FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

APEXA: Membership growing despite hurdles

By Alain Thériault | April 28, 2021, 10:55 a.m.

Photo: Freepik | Vectorarte

APEXA is still gaining members, but many MGAs worry about the mounting costs of enrolling life and health insurance advisors in the Canada-wide digital platform.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Life Insurance

Whole life sales drove growth in the life insurance market in 2023

Agent’s license suspended for failing to respond to audit

Life insurance application activity picks up in March

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Insurers boosted by simplified issue insurance sales

Insurer divests U.S. business to focus on Canada

Quebec flood zone map raises concerns even before its release

Related topics …

AFL

Biologics weigh on group plans

10 notable acquisitions from 2021

IDC Worldsource acquires AFL Financial Group

Synex acquires another group insurance firm

APEXA

A veteran of the Client Management Software industry returns

MIB acquiring the APEXA compliance platform

Managing general agents navigate multiple challenges

MGAs owned by insurers say independence continues to be valued

AURREA SIGNATURE

Christian Laroche stepping down from helm of IDC Worldsource Quebec

Humania appoints new President and CEO

Consolidation now targeting small firms and blocks of business

Insurance for high net worth clients regains momentum despite social distancing

AUTORITÉ DES MARCHÉS FINANCIERS (AMF)

Regulatory organization appoints new Chair

Seg funds: Regulators agree with charge back but in a tightened manner

Advisor support: The key to critical illness sales

Council of insurance regulators appoints new executive committee members

BLUESUN

Acquired by Roper, iPipeline plans to continue Canadian expansion

Bluesun acquired by iPipeline

Compliance demands boost the insurance software market

CANADA LIFE

Great-West's earnings down by 24 per cent in 2023

Overhead expense insurance to prevent business disruption

Buy-sell insurance: A safeguard in tough times

Leadership change for Canada Life's Canadian operations: Jeff Macoun to retire

COPOLOFF

10 major transactions from 2020

IDC Worldsource acquires Copoloff

The independent distribution channel loses a founding pillar: Sid Copoloff

EMPIRE LIFE

One-third of Canadians have little or no life insurance

Empire Life posts net income of $156 million for 2023

Segregated funds and annuities: Two products for life

Annuities boosted by interest rates

FINANCIAL HORIZONS GROUP

Managing General Agency bets on share ownership to win advisors

Regulator refuses license to agent who maintained policies for 70 fictitious clients

License revoked for employing unlicensed and previously sanctioned representative

David Stewart assumes new leadership role at Canada Life

GROUPE CLOUTIER

Advisor makes her mark in planned giving insurance

Employment Insurance sickness benefit period increasing

Disability insurance: How do 16 products from seven providers stack up?

Advisors need ESG training

HUB

Hub acquires Ontario-based firm

AGA Benefit Solutions has a new majority shareholder

Desjardins expands Quebec distribution through managing general agency

HUB makes acquisition in Ontario

IA FINANCIAL GROUP

Insurers boosted by simplified issue insurance sales

iA Financial acquires Laurentian Bank’s full-service brokerage division

Commercial real estate adversely affects insurers’ 2023 financial results

iA Financial Group’s earnings up 149 per cent in 2023

IDC WORLDSOURCE INSURANCE NETWORK

Desjardins’ insurance surplus earnings up 286 per cent in 2023

Industry association attracts 18 new members

Desjardins’ income falls 24 per cent in first quarter

Phil Marsillo calls on MGAs to mobilize

MANULIFE

Insurers pushing their limits in accelerated underwriting

Manulife reinsures $5.8 billion of reserves for block of universal life business

Water risks are an opportunity for investors

Firm warns that rising rates won’t help defined benefit plans forever

PPI

Sam Albanese: A leader who will be missed

PPI appoints new president

AGA Benefit Solutions acquires Vancouver firm

AGA acquires Ontario group insurance provider

QUALIFIED FINANCIAL SERVICES (QFS)

Cuddy to leave Qualified Financial Services

BMO Insurance executive moves to QFS

Kevin Cott changing roles at QFS

SUN LIFE FINANCIAL

Insurers coordinate to execute annuity buy-out deal for Ford of Canada

Sun Life earnings up 11 per cent in 2023

BMO Insurance considers higher profile going forward

Several new developments in permanent life insurance

CANADIAN ASSOCIATION OF INDEPENDENT LIFE BROKERAGE AGENCIES (CAILBA)

Empire Life acquires six firms and forms new managing general agency

Terri Botosan wins 2021 Alexander S. Melvin Award

Deadlines approach for industry awards nominations

Life Happens taps Jim Ruta to promote importance of life insurance in Canada

SYNEX

Tips for increasing your firm’s value

Synex acquires equity stake in firm specializing in businesses

Synex acquires JDF Services Financiers

Synex acquires major broker in Centre-du-Québec

MICA

Tax authorities harden their stance

Quebec life insurance distributors stand united in opposition to direct Internet sales

More Than 330 Submissions to Quebec’s Distribution Legislation review

CDPSF Asks Quebec to Postpone Changes to Bill 188

LOGiQ3

RGAx to buy LOGiQ3 Group

LOGiQ3 and Seneca offer education program for life underwriters

Insurance lab to launch in Toronto

LOGiQ3 will provide admin support to CLIEIDIS

IPIPELINE

Smart e-apps revamping the industry

CGI

The Desjardins case: a $150 million tab

Agreement lets National Bank provide trade finance services digitally on blockchain

Competition heats up in group market

Desjardins’ objective: to double market share outside of Quebec by 2008

Technology

Embracing artificial intelligence is crucial for industry

Insurers warned that technology experimentation is needed to reap benefits

Rep fined for selling personal cryptocurrency assets to clients

Insurance and collision repair industries being reshaped in the United States

Magazine supplement

Artificial intelligence to combat underinsurance

Impaired driving: Surprises at the emergency room

Insurance poised for significant growth... among the wealthiest

Withdrawals choices can mitigate taxes