Operations
More than half of your clients want to receive their insurance documents in paper format, according to IBAO.
By Jason Contant | October 5, 2022
3 min read
HR
Organizations that are able to digitally transform faster end up becoming more innovative in the long-term.
By Jason Contant | September 16, 2022
Tech
OTTAWA – A new academic analysis has identified at least 75 foreign digital operations of a malicious political or industrial nature directed at Canada since 2010 – from attempts to steal COVID-19-related research to the targeting of Uyghur human rights activists. The report by researchers at the University of Quebec at Montreal’s Observatoire des conflits […]
Insurtech investments fell by 79.6% in 2021, leading to job losses and tough economic conditions for the sector in the first half of 2022 thanks to a “combination of factors,” said GlobalData’s Deals Database. This follows after Gallagher Re found earlier this month that insurtech investment dropped by half in Q2 from the year prior, […]
By Alyssa DiSabatino | August 22, 2022
2 min read
Cyber insurers need to tread lightly when using cyber security rating scores — also known as outside-in security-risk assessments — because the data can be skewed and may mislead consumers into believing they’re more protected than they really are, said one cyber insurer. Cyber security ratings provide an “outside-in” view of a company’s overall […]
By Alyssa DiSabatino | July 21, 2022
Canadians who relocated during the pandemic are driving longer distances upon the return to work, a new Aviva Canada report shows.
By David Gambrill | June 30, 2022
Expect Canada’s solvency regulator to become more active in overseeing the P&C industry’s digital risks in the future.
By David Gambrill | June 27, 2022
Insurer fills key technology role to boost digital transformation.
By Phil Porado | June 9, 2022
1 min read
The industry’s heavy reliance on outdated legacy systems may be holding it back from modernizing, panellists note during a Canadian Underwriter webinar — and this could be a problem for attracting IT talent. “Legacy platforms are a big challenge for our industry,” says Trevor Wall, vice president of sales and distribution of business insurance at […]
By Alyssa DiSabatino | May 6, 2022
Millennial consumers are about twice as likely to buy insurance online, so the industry needs to make some major tech innovations to keep up with these changing expectations. More than that, communication between brokers and customers need to take a different form, says a young Sudbury, Ont., broker. “Buying policies or servicing policies online is […]
By Alyssa DiSabatino | April 12, 2022
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