Tech
TORONTO – The Canadian Imperial Bank of Commerce is one of the most commonly targeted brands used by cyberthieves in phishing attacks across North America, with a more than 600 per cent surge in fake email attempts in the third quarter, according to analysis by an email security firm. Vade Secure’s research shows that during […]
By Greg Meckbach | November 8, 2018
3 min read
Operations
The holy grail for brokers, of having their computers talk directly to carriers’ computers, is “going to happen,” an InsurTechTO speaker suggested Wednesday. “The big area of inefficiency is still duplicate entry,” Michael Loeters, senior vice president of commercial insurance at Prolink Insurance Inc., said Wednesday during an InsurTechTO panel in Toronto. Loeters was referring […]
A blockchain-based business insurance model that could see non-regulated investors as the capital providers is coming sooner that you think, although it may not necessarily arrive in Canada in the short term, predicts an executive who has led two major Canadian P&C carriers. The insurance model touted by Estonia-based Black Insurance “is one of the […]
2 min read
Commercial brokerages and carriers have confirmed in a test case scenario that they can successfully exchange claims data from a first notice of loss (FNOL) form electronically, beginning and ending in the broker management system (BMS). In the Toronto Insurance Council (TIC)’s FNOL Proof of Concept project, a BMS was able to send claims data […]
By David Gambrill | November 7, 2018
The property and casualty insurance industry is like a cable TV network: you can choose from among a variety of channels – broker, direct, multi-channel and omni-channel. Desjardins’ Denis Dubois explains what they all mean, and tells CU how distribution channels may evolve in the future.
November 6, 2018
4 min read
Effective Nov. 1, commercial brokerage Navacord Corp. continued to expand its construction practice with the addition of Westmount Guarantee Services Inc. as a broker partner. Founded in 2011, Markham, Ont.-based Westmount Guarantee provides Tarion bonds (developers’ surety), condominium deposit insurance and surety products for residential projects across Ontario. Devoted exclusively to the condominium market, its […]
By Jason Contant | November 5, 2018
Who are the brightest young talents in Canadian P&C today? Each year, Canadian Insurance Top Broker magazine (recently acquired by CU) answers that question with its Top 10 Under 40. Meet the other winners here, and don’t forget to pick your favourites for the Peer-to-Peer Awards. _________________________________________________ Andrew Coburn CEO Coburn Insurance Mount Forest, Ont. […]
By Ian Portsmouth | November 5, 2018
Who are the brightest young talents in Canadian P&C today? Each year, Canadian Insurance Top Broker magazine (recently acquired by CU) answers that question with its Top 10 Under 40. Meet the other winners here, and don’t forget to pick your favourites for the Peer-to-Peer Awards. _________________________________________________ Jocelyn Prentice Surety Broker BFL Edmonton Jocelyn Prentice […]
By Ian Portsmouth | November 3, 2018
Developing technology-based solutions to tackle distracted driving, pedestrian safety and house-to-house communication are the goals of an upcoming hackathon hosted by Canada’s second largest insurer and a technology start-up accelerator. Aviva Canada and OneEleven will host the Safer Neighbourhoods Hackathon on Nov. 23-25 at OneEleven’s office in Toronto. Teams consisting of about 80 insurance professionals, […]
By Jason Contant | November 2, 2018
Who are the brightest young talents in Canadian P&C today? Each year, Canadian Insurance Top Broker magazine (recently acquired by CU) answers that question with its Top 10 Under 40. Meet the other winners here, and don’t forget to pick your favourites for the Peer-to-Peer Awards. _________________________________________________ Jonathan Langlois Account Executive Vézina Assurances Inc. Montreal […]
By Ian Portsmouth | November 2, 2018
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