Tech
Legacy systems have long been the scourge of the industry and they are one of the things standing in the way of artificial intelligence (AI) implementation, a speaker suggested last week at the Insurance-Canada.ca Technology Conference in Toronto. “There’s a bunch of legacy software out there, so we have to interact with legacy systems and […]
By Jason Contant | March 5, 2019
2 min read
PITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last year. Karina Ricks, director of the city’s Department of Mobility and Infrastructure, said the city […]
By Greg Meckbach | March 5, 2019
3 min read
Operations
Enhancing building codes to include early detection systems could help generate a faster response in the case of farm fires, said Ken Worsley, who leads Cowan Insurance Group’s national agri-commercial industry practice. Early response systems include things like heat, fire and smoke detectors that can be put in barns to trigger a response “much more […]
HR
Maurice Tulloch, the former president and CEO of Aviva Canada from 2009-13, has been appointed CEO of the London, U.K.-based Aviva plc, effective Monday. Tulloch joined Aviva in 1992 and was appointed to the board of Aviva plc in June 2017. He was Aviva’s CEO of international insurance and has responsibility for Aviva’s life insurance […]
By Jason Contant | March 4, 2019
Arthur J. Gallagher & Co. announced Monday it has agreed to buy the global aerospace operations of Jardine Lloyd Thompson Group plc. If the deal goes through, about 250 JLT employees worldwide would join Gallagher. Monday’s announcement comes six months after Marsh & McLennan Companies Inc. announced it agreed to acquire JLT, a global commercial […]
By Greg Meckbach | March 4, 2019
Wawanesa Mutual Insurance Company made a bold move last year, forsaking the direct channel to sell exclusively through brokers. Carol Jardine, president of Wawanesa’s Canadian P&C operations, shares her assessment of how the strategy has worked so far.
March 2, 2019
4 min read
Companies looking to undergo a digital transformation should follow the expression “more is not always better” when it comes to selecting system integrators and vendors, a speaker said Wednesday at the Insurance-Canada.ca Technology Conference in Toronto. During the transformation process, some companies may decide to have multiple different advisors or implementation partners, noted Firas Al […]
By Jason Contant | March 1, 2019
After several attempts to create a utopian state of broker-carrier data exchange, could the D/X Initiative be the tech breakthrough that commercial brokers have been seeking for decades?
By David Gambrill, Editor-in-Chief | March 1, 2019
8 min read
Need another reason to convince your clients to take a look at cyber insurance? One good starting point is keeping them informed on the latest cyber threats. One such risk is a new, darker strain of social engineering called “sextortion” that is emerging as an email threat for businesses. It involves cyber criminals engaging in […]
By Jason Contant | February 28, 2019
Using technology like artificial intelligence can help insurers attract the right people and keep them engaged, suggests the head of a major Canadian insurer. “It’s a tough talent market right now across the leading insurance markets in the world. Canada is no exception,” said Saad Mered, CEO of Zurich Canada. “We need to make sure […]
By Greg Meckbach | February 28, 2019
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