Risk
3D printing is hardly new, but recent rapid development and seemingly endless potential uses has freshened consideration of the technology. Enhanced access and broadened applications, though, bring with them talk of additional risks and whether or not existing property and casualty insurance policies are sufficient to address how 3D printing technology could evolve in future.
By Angela Stelmakowich, Editor | January 31, 2016
14 min read
Bryan Bedford, 2015 recipient of the CIP Society Emerging Leader Award, suggests that advances in data analytics technology could help insurance providers sell more services.
By Greg Meckbach, Associate Editor | January 31, 2016
5 min read
Those in the insurance industry would be well-advised to take some advice: pay attention. Innovation and disruptive technologies are unfolding quickly - changes that could have a significant and lasting impact on insurance products - but is the insurance industry even in the game?
By Andrew Lo, Chief Marketing Officer/Chief Strategy Officer, Kanetix Ltd.Technological advances demand thought leadership from insurance industry | January 31, 2016
The cost of disasters relative to insured assets is continuing to increase in Canada, tripling since 1970. Closing the gap between the amount of insurance in place and the cost of recovery demands public/private collaboration where each participant knows its role.
By Veronica Scotti, President and Chief Executive Officer, Swiss Re Canada | January 31, 2016
7 min read
A new ruling by the Court of Appeal for Ontario could lead to most, if not all, major Canadian title insurers having to recast policy language. In expanding the interpretation of the "unmarketability of title" concept, the court has forced a round peg into a square hole.
By Simon Crawford, Partner, Bennett Jones LLP | January 31, 2016
Remember, it is not just the Internet of Things (IoT); it is the Internet of Everything. Despite the dazzling possibilities – seducing individuals and businesses alike with talk of convenience and new revenue sources, respectively – these possibilities do not come without risks. Yet, that has not stopped things from moving along. Gartner, Inc. reported […]
3 min read
Home inspectors can be the source of general liability and errors and omissions claims, especially if they fail to detect a potential issue when a client buys a home.
By Christopher Gonzales, National Product Leader, Professional Liability, Burns & Wilcox Canada | January 31, 2016
4 min read
1 As of January 4, John Bowey [1a] has replaced Gerry Hooper [1b] as chairman of Economical Insurance, a position Hooper held since 2005. He had also been chair of the Board of Directors’ (BoD) special committee on demutualization, but will continue as a member of both the BoD “until the expiry of his current […]
By Canadian Underwriter | January 31, 2016
TECHNOLOGY Ottawa, Manitoba expanding network of weather stations The federal and Manitoba governments are expanding the province’s network of automated weather stations to provide farmers with more accurate information on rain and snowfall distribution. “Data from these weather stations will also be used to enhance flood and drought forecasting, precipitation maps and monitoring severe weather,” […]
6 min read
Two Managing General Agents (MGA) in British Columbia have announced their intention to merge into one new organization, effective Feb. 1. Guardian Risk Managers and Chutter Personal Lines Underwriting Services (CPLUS) announced that they would re-brand as Guardian Risk Managers Ltd. The combined new MGA will be headquartered in Surrey, B.C. The new company will […]
By Canadian Underwriter | January 29, 2016
2 min read
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