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Insights that deliver the goods
October 14, 2020
International Centre, Mississauga, Ontario
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CANADA’S SUPPLY CHAIN MAGAZINE
Canada’s’s Largest IInventory off New and Used Trucks and Traiillers
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IBC sets up task force to
tackle soaring commercial
premiums
The Insurance Bureau of Canada (IBC)
has established a task force to exam-
ine how rising commercial premiums
is impacting Canadian companies and consumers.
The National Commercial Task Force will bring together insurers, brokers, chambers of commerce, small businesses, trucking stakeholders and risk experts to examine the impacts of the hardening global market.
The task force will develop recommendations to help keep insurance affordable and available across the country.
It will also examine ways to help consumers mitigate risk and manage costs. The report is due this fall.
The Canadian Trucking Alliance is a key member of the task force.
“This is an opportunity to explore with the insurance indus- try what changes the membership would like to see in the area of commercial insurance.”
In preparation for this process, CTA said, it has begun sur- veying its membership on potential areas for improvement they would like to see in commercial insurance.
IBC is the national industry association representing Canada’s private home, auto and business insurers.
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