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Cyber and data privacy breaches top risk for global transportation industry executives: Willis Towers Watson study

October 3, 2016 by Canadian Underwriter

The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers

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News AssociationsInsuranceLegislation / RegulationProfessional DevelopmentTechnology

Brokers’ challenges presenting opportunities: new IBAC president

October 1, 2016 Jason Contant, Online Editor

The issues facing the broker channel – such as the regulatory environment and technology – are collective, but the channel is strong together, Robert Harrison, new president of the Insurance Brokers Association of Canada (IBAC), said during the association’s annual

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News Commercial LinesInsuranceProfessional DevelopmentTechnology

Organizations starting to show greater openness to enlisting experts to help with cyber security: NICC speaker

October 1, 2016 Angela Stelmakowich, Editor

VANCOUVER – Cyber attackers are becoming increasingly sophisticated – employing better techniques and targeting information that could prove particularly damaging – but that may be balanced by a greater openness to use expertise and not go it alone, it was

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News InsuranceProfessional Development

Need to shift from focus on task to focus on customer: NICC speaker

September 30, 2016 Angela Stelmakowich, Editor

VANCOUVER – Attempts to become truly customer-centric will not be realized until insurers can shift away from an entrenched focus on task that erects barriers to more meaningful customer engagement, Barry Pokroy, leader of Farber Financial Group’s Circle & Square

News AssociationsInsuranceProfessional DevelopmentTechnology

50 Canadian brokerages score 100% on tech scorecard: CSIO

September 28, 2016 by Canadian Underwriter

The Centre for Study of Insurance Operations announced Tuesday it has identified 50 brokerages from across Canada as CSIO technology leaders. “These brokerages have been deemed top performers because they achieved a score of 100% on their CSIO technology scorecard

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News InsuranceProfessional DevelopmentTechnology

Focus on behaviours of Generation Z to digitally engage consumers, Kanetix conference hears

September 28, 2016 Jason Contant, Online Editor

Although insurers have often looked at the purchasing actions of Millenials, they would do best to start examining the behaviours of the following generation – Generation Z – to digitally engage their customers, attendees to the Kanetix Insights 2.0 conference

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News InsuranceMarkets / CoveragesProfessional Development

Lussier Dale Parizeau, Riverin Girard and Ouellet Fillion to merge

September 28, 2016 by Canadian Underwriter

An agreement has been reached to merge the operations of Lussier Dale Parizeau (LDP) and Riverin Girard & Associés and Ouellet Fillion, a move expected to enhance customer service and bolster LDP’s presence in Quebec. The deal was announced jointly

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News CatastrophesInsuranceMarkets / CoveragesProfessional Development

ICLR webinar to focus on challenges in understanding and projecting precipitation extremes

September 26, 2016 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) will be holding a webinar workshop on the challenges in understanding and projecting precipitation extremes. The webinar, part of the ICLR’s Friday Forum series, will be held on Friday, Oct. 14 from 10

News Commercial LinesInsuranceMarkets / CoveragesProfessional Development

Business interruption, property damage and general liability critical risks to global growth, new study finds

September 23, 2016 by Canadian Underwriter

Business interruption (BI) is the leading cause of losses for companies, multinational organizations and non-governmental organizations (NGOs) that operate outside the United States, according to a study released on Thursday by international insurance broker Clements Worldwide. The Clements Worldwide Risk

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News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Understanding potential disruptions to risk analysis, cost basis and distribution key to insurers’ strategies: Novarica

September 22, 2016 by Canadian Underwriter

Insurers need to understand potential disruptions to risk analysis and cost basis as well as distribution to effectively manage their strategies, suggested a new report from Boston-based research and advisory firm Novarica. The pace of technological change makes it a

News Commercial LinesInsuranceLegislation / RegulationProfessional Development

Zurich combines corporate, commercial businesses into single unit, appoints CEO of Commercial Insurance

September 21, 2016 by Canadian Underwriter

Zurich Insurance Group announced on Tuesday that it will combine its corporate and commercial businesses into a “single global business as part of its process to simplify and strengthen its organization.” The new unit, to be called Commercial Insurance, brings

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News InsuranceProfessional Development

CIP Society announces two established leader awards, one emerging leader for 2016

September 21, 2016 by Canadian Underwriter

Two brokerage executives and the chair of the Ontario Mutual Insurance Association are recognized by the Chartered Insurance Professionals (CIP) Society with national leadership awards, the Insurance Institute of Canada announced Wednesday. Robert Pearson, president and chief executive officer of