Canadian Underwriter

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digital economy

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Augmented and virtual reality poised to impact insurance industry: Novarica

August 29, 2017 by Canadian Underwriter

Augmented and virtual reality each boast considerable potential for impact within the insurance industry, with implications spanning risk mitigation, improved efficiency and loss ratios and enhanced customer service, Novarica said in a new executive brief. While their effect will be

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AI, “transparently immersive experiences” and digital platforms three megatrends that will allow businesses to survive digitally: Gartner

August 15, 2017 by Canadian Underwriter

Artificial intelligence (AI) everywhere, “transparently immersive experiences” and digital platforms are the three distinct megatrends that will enable businesses to survive and thrive in the digital economy over the next five to 10 years, Gartner, Inc. has reported. The Stamford,

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Majority of global financial institutions to ramp up transformation initiatives over next year, Accenture survey finds

June 26, 2017 by Canadian Underwriter

An Accenture survey of nearly 800 financial services executives across Europe, Asia and North America found that more than half of financial institutions plan to increase their investments in major corporate transformation initiatives, or “change programs,” over the next 12

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Artificial Intelligence set to transform insurance industry, but integration challenges remain: Accenture

April 19, 2017 by Canadian Underwriter

Artificial intelligence (AI) will “significantly transform” the insurance industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Public Safety Canada launches public consultation on cybersecurity landscape

August 16, 2016 by Canadian Underwriter

Public Safety Canada (PSC) has launched a public consultation on the “evolving cybersecurity landscape.” On Tuesday, the federal government launched the Consultation on Cyber Security to help identify gaps and opportunities, bring forward new ideas to shape Canada’s renewed approach