Insurance Business ReviewDECEMBER 20256Copyright © 2025 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRaven Mcguire*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaAlex D'Souza Abhinov PunnakkalJoshua ParkerSarah FernandesEditorialRaven McguireManaging Editoreditor@insurancebusinessreview.comThe Canadian commercial insurance brokerage market in 2025 has navigated a dynamic year shaped by economic recalibration, climate volatility and digital transformation. As the cost of capital remained high and mid-sized enterprises reassessed risk portfolios, brokers played a critical advisory role, helping clients balance affordability with protection in a tightening underwriting environment. Catastrophic weather events, cyber-attacks and the growing complexity of supply chains further highlight the need for tailored risk strategies rather than one-size-fits-all products.Brokers faced formidable challenges, including pricing pressures, regulatory scrutiny, and the dual demands of automation and human expertise. Yet the most successful firms responded with agility. They leveraged advanced analytics, AI-driven underwriting tools and data integration platforms to enhance client insight and response times, while doubling down on consultative service models that restored confidence amid uncertainty.As 2026 approaches, commercial insurance intermediaries are charting a forward course focused on resilience and innovation. The coming year will test their ability to harness predictive data, strengthen ESG-aligned risk frameworks and deepen collaboration across insurers, reinsurers and clients. Those that continue blending digital agility with trusted guidance stand poised to define Canada's next era of brokerage excellence.In this edition, we feature some of the most influential figures in the market, including Roy Hock, Director of Risk Finance and Casualty Insurance at Valero Energy Corporation and Kimberly Clifford, Director of Claims Management at EMCOR Group, Inc. They share their insights on the challenges and opportunities shaping Canada's commercial insurance brokerage landscape. We hope their insights help you make better and more data-driven business decisions.Let us know your thoughts!Shaping Canada's Commercial Insurance LandscapeVisualizersMichael WayneChris LynnDECEMBER 2025, Vol 04 Issue 19 (ISSN 2837-1763) ValleyMedia, Inc. To subscribe to Insurance Business ReviewVisit www.insurancebusinessreview.com Email:sales@insurancebusinessreview.comeditor@insurancebusinessreview.commarketing@insurancebusinessreview.comCANADA
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