Industry
The insurance industry is experiencing an exciting transformation, prompting technology adoption, especially digital connectivity, to rise to an all-time high. In fact, according to recent research from Accenture , 66% of insurance executives report that the pace of digital transformation for their organization is accelerating and 81% of insurance businesses and IT executives worldwide acknowledge […]
By Steve Whitelaw, SVP and General Manager, Applied Systems Canada | October 1, 2022
3 min read
In the insurance world, it’s often said that ‘water’ is the new ‘fire.’ And the new normal for annual catastrophic losses related to water damage is around $2 billion, according to the Insurance Bureau of Canada (IBC). But the problem is even more acute in high-rise construction projects, where it can be hard to pinpoint […]
By Northbridge Insurance | October 1, 2022
6 min read
Gas prices in Vancouver hit a new high of more than $2.39 a litre at some stations Thursday, blowing past the previous peak set this summer.
By The Canadian Press | September 30, 2022
2 min read
The COVID-19 pandemic has changed the business and risk landscape dramatically over the past couple of years and created a sense of urgency to spread risk knowledge and education, the new CEO of RIMS said in an interview with Canadian Underwriter. “As a business CEO, as a leader, I used to be able to make […]
By Jason Contant | September 29, 2022
New York's AG has launched a civil lawsuit against former U.S. president Donald Trump alleging financial and insurance fraud.
By Jason Contant | September 21, 2022
The annual inflation rate slowed to 7.0 per cent in August, Statistics Canada said Tuesday in its latest monthly consumer price index report.
By Jason Contant | September 20, 2022
Helen DiVito is the new executive global client advocate for Canada at WTW, a global advisory, broking, and solutions company.
By David Gambrill | September 15, 2022
1 min read
Inflation's a pain for consumers but it could help insurers produce better results as their bond portfolios see higher yields.
By Phil Porado | September 15, 2022
Canadian P&C companies should use data analytics for their talent acquisition strategies just as they do in other parts of the business.
By Jason Contant | September 15, 2022
4 min read
In a dispersed, hybrid workforce, fostering a shared sense of purpose to achieve company objectives will be among the many challenges facing Canada’s P&C insurance industry faces in a post-pandemic world. Promoting workplace engagement, inclusion, and empowerment will be critical for P&C industry employers moving forward in the world of hybrid offices, according to several […]
By David Gambrill | September 13, 2022
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