Insurable Interest Canadian Insurance Blog

Case Study: FCA Insurance Brokers developing a Certificate module with Acturis Canada — Firstbrook Cassie & Anderson (FCA) is a long-established independent brokerage providing insurance and surety solutions to mid‑to‑large organizations with complex insurance needs. Founded in 1919, FCA has more than a century of experience supporting clients across a wide range of sectors, such as construction, manufacturing, real estate, non‑profit, insolvency, and high‑net‑worth personal lines. With over 100 users across offices in Toronto and Muskoka, FCA manages a significant volume of documentation as part of its day‑to‑day operations – particularly insurance certificates, which play a critical role for many of its construction and manufacturing clients. Licensed across Canada and serving more than 17,000 clients nationwide, the brokerage is well-positioned to deliver consistent, efficient service while retaining a strong local presence. FCA is a founding member of the Global Broker Network and a proud member of the Canadian Broker Network, giving clients access to global market insight and international coverage when required. With a long history of independence and strong industry connections, FCA places a strong emphasis on operational efficiency, service quality, and long‑term client relationships. Certificate Generation And Distribution On Acturis FCA worked with Acturis to implement the Acturis...

A $350-billion opportunity: Digital maturity—not just adoption—is now the key challenge, with execution emerging as the primary barrier to growth Montreal, QC (June 24, 2026) – Canadian small- and medium-sized enterprises (SMEs) could unlock nearly $350 billion in economic growth if more firms reached the digital and AI maturity of the country’s top-performing SMEs, according to a new study from the Business Development Bank of Canada (BDC). Digital maturity reflects a business’s overall ability to turn technology, data and processes into performance, while AI maturity refers more specifically to how effectively it embeds and scales AI in day-to-day operations. The estimate models a scenario in which 92% of SMEs reach the digital maturity of today’s top-performing 8%, highlighting the scale of the gap between leaders and the broader market. The challenge is no longer awareness—it’s execution. Moving from adoption to results now separates leading economies. For Canada, accelerating digital maturity is also a question of sovereignty, tied to the ability to build domestic capability and capture value at scale. The study found the digitization of Canadian businesses is accelerating, with 96% of SMEs investing in digital technologies in 2025 versus 91% in 2021. However, while adoption is widespread, the report shows that...

New Climate-Ready Guide: Three Steps to Cost-Effective Wildfire Smoke Protection at Home Waterloo, ON (June 29, 2026) – Wildfire smoke is becoming a national health issue, affecting communities both near and far from active wildfires. Wildfire smoke can travel thousands of kilometres from the fire zone, reducing air quality in communities that may not consider themselves at high risk from wildfires. Recent research[1] also shows the scale of health impacts (Romanello et al., 2025). Between 2020 and 2024, exposure to wildfire smoke was associated with an estimated annual average of 1,400 deaths in Canada. Smoke from Canada’s 2023 wildfire season is also estimated to have contributed to more than 80,000 premature deaths globally. The impacts can also be immediate. During a heavy smoke episode in Ontario in June 2023, asthma-related emergency department visits increased by 23.6% one day after the smoke arrived, with visits among children increasing by 40%. To help residents prepare, the Intact Centre on Climate Adaptation has released a new easy-to-follow guide to help Canadians reduce smoke exposure in their homes. The ‘Wildfire Smoke Protection at Home’ guide translates climate adaptation research into simple actions households can take BEFORE and DURING smoke events. These actions can also...

Schaumberg, IL (June 3, 2026) – Zurich North America is pleased to share the second episode of its Future of Risk podcast, “Lessons from data center claims.” As data centers grow in scale, speed and complexity, the risks driving claims are evolving just as quickly. In this episode of Future of Risk, we explore key lessons from data center claims, focusing on the unique risks emerging from rapid construction, increasing project scale and evolving loss drivers. Our guests are Jimmy Johnson, Vice President of Property Major Case Unit at Zurich U.S. and Patrick McBride, Head of International Construction, Global Specialty at Zurich. Together, they unpack how rising project values, complex equipment and compressed timelines are fundamentally reshaping both underwriting and claims strategies. The discussion highlights major loss drivers such as severe weather, equipment sensitivity and construction sequencing, as well as the growing impact of delay in startup (DSU) exposures. Listeners will gain insight into how Zurich is applying decades of experience, data and cross-functional collaboration to deliver innovative solutions and help clients navigate these increasingly complex risks. This podcast covers: The impact of hyperscale growth on data center construction claims Data center risk: Key loss insights Sequencing risks in data center...

Foresters Financial expands simplified issue underwriting, enabling up to $500,000 in affordable no-medical coverage for Canadians with prior health conditions Toronto, ON (June 9, 2026) – Canadians living with conditions such as cancer in remission, managed diabetes or a past cardiac event have often faced limited access to meaningful life insurance coverage, even as their health has improved over time. Foresters Financial™ is helping to change that. Through its Canada Protection Plan® line of simplified issue products, the organization has enhanced its A-Z Life Coverage application to widen eligibility, streamline the experience and help more people qualify for affordable no-medical life insurance. Canadians may now be eligible for up to $500,000 with day-one coverage.[1] “Even with a health diagnosis, the need for life insurance protection remains the same,” said Michael Aziz, Chief Distribution Officer, Canada, Foresters Financial. “These enhancements are about meeting people where they are. More Canadians who once assumed coverage was out of reach, or who settled for less than they needed, can now qualify for real, day-one protection for the people who depend on them.” What’s changed The enhanced A-Z Life Coverage application introduces expanded eligibility criteria and updated look-back periods across several key conditions. These updates...