Insurance Business Canada

Insurance Business Canada Daily breaking news, cutting-edge opinion and expert analysis affecting the insurance industry in Canada.

Insurance Business is the leading independent business website for insurance brokers and advice professionals. A key business resource, Insurance Business provides daily breaking news, cutting-edge opinion and in-depth analysis affecting the industry. Insurance Business also offers a series of industry reports that recognise the achievements of key individuals and businesses such as Elite Brokers,

Top Brokerages and Young Guns, as well as providing the latest in business best practice in a continually evolving industry. Part of the global Insurance Business suite of publications, IB reaches a wide readership in Canada, Australia, New Zealand, Asia, USA, and UK. Insurance Business is published by independent media company Key Media. Find out more about Key Media’s magazines, events and websites at www.keymedia.com.

Agentic AI is reshaping insurance governance at the task level.Paulo Salomao, national lead of strategy and consulting a...
06/04/2026

Agentic AI is reshaping insurance governance at the task level.

Paulo Salomao, national lead of strategy and consulting at Accenture Canada, says boards must rethink oversight as agentic AI takes over discrete underwriting and claims tasks, shifting accountability away from traditional job roles.

Read how this transformation is redefining governance frameworks — and share your perspective on the future of board responsibility in insurance.

https://hubs.la/Q04k6FJh0

Paulo Salomao says AI is taking over tasks, not positions – and that shift is forcing boards to govern at an entirely different level

Ontario’s auto insurance overhaul promises savings — but at what cost?Michael McNeill and Brian Hambly of Crawford Canad...
06/04/2026

Ontario’s auto insurance overhaul promises savings — but at what cost?

Michael McNeill and Brian Hambly of Crawford Canada warn that the province’s July 1 reform, which shifts accident benefits from mandatory to optional, could spark an underinsurance crisis even as premiums drop by 5%.

Explore how these changes may reshape coverage, claims, and consumer risk — and join the conversation on what it means for drivers and fleets.

https://hubs.la/Q04k63520

Claims professionals say the real risk is what drivers will lose before they realise it

06/04/2026

Canada faced $http://2.4 billion in insured catastrophe losses last year — preparedness is no longer optional.

Bill Dietz, President of Paul Davis Canada, stresses that earthquakes, floods, and wildfires may be unpredictable, but proactive risk assessments, continuity planning, and restoration readiness are the first line of defense for businesses.

Learn how Paul Davis Canada is helping firms strengthen resilience and prepare for the next major disaster.

https://hubs.la/Q04k1Yx_0

Earthquakes, floods and wildfires may be tough to predict – but they can be prepared for

When hearsay evidence fails, liability assessments can collapse.In Aziz v. ICBC (2026 BCCRT 808), the Civil Resolution T...
06/03/2026

When hearsay evidence fails, liability assessments can collapse.

In Aziz v. ICBC (2026 BCCRT 808), the Civil Resolution Tribunal rejected ICBC’s 50/50 liability split after finding the insurer relied on hearsay without documentary proof. Vice Chair Andrea Ritchie preferred the applicant’s account, ruling the other driver solely responsible for the Vancouver collision.

Explore how this decision highlights the importance of evidence standards in liability disputes and coverage claims.

https://hubs.la/Q04jXnG_0

Insurer billed driver $3,647.10 - then the evidence didn't hold up

Mentorship, ambition, and the AI question are shaping the future of insurance leadership.At the Women in Insurance Summi...
06/03/2026

Mentorship, ambition, and the AI question are shaping the future of insurance leadership.

At the Women in Insurance Summit Canada, leaders tackled the hard truths: women make up two‑thirds of Canada’s insurance workforce but hold just 18% of SVP roles.

Join the conversation on how mentorship, flexibility, and innovation can accelerate equity and resilience across the insurance industry.

https://hubs.la/Q04jXgX00

Women make up two-thirds of Canada's insurance workforce but hold just 18% of SVP roles

Simple fixes could sharply cut sewer, wildfire, and hail losses — but uptake remains low.At Desjardins, VP Jocelyn Lafla...
06/03/2026

Simple fixes could sharply cut sewer, wildfire, and hail losses — but uptake remains low.

At Desjardins, VP Jocelyn Laflamme highlights how affordable, hazard‑specific measures can make a collective difference.

Explore how peril‑specific mitigation can strengthen resilience and share how your community is preparing for the next storm season.

https://hubs.la/Q04jW-mX0

Jocelyn Laflamme says uptake of basic home mitigation remains low, even though small changes multiplied across a neighbourhood can take real pressure off municipal systems

A heartfelt thank you to our incredible sponsors for powering the Women in Insurance Summit Canada.Your support made it ...
06/03/2026

A heartfelt thank you to our incredible sponsors for powering the Women in Insurance Summit Canada.

Your support made it possible to bring together inspiring leaders, meaningful mentorship, and real‑world strategies that are shaping the future of insurance. From Allianz Global Assistance as our Diamond Event Partner to every organization that stood behind this initiative, your commitment to inclusion and industry growth shines through.

Let’s continue building momentum together — advancing mentorship, leadership, and innovation across the insurance community.

https://hubs.la/Q04jQFhS0

Ontario’s auto insurance promise is being reshaped—and the impact could be profound.Starting July 1, nine of 12 statutor...
06/02/2026

Ontario’s auto insurance promise is being reshaped—and the impact could be profound.

Starting July 1, nine of 12 statutory accident benefits will become optional, leaving only medical, rehabilitation, and attendant care as mandatory. Critics warn that vulnerable claimants—such as pedestrians, cyclists, and passengers without their own policy—may lose access to protections they’ve long relied on.

Explore how Ontario’s overhaul could reshape accident benefits, broker liability, and claimant protections in the years ahead.

https://hubs.la/Q04jMRqh0

As nine of 12 statutory accident benefits become optional on July 1, the province's no-fault promise is quietly being dismantled for those who can least afford it, it is suggested

Thank you for joining us at the Women in Insurance Summit Canada!From mentorship labs to candid strategy sessions, the  ...
06/02/2026

Thank you for joining us at the Women in Insurance Summit Canada!

From mentorship labs to candid strategy sessions, the community came together to spark meaningful dialogue, build authentic connections, and chart the path toward a more inclusive, future‑ready industry.

Let’s continue the conversation — share your takeaways, celebrate the leaders who inspired you, and keep fueling change across insurance.

https://hubs.la/Q04jQkv70

The   Canada Summit was a resounding success — filled with insightful sessions and inspiring voices from across the indu...
06/02/2026

The Canada Summit was a resounding success — filled with insightful sessions and inspiring voices from across the industry.

Attendees gained real‑world strategies, meaningful connections, and actionable takeaways to fuel their careers and strengthen inclusion across insurance. As we look ahead, the conversation continues with Women in Insurance Live! in Chicago.

Share your thoughts and key takeaways from Canada, and join us as we keep building the future of insurance together.

https://hubs.la/Q04jRhVb0

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