Topic
Technology
This Canadian claims vendor could be bought by CoreLogic
November 20, 2018 by Greg MeckbachCalgary claims software vendor Symbility Solutions Inc. is one step closer to being taken over by property risk data provider CoreLogic Inc. Shareholders of the publicly-traded Symbility will meet Dec. 13 to vote on a $160-million acquisition offer by CoreLogic. Symbility’s…
How fraudsters can dupe even tech-savvy risk analysts
November 20, 2018 by Jason ContantThink it’s just your clients that can get tricked into revealing personally identifiable information (PII)? Not always. A recent experiment has shown that even tech-savvy individuals are willing to provide PII without due diligence. A Vancouver-based global identity and business…
The Top 3 risk concerns for Canadian executives
November 19, 2018 by Jason ContantBusiness executives in Canada and the United States say economic risk (21%) is their primary concern, followed closely by cyber risk (20%) and technology risk (16%). CNA Hardy released its first global Risk and Confidence Survey Monday. While over two-thirds…
The Co-operators Duuo could go ‘way beyond home share’
November 15, 2018 by Greg MeckbachMore Insurtech products – in addition to coverage for overnight home rentals – could be coming down the pipe from the recently-launched Duuo, a speaker with Slice Labs Inc. reports. Coverage for homeowners listing their place on sites like Airbnb…
Applied TAM Introduces Integration with CSIO’s My Proof of Insurance eDelivery Solution
November 15, 2018 by CSIO (Centre for Study of Insurance Operations)TORONTO, ON, NOV. 15, 2018/insPRESS/ – The Centre for Study of Insurance Operations (CSIO) is pleased to announce that Applied has launched its integration with CSIO’s My Proof of Insurance eDelivery solution in Applied TAM in its latest general release. The My Proof of…
What led to massive Nova Scotia privacy breach
November 14, 2018 THE CANADIAN PRESSHALIFAX – An investigation by Nova Scotia’s privacy commissioner says health officials have been caught “snooping” on personal health records, something she says is a serious invasion of privacy and a prosecutable offence. In an annual report released Wednesday, commissioner…
What to consider when tempted by a ‘shiny’ tech tool
November 13, 2018 by Greg MeckbachBefore deciding whether to buy the latest and greatest technologies, a broker need to understand what problem that technology is actually going to solve, speakers said during a recent technology conference. “A lot of people are trying to sprinkle insurtech…
Breach notification law calls for some ‘major adjustments’
November 13, 2018 by Greg MeckbachThe Canada-wide data breach law, which has been in effect for two weeks, is pushing businesses manage cyber risk more effectively, a computer security expert says. The federal Digital Privacy Act makes it mandatory for clients to disclose data breaches…
A new technology that could reduce crash risk
November 12, 2018 by Greg MeckbachCould vehicle collision frequency drop once fifth-generation (5G) cellular wireless technology rolls out in Canada? 5G wireless can allow vehicles talk to each other, said Peter Linder, head of 5G marketing for North America at Telefonaktiebolaget LM Ericsson. “You can…
Three ways to improve document management
November 9, 2018 by Greg MeckbachBrokers moving towards a paperless office should watch how much time their staff spend scanning documents. “There is a big difference between scanning for personal use and scanning for business,” said Steve Oblin, senior marketing manager for Fujitsu Canada Inc.’s…
How Canadian insurers should price for their ‘silent cyber’ exposures
November 8, 2018 by David GambrillThe possibility exists of a global, widescale, multi-country cyber security breach. To get a true sense of their overall exposure, Canadian property and casualty insurers should be reviewing all of the policies they sell – not just dedicated cyber policies,…
Why cyber criminals may be targetting this Canadian bank
November 8, 2018 Armina Ligaya - THE CANADIAN PRESSTORONTO – The Canadian Imperial Bank of Commerce is one of the most commonly targeted brands used by cyberthieves in phishing attacks across North America, with a more than 600 per cent surge in fake email attempts in the third…