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Insurance 

Sun Life launches in the management of human resources

by Writing October 19, 2018 13:30 Photo : Freepik Sun Life financial of Canada has invested $ 15 million ($M) shares in Rise People, a company that provides a platform for human resources management, payroll and group benefits. The agreement provides that Sun Life has the option to invest an additional amount of$9 Million. The two companies say they want to collaborate in order to provide connections and digital services to businesses in the country. The integrated solution will be launched among small and medium-sized businesses across Canada during the…

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Insurance 

A former VP of the National Bank appointed minister of Finance

by Denis Méthot October 19, 2018 11:30 Eric Girard, the new Finance minister of Quebec | Photo : Denis Méthot It is a banker 51 years old, Eric Girard, who took the reins yesterday the ministry of Finance in replacement of Carlos Leitão, in which the government has been defeated in the elections of the 1st of October last. Mr. Girard was born in Sept-Îles, he grew up in Quebec and studied in Montreal. He holds a Bachelor of science Joint Honours in Economics and Finance from theMcGill University and…

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Insurance 

Aldo Arcaro between the hall of fame of the SPVM

by Writing October 19, 2018 09:30 Jacques Lamontagne, Jean-Pierre Harvey, Hao Hoang Ngo, Aldo Arcaro, André Drolet and Jean Touchette | Photo : Mélanie Malenfant Aldo Arcaro, broker in damage insurance at Group Values, has been named to the hall of fame of the police Department of the city of Montreal (SPVM). The honors have been handed out by the intelligence directorate of the SPVM. “The involvement and long-standing dedication to the organization he will have earned the honors of the intelligence directorate of the SPVM,” said the service. Mr….

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Negotiate funding agreements : the key to a successful transaction, according to Yan Charbonneau

by Hubert Roy October 19, 2018 07:00 For Yan Charbonneau, a lot of transaction in insurance with a finance sloppy. “Buyers say that the banks will cooperate. They think that it works on the blow of the emotion and say that is going to work. But the banks want more than a earnings before interest, taxes, depreciation and amortization (EBITDA) or return on their investment. It is necessary to talk about the numbers. It should be included in a good story. Up to now, the results are in line with…

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Insurance 

Swiss Re has paid$ 1.1 billion US in claims in the third quarter

by Writing 18 October 2018 13:30 The estimated preliminary reinsurer Swiss Re establishes to us $ 1.1 billion (US$ millions) claims paid in the third quarter of 2018. These claims are related to recent events of natural disasters. The reinsurer asserts that its burden of claims linked to hurricane Florence amounted to 120 million us dollars (US$ M). Typhoon Jebi, which struck Japan and the Philippines, is the event the most costly with US$ 500 MILLION. This typhoon was the strongest to have made landfall in Japan since typhoon Yancy…

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Insurance 

Promutuel Insurance receives his certification for electronic documents

by Writing 18 October 2018 11:30 Photo : rawpixel Brokers in Quebec and New Brunswick who are dealing with Promutuel Insurance can now make the sending of electronic documents (eDocs) since last October 15. The insurer has received its certification from the Centre for study of insurance operations (CSIO). “We are very proud of the deployment of the solution, eDocs, but also of our certification of the CSIO, highlighted Guy Lecours, head of operations at Promutuel Insurance. The arrival of eDocs is an important step towards the virtualization of our…

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Insurance 

Shortage of labour : the finance and insurance fare better, according to the BOC

by Hubert Roy October 18, 2018 09:30 Difficult to find the workforce in finance and insurance ? His employers are faring better than other industrial sectors, says a study by the business development Bank of Canada. It surveyed 1 208 businesses in the country. The companies surveyed in the areas of insurance, finance and real estate said in a proportion of 28% that it was difficult for them to recruit, the lowest note in the matter. Is it to much easy for the companies in these sectors to hire new…

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Many firms joining The Capital

by Justine Montminy October 18, 2018 07:00 Among the new firms, many are those who chose to join La Capitale general insurance. For Ianina Galvez Rojas and Sylvain Verrier, the owners of the Insurance Vega, join The Capital was synonymous with safety. “Seeing everything that happens in the middle, among brokers and agents, we wanted to give customers the choice, but still be supervised. We want to give the security of the direct and the security that the broker gives. We wanted a firm to be self-sufficient, ” says Ms….

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Insurance 

Cannabis : The insurance industry is facing the legalization

by Justine Montminy 17 October 2018 13:30 Photo : Unsplash The legalization of cannabis in Canada has forced the insurance industry to adapt. Different actors have now finalized their preparation for the last few days. The Journal of insurance, the insurance Bureau of Canada (IBC) has expressed that the legalisation of cannabis will not lead to real changes in the property and casualty insurance as this property is now legal. Thus, in home insurance, such property will be treated like all the others. “If a consumer of cannabis becomes a…

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Insurance 

The finalists for the Award of Distinction Notes 2018 are disclosed

by Writing October 17, 2018 11:30 Photo : Freepik The Regroupement des cabinets de courtage d’assurance du Québec (RCCAQ) has unveiled the four finalists for the Award of Distinction Notes 2018. The four brokers have been selected because of their involvement in their professional career, their commitment to the community, and their participation in the radiation of the brokerage. The finalists are Joanie Forget (AssurExperts Forget), Valerie Perusse (Insurance Pérusse), Raphael Dubois (Access Board) and Vincent Lemoine (Claude Lemoine inc.). The prize will be awarded at the banquet held during…

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