Your Business

Why consumers may be snubbing telematics Why consumers may be snubbing telematics Image

Tech

Why consumers may be snubbing telematics

Privacy and security concerns may be contributing to a lower-than-expected uptake of telematics programs, Andrew Lo, the president and CEO of Kanetix Ltd., said on Monday. Also, there seems to be some confusion among consumers about the data insurers are collecting, and the reasons for which insurers are requesting the data. In a recent Kanetix […]

By Jason Contant | January 9, 2018

3 min read

Opportunity or Obligation? Opportunity or Obligation? Image

Legal / Regulation

Opportunity or Obligation?

Doing the bare minimum to comply with IFRS 17 may save you money in the short term, but there’s a bigger opportunity to transform your company digitally

By Kristen Cornell, Principal, Industry Value Engineering, SAP Canada | January 9, 2018

2 min read

Insurers should prepare messaging on responsible pot use Insurers should prepare messaging on responsible pot use Image

HR

Insurers should prepare messaging on responsible pot use

The insurance industry has an important role to play in advising drivers how much marijuana, if any, they can use and still be safe on the road, a safety advocate says. Prime Minister Justin Trudeau may be perceived as “too cool for school” by legalizing marijuana, but expect insurers to be left holding the bag […]

By Greg Meckbach | January 9, 2018

3 min read

Safety gadgets driving up insurers’ auto repair costs Safety gadgets driving up insurers’ auto repair costs Image

Tech

Safety gadgets driving up insurers’ auto repair costs

Safety gadgets mounted on today’s slick new vehicles are creating headaches for insurers when it comes to the severity of auto insurance physical damage claims. Why? Because it costs more to repair them when they are damaged in collisions. Mitchell Canada reported in the Q3 edition of the 2017 Mitchell Auto Physical Damage Industry Trends […]

By David Gambrill | January 8, 2018

2 min read