Operations
A Manitoba broker is out of pocket $1,000 for failing to review with his client a $1.4-million change to a client’s commercial property insurance policy. On Dec. 12, 2011, an insurer requested renewal instructions from Manitoba broker Horace Smaczylo, as noted in a decision recently posted by Manitoba’s broker regulator, the Insurance Council of Manitoba. […]
By David Gambrill | March 14, 2019
3 min read
Tech
Editor’s Note: This article has been updated. A previous version incorrectly stated that duuo was launched at Slice Labs’ launch studio in Toronto. CU apologizes for the error. If you want to develop a new digital insurance product, it shouldn’t take dozens of months, suggests Philippe Lafreniere, chief growth officer of Slice Labs Inc. “We […]
By Greg Meckbach | March 13, 2019
A big name in Manitoba’s independent brokerage community, Peter Leipsic, is making a return to the scene as a senior partner at a new brokerage called Dimensions Insurance Management Inc. He was executive vice president at Horizon Insurance (the province’s largest independent brokerage at the time) when HUB International Ltd. acquired Horizon in 2012. In […]
By David Gambrill | March 13, 2019
If you run a brokerage in Ontario, Alberta or Atlantic Canada and there is no BrokerLink in your town, there soon could be. Intact Financial Corp.’s BrokerLink unit has closed seven brokerage acquisitions since Jan. 1, said Paul Meyer, BrokerLink’s head of acquisitions, in an interview Tuesday. “Over the last two years – not counting […]
By Greg Meckbach | March 12, 2019
2 min read
An insurtech with offices in Ontario is looking for commercial and personal lines carriers who want to sell insurance the way Spotify sells music. “We are talking to several Canadian insurers who have an interest in launching new products” Philippe Lafreniere, the Toronto-based chief growth officer of Slice Labs, said in an interview with Canadian […]
By Greg Meckbach | March 11, 2019
Scaling innovation across a business can be a challenge, as most organizations start innovation in a “pocket, team or lab,” a speaker said late last month at the Insurance-Canada.ca Technology Conference. Simon Chan, head of corporate innovation thought leadership at Communitech in Kitchener, Ont. was one of two speakers at the session The Three Biggest […]
By Jason Contant | March 8, 2019
Having a flexible and accommodating schedule is key to incorporating innovation into an organization, the director of Wawanesa Mutual Insurance Company’s Innovation Outpost said recently. Last June, Wawanesa opened its Innovation Outpost lab in Kitchener, Ont. One of the first projects out of the lab was a new interactive technology that uses an Amazon Alexa […]
By Jason Contant | March 7, 2019
EDMONTON – Drivers using Google Maps are getting a last-minute warning as they approach some photo radar camera locations. The feature, which is currently being rolled out by Google, allows users to see speed limits, speed cameras and mobile speed cameras on the map before they leave. It also gives a verbal warning – an […]
By Greg Meckbach | March 6, 2019
Technology and data will change the underwriter’s job but will not eliminate it, suggests Russell Johnston, chief executive officer for North America of QBE Insurance Group Limited. “At the end of the day, people still make the decisions,” Johnston said during an interview with A.M. Best TV. “Technology and data will change the role of […]
As the digital healthcare market continues to evolve, the insurance industry in Canada should consider gaps or exclusions in current policies and the need for a bespoke option. Digital healthcare will include a focus on two areas: From an insurance standpoint, the main issue is that exposures in this area span across multiple underwriting teams, […]
By Jason Contant | March 5, 2019
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
