Insurable Interest Canadian Insurance Blog

Revau Advanced Underwriting, Brazos Specialty Risk Insurance, and Twenty Mile Insurance Services Join Forces, Enabling Strategic Expansion Across North America Transformational merger broadens Revau’s footprint into the United States, adds market-leading trucking and construction capabilities, and positions the combined group for accelerated growth Montreal, QC (May 19, 2025) – Revau, a leading Canadian managing general agent (MGA) specializing in property and casualty insurance, is pleased to announce its strategic partnership with Brazos Specialty Risk Insurance and Twenty Mile Insurance Services, two independent, Texas-based MGAs. The transaction significantly expands Revau’s presence and operational capabilities in the United States, firmly positioning the combined company as a pre-eminent player in the specialty-insurance market across North America. Brazos, a distinguished provider of specialty trucking insurance, and Twenty Mile, a specialist in construction-focused liability solutions, bring extensive market reach and deep industry expertise to Revau’s growing platform. In return, Revau contributes advanced data-analytics capabilities, a robust capital base, and an industry leading digital infrastructure—giving the combined group the capacity to deliver tailored products and services to brokers, carriers, and insureds across the continent. By pairing Brazos and Twenty Mile’s data-rich underwriting infrastructure with Revau’s advanced analytics platform, the combined group will command an end-to-end data...

Toronto, ON (May 21, 2025) – QuickFacts is pleased to announce it has expanded its Comparisons product with a brand new Commercial Product Line, a new offering designed to help commercial brokers easily access critical documents in one centralized location. Kicking off with information of over 40 carriers and over 12,119 assets uploaded (including more than 3,050 forms made fillable), QuickFacts’ new Commercial product line eliminates the frustration of searching multiple carrier portals. After 8 months of work preparing for this launch, QuickFacts has demonstrated a commitment to improving broker efficiency in the commercial insurance space. “We know that finding the right documents, especially commercial wordings and applications, can be enormous for brokers,” said Christy Barsalou, President and CEO of QuickFacts. “Many carrier portals are difficult to navigate, often lacking search functionality, making it time-consuming to locate the right forms. With Commercial Comparisons, brokers now have instant access to a comprehensive, searchable database that simplifies their workflows and improves client service.” QuickFacts Commercial is designed as an all-in-one document hub where brokers can find and download: Manuals, wordings, endorsements, applications, and forms Jobaids and rate calculators Fillable PDFs with form numbers for quick reference Plus, brokers will soon have access...

11% increase recorded in take-up of premium product offering Flight Disruption cover as standard 21% increase in average policy premium since including Flight Disruption assistance in higher tier products Cork, Ireland (May 21, 2025) – In October 2023, MAWDY – a global insurance, reinsurance and services company and part of the MAPFRE Group entered into a collaboration with Blink Parametric. The partnership set out to explore the expansion of parametric travel insurance solutions across the global MAWDY assistance product portfolio. Covering segments of the direct book of the Irish unit of MAWDY initially, the Blink Parametric flight disruption solution rollout expanded across the brand network from January 2024, making the solution accessible to single-trip and annual multi-trip travel insurance customers who purchase either a platinum or gold policy directly via online insurance intermediaries including InsureandGo Ireland and Chill. The benefit activates when a policyholder’s flight is disrupted by more than three hours, with an automated notification and offer of assistance options, including real-time access to one of 1,300+ executive airport lounges worldwide or a real-time cash payout alternative. The Study outlines impactful commercial outcomes and reports on a rich resource of new data on customer behavioural activity during the period...