show episodes
 
Host James Ferreira breaks down everything insurance-related in Canada. From expert advice on coverages for all types of insurance needs to hot topics in the industry and related insurance markets including real estate, mortgages, finance, and automotive industries, and most importantly; special guest appearances, The Broker Breakdown will bring entertainment and education to the world of insurance.
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show series
 
April our lives were taken over by this Eclipse everyone was talking about but another eclipse we were not talking about was the eclipse over the economy we have seen over the past few years. With the increasing cost of everything in our lives right now, Alex sits down with us this month and goes over the trajectory of the mortgage world and what h…
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Affordability is a hot topic ending 2023 and continues to be a major talking point into the first quarter of 2024. From the auto industry to insurance, real estate, and grocery stores, we are seeing the affordability of everyday life diminish more and more. Kim Pham returns this month and discusses some of the issues in her industry, Automotive, an…
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One of my favourite sayings as of late has been "evolve or be left behind" and I think that speaks true to many things we are seeing transpire across many industries over the past few years. Real Estate has been one of those industries going through the rollercoaster of change over the past few years and we continue to see changes as we start 2024.…
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2023 was a rollercoaster year for real estate across Canada and most of the world but with 2024 here, will we see the same thing continue into the New Year or will we see the complete opposite happen as interest rates look to cool off and more pressure from governments may lower the real estate market. Donald Porter and his team Porter & Associates…
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The automotive industry has forever been changed since the pandemic years, some for the good and some for the bad. However, with our most listened guest returning, Doug Bricknell gives a market update on what we have seen since the start of 2023 and what we may see moving into 2024. EVs have become more popular than ever, Hybrids have also become t…
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Mortgage rates have been the talk of the town over the past few years and seems like it will continue into 2024. However, the cost of living is ever-increasing for many Canadians and we all really want to know, "When is the best time for me to purchase a home"? Now the answer is never going to be the same for one person, but having an expert you ca…
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One of the biggest talking points across Canada and especially in Ontario this year has been the demand for new homes and where the land will come from to build these new homes. In this episode, we have Steve Zahnd from Zahnd Realty joining us to talk about the struggles of building new homes from acquiring the land, building permits, increasing ti…
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It has been quite an eventful summer with interest rates across Canada continuing to be the talk of the town. Mortgage rates are rising, vehicle loan rates are rising and Canadians are getting closer and closer to the breaking point. Affordability continues to be a significant concern for many individuals across Canada and the biggest question is "…
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Mergers & acquisitions happen in many industries, but recently we have seen this become a hot topic in the insurance industry. With this becoming an ever-growing tactic to help expand growth for a company, we wanted to make an episode reviewing some things from the broker and consumer sides you should look out for. This is a perfect time to schedul…
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Customer service is a massive element of the insurance industry and most service industries worldwide. However, a lot has tested that trait over the last few years and we wanted to bring to light more about customer service and some realistic timelines our industry is facing. From broker wait times to processing times from insurance companies, staf…
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Stumbling across a recent article on Canadian Underwriter got us thinking, will auto-claim payments change soon? During this episode, we discussed the pros and cons of what may change moving forward, including increasing cost and wait times on parts, rental car availability and prices, new and used vehicle availability, and more. With vehicles bein…
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Building a new home is super exciting and with that excitement, sometimes consumers may forget that there is specific insurance that goes along with building or renovating your home. Builder's Risk insurance is vital to any ground-up construction or renovation project you may have. From liability coverage to building and material coverage, Builder'…
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The summer weather has been fantastic so far this year and boaters are loving these conditions we are seeing. Boat insurance and other watercraft are an enormous talking point during this time of year as more people are on the water, either fishing, jet skiing, water skiing, or just lounging on their pontoons. This week really focuses on the genera…
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The insurance renewal is such a crucial part of the insurance experience not only from the broker side but the consumer side as well. As a broker, there are processes in which we take to make sure renewals are reviewed for accuracy and possible changes we may have from the year prior. From the consumer side, it is always important to take a few min…
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Summer is off to a hot start in Canada. With these extreme temperatures and the lack of rain in many parts of the country, forest fires have had the perfect environment to grow and expand across multiple provinces. Last week we saw the smoke drifts in the southern parts of Ontario and many Americans also saw the impacts of the raging fires north of…
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The real estate market has been one of the most unstable markets during the last few years and 2023 has only brought more change to that equation. This week we wanted to do an update episode as we are halfway through 2023, to update listeners on what is going on in the home market for buyers and sellers and how the insurance market is also changing…
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Can you believe it, 2023 is already half over! A lot has already happened in 2023 but we wanted to make an update episode on the landscape of buying vehicles in Canada and how that has changed since the start of the year and what to look forward to going into the later parts of 2023. From coverages to new norms, consumers are having to deal with, 2…
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Editora contribuyente del LAP Verónica Silva acompaña el podcast para conversar sobre su nuevo número para Marzo 2023: "El Estado y la Acumulación de Capital en México." Los temas discutido incluyen el proceso histórico del neoliberalismo y sus efectos en las políticas, la sociedad, y la económia de México. Además, conversamos sobre la presidencia …
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LAP contributing editors James N. Green and Tulio Ferreira join the podcast to discuss the January 2023 LAP issue "Brazil Under Bolsonaro: Social, Political, and Economic Impacts in the Country and in Latin America." Topics covered include the causes, consequences, and tragedies of Jair Bolsonaro's presidency, the political history of the far-right…
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Can you believe it, we are already almost halfway through 2023 and there has been a lot of change so far in many industries, including insurance. Every consumer wants to know what is going on with their policies and the possible increases they are seeing and in this episode, we dive a little deeper into what we have seen since the start of 2023 and…
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It has been a few months since we did our first episode on car thefts and with the recent announcements from the Ontario Government and many insurance companies in Ontario, we thought it would be the perfect opportunity to release an updated video on car thefts in Ontario. Car thefts across Canada totaled over 1 billion dollars in 2022 and will con…
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To celebrate our 1 Year Anniversary since our first episode, we have Donald Porter on The Broker Breakdown to discuss the real estate market and his journey since his start. Mike was in sunny Florida during the recording so James & Donald talked all about Donald's journey since his start in real estate, things he had learned during that time and wh…
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We are back from our 1-week break and this week, we have Brayden Roszl from Subaru of Niagara on to talk about the auto industry and his role in customer service in 2023. Brayden and your hosts, James & Mike talked about the auto industry and how that is progressing through the ever changes it has seen since the pandemic, but most importantly Brayd…
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Spring is here and we have already been spoiled with the warm weather, which means one thing: motorcycles are back. As the weather starts heating up, riders are anxiously awaiting the day their bike can hit the road again and we were prepared to share some tips for riding season. From insurance coverages to safety tips, this week is fully focused o…
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Claims are an unavoidable part of the insurance industry, but it does not have to be all doom and gloom when it comes to initiating a claim and going through the steps of a claim. James & Mike discuss some tips on what you should do during a claim and how claims can impact your insurance in the short and long term. No one ever wants to have a claim…
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Home Insurance is a pretty straightforward process when purchasing a new product, however, the occupancy of that home can alter the type of insurance you place on that property. This week we discuss the differences between some home insurance products including, Student Rentals, Short Term Rentals like AirBnB and Vrbo, Vacant & Under Construction P…
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Technology has done great things for many industries, however, we tend to forget that there are behind the scene processes and procedures when it comes to every industry, including insurance. James & Mike review the process that goes on behind the scenes of insurance from start to finish and some elements that each one of them uses during their int…
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Alex Leite from Tried & True Mortgages joins The Broker Breakdown this week and discusses some critical topics going into the busy springtime for home buyers and sellers. With the market starting to cool off and mortgage rates not changing at this given moment, Alex, James & Mike review how that impacts clients in the present and how specific trick…
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Spring is right around the corner, so it is time to start preparing your insurance for it. There are several things to prepare for the warmer weather, including water prevention tips for your home, to getting that summer car ready for the road. All these tips and more will have you and your insurance ready for the warmer weather to come.…
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Commercial Auto insurance has seen a lot of changes in recent years with apps like Uber and Turo being created for consumers to add their vehicles to services like transportation, food delivery, and rental cars. James & Mike dive into general topics of commercial auto insurance before digging deeper into the topics of new technologies and services …
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Investment properties have continued to grow in popularity with the strength of the real estate market in the last couple of years. Both a landlord and a tenant have different responsibilities when it comes to owning or living in a home, and some even overlap in ways. Knowing what role you play is critical to understanding how you insure these risk…
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We all love saving money and this episode is about helping clients save money on their insurance. James & Mike review discount opportunities on both the Auto & Home insurance side from Winter Tires, and new technology with Driving Apps, to Mortgage Free discounts and New Home discounts. Knowing what you qualify for as a client is always important b…
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We all love adding a touch of our personality to our cars whether it be some fuzzy dice on the interior or those brand-new rims on the exterior. However, many consumers do not consider if these modifications will impact our insurance. James & Mike discuss the difference between appearance & performance modifications that are commonly made to vehicl…
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Kim Pham from Forest City Mazda joins James & Mike and discusses her journey in the auto industry and what has led her to her success so far. Kim shares some new plans for Mazda coming in 2023 and beyond, while also discussing some social media tips and tricks she has found to be successful during her time as a sales representative in the auto indu…
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The insurance market has been through its ups and downs over the last few years and 2023 will be no exception to that. Professionals in the industry have known about being in this "Hard Market" for a number of years now, but some experts are suggesting this is going to slowly change and we will see a more stable market soon. James & Mike go over th…
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Accidents are accidents, but how do claims and lawsuits impact the insurance industry? James & Mike dive into the recent commercial accidents seen across Canada in the last 6-12 months and how these will and can potentially impact the insurance industry as a whole. They also point out some key coverages to look out for and questions that should be …
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Special guest Doug Bricknell of Wayne Pitman Ford discusses some unique buying opportunities for consumers in the last few years. James & Mike also dive into the revolution of EVs from Ford, including the first EV truck to the mainstream market, and how they see the insurance industry moving with more and more EV vehicles on the road.…
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2023 is here and so is Season 2 of The Broker Breakdown. James & Mike have a lot in store for season 2, with more content to help clients guide their way through the insurance world, more special guests to better educate clients on what is going on in the market, and an overview of some of the goals for the podcast moving into 2023. We are super ex…
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In the final episode of 2022, James & Mike discuss some topics that are likely to continue into 2023 or become more popular in the new year. From continued increases by many insurance companies to the creation or change in coverage due to weather and claims, 2023 will be an exciting year for the insurance industry.…
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2022 has definitely been a challenging year for businesses as they all alter their ways of operating coming out of the pandemic. Moving into 2023, many companies have already confirmed their desire to scale back their workforce as processes are automated or eliminated totally. James & Mike discuss this week how those trickle-down effects might find…
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Commercial insurance continues to be part of the insurance industry that many consumers have issues understanding and finding a broker that understands how to protect businesses. James & Mike discuss general insurance knowledge for business owners and what they should look for when exploring their insurance needs. From General Liability to Errors &…
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Alexander Scott speaks with anthropologist and LAP contributing editor Adrienne Pine to discuss her recent double issue of LAP titled Social Struggle in Neoliberal Central America which was recently released in November of 2022. Topics covered include neoliberalism and the political-economic roots of violence and conflict in Central America, critic…
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James & Mike tackle the ever-lingering issue of insurance fraud and scams in the industry. From the targets of "planned accidents", especially those from tow truck drivers and body shops, to some consumer-based fraudulent actions seen in the industry, James & Mike review some things to avoid at all costs and how fraud and scams impact not only thos…
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The risk of car theft has continued to increase throughout Canada in 2022 and shocking to some, Canada has one of the world's highest car theft rates per capita. Mike & James sit down to chat about some of the trends within the market pertaining to car thefts in Canada, giving some information focused on the insurance side of car thefts and some wa…
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Should I buy a New or Used vehicle? That is a common question that Mike & James see every day, especially in the market we are currently in with a shortage in vehicles both on the new and used side of the industry, increasing financing rates on vehicles and tying this all back into how it impacts your insurance. From the coverages that differ betwe…
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The time of year has come and travelers are trying to escape the colder weather in Canada and migrate to their summer destinations for the winter. James & Mike discuss some common things to look for on your Auto Insurance and then some tips about leaving a property while on vacation and some things to be aware of if you are gone for an extended per…
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