Tech
The first autonomous cars will debut in 2020, with the total number of new registrations forecasted to grow at a compound annual growth rate (CAGR) of 62% from 0.2 million units in 2020 to reach 24 million units in 2030, according to Swedish market research firm Berg Insight. Berg Insight – a machine-to-machine (M2M)/Internet of […]
By Canadian Underwriter | October 5, 2016
2 min read
Cyber insurance coverage “should not replace” information technology security measures, and cyber risk can have an effect across engineering projects, the International Association of Engineering Insurers (IMIA) warned Tuesday. “The perception that cyber events do not cause physical damage is being challenged,” stated Alexander Schmidl, the chair of an IMIA working group, in a release. […]
By Canadian Underwriter | October 4, 2016
HR
When developing perpetuation plans, brokerage principals need to consider financing for prospective successors. They also need to consider their brokerage experiences as well as soft skills, including positive attitude and the ability to enable and motivate producers.
By Brenda Rose, Vice President and Partner, FCA Insurance Brokers | October 4, 2016
7 min read
Tara Chammartin of La Salle Insurance & Travel Services in Manitoba was named the recipient of the 2016 Dale Rempel Award of Excellence at the Insurance Brokers Association of Canada’s (IBAC) President’s Banquet on Saturday. The award, which recognizes excellence in broker education, has been presented for the past three years. “It gives us great […]
3 min read
Choosing a properly qualified appraiser for contents such as fine art, jewellery and historical items can be of benefit to the broker, carrier and insured.
By John Grow, Partner, Prestige Evaluations | October 3, 2016
5 min read
RSA Canada announced today on Monday that Martin Thompson has been appointed president and chief executive officer, effective immediately. Thompson was appointed president and acting CEO in July 2016, when Rowan Saunders, the former president and CEO stepped down, RSA Canada said in a press release. Also in July, Saunders was named president and CEO […]
By Canadian Underwriter | October 3, 2016
Dartmouth, N.S.-headquartered brokerage A.P. Reid Insurance Limited announced on Friday its intention to acquire Robinson Insurance Brokers (RIB) of Edmonton. Effective Nov. 1, the company’s brokerage operations will integrate under the A.P. Reid brand, and Daniel Robinson, the president and owner of RIB, will join the A.P. Reid management team as their western regional manager, […]
Technology company IBM announced on Monday a five-year partnership with Majesco – a global provider of core insurance software, consulting and services for insurance business transformation – to jointly offer a new cognitive, cloud-based platform to help insurance carriers worldwide create new services on IBM Cloud. The global partnership is intended to help provide clients […]
The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers Watson’s 2016 Transportation Risk Index was commissioned to measure the industry’s current risk environment from […]
Brokers need to determine both the true threats and true opportunities.
By Greg Meckbach, Associate Editor | October 2, 2016
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