Tech
Brokers should be advising their clients that the re-use of passwords across multiple websites and accounts could be a disaster waiting to happen, a cybersecurity specialist told Canadian Underwriter Wednesday. Lisa Baergen, marketing director of Vancouver-based NuData Security, a Mastercard Company, made her comments after an unauthorized party acquired data associated with MyFitnessPal user accounts in […]
By Jason Contant | April 5, 2018
2 min read
HR
Carrie Trudeau has officially started her new position as vice president of claims for Canada with Lloyd’s managing agent AEGIS (Associated Electric & Gas Insurance Services Limited), bringing 18 years of experience in the Canadian insurance market to the role. “I am essentially following in my father’s footsteps,” she told Canadian Underwriter before she began […]
By Jason Contant | April 3, 2018
Operations
Brokers seeking new business shouldn’t be shy about asking clients for referrals, Economical Insurance’s chief distribution officer told Canadian Underwriter Monday. Fine-tuning the referral process is a simple, often overlooked method for brokers to grow their business, Tom Reikman said in an interview. “There are different elements to attract new business,” he said. “I use […]
By David Gambrill | April 3, 2018
Legal / Regulation
NAFTA’s potential collapse is a huge risk for Canadian exporters. In the absence of an insurance solution, risk managers can show their value by planning creative strategies for a trade disaster scenario.
By Greg Meckbach, Associate Editor | April 3, 2018
The women behind the slowly growing number of ride-hailing apps catering to female passengers and drivers say the hurdles they’ve had to overcome to get their services on the road demonstrate exactly why they’re necessary in the first place. Women from Halifax to Vancouver Island have tried to launch female-only alternatives to services such as […]
5 min read
Canadians are rejecting the notion that personal lines insurance is such a complicated product that consumers are incapable of making their own insurance purchase decisions without the advice of a broker, a digital broker told Canadian Underwriter recently. “I don’t know how a carburetor works, but I can buy a car,” Scott Loong, co-founder and […]
By Jason Contant | April 2, 2018
3 min read
An AIG company has launched a pay-as-you-go travel insurance app. Travel Guard Group Canada launched the iPhone app last week to allow Canadian customers (except Quebec residents) to purchase travel insurance coverage in blocks of time ranging from one day to 90 days. GPS technology enables travelers to use the coverage from the moment they […]
Risk managers are entering a new era that emphasizes their strategic thinking skills. Increasingly, they will be asked to provide valuable risk insights that will help guide their organizations through an uncertain future. Are they up to the task?
By David Gambrill, Editor-in-Chief | April 1, 2018
1 min read
Proposed regulatory changes allowing the sale of property and casualty insurance in Quebec without human intervention might actually benefit consumers and not harm them, a digital brokerage told Canadian Underwriter Wednesday. Scott Loong, co-founder and CEO of Montreal-based digital brokerage Covera Technologies Inc., said he believes consumer protection can be maintained without the requirement for […]
By Jason Contant | March 30, 2018
Insurance companies have made it a priority to modernize their operations to connect with their customers digitally, but all the work they have been doing may be tilting too far in the direction of acquiring customers, one senior Canadian P&C executive says. “When I see where people are spending, and what they are spending on, […]
By David Gambrill | March 29, 2018
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