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Optimum General obtains CSIO certification for commercial lines eDocs

April 20, 2017 by Canadian Underwriter

The Centre for Study of Insurance Operations (CSIO) has announced that Optimum General Inc. has obtained CSIO certification for commercial lines eDocs. Optimum is now CSIO eDocs-certified for both of its lines of business, as the company obtained certification for

Feature Climate Change

Measuring Extremes

April 1, 2017 Caterina Lindman, Chair, Climate Index Working Group; and Doug Collins Chair, Climate Change Committee

An updated North American climate index shows an increase in the occurrence of extreme weather events in Canada. A number of Canadian regions are among those with the highest index values, indicating the largest deviations in extreme weather events and sea levels from historical values. How can this information help inform the risk management strategies of Canadian insurers and others?

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Driverless cars to “revolutionize” motor insurance as liability shifts towards manufacturers: Fitch

March 8, 2017 by Canadian Underwriter

Widespread adoption of autonomous vehicles will completely transform the motor insurance sector in the long-term as liability shifts towards manufacturers and the traditional risk pool shrinks, Fitch Ratings said in a new report on Wednesday. Simply put, insurers will be

News Commercial LinesInsurancePersonal LinesTechnology

IBM and Majesco form five-year partnership to accelerate new global insurance services

October 3, 2016 by Canadian Underwriter

Technology company IBM announced on Monday a five-year partnership with Majesco – a global provider of core insurance software, consulting and services for insurance business transformation – to jointly offer a new cognitive, cloud-based platform to help insurance carriers worldwide