Industry
LexisNexis Risk Solutions has created a new cross-industry network to help provide organizations with resources and intel to combat fraud. The Fraud Defense Network was launched as part of Fraud Awareness Week in the U.S., the data and analytics firm said Monday. The goal of the new network is to share intelligence among various industries, […]
By Canadian Underwriter | November 17, 2014
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BRUSSELS, Belgium – Red Cross officials helping to lead the fight against Ebola in West Africa said Monday the virus is still spreading, and they’re having trouble recruiting health care workers to combat it. Antoine Petitbon of the French Red Cross said that it’s easier for him to recruit people to go to Iraq, despite […]
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The Centre for Study of Insurance Operations (CSIO) announced Friday that Janet Rodger, vice president of National Operations and PMO at RSA Canada has been appointed to its board of directors. “We are very pleased to welcome Janet to the CSIO board,” Steve Whitelaw, the board’s chairman and vice president of Business Solutions at Travelers Canada, […]
By Canadian Underwriter | November 14, 2014
As technological change sweeps the insurance industry in Canada, companies will have to “become more sophisticated or get out of town,” one CEO says. The force of product sophistication and segmentation in the industry may cause some companies to either go the niche market route or to “opt out” and sell to a company that […]
By Canadian Underwriter | November 13, 2014
Wawanesa Insurance has achieved CSIO Certification for its eDocs solution, the Centre for the Study of Insurance Operations said Thursday. “Wawanesa Insurance is excited to have received certification from CSIO for our eDocs program, which is currently in use in approximately 600 of our brokers’ offices across Canada. We expect more brokers to get on […]
There is pressure to innovate in today’s fast-paced and changing insurance environment and insurers are responding by focusing their investments in technology on modernizing core systems, notes a research report released Wednesday by Strategy Meets Action (SMA). The report, Innovation in Insurance: Expanding Focus and Growing Momentum, highlights the continued progress in and around innovation […]
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Global insurance brokerage Hub International Ltd. announced Wednesday the launch of its Hub Entertainment Industry Solutions practice, which will provide risk management and insurance services for the entertainment industry including film, television, music, theatre, video gaming, business management, venues and high-risk live events. The practice will provide specialized industry coverage solutions for performances, professionals, events and […]
By Canadian Underwriter | November 12, 2014
WASHINGTON – More than a million small drone aircraft have been sold in the past few years, and a growing number of them are turning up in the skies near airports and airliners, posing a risk of collision. Reports of drone sightings near other planes, helicopters and airfields are reaching the government almost daily, say […]
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Kiln and Tokio Marine Europe have formally rebranded as Tokio Marine Kiln, an international specialist and corporate insurance provider. The newly-combined business, formed in January this year, is now headquartered in London. Tokio Millennium Re (UK) Ltd, a Tokio Marine Group subsidiary company which has an operation in London, is not affected by this change and […]
Financial institutions and people using wireless devices running Google Inc.’s Android operating system will continue to be attractive targets for cybercriminals, computer security vendor Trend Micro Inc. suggested in a recent report. In the report, The Invisible Becomes Visible: Trend Micro Security Predictions for 2015 and Beyond, Tokyo-based Trend Micro referred to several recent privacy […]
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