayo Coco and one to Holguin. All aircraft should arrive in Cuba on September 7, and passengers should be back in Canada in the afternoon or late evening.

This operation will allow more than 1,800 passengers to be repatriated.

Transat continues to monitor the evolution of Hurricane Irma and regular updates will be posted on its websites.

About Air Transat
Air Transat is Canada’s number one holiday travel airline in the Canadian and transatlantic markets. It also offers domestic and feeder flights out of five Canadian airports. Every year, it carries nearly 4.5 million passengers to approximately 60 destinations in 26 countries. Based in Montreal, the company employs 3,000 people and operates a fleet of Boeing narrow-body and Airbus wide-body jets. In 2017, Air Transat was named the second-best leisure airline in the world, and the best in North America in the same category for the sixth consecutive year, by Skytrax. In recent years, the carrier has earned multiple distinctions for its efforts to reduce its environmental footprint. Since 2011, it has consistently been ranked number one in North America for energy efficiency, and in the Top 20 worldwide, by the Atmosfair Airline Index. Air Transat is a business unit of Transat A.T. Inc., a leading integrated international tourism company active in air transportation, accommodation, travel packaging and distribution. Transat was awarded Travelife Partner status in 2016 in recognition of its commitment to sustainable development. The vacation travel companion par excellence, Transat celebrates its 30th anniversary in 2017.

 

SOURCE Transat A.T. Inc.

Learn more about where insurance specialists work and what you can expect from this career

Learn more about where insurance specialists work and what you can expect from this career

WHERE DO INSURANCE SPECIALISTS WORK?

Finding work in the Canadian insurance industry is a smart career option. No one can know when tragedy may strike, so it pays to be prepared. Thus, insurance is a critical component of life for a large percentage of the population.

In response to this, triOS College has developed an excellent Insurance Specialist program. It educates students and provides them with all the tools they need to succeed in their future career. In this program, you receive practical experience, an eight week internship, and lifelong career assistance, among other benefits. For full information about this program, visit our website.

There are a few things you will want to understand as you move down this career path, including information on licensing, location of employment, and expected wages.

WAGES

The salary you can expect as an insurance specialist in Canada is consistently above the average wage. The average salary of this occupation is $68,775 a year, and applies to full-time employed insurance specialists in Ontario. To help put this in perspective, the average salary listed for all occupations is $61,495, which means that even if your salary for your work as an insurance specialist does not hit the provincial average, it is still likely valued at a higher rate.

LICENSING

In order to continue in a career as an insurance specialist, broker, et cetera, all individuals have to pass certain licensing exams. This includes the Registered Insurance Brokers of Ontario (RIBO) exam, which you will receive training for as a part of triOS College’s Insurance Specialist program. Other licensing bodies and associations include the Insurance Brokers Association of Ontario (as well as the Canada-wide one), the Insurance Institute of Canada, and the Financial Services Commission of Ontario.

LOCATION AND INDUSTRY

You can find work as an insurance specialist or broker in many locations across the country. Simply pay attention to your job search. If there is a location you prefer, try filtering your search there first before expanding.

With that said, some regions have more opportunities for the insurance industry jobseeker than others. In Ontario, the top two regions for employment (as an agent, broker, et cetera) are Toronto region with 50% of the provincial total, and Kitchener/Waterloo and Barrie with 10% of the provincial total. The region with the lowest percentage (coming in at only 2%) is the Muskoka-Kawarthas. Other areas of note for work as an insurance specialist include Ottawa, London, Hamilton, and the Niagara Peninsula.

The major employment as an insurance specialist is within the insurance industry itself (full companies offering insurance, whether it be auto, home, or life). Another major industry that employs insurance specialists and agents is the finance industry. Together, these employ 98% of insurance specialists and agents.

COMPANIES

When looking for employment in insurance, the search that will yield the most results is one that focuses on dedicated insurance companies. Some examples of companies that often hire triOS College graduates include HUB International, Hubbard Insurance Group, Orr Insurance &Investment, and St. Andrews Direct Insurance.

LET’S GET STARTED

triOS College

 

$110,000 Non-Pecuniary Assessment For Chronic Low Back Pain

Reasons for judgement were published today by the BC Supreme Court, Vancouver Registry, assessing damages for partly disabling chronic back pain caused by a collision.

In today’s case (Teunissen v. Hulstra) the Plaintiff was involved in a 2012 collision caused by the Defendant.  The crash caused a soft tissue injury which was chronic and partly disabling in nature.  In assessing non-pecuniary damages at $110,000 Madam Justice Burke provided the following reasons:

[67]         I conclude the medical evidence clearly establishes Mr. Teunissen suffered a soft tissue injury in the accident and continues to suffer from chronic back pain. It also establishes the accident is a material contributing cause to Mr. Teunissen’s back injury, pain and resulting disability…

[92]         Mr. Teunissen is a determined and stoic individual who has persisted in trying to work and support his family, despite the chronic pain. He has demonstrated this more than once, attempting work opportunities that he previously would have had no difficulties with and which he unfortunately cannot continue.

[93]         The assessment of non-pecuniary damages depends on the particular circumstances of the plaintiff in each case. Having considered Mr. Teunissen’s age, the nature of the injuries, the severity of his symptoms and the fact they have been ongoing for five years, the poor prognosis for recovery, and the authorities, I am of the view the appropriate award for non-pecuniary damages is $110,000.

New school zone survey shows more parents driving aggressively in school zones

New school zone survey shows more parents driving aggressively in school zones

BCAA’s second annual School Zone Safety survey shows that driving in school zones has gone from bad to worse. In fact, this year’s survey shows a marked increase in concern across the board. Particularly alarming is that hostile/aggressive attitudes amongst parents such as honking or using profanities has jumped almost 30 per cent (51% to 66%).

Last year, Shawn Pettipas, BCAA’s Director of Community Engagement called school zones the “wild west”. Shocked by this year’s results, Pettipas is more determined than ever to get parents (the worst offenders) to make—and keep— a ‘new school year’ resolution to improve their driving habits.

“We asked over 300 school faculty and staff and over 400 parents or guardians what they’re seeing in their school zones, and it’s very concerning to see that unsafe driving in school zones has increased,” says Pettipas. “There’s no excuse for hostile behaviour and breaking traffic rules. Parents and motorists have to start driving safely, we don’t want someone to get hurt.”

In addition to more hostile/aggressive attitudes, BCAA’s School Zone Safety survey also reveals an increase in unsafe driving behaviours and ignoring traffic rules amongst parents and guardians dropping off or picking up their children: Over 80 per cent witness parents not following rules of the road, including not stopping at a marked crosswalk (82%) or driving over the speed limit (93%). Distracted driving has also increased and remains high (82% to 86%).

Shawn, a parent himself, understands how stressful school zone driving can be. “We appreciate the honesty of parents and guardians who participated in the survey and shared what they’ve been witnessing in their school zones,” says Pettipas. “Because parents and guardians are in school zones every day, improving safety in school zones can really start with them, and the first step is to improve their driving habits and keep the right attitude.”

BCAA provides tips for parents and motorists to help make school zones safer:

  1. Avoid running late. A great deal of stress arises from feeling rushed. Give yourself plenty of time in the morning and consider completing tasks and preparing your child’s school items the night before.
  2. Focus on what you can control. No matter what’s going on around you, be patient and courteous. Reacting with extreme frustration may aggravate the situation and increase the risk of unsafe behaviours.
  3. Follow the rules, which includes school drop off and pick up procedures and rules of the road such as driving within the speed limit, stopping at marked cross walks and not driving distracted. If everyone follows the rules, problems and misunderstandings are less likely to occur.
  4. Pay close attention while driving. Expect the unexpected and look out for safety risks such as kids darting from cars, along with kids who are cycling and other pedestrians.
  5. Reduce congestion. Consider walking or cycling your child to school or park a few blocks      away   and walk your child the rest of the way to school.

When it comes to rules of the road, BCAA reminds drivers of sections within the BC Motor Vehicle Act which address common driving mistakes made in school zones:

  • Speeding. School zone speed limit is 30 km/hr between 8AM-5PM on school days unless otherwise posted. In playground zones, a 30 km/hr speed limit is in effect from dawn to dusk, 365 days of the year.
  • Crosswalks. Drivers must stop for pedestrians crossing the road at a crosswalk. The best and safest rule is for drivers to stop once they see a pedestrian standing on the curb at a crosswalk and to wait for as long as it takes for all pedestrians to reach the curb on the other side.
  • Crossing guards/patrollers. Drivers, pedestrians and cyclists must follow the instructions of a school crossing guard or student patroller.
  • Distracted driving. Using an electronic device while driving, including holding the device in a position in which it may be used, is considered to be distracted driving and is against the law. For parents and guardians dropping off or picking up their child from school, BCAA recommends they avoid using their cell phone altogether within a school zone, even when their car is parked and idling at the curb.

But the onus is not entirely on drivers. It’s also important for pedestrians and cyclists to follow the rules of the road. BCAA recommends that parents teach their kids how to walk or cycle safely near or on the road.

Visit bcaa.com/blog to learn more about school zone safety.

About the survey

Results are based on an online study conducted from July 15 to July 21, 2017, among a representative sample of 720 adults in British Columbia, including 307 who currently serve as principals, teachers or school staff at a British Columbiaelementary school, and 413 parents or guardians who drop off and/or pick up a child from school. The data has been statistically weighted according to Canadian census figures for age, gender and region. The margin of error for the entire sample—which measures sample variability—is +/- 3.7 percentage points.

About BCAA

The most trusted organization in British Columbia by its Members, BCAA serves 1 in 3 B.C. households with industry-leading products including home, auto and travel insurance, roadside assistance, Evo Car Share and full auto service at BCAA’s Auto Service Centres. BCAA has a long history focused on keeping kids safe on the road and at play through community programs such as its School Safety PatrolCommunity Child Car Seat Program and BCAA Play HerePlease visit bcaa.com.

Examples of common driving offences and fines

Motor Vehicle Act section

Description

Fine

Driver penalty points

179(1)

Failure to yield to pedestrian

$167

3

147(1) and (2)

Speeding in school or playground zones

$196-$253

3

179(4)

Disobey school guard/ patrol

$167

3

214.2 (1) and (2)

Using electronic device while driving or emailing or texting while driving

$368

4

 

SOURCE British Columbia Automobile Association (BCAA)

Photo: Shawn Pettipas, BCAA’s Director of Community Engagement asks parents and drivers to make a ‘new school year’ resolution to drive safe.

Tax changes needed to avoid ‘two classes of Canadians’: finance minister

VANCOUVER _ Federal Finance Minister Bill Morneau says small business owners in Canada have an unfair advantage that could create two classes of Canadians.

Morneau met with small business owners in Vancouver today as part of his cross-Canada consultations on proposed changes to income-tax rules affecting entrepreneurs.

He says small business owners in Canada pay the lowest income tax of all G7 countries and that encourages businesses to create jobs, but the current tax system isn’t sustainable.

Morneau says incentives such as “income sprinkling” unfairly allow business owners to reduce taxes by shifting some of their earnings to family members who don’t have to work in the company.

If changes aren’t made, Morneau says Canada risks being split into those who get financial advantages and those who don’t.

But entrepreneurs say current incentives allow them to take on the risks of opening their own companies and, unlike salaried and public-sector employees, they don’t have a guaranteed pension or employment insurance protection.

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