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Aite Group introduces vendor evaluation framework, p&c insurance transforming

Aite Group has introduced a proprietary vendor evaluation framework that the global research and advisory firm reports will serve as an actionable guide for market participants looking for viable third-party vendor solutions and services. “I think the biggest problem for financial institutions is getting objective advice on which third-party vendors to choose,” Sang Lee, managing […]

By Angela Stelmakowich | October 18, 2017

4 min read

HR

Manitoba Public Insurance opens new centre for automotive research and training

Manitoba Public Insurance (MPI) has opened a new, state-of-the-art centre for automotive research and training to keep pace with “rapid changes in the design, construction, technology and reparability of motor vehicles,” provincial Minister of Crown Services Cliff Cullen announced on Tuesday. The new research and training centre – located in the J.W. Zacharias Physical Damage […]

By Canadian Underwriter | October 17, 2017

2 min read

New high-speed transportation technology Hyperloop both “feasible and insurable”: Munich Re

Hyperloop technology – a form of transport in which passengers and goods travel in capsules at high speeds – is both “feasible and insurable in the medium term,” according to a new report from Munich Re. The Hyperloop Transportation Technologies Risk Report, released on Tuesday, examined risk landscapes for Hyperloop Transportation Technologies (HTT), which has […]

By Canadian Underwriter | October 17, 2017

3 min read

B.C. government hires industry expert to help prepare taxi industry for ridesharing

The government of British Columbia announced on Monday that it has hired an industry expert to consult with and help prepare the taxi industry for a “made-in-B.C.” solution to ridesharing. Transportation and Infrastructure Minister Claire Trevena said in a press release that the provincial government has hired industry expert Dan Hara of Ottawa-based Hara Associates. […]

By Canadian Underwriter | October 17, 2017

4 min read