Tech
There will be a “tipping point very shortly” involving connected things, a speaker suggested on Wednesday at the Insurance-Canada.ca Broker Forum. Ryan Spinner, head of innovation with Aviva Canada, was speaking during a panel discussion titled Distribution in the InsurTech Age at the broker forum, held at the Allstream Centre in Toronto and moderated by […]
By Jason Contant | March 2, 2017
3 min read
Economical Insurance’s recently-launched direct writer, Sonnet, is one example of “disruptive innovation” in the Canadian industry, a speaker told insurance professionals at a recent conference, though a senior executive of Economical suggested there is a “significant segment” of the market that will “continue to value” the advice that brokers provide. There are “two different approaches” […]
By Canadian Underwriter | March 2, 2017
HR
If an insurer can offer brokers more products, assistance and their brand is recognized by clients, “there is some value there,” Jeff Roy, CEO of Excalibur Insurance Group, suggested on Wednesday at the Insurance-Canada.ca Broker Forum, held at the Allstream Centre in Toronto. Roy was discussing the contentious decision in late January in which the […]
What will it take to win the cyber security war in 2017? Organizations may choose to arm themselves with the strategic approach that has worked for high-performing organizations, including identity management and authentication, web application firewalls and encryption for data at rest.
By Ryan Wilson, Chief Technology Officer, Security, Scalar Decisions Inc. | March 1, 2017
5 min read
There are many ways in which technology can help insurers, but they need to be able to respond quickly and not be so “old school,” panelists at a recent conference told industry professionals. “I think there is lots of room for innovation” in the insurance industry, suggested Alice Keung, chief information officer of Economical Insurance, […]
By Greg Meckbach | March 1, 2017
There is an increased interest in using captives to cover cyber risk. With cyber risk changing so rapidly, contributing to making the risk difficult to underwrite, some industry experts expect that interest to grow.
By Greg Meckbach, Associate Editor | March 1, 2017
6 min read
Facing a potent combination of technological change, talent pressure and shifting customer expectations, Canada's property and casualty insurers will need to flex new organizational muscles to unlock the growth potential of innovation and customer-centricity.
By Janice Deganis, National Insurance Leader; and Steve Yendall, Insurance Advisory Leader, EY Canada | March 1, 2017
Competitors outside the property & casualty industry are trying to “bite away” at the P&C market, while fintech is starting to “emerge in spaces where banking isn’t,” a senior executive with a major insurer told industry professionals Tuesday. “Over the last year and a half we have seen a proliferation of fintech companies entering into […]
By Canadian Underwriter | March 1, 2017
Surveyed Canadians are becoming more vigilant about guarding against fraud, with the lion’s share of respondents taking measures to protect their personal information and three in 10 seeking help to ensure they are alerted should a fraud be under way. Almost all polled Canadians (91%) have taken steps to better protect their personal information, Equifax […]
By Canadian Underwriter | February 28, 2017
OTTAWA – The national spy service saw little risk to the personal privacy of Canadians in a self-penned evaluation of its secret data-crunching centre – a shadowy program now at the centre of intense controversy, newly released documents show. The Canadian Security Intelligence Service centre touched off a firestorm late last year when a judge […]
By Jason Contant | February 27, 2017
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
