Tech
Artificial intelligence can now surgically identify Canadian homes and businesses in an insurer’s book that are most in need of inspection, thereby eliminating unnecessary home inspection orders. “Sometimes the industry will pay to have an inspection done based on criteria and there’s nothing that we find wrong with the home, or anything that adds value […]
By David Gambrill | March 26, 2018
3 min read
HR
OTTAWA – A year into its effort to help equip youth for the rapidly evolving workforce, one of the country’s largest banks says enhancing young Canadians’ human skills will be critical in navigating the machine-led disruption that lies ahead. In a new study, the Royal Bank of Canada is calling for a national review of […]
By Jason Contant | March 26, 2018
4 min read
Insurers may recognize the importance of collecting and mining data, but a recent U.S. study shows few currently have an IoT strategy, are collecting IoT data, or have dedicated resources. LexisNexis Risk Solutions released a white paper Tuesday entitled, Are you prepared for the insurance data tsunami? Challenges and opportunities from the Internet of Things. […]
By Jason Contant | March 24, 2018
2 min read
Your commercial client is looking to put together a best-in-class risk management plan for dealing with a cyber event. What’s the first thing they need to do? “An ideal plan starts with developing a team,” says Ruby Rai, manager of cyber and professional liability financial lines at AIG in Canada. “Not including all key stakeholders […]
By David Gambrill | March 24, 2018
Adam Hare, chief operating officer of the digital division of a family brokerage, never planned to make a career of insurance. Now he has a passion for making P&C insurance “sexy” for customers. It may seem counterintuitive, but despite having founded an organization that provides insurance quotes online, Adam Hare advises traditional brokers not to […]
By Greg Meckbach, Associate Editor | March 23, 2018
Legal / Regulation
PHOENIX – Video of a fatal pedestrian crash involving a self-driving Uber vehicle that some experts say exposes flaws in autonomous vehicle technology is prompting calls to slow down testing on public roads and renewing concerns about regulatory readiness. The 22-second video shows a woman walking from a darkened area onto a street just before […]
By Jason Contant | March 23, 2018
Do you find it difficult to drag yourself out of bed in the morning and get yourself to work on time? Or are you sick of traffic jams frustrating your morning commute into the office? If you’re late for work as an insurance employee, you’re a lot like other Canadian workers – and you’re probably about twice […]
Canada’s forthcoming implementation of mandatory data breach reporting may create an opportunity for the country’s commercial brokers to have conversations with their clients about cyber insurance risk based on concrete data instead of fear, a Marsh Canada broker says. Improved cyber risk data arising from breach reporting would give Canadian brokers “the ability to frame […]
By David Gambrill | March 22, 2018
As Canada’s wireless providers prepare to provide mandatory smartphone alerts for natural disasters and other emergencies, Desjardins General Insurance Group (DGIG) will soon allow its customers access to a severe weather alert system through mobile apps. This week, the Canadian Press reported that Canada’s wireless providers are preparing for an update to the national public […]
By Jason Contant | March 22, 2018
TEMPE, Ariz. – Video of a deadly self-driving vehicle crash in suburban Phoenix shows a pedestrian walking from a darkened area onto a street just moments before an Uber SUV strikes her. The lights on the SUV didn’t illuminate 49-year-old Elaine Herzberg on Sunday night until a second or two before impact, raising questions about […]
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.
