Category: Company News

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Desjardins Group, Coast Capital Savings sign agreement to share product and service expertise

“Intercooperation is a sure-fire way of leveraging strategic development for Desjardins and Coast Capital,” said Monique F. Leroux

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Co-operators General Insurance Company to add up to 25 jobs in Moncton, NB

Under the terms of an agreement, Invest NB will provide support of up to $175,000 in the form of payroll rebates for the 25 positions created at the insurer’s new Moncton contact centre

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Western Financial Group sponsors September cycling event in Cranbrook/Kimberley area

“We believe in being good neighbours and in giving back to the communities we serve, so we’re very proud to have a part in bringing about the Kootenay Rockies Gran Fondo,” said John Jenner, Vice President of Marketing and Communications with Western Financial Group

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BCAA receives Greatest Impact Award from United Way

To give employees more opportunity to play an active role in giving back to their communities, BCAA introduced its new employee volunteer program which provides them with paid time off to help at a registered charity of their choice

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Wawanesa selects Guidewire for rating, underwriting, policy administration and billing

The Wawanesa Mutual Insurance Company announced that it has selected Guidewire PolicyCenter as its new underwriting and policy administration solution and Guidewire BillingCenter to manage its billing operations

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FirstOnSite Restoration heading across the country to demo its latest software

The company is inviting insurance industry professionals to get a behind-the-scenes look at how the software works to increase communication and efficiency, and reduce the restoration job cycle time

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XL Group adds pollution insurance cover for food and beverage industry

“Few food and beverage businesses can afford a disruption to their operations in the event of a pathogen outbreak or other accidental pollution incident”

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Spectius Underwriting Solutions now operating as Canadian Reports

The name change is the result of a new partnership with leading U.S.-based underwriting services provider, US-Reports that offers the Canadian company a unique opportunity to expand its operations while establishing a national footprint for underwriting services in Canada

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Paul Little named new President of catastrophe risk modeling firm EQECAT

Paul C. Little has been appointed as President of catastrophe risk modeling firm EQECAT, replacing Bill Keogh who resigned from the role

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ICBC invested $8 million on road safety projects, studies in 2012

“We’ll continue to invest in road safety initiatives that help us reduce claims costs to keep rates as low as possible for our customers,” said ICBC’s John Dickinson

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Symbility Solutions, Weather Fusion partner to bring hail reports to insurers

“Our integration with Symbility enables users to view and archive hail reports directly within the claim file,” said Don Giuliano, CEO of Weather Fusion

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Kanetix’s mortgage comparison service now available in Eastern Canada

The service, originally launched in Ontario, expanded to Alberta, Saskatchewan and Manitoba in January 2013

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Lloyd’s Wordings Repository brings approved local country wordings to markets including Canada

The new Lloyd’s Canada section will contain approximately 40 Habitational Wordings under the category of Excellence

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Economical Insurance to begin pilot implementation of CSIO eDoc XML standard

Beginning Monday, March 25, Economical Insurance will begin a pilot implementation of the CSIO eDoc XML standard with select brokers that use The Agency Manager, sigXP, PowerBroker or The Broker Workstation broker management systems (BMS)

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Crawford & Company Names Larry C. Thomas CEO of Contractor Connection

Thomas previously served as president for Contractor Connection, which provides insurers with repair vendor network for residential and commercial property claims programs and has more than 4,500 members operating in the United States and Canada

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OPP issues computer scam warning

In 2012, the Canadian Anti-Fraud Centre (CAFC) received 1,690 reports from Canadian consumers who have reported receiving the ransomware pop‐up message. Of those, 70 victims were identified as having lost a total of more than $7,200 – roughly $103 per victim

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Elizabeth DelBianco joins Economical Insurance’s board of directors

DelBianco is currently chief legal and administrative officer for Celestica Inc., a Canadian-based supply-chain management company with global operations

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Keal Technology, SGI CANADA deliver CSIO-compliant eDoc solution to insurance brokers

SGI CANADA joins Intact and RSA as available companies offering eDocs to Keal clients

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Western Financial Group announces 14 infrastructure grants totaling $70,000

Made through its charitable arm—the Western Communities Foundation—the $5,000 grants will support community projects identified by Western staff

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