Canadian Underwriter

Keyword
Data

Cloud computing and server room. Row of computers cabinets aligned in a futuristic data center server room, illuminated by dark blue light at night. Servers are linked by a cloud shaped set of icons with symbols of services, activities and data driving a computer network and cloud computing cyberspace. Internet of Things and technology innovation. No people. Digitally generated image. Blue background.
News InsuranceLegalTechnology

IoT botnets present unmanageable cyber security risk: Juniper Research

January 23, 2017 by Canadian Underwriter

The scale of embedded connectivity could lead to an unmanageable cyber security risk created by botnets, Juniper Research Limited cautioned Monday in releasing data indicating the consumer Internet of Things (IoT) installed base will reach 15 billion-plus units by 2021.

2017 push button. Concept of new year, two thousand seventeen.
News AssociationsCommercial LinesInsuranceLegislation / RegulationPersonal LinesTechnology

Wider mandate for Ontario’s auto insurance regulator would be welcomed

January 19, 2017 by Angela Stelmakowich

A wide mandate for the body regulating Ontario’s auto insurance sector – one that promotes competition, innovation and responsiveness – would be welcomed, Karin Ots, senior vice president of regulatory and government relations for Aviva Canada, suggested Thursday during a

business woman touching virtual screen, pushing icon on media
News InsuranceProfessional DevelopmentTechnology

More than 40% of data science tasks will be automated by 2020: Gartner

January 16, 2017 by Canadian Underwriter

More than 40% of data science tasks will be automated by 2020, resulting in increased productivity and broader usage of data and analytics by “citizen data scientists,” according to Gartner, Inc. Gartner, a Stamford, Conn.-based information technology research and advisory

car accident
News InsurancePersonal Lines

2016 deadliest year on Manitoba roads in a decade: MPI

January 12, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) reported on Wednesday that it has recorded the deadliest year on provincial highways in a decade. Based on preliminary data, there were 101 fatal collisions on public roadways in Manitoba in 2016, resulting in the deaths

Digital data and eye
News InsuranceMarkets / CoveragesTechnology

Seven of 10 global consumers would welcome robo-advice for banking, insurance and retirement services: Accenture

January 11, 2017 by Canadian Underwriter

Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their insurance, banking and retirement planning, according to a new report by Accenture. The 2017

News CatastrophesClimate ChangeInsuranceTechnology

Research on earthquakes, tsunamis and climate change to benefit from federal investment of $46.6 million to Ocean Networks Canada

January 10, 2017 by Canadian Underwriter

The federal government has provided a five-year $46.6 million investment to the University of Victoria’s (UVic) Ocean Networks Canada (ONC) to support its continued research and development. ONC pioneers ocean observatories that stream live data 24/7 to researchers across Canada

rideshare-algorithm-nyc-mit-csail_0
News Commercial LinesInsuranceMarkets / CoveragesPersonal LinesTechnology

Carpooling apps could reduce traffic 75% in New York City and help with pollution, energy usage: MIT study

January 6, 2017 by Canadian Underwriter

Using carpooling options from companies like Uber and Lyft could reduce the number of vehicles on the road in the New York City by a factor of three without significantly impacting travel time, according to a new study from the

News Climate ChangeInsuranceLegislation / RegulationMarkets / Coverages

Sustainability in insurance gaining steam: KPMG speaker

December 9, 2016 Jason Contant, Online Editor

Although the issue of sustainability in insurance is a relatively new concept in Canada, it is one that is gaining ground throughout the world, a speaker said on Wednesday at KPMG’s 25th Annual Insurance Conference. Houston Cheng, consulting actuary and

Businessman placing wooden block on a tower. Risk and strategy in business concept
News Commercial LinesInsuranceLegalLegislation / RegulationTechnology

Growing trend toward seeking punitive, personal legal action against corporate leaders: AGCS

November 28, 2016 by Canadian Underwriter

New and emerging risks are putting corporate leaders under more pressure of falling foul of investigations, fines or prosecution over alleged wrongdoing, notes a new global report issued Monday by Allianz Global Corporate & Specialty (AGCS). “There is a growing

Control panel detail of a row of server cabinets with a computer network and digital displays full of data and numbers, and blue blinking lights and leds,  arranged in a rows around an aisle.  Servers are connected by a cloud shaped set of icons with symbols of services, activities and data driving a computer network and cloud computing cyberspace.  Communicating through the Internet of Things. Room is illuminated by blue light.
News Commercial LinesInsuranceLegalMarkets / CoveragesPersonal LinesTechnology

Canadian business executives report not doing enough to protect data, security concern over migrating to the cloud persists: Microsoft Canada

October 31, 2016 by Angela Stelmakowich

Skepticism over security when migrating to the cloud was voiced by almost six in 10 Canadian senior-level business leaders taking part in a Microsoft Canada Inc. survey. In all, 58% of the 711 respondents from the private and public sectors

Rope bridge
News CatastrophesInsuranceMarkets / CoveragesReinsurance

Insurance industry must work to reduce protection gap, burden on governments

October 25, 2016 by Canadian Underwriter

The insurance industry needs to capitalize on its unique risk understanding to reduce the financial burden on governments in light of “the daunting scale of the protection gap,” Nick Frankland, CEO of EMEA operations for Guy Carpenter & Company, LLC,

digital computer blockchain isolated on white
News InsuranceMarkets / CoveragesReinsuranceTechnology

Aegon, Allianz, Munich Re, Swiss Re and Zurich launch blockchain initiative B3i

October 19, 2016 by Canadian Underwriter

Five insurers and reinsurers – Aegon, Allianz, Munich Re, Swiss Re and Zurich – have launched the blockchain insurance industry initiative B3i, aimed at exploring the potential of distributed ledger technologies to better serve clients through faster, more convenient and