Industry
Insurance company portals are becoming a new breed of IT silos. User experience platform technologies (UXP) may be a way to knock them down.
By Wendy Aarons-Corman, President, edge IPK Incorporated | June 1, 2012
5 min read
Using high performance analytics (HPA), insurers can transform Big Data into faster, better information processing.
By Stuart Rose, Global Insurance Marketing Manager, SAS | June 1, 2012
4 min read
A new study released June 1 by Insurance Bureau of Canada (IBC) and Wingham, Ontario concludes the humble rain barrel offers an old-fashioned solution to keeping home water damage down. The Wingham Rain Barrel Study began with 1,000 rain barrels, one for each homeowner. In the past, the peak flow through Wingham’s storm water system […]
By Canadian Underwriter | June 1, 2012
1 min read
Summer is here, bringing with it warm weather, time away from home and a spike in residential burglaries. Insurance claims data from Aviva Canada Inc. show the frequency of thefts on the home front during June, July and August are 13%, 22% and 32% higher, respectively, than in February, when theft is least likely to […]
The Saskatchewan Rate Review Panel has recommended an overall average increase of 0.6% to Saskatchewan Auto Fund rates, effective Aug. 4, 2012. The panel is also recommending a temporary, two-year overall average rate surcharge of 1% to help replenish the Auto Fund’s Rate Stabilization Reserve (RSR). Saskatchewan Government Insurance’s (SGI) Auto Fund had proposed an […]
2 min read
CARSTAR locations across the country are gearing up to wash a lot of cars during the ninth annual Soaps It Up for Cystic Fibrosis National Car Wash Fundraiser on June 9, an event expected to propel CARSTAR locations across the country past the $2 million fundraising milestone for Cystic Fibrosis Canada (CFC). Sam Mercanti, president and […]
Car insurance quotes from The Co-operators are now available to Ontario drivers online through Kanetix.ca’s car insurance quote comparison service. “With the addition of The Co-operators, we are able to offer Ontario drivers more options than ever before,” says Janine White, vice president of Kanetix Ltd. The free service allows drivers to compare competing insurance […]
By Canadian Underwriter | May 31, 2012
The Centre for Study of Insurance Operations (CSIO) has recognized a three-company collaboration that is helping brokers do their jobs more efficiently. At its annual meeting on May 29, CSIO president Catherine Smola presented the technology award for the innovative use of CSIO standards by Unica Insurance, iter8 Incorporated and Keal Technology. Supported by iter8’s […]
Summer is barbeque season, but research by More Th>n insurance in the United Kingdom shows that basic precautions may fall by the wayside during these sometimes-boozy affairs. One in four barbequing Brits have set charcoal ablaze while under the influence, notes the research by the company’s home insurance team. These drunken encounters came at a […]
By Canadian Underwriter | May 29, 2012
A poll of 76 insurer senior executives by Munich Reinsurance America Inc. shows that keeping and increasing business is the number one issue facing property and casualty insurance companies. Almost half of the respondents (47%) to Munich Re’s CEO Roundtable Survey indicated that maintaining and growing business was their top concern, followed closely by underwriting […]
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