Economical reaffirms support for brokers through sponsorship of MSA

Insurer says it will continue to support the broker channel as the industry is impacted by disruptors

Economical reaffirms support for brokers through sponsorship of MSA

Insurance News

By Lyle Adriano

Reconfirming its commitment to the broker channel, Economical Insurance has renewed its title sponsorship of MSA Quarterly Outlook Reports.

The MSA Quarterly Outlook Reports provide summarized financial results for insurers, as well as research pieces on insurance industry trends. MSA Research, the producer of the quarterly reports, is one of Canada’s leading providers of insurance analytics.

“At a time when our industry is impacted by climate change, increased consolidation, technological innovation, and changing customer expectations, we believe now more than ever in sharing MSA’s industry data and insights with our broker partners to ensure they have all the information they need to succeed,” Economical chief distribution officer Tom Reikman said in a release.

“We are delighted that Economical has reaffirmed its support for this initiative coast-to-coast providing members of IBAO, IBAA, IBAM, IBANB, RCCAQ, IBABC, IBAS, IBANS, IBAN and IBAPEI with MSA’s quarterly outlook reports and to be ‘in’ on the latest analysis, trends and developments affecting the markets in which they operate,” added MSA Research CEO Joel Baker.

The sponsorship renewal was met with praise by the broker community.

“We very much appreciate Economical’s strong support for the broker channel,” commented Insurance Brokers Association of Canada (IBAC) CEO Peter Braid. “Their renewed sponsorship for MSA’s research products ensures that brokers will continue to have access to valuable industry data and analysis that assists them in providing expert advice, choice, and advocacy for their clients.”

MSA’s first report following the renewed sponsorship will be distributed later this month.

 

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