HR
Western Canadian insurer Peace Hills Insurance has implemented eDelivery, enabling the electronic transmission of personal lines policy documents directly to consumers’ Canada Post epost digital mailboxes in place of traditional mail, the Centre for Study of Insurance Operations (CSIO) said on Monday. As part of its implementation process, Peace Hills Insurance also obtained CSIO certification, […]
By Canadian Underwriter | April 4, 2016
2 min read
Tech
Beyond brokers themselves, good and accurate data is the lifeblood of brokerages today. Data is vital to meeting customer needs both today and in the future, meaning that when a broker management system conversion is needed, protecting and maintaining the integrity of that information is essential.
By Renée Durepos, Senior Vice President, Keal Technology | April 1, 2016
4 min read
Legal / Regulation
The Ontario government has welcomed proposed changes it suggests will up the competitiveness of credit unions and caisses populaires in the province, while also helping to better serve individuals, communities and businesses. In recently accepting a report prepared by Laura Albanese, parliamentary assistant to Ontario finance minister Charles Sousa – which contains 15 recommendations for […]
By Angela Stelmakowich, Editor | April 1, 2016
3 min read
Regulators would do well to resist taking a “whack-a-mole” approach to the sharing economy – something that could result in a $20 billion market in Canada within the next decade – and, instead, consider their ultimate objectives, Sunil Johal, policy director of the Mowat Centre, said Thursday during a presentation at the Ontario Mutual Insurance […]
By Angela Stelmakowich | April 1, 2016
The Investment Industry Regulatory Organization of Canada (IIROC) and the Financial Services Commission of Ontario (FSCO) announced on Wednesday that they have signed an information-sharing agreement that will “provide more effective regulation and strengthen consumer protection in Ontario.” Under the Memorandum of Understanding (MOU), the two regulatory agencies will share the decisions and sanctions of […]
By Canadian Underwriter | March 31, 2016
New test research out of the United States is shedding light on emerging trends around distributed denial-of-service (DDoS), indicating related attacks are now targeting applications inside the networks of enterprise organizations. Released this week by information security research and advisory company NSS Labs, the finding is contained in the company’s new Security Value Map and […]
Just over one month after the president and CEO of a hospital in Los Angeles admitted to paying about US$17,000 to hackers following a ransomware attack, another hospital in the United States has become victim of a malware attack. On Tuesday, Columbia, MD-based MedStar Health reported in a statement that its IT system “was affected […]
KANATA, Ont. – Driverless cars, trucks and buses are going to cause a major economic headache, and the federal government needs to be ready, say advocates for the country’s high tech and automotive sectors. But Ottawa also needs to tread lightly as it moves to regulate Canada’s blossoming autonomous vehicle industry, they caution. Tucked away […]
By Jason Contant | March 30, 2016
Specialty lines in the United States continue to be hypercompetitive, with technology playing an ever larger role in insurers’ ability to attract, retain and serve clients and brokers (agents) profitably, according to a new report from Novarica. The Business and Technology Trends: Specialty Lines report, published on Wednesday, provides and overview of specialty carriers’ business […]
By Canadian Underwriter | March 30, 2016
Everest Re Group, Ltd. announced on Wednesday that it has named Jonathan M. Zaffino as president of its North America Insurance Division, effective April 1. Zaffino joined Hamilton, Bermuda-based Everest Re in 2015 as president of Everest National / U.S. Insurance Operations, the insurance carrier reported in a press release. In his expanded role, Zaffino […]
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