HR
Brokers who are members of the Canadian Federation of Independent Business can be matched with small businesses requesting quotes for property and liability coverage, Northbridge Insurance suggested Friday. A recently-announced partnership between Northbridge and CFIB “connects participating brokers with prospective customers through our digital lead generation platform,” a Northbridge spokesperson told Canadian Underwriter Friday. “Once […]
By Canadian Underwriter | November 10, 2017
2 min read
Tech
Insurtech startup Betterview, a service provider for capturing and analyzing data from drones, has announced a commercial drone inspection package for insurers. The pre-assembled package, which is available in Canada, includes a DJI drone, software and training to “provide and out-of-the-box solution to capture, organizes and analyze imagery of buildings and properties,” Betterview said in […]
By Canadian Underwriter | November 9, 2017
3 min read
LAS VEGAS – The robots won this one. A driverless shuttle bus was involved in a minor crash with a semi-truck less than two hours after it made its debut on Las Vegas streets Wednesday in front of cameras and celebrities. The human behind the wheel of the truck was at fault, police said. Las […]
By Jason Contant | November 9, 2017
The government of Ontario announced on Wednesday that it has launched the Autonomous Vehicle Innovation Network (AVIN) in Stratford, Ont., a “unique demonstration zone” that is among the first of its kind in Canada to “allow researchers to hone the technology and test an AV in a wide range of everyday, real-life traffic scenarios.” Ontario […]
Insurtechs may present a threat to established insurance providers, but an Executive Forum speaker contends that young people should be in the market for a trusted advisor
By Greg Meckbach, Associate Editor; and Angela Stelmakowich, Editor | November 8, 2017
Autonomous vehicles should only have to be “moderately better” than human drivers before being widely used in the United States, an approach that could save thousands of lives annually even before the technology is perfected, according to a new report from RAND Corporation. Allowing wide use of autonomous vehicles when they are just 10% better […]
By Canadian Underwriter | November 8, 2017
4 min read
DETROIT – A self-driving car company created by Google is pulling the human backup driver from behind the steering wheel and will test vehicles on public roads with only an employee in the back seat. The move by Waymo started Oct. 19 with an automated Chrysler Pacifica minivan in the Phoenix suburb of Chandler, Arizona. […]
By Jason Contant | November 8, 2017
Brokerages looking to expand should be prepared to invest in technology and think differently, but innovation does not necessarily require a huge investment, speakers suggested Monday during InsurTechTO. “Know what you want to be and how you want to get there and what that looks like for you,” said Sean Widdess, head of strategic partnerships […]
More than 60% of IT security experts are unsure of how to combat security breaches like targetted attacks, a new report on behalf of cybersecurity company Kaspersky Lab has found. The report, titled New Threats, New Mindset: Being Risk Ready in a World of Complex Attacks, found that global businesses realize a security breach will […]
By Canadian Underwriter | November 7, 2017
As technology disrupts insurance providers and companies in other industries, understanding what customers want is critical, speakers suggested Monday at InsurTechTO. “What I find most challenging about the customer side is, sometimes they know what they want and sometimes they don’t know what they want,” said Danish Yusuf, chief executive officer of Zensurance Brokers Inc., […]
By Jason Contant | November 6, 2017
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