Tech
As the digital healthcare market continues to evolve, the insurance industry in Canada should consider gaps or exclusions in current policies and the need for a bespoke option. Digital healthcare will include a focus on two areas: From an insurance standpoint, the main issue is that exposures in this area span across multiple underwriting teams, […]
By Jason Contant | March 5, 2019
3 min read
Legacy systems have long been the scourge of the industry and they are one of the things standing in the way of artificial intelligence (AI) implementation, a speaker suggested last week at the Insurance-Canada.ca Technology Conference in Toronto. “There’s a bunch of legacy software out there, so we have to interact with legacy systems and […]
2 min read
PITTSBURGH – Companies testing autonomous vehicles in Pittsburgh will have to immediately report crashes resulting in any injuries as part of new guidelines announced Monday intended to boost public confidence in the testing after a deadly accident in Arizona last year. Karina Ricks, director of the city’s Department of Mobility and Infrastructure, said the city […]
By Greg Meckbach | March 5, 2019
Companies looking to undergo a digital transformation should follow the expression “more is not always better” when it comes to selecting system integrators and vendors, a speaker said Wednesday at the Insurance-Canada.ca Technology Conference in Toronto. During the transformation process, some companies may decide to have multiple different advisors or implementation partners, noted Firas Al […]
By Jason Contant | March 1, 2019
After several attempts to create a utopian state of broker-carrier data exchange, could the D/X Initiative be the tech breakthrough that commercial brokers have been seeking for decades?
By David Gambrill, Editor-in-Chief | March 1, 2019
8 min read
Need another reason to convince your clients to take a look at cyber insurance? One good starting point is keeping them informed on the latest cyber threats. One such risk is a new, darker strain of social engineering called “sextortion” that is emerging as an email threat for businesses. It involves cyber criminals engaging in […]
By Jason Contant | February 28, 2019
Using technology like artificial intelligence can help insurers attract the right people and keep them engaged, suggests the head of a major Canadian insurer. “It’s a tough talent market right now across the leading insurance markets in the world. Canada is no exception,” said Saad Mered, CEO of Zurich Canada. “We need to make sure […]
By Greg Meckbach | February 28, 2019
The insurance industry needs a “killer use case” for blockchain that all stakeholders can agree on before moving forward with more widespread adoption, a speaker suggested Wednesday at the Insurance-Canada.ca Technology Conference. “I think we are still on that journey of finding that killer use case where 75% of the market can say, ‘Wow! We […]
Chatbots are getting better at answering questions, and many Canadian insurers are taking a serious look at the technology, a fintech analyst said Tuesday. “Quite a few of the major insurers in North America are looking to chatbots as a way to enhance what they do,” Nick Maynard, a senior analyst for Juniper Research Ltd., […]
By Greg Meckbach | February 27, 2019
If you’re looking to automate at your brokerage or insurance company, scrutinize specific tasks, not entire jobs, recommends a blog from Harvard Business Review. There are three fundamental work characteristics that lend themselves to automation: While virtually all companies are wrestling and experimenting with automation, most are missing the benefits that come from deep and […]
By Jason Contant | February 26, 2019
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.
