Brokers may be at risk of unintentionally exposing client data or other proprietary information when they’re not working from the office. But with much of the industry doing hybrid or remote work — and showing reluctance to return to the…
Ransomware attacks continued their rise in the first half of 2017, up by 50% over the first half of 2016, but accidental breaches continue to be a major problem and account for 30% of breaches overall, specialist insurer Beazley reported…
It’s a vital market for Canada, but it’s also a country struggling with faith versus secularism, refugees and tensions with its neighbours.
The Canadian branch of Great American Insurance Company is offering consumers coverage intended to supplement federal Employment Insurance benefits through brokerage BFL Canada Risk and Insurance Services Inc., BFL announced Thursday. BFL is selling the Great American coverage, dubbed SalaryGuard,…
NEW YORK – The unprecedented hack of Sony Pictures which a U.S. official says is linked to North Korea may be the most damaging cyberattack ever inflicted on an American business. The fallout from the hack that exposed a trove…
Are we letting bad guys off the hook?
The latest demographic analysis from the Insurance Institute of Canada offers, by turns, good news and not-so-good news. However, lower-than-anticipated retirements mean recruitment and retention will need to increase substantially in future.
Insurance to value (ITV) data problems are now widely known in the insurance industry, but new technology services want to fill the void left by undervaluation. The goal of these “data validation” tools is to shrink the gap between valuations and premiums, by giving brokers easily accessible information at the point of sale and comparing building calculations to actual losses. Many brokers are on board, but the bigger question may be: are insurance companies interested?
Opinion/Analysis; The financial problems we are experiencing now have a number of historical roots, including changes to ownership of public corporations.
Kidnapping company representatives for ransom has become a modern-day scourge, and kidnap and ransom insurance policies are quietly offering victims a way out.
Using the model of a claims performance cube, carriers can leverage their technology to increase customer satisfaction
Defence counsel say punitive damage awards are limited only by the scope of the plaintiff bar’s imagination