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YBNL 2018 Golf Tournament

posted on May 1, 2018
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Please join us on June 14 at Bally Haly Country Club for our 2018 golf tournament. Day will begin at 1:00pm with a shotgun start and will finish with dinner. Registration includes BOTH golf and dinner.

 

WHEN: June 14, 2018

WHERE: Bally Haley Country Club, 100 Logy Bay Road, St. John's NL

TIME: Registration: 12:30pm, shotgun start at 1:00pm

 

For more information on club & cart rentals, please visit http://www.ballyhaly.com/

Please note: We will accept substitutions, but will not offer refunds.

To Register : CLICK HERE

Coffee & Conversation - Contract Surety Bonding 101

posted on April 23, 2018
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We are happy to be holding a Coffee & Conversation session on May 16 in partnership with the Insurance Institute of Nova Scotia. The topic for the session is : Contract Surety Bonding 101

Are you someone who deals with contractors on a day to day basis? This seminar will help insurance professionals deal with questions that can arise involving surety and be better prepared when looking to secure business partnerships with contracting firms.

Designed to give a basic understanding of the differences between Surety and Insurance and the underwriting requirements for new and existing surety accounts, this presentation will discuss the following points:


 What is Surety?

 Types of Bonds

 Construction Timeline

 Submission Requirements

 Underwriting Considerations

 

 

Speaker: Doug Wilson, CIP – Sovereign General Insurance

Doug is the Contract Surety Manager for Atlantic Canada. Prior to joining Sovereign, his 30 years experience in the industry included The Guarantee Company of North America, Zurich Insurance and Canadian Surety. He is a past CIP instructor for the Insurance Institute of NS teaching Principles & Practice of Insurance of Surety Bond courses.

 

To register, please CLICK HERE

You can join the session via webinar ( $40+HST )

 

 

 

IBAN Pleased with Reduction of Retail Sales Tax

posted on March 29, 2018

 

 St. John’s, NL – The Insurance Brokers Association of Newfoundland (IBAN) is pleased with the governments decision to reduce the retail sales tax on auto premiums.

IBAN realizes that drivers in the province face some of the highest rates in the Atlantic Region and this measure is just one way to make auto insurance more affordable. IBAN is also in support of the work being done by government is addressing auto insurance through the review process.

 “The governments decision to cut the current 15% tax on automobile insurance by 2% as of January 1, 2019 and to make further reductions of one percent a year for the next three years will be beneficial for drivers and provides a positive step in helping to stabilize the insurance market in Newfoundland,” says Kent Rowe, Chairman of IBAN.

Brokers are keenly aware of the challenges faced by consumers in Newfoundland and Labrador’s auto insurance market. IBAN’s priority is to ensure that consumers have access to choice for their insurance needs. We advocate for a product that provides competitive rates in conjunction with fair and adequate coverage depending on the consumer’s individual requirements. 

IBAN Gives Back

posted on March 28, 2018
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IBAN President, Jason Sharpe delivered bipper blankets to Daffodil Place, which helps support those with cancer and their caregivers, who must travel to St. John's for care. We hope these blankets provide some comfort to those who need it most.

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