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Insurance 

The interim chairmanship of the House changes hands

by Andrea Lubeck August 16, 2018 11:00 The interim of the presidency of the Chamber of insurance changes hands. At the start of the Maya Raic, the board of directors had appointed Hélène Grand-Maître, who also acts as an independent director. The functions will be assumed by Jannick Desforges, director of institutional affairs and compliance, starting tomorrow, Friday 17 August. The Chamber has explained in the Journal of insurance that Ms. Grand-Master was in a position to ” transient “. “She was there a few days a week and available…

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Insurance 

Wealthsimple allows stock trading without commissions or minimum balance

by Justine Montminy August 16, 2018 10:30 Photo : Freepik Wealthsimple now allows stock trading without commissions or minimum balance in Canada by launching its mobile application Wealthsimple Trade. Thus, a customer may buy, sell, and track stocks and exchange traded funds (ETF) directly from their smart phone. “The options that are currently available in Canada to perform operations stock market leave much to be desired. The brokerage is traditionally accompanied by high costs, the technology used is cumbersome and outdated, and the experience is far from being intuitive, ”…

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Insurance 

ProColor is associated with Réparevitre

by Writing August 16, 2018 09:45 Body ProColor has entered into an exclusivity agreement with the glazier Réparevitre, franchise quebec CrackMaster, in order to develop the banner within the network of bodyshop. Thus, since the 1st of January, the services of the repair and replacement of windshield are available at ProColor. “This affiliation, with the consolidation that the industry has known for the past few years which has seen the number of workshops for auto body repair to decrease significantly, the diversification of the services offered by the franchisees, will…

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Insurance 

SFL Westmount will any customer believing in the service-board

by Alain Thériault August 15, 2018 07:00 Alain Descheneaux and Jean-Sébastien Renaud | Photo : Réjean Meloche Recognized for its offer to wealthy clients, the financial Center SFL Westmount will offer its wealth management services to all Montrealers who believe in the service-council and not just the wealthy. Alain Descheneaux, senior associate and director of SFL Westmount, says the combination of the centres of SFL across the province and the country to allow him to adopt this tactic, that he already had in mind before the announcement. He even goes…

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Insurance 

The use of drugs responsible for the increase in claims, says a study

by Andrea Lubeck 15 August 2018 13:30 Photo : Unsplash The increase of medication use is responsible for 75 % of the increase of claims to private insurance plans medicine, indicates a study of innovative Drugs Canada. The report says the increase in the cost of the medicines is responsible for only 25 % of this increase. From 2012 to 2016, it is estimated that the claims have increased by 4.7% on average, of which 3.5 % is attributable to an increase in the use (the number of claimants and…

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Insurance 

Mercer completes the range of pension and investment following the acquisition

by Justine Montminy 15 August 2018 11:30 Mercer has made the acquisition of the activities of investment consulting, alternative investments and wealth management of Pavilion Financial Corporation. The transaction complements the offer of pension and investment Mercer. “Our offer retirement plans and investment continues to grow and becomes more sophisticated as we focus to provide best results to a wider range of investors. This acquisition will enable our advisors to best practices in our industry and provide best results to our customers “, says Jean-Philippe Provost, in charge of the…

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Insurance 

The Coalition puts in place an agreement for students to stay in school

by Writing August 15, 2018 09:45 Photo : Freepik The context of shortage of labour, damage insurance has pushed the Coalition for the promotion of professions in the property and casualty insurance (Coalition) to implement the Agreement to stay in school. The organization encourages industry companies to sign the agreement to address the challenge of student retention. “It may be tempting, as a company, hire students during training without encouraging the continuation of their studies. The Coalition has therefore developed an agreement to ensure that the companies in the sector…

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Insurance 

Is Your High School Grad Heading off to College? Make Sure They’re Protected

You’ve seen the receipts, heck chances are you’ve paid for it. School is expensive, not just in regards to tuition but also when it comes to supplies and accommodation. The costs for books, a laptop, printer, cellphone, entertainment system, mini-fridge, clothing, and other items can quickly add up. Due to these costs, it’s important to make sure all your student’s must-haves are protected when your high school grad takes the next step and heads off to college. Whether they are

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Insurance 

Plan participants are more satisfied with their health care plan

by Justine Montminy 14 August 2018 13:30 Photo : Freepik According to the survey 2018 Sanofi Canada regarding the satisfaction of participants in a group plan, 58 % of respondents rated “excellent” or “very good” the quality of their health care plan. This is an increase compared to the 48 % satisfaction rating obtained last year. In addition, 62 % of respondents indicate that their system is responding “extremely well” or “very well” to their needs. Sanofi states that the results were around 50% to 55% in previous years. The…

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Insurance 

Decrease of 47 % of the segment’s net surplus earnings in the property and casualty insurance at Desjardins group in the second quarter

by Writing August 14, 2018 11:30 Guy Cormier | Photo : Normand Huberdeau The Desjardins group recorded surplus earnings before member dividends of 677 million dollars ($M) in the second quarter of 2018, an increase of$ 96 Million compared to the corresponding quarter of 2017. However, the surplus earnings, as adjusted decreased$ 34 Million or 5.8 % to$ 548 Million due to “a loss more important in the activities of insurance damage,” says the co-op. “The performance of our group can continue our mission, to innovate and to fully play…

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