Applied Systems investigated over alleged anti-competitive conduct
The Canadian Competition Bureau has gained a court order to progress a civil investigation into alleged anti-competitive conduct by Applied Systems and its affiliates.
The Federal Court of Canada granted the order on 14 November and it requires Applied Systems Canada to supply records and written information that are relevant to the investigation.
Currently, there is no conclusion of wrongdoings.
The Bureau will look into if Applied Systems Canada is participating in conduct contrary to the restrictive trade practices provisions of the Competition Act which includes the abuse of dominance provision.
Related Applied approaching 100 Epic milestoneOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Q&A: Pen’s Nick Wright
Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength” as he forecasts casualties in the space in the next few
McCafferty leaves chair role at BDH
Brendan McCafferty has left Top 100 Broker BDH, Insurance Age can reveal, with the business confirming it was an ‘amicable’ departure and there are no plans to replace the now former chair.
Axa updates two products
Axa UK Commercial has made enhancements to its offices and surgeries, and digital mini fleet products.
Aviva responds to Direct Line’s £10.6m fine
Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.
PRA fines Direct Line underwriter £10.6m
The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.
Aon leader Kus named new chair of Liiba
Tracy-Lee Kus, CEO of Aon’s global broking centre, has been appointed chair of the London and International Insurance Brokers’ Association succeeding Howden’s Andy Bragoli.
Sabre ‘all in’ on broker support as CEO Carter eyes growth after profit boost in 2025
Sabre is ready to grow with brokers as the provider promised the sector it “can rely on us to provide competitive prices through our part of the market through this year’” CEO Geoff Carter told Insurance Age.
JMG recruits Cunis from Gallagher to lead on private clients
Andrew Cunis has left Gallagher to join JMG Group in May as CEO of private clients, Insurance Age can reveal.