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Canadian Underwriter, DMTI Spatial webinar on Feb. 15 to explore analytics, location intelligence in insurance

January 12, 2017 by Canadian Underwriter

Canadian Underwriter magazine and DMTI Spatial are offering a webinar Feb. 15th on advanced analytics and location intelligence. The webinar, scheduled at 10:00 a.m. Eastern time, is titled Adapting to Digital Disruptions: How Advanced Analytics and Location Intelligence Helps the

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Berkshire Hathaway Specialty Insurance enters marine insurance market in Canada

January 10, 2017 by Canadian Underwriter

Berkshire Hathaway Specialty Insurance (BHSI) announced on Tuesday that it is introducing inland and ocean marine insurance in Canada. John Evans, vice president of marine with BHSI, said in a press release that with Gord Rider, who was named senior

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Internet of Things spending to reach US$1.29 trillion by 2020, insurance industry to see fast spending growth: report

January 5, 2017 by Canadian Underwriter

Worldwide spending on the Internet of Things (IoT) was forecast to reach US$737 billion in 2016 and grow at a compound annual growth rate (CAGR) of 15.6% from 2015-2020 to US$1.29 trillion, according to the International Data Corporation (IDC). The

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Crawford & Company finalizes majority acquisition of WeGoLook

January 5, 2017 by Canadian Underwriter

Crawford & Company announced on Thursday that it has finalized its majority acquisition of WeGoLook LLC, an online and mobile collaborative economy platform headquartered in Oklahoma City. Crawford & Company, an independent provider of claims management solutions to insurance companies

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Hub International acquires Saskatchewan brokerage “association” Mainline Insurance Brokers Inc.

January 4, 2017 by Canadian Underwriter

Global insurance brokerage Hub International announced on Wednesday that it has acquired Canadian-based Mainline Insurance Brokers Inc., Indian Head Agencies (1980) Ltd., R&J McKay Agencies Ltd. and Cathedral Insurance Services (1995) Ltd. (together as Mainline). Terms of the acquisition were

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Brokerage tech adoption increases by 12% across Canada: CSIO

January 4, 2017 by Canadian Underwriter

Brokerage adoption of nine key technologies has risen by 12% across Canada to a new high of 69%, according to the Centre for Study of Insurance Operations (CSIO). The announcement on Wednesday kicks off the second year of CSIO’s Technology

News CatastrophesInsuranceMarkets / CoveragesProfessional DevelopmentTechnology

University of Toronto to offer “first in Canada” certificate in forensic engineering

January 4, 2017 by Canadian Underwriter

The University of Toronto (U of T) has announced that it will be offering a new certificate in forensic engineering, something the university calls a “first in Canada.” The U of T course is core to a new certificate in

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RIMS names Canadian risk manager Nowell R. Seaman as 2017 president

January 3, 2017 by Canadian Underwriter

RIMS, the risk management society, announced on Tuesday that Nowell R. Seaman will lead the society as its 63rd president for the 2017 term, which became effective Jan. 1. Seaman, RIMS-CRMP, FCIP, CRM, has been a member of RIMS for

Feature Professional Development

Career Mapping

January 2, 2017 Peter Hohman, President and Chief Executive Officer, Insurance Institute of Canada

Survey data indicates that more than three in four employees think there are good opportunities in the property and casualty industry, but more than one in four p&c professionals who left their jobs went into a different industry.

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Chubb expands suite of cyber loss mitigation services for Canadian and U.S. policyholders

December 22, 2016 by Canadian Underwriter

Chubb announced on Thursday an expanded suite of cyber loss mitigation services is now available to help the company’s policyholders in Canada and the United States reduce the impact and likelihood of a cyber incident. According to a press release

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BlackBerry creates autonomous vehicle innovation centre in Ottawa

December 20, 2016 by Canadian Underwriter

BlackBerry has announced the creation of the BlackBerry QNX Autonomous Vehicle Innovation Centre (AVIC). John Chen, executive chairman and CEO of BlackBerry Limited and Canadian Prime Minister Justin Trudeau unveiled AVIC on Monday. Housed within the BlackBerry QNX facility in

News Commercial LinesInsuranceProfessional DevelopmentReinsurance

Benefits of merging Fairfax and Allied World ‘far outweigh’ overlap in reinsurance: Fairfax Insurance COO

December 19, 2016 by Canadian Underwriter

The merger agreement announced Sunday by Toronto-based Fairfax Financial Holdings Ltd. and Allied World Assurance Company Holdings AG will give Fairfax a “rather different profile” of insurance business than it currently owns, but it is not clear what percentage of