Insurable Interest Canadian Insurance Blog

Waterloo, ON (Apr. 1, 2026) – Equitable® is pleased to announce that its clients will now have access to enhanced bereavement support through a partnership with Empathy, the technology company transforming how the world plans for and navigates life’s most difficult moments. The partnership will offer timely information, helpful tools and compassionate support to people navigating a loss. Empathy Loss Support™ is a complimentary new benefit included with all Equitable life insurance policies. Through a user-friendly app or website experience, this benefit helps guide and support loved ones during a time of loss, reflecting the care and compassion at the heart of Equitable’s client experiences. “We’re partnering with Empathy because we care deeply about our clients and their families. Losing a loved one can be overwhelming,” says Martin Reeves, Executive Vice-President, Individual Insurance Division at Equitable. “Through Empathy, we’re adding value for our clients. Our hope is that we can provide some comfort and support for whatever people may be facing through one of the most difficult times in their lives.” Empathy Loss Support is now included with all Equitable life insurance policies and is available at no extra cost. This benefit can help with the emotional, practical and logistical...

Canadian Broker Network Welcomes its Newest Member Toronto, ON (Apr. 14, 2026) – CBN, the exclusive peer advisory group for high-performing brokers in Canada, is pleased to announce the addition of Coughlin Insurance Brokers (Winnipeg, MB) and Ontario West Insurance Brokers (London, ON), further strengthening its national network of leading independent brokerages. “Aligning our brokerage with CBN will allow us to continue to grow, share insights, and learn best practices alongside other leading independent brokers,” says Matthew Coughlin, President & CEO of Coughlin Insurance Brokers. “We’ve built strong momentum across our business, and joining CBN felt like a natural fit as we continue to expand.” “We see strong value in being in the room with like‑minded peers to work through challenges together and learn from solutions others have already implemented,” says Traci Boland, Partner at Ontario West Insurance Brokers. “At the same time, we look forward to contributing our own experience and insights to the CBN community.” “We’re very pleased to welcome Coughlin Insurance Brokers and Ontario West Insurance Brokers,” says Lorie Phair, President of CBN. “By joining CBN, members gain access to a trusted environment where high‑performing brokers can openly share ideas, challenge perspectives, and support collective growth and...

Quebec City, QC (Mar. 2, 2026) – Acturis Canada is proud to announce that Soplex Solutions d’Assurance, a respected Quebec-based MGA, has officially transitioned to the Acturis Canada platform as of February 2, 2026. Founded in 2009 and headquartered in Quebec City, Soplex Solutions d’Assurance, part of the Synex Group, is an MGA focused on advisory services and long‑term client relationships. Serving both commercial and personal clients, the firm focuses on delivering personalized insurance solutions supported by a philosophy rooted in expertise, innovation, and a client‑first approach. As part of its ongoing commitment to operational excellence, Soplex undertook a significant modernization initiative by transitioning from the legacy system Applied TAM to Acturis. This move underscores the MGA’s dedication to enhancing efficiency, strengthening digital capabilities, and ensuring the scalability needed to support future growth. Throughout the implementation, the firm prioritized streamlined workflows, accurate data migration, and preparing its teams for the enhanced digital environment. With the transition now complete, Soplex has successfully onboarded approximately 50 users onto the modernized Acturis platform. This upgrade positions the firm to continue delivering high‑quality, reliable service while supporting its long‑term strategic vision and expanding client needs. “We are very pleased with the Acturis implementation process,”...

Gartner Predicts “Death by AI” Legal Claims Will Exceed 2,000 Worldwide by End of 2026 Stamford, CT (Apr. 2, 2026) – General Counsel (GC) must consider new AI insurance offerings as part of their strategy to stay on top of their organization’s exposure to AI-related risks, according to Gartner, Inc., a business and technology insights company. “As AI incidents surge and insurers increasingly add AI exclusions to traditional policies, companies face growing exposure to legal, financial and regulatory fallout from algorithmic failures,” said Alissa Lugo, Senior Director Analyst in the Gartner Legal & Compliance Practice. “GC should be evaluating a new wave of ‘affirmative AI insurance’ offerings that provide targeted coverage for risks, such as hallucinations, bias, IP infringement and safety failures.” Gartner analysts advise that if organizations are to broaden AI adoption in a responsible way, legal leaders must develop a clear understanding of the financial, operational and legal implications of dedicated AI insurance, including its costs, benefits and coverage terms (see Figure 1). Figure 1: Benefits and Risks of Affirmative AI Insurance Source: Gartner (April 2026) “Currently, AI risk is not sufficiently addressed through the combination of internal risk management practices and traditional business owners’ insurance policies, which...