Tech
Five insurers and reinsurers – Aegon, Allianz, Munich Re, Swiss Re and Zurich – have launched the blockchain insurance industry initiative B3i, aimed at exploring the potential of distributed ledger technologies to better serve clients through faster, more convenient and secure services. The five companies have agreed to cooperate for a pilot project, using anonymized […]
By Canadian Underwriter | October 19, 2016
2 min read
OTTAWA – Transport Canada has issued a recall notice for about 10,000 Ram pickup trucks and other Fiat Chrysler vehicles that are at increased risk of stalling or fire in the engine compartment due to an electrical short. The federal agency says the affected vehicles from model years 2007 to 2014 have a 220-amp alternator […]
By The Canadian Press | October 19, 2016
1 min read
The Transportation Safety Board of Canada (TSB) has reiterated its call for expanded requirements for the use of cockpit voice recorders and flight data recorders following the Kelowna, B.C. accident that claimed the life of former Alberta Premier Jim Prentice and three others. At 9:32 p.m. on Oct. 13, a Cessna Citation aircraft departed Kelowna […]
By Canadian Underwriter | October 18, 2016
3 min read
HR
Fewer than half of Alberta small enterprises surveyed reported having a business continuity plan, ATB Financial announced Monday. In its Business Beat Survey, 300 owners and operators of small and mid-sized enterprises were asked in a phone survey whether their organizations have formal business continuity plans. One in five said they have a formal plan […]
The board of directors of Peace Hills Insurance announced on Monday that Diane Brickner has agreed to serve as interim president and chief executive officer of the company, effective immediately. Brickner replaces Gene Paulsen, who has announced his retirement from the company, Peace Hills Insurance said in a press release. Brickner will serve on an […]
Octo North America announced on Monday that it has released a suite of new telematics products for connected cars. Octo Telematics, a London, United Kingdom-based global provider of telematics and data analytics solutions for the auto insurance industry, said in a press release that its telematics solutions are now available via both in-vehicle and mobile […]
By Canadian Underwriter | October 17, 2016
An “alarming” 71% of young drivers aged 16 to 24 don’t consider using their phones while driving to be very distracting, according to a new poll by national charity Parachute. National Teen Driver Safety Week, an annual public awareness campaign aimed at educating young drivers about road safety, is taking place from Oct. 16 to […]
Legal / Regulation
Outside Intelligence has announced the availability of a cognitive computing platform to help businesses meet the guidelines of the new International Organization for Standardization (ISO) anti-bribery standard, ISO 37001. The platform produces automated due diligence reports – which businesses can use to evaluate discovered risks that can be immediately used to make key decisions – […]
Worldwide shipments of 3D printers will grow 108% in 2016 to reach 455,772 units, more than doubling the 219,168 units shipped in 2015, according to the latest forecast from Gartner, Inc. The Stamford, Conn.-based information technology research and advisory company said in a press release on Thursday that despite slowing growth rates after the market’s […]
By Canadian Underwriter | October 14, 2016
Most small business owners in the United States (78%) still don’t have a cyberattack response plan, even though more than half (54%) were victim to at least one type of cyberattack, according to Nationwide’s second annual Small Business Indicator. The survey, released on Thursday, found that 60% of respondents who did experience a cyberattack said […]
By Canadian Underwriter | October 13, 2016
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