HR
EDMONTON – The Alberta government has sacked the board of a Crown corporation following a report that said there were procurement violations and lavish spending by executives that included golf trips, limo rides, and luxury seats to the Edmonton Oilers. “I’ve lost the confidence in that board,” Agriculture Minister Oneil Carlier told a legislature news […]
By Jason Contant | June 14, 2016
3 min read
Only half of global insurers polled believe that they are capable of extracting and sustaining value from business transformation initiatives, with 57% admitting that their transformation efforts to date have been “less than successful,” according to a new report from KPMG International. The KPMG report, through Forbes Insights, was released on Monday. KPMG surveyed more […]
By Canadian Underwriter | June 13, 2016
Tech
General Motors (GM) Canada announced on Friday an expansion of its engineering and software work in the country to support the development of “innovative new automotive systems and technologies for the future.” GM said in a press release that it will expand its Canadian base to reach a total of approximately 1,000 positions over the […]
By Canadian Underwriter | June 10, 2016
2 min read
The Region of Waterloo in Ontario announced earlier this week that a new taxi bylaw, set to be implemented in October, will include “consistent insurance requirements for traditional and non-traditional taxis.” The bylaw will also include new licensing ratios and limits; a “fair and flexible rate structure for both traditional taxis and app based companies”; […]
Zurich Insurance Group announced on Friday a reshaping of the company, which includes the creation of the new role of chief operating officer (COO) and a move to a “simpler, more customer-oriented structure.” “Over the coming months, the business will move to a simpler, more customer-oriented structure, reducing complexity, creating greater accountability and empowering teams […]
United Kingdom-based Pen Test Partners LLP said recently that it has hacked into a Mitsubishi Outlander plug-in hybrid electric vehicle (PHEV) through a mobile app. Pen Test Partners said in a blog post on June 5 that while most remote control apps for locating a vehicle, locking it remotely, etc. work using a web service […]
By Canadian Underwriter | June 9, 2016
The increased adoption of cloud-based services among enterprises is the primary driver for growth in the global critical infrastructure protection market, according to global market research company Technavio. Research analysts at Technavio predicted on Wednesday that the global critical infrastructure protection market – which includes technology (cyber and physical security) and physical security (software, alarms […]
MGB Claims Consultants Inc. announced on Wednesday that it has acquired ProFormance Group Insurance Solutions Inc. “as part of an overall strategy for expansion to better service our clients and strengthen our presence in both the Lloyds of London and Canadian marketplace.” Based in Pickering, Ont. and founded in 2008, ProFormance Group provides third party […]
1 min read
Driving while talking on a hands-free phone can be as distracting as talking on a hand-held mobile, according to a study from researchers at the University of Sussex in the United Kingdom. The study, titled Imagery-inducing distraction leads to cognitive tunnelling and deteriorated driving performance and published in the Transportation Research journal, found that drivers […]
By Canadian Underwriter | June 8, 2016
Two-thirds of respondents to a global study commissioned by technology and innovation company Raytheon have indicated that not until there is a “significant data loss” from an IT security breach are their organizations motivated to engage a vendor. Don’t Wait: The Evolution of Proactive Threat Hunting, released on Monday, found that organizations worldwide wait until […]
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