Industry
Seven midsize vehicles earned the top rating in a new insurance industry test of high-tech safety features designed to prevent front-end collisions. The Cadillac ATS and SRX, Subaru Legacy and Outback, Mercedes C-Class and Volvo S60 and XC60 won “superior” ratings in tests by the Insurance Institute for Highway Safety. The institute tested 74 midsize […]
By Canadian Underwriter | September 27, 2013
2 min read
Quindell Portfolio plc, a consultancy, software and outsourcing firm active in the insurance and claims industry, has agreed to a 26% investment in PT Health, a provider of healthcare and rehabilitation services with over 100 physiotherapy and rehabilitation clinics across Canada. U.K.-based Quindell, which recently partnered with Canadian brokers on a telematics program, has also […]
By Canadian Underwriter | September 26, 2013
The CIP Society recently named its five National Leadership Award honourees for 2013. Those honoured as established leaders are Ginny Bannerman, vice president finance west at Intact Insurance in Calgary, and James Cameron, president of Cameron and Associates in Toronto. The CIP Society is the graduate division of the Insurance Institute and is comprised of […]
The Guarantee Company of North America has launched a new business segment offering coverage for the transportation market, dubbed Guarantee Transportation Solution (GTS). “GTS is a one-stop insurance solution for Transportation companies,” said Angelique Magi, national vice president of strategic initiatives for the Guarantee. “We’ve got the right people and the right partners in place […]
NICC 2013 – As vehicle and road technology evolves and becomes mainstream, the insurance industry can encourage consumers to use those tools to become better drivers, according to some industry experts. Barriers to more automation in vehicles, up to the point of self-driving cars, is now largely political rather than technological, according to Craig Weber, […]
By Canadian Underwriter | September 25, 2013
3 min read
TORONTO – Ontario’s New Democrats are accusing the governing Liberals of failing to live up to their promise to cut auto insurance premiums. They say the Liberals have backtracked on lowering the benchmark for insurance industry profits that’s set by the provincial regulator. They say Finance Minister Charles Sousa promised to lower it to nine […]
By The Canadian Press | September 25, 2013
1 min read
Aviva plc has appointed Maurice Tulloch, current CEO of Aviva Canada, as CEO of Aviva UK & Ireland General Insurance. Tulloch joined Aviva in 1992 and was appointed CEO of the Canadian business in 2009. Under his leadership since then, operating profits in the Canadian business have grown by 63% and the combined operating ratio […]
The Aviva Community Fund competition is back for year number five, with the insurer offering Canadians $1 million to lead, empower and support community initiatives across the country. “The feedback and the positive impact the community groups and charities are having across the country are why we are back for year number five,” Debora Hendrickson, […]
By Canadian Underwriter | September 24, 2013
Aviva Canada is offering existing customers in Ontario and Alberta who purchase winter tires – critical for keeping safe on the road – a chance to receive a discount as part of a new promotional partnership with Kal Tire. With winter driving just around the corner for many parts of the country, Aviva Canada is […]
The Centre for Study of Insurance Operations (CSIO) has launched its standards certification program for member companies and vendors. The first business activity available for certification is eDocs, with the goal of expanding the program to cover all other business activities. The program “meets an important industry need for recognizing consistency in standards implementation,” Catherine Smola, CSIO’s […]
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