Industry
A Quebec insurance company has partnered with an air ambulance service to offer no-fee emergency assistance, up to a certain amount, beginning this May. La Capitale General Insurance has partnered with Airmedic, to allow the insurer’s clients who have a snowmobile or leisure vehicle insurance policy and another home or auto insurance policy with La […]
By Canadian Underwriter | February 1, 2013
1 min read
The restoration industry is poised to undergo a revolution, one in which technological advances promise to foster innovation. But are businesses keeping pace and able to operate in this new environment?
By Bruce Derraugh, Chief Operating Officer, FirstOnSite Restoration | January 31, 2013
5 min read
Brokers and insurers can greatly benefit from standards-based systems that allow them to make the most of information technology. The consistent implementation of standards can help achieve both cost and time savings.
By Grant Patten, Communications Specialist, Centre for Study of Insurance Operations | January 31, 2013
4 min read
Policy changes can take up a significant amount of a broker's workload. New technology will be needed to ensure that when a policy change is made in the broker's software, it is updated properly in both broker and carrier systems, data is reviewed and errors are logged.
By David Gallagher, Vice-President, iter8 Inc. | January 31, 2013
6 min read
With brokers continuing to face challenges, mobility may hold the key to unlocking improved growth and profitability. By storing data and running applications from a service provider's data centre, brokers are able to offer advanced mobile technologies without the burdens of administering their own servers.
By Jeffrey Purdy, Senior Vice President & General Manager for Canada, Applied Systems | January 31, 2013
Sean Graham suggests that capturing online customers, a number that is growing, demands meeting the needs of everyone from the most technologically savvy to those who are "less comfortable."
By Angela Stelmakowich, Editor | January 31, 2013
The auto insurance industry in the United States is one of the most aggressive in terms of marketing spend, but it may not be having the desired impact, notes a new report from McKinsey and Co. Over the past nine years, U.S. auto insurers have tripled their marketing spend nearly $6 billion annually, with some […]
By Canadian Underwriter | January 31, 2013
2 min read
Approximately three-quarters of surveyed respondents, almost all in Europe, reported that information security and privacy have become more significant areas of concern in the past three years. “Many companies still do not devote sufficient attention to cyber risks, despite an increase in frequency, scope and sophistication – and harsher penalties for lack of regulatory compliance […]
Canadian insurance giant Intact Financial has taken a new step in its analytics capabilities and its implementation of FellowDSS Accelerator business intelligence tool. The company has acquired the FellowDSS Framework version, which will provide it with access to intellectual property functionalities, explained InEdge, the business analytics company behind the product. “The FellowDSS application will be […]
Everest Insurance Company of Canada (EvCan) has appointed David A. Crozier to the position of chief executive officer, effective Jan. 21. Crozier was most recently senior vice president of operations for Economical Mutual Insurance Company with responsibility for oversight of all field operations including claims, sales and distribution. He joined Economical in 2006 as vice […]
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