Keyword
emerging technologies
Why Canadian companies need to ‘digitally upskill’ their staff
August 2, 2018 by Jason ContantWhile a majority (85%) of Canadian organizations are investing in emerging technologies, few of them are managing the risks associated with technology, such as cybersecurity threats and lack of talent, a recent PwC Canada report has found. The Full Risk…
Technological change and cyber risk overtake regulation as top risks for global insurers: study
May 31, 2017 by Canadian UnderwriterThe global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector, released on Tuesday. The Centre for the Study of…
Canadians want more regulatory review of emerging technologies: Accenture
May 25, 2017 by Canadian UnderwriterCanadians prioritize regulatory reviews of drones, autonomous vehicles and online user agreements above those of other emerging technologies, according to new research from global professional services company Accenture. For the research, an Ipsos I-Say panel interviewed a sample of 1,003…
Insurtech funding in Q1 2017 sees 64% drop from Q1 2016 to US$283 million: Willis Towers Watson Securities
May 2, 2017 by Canadian UnderwriterInsurtech funding in the first quarter of this year saw funding volume of US$283 million, a 64% drop from the first quarter of 2016’s total of US$783 million, likely the result of “start-ups moving from fundraising to product launch stage,”…
Artificial Intelligence set to transform insurance industry, but integration challenges remain: Accenture
April 19, 2017 by Canadian UnderwriterArtificial 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…
Cybersecurity, privacy, infrastructure management and emerging technologies rank as top tech challenges: survey
February 4, 2017 by Canadian UnderwriterCybersecurity and privacy issues, along with infrastructure management and emerging technologies, rank as the top technology challenges organizations face today, according to a survey report from global consulting firm Protiviti and ISACA, a global business technology professional association for IT…
Emerging technologies still discussed more than deployed by U.S. insurers, but balance is shifting: Novarica
January 12, 2017 by Canadian UnderwriterWhile “hot” topic areas like social media, mobile, analytics, big data, cloud, digital and Internet of Things (IoT) are still discussed more than they are deployed in most cases in the insurance industry in the United States, the balance is…
Claims systems transformation requires rethinking metrics, processes and role of emerging tech: Novarica
November 16, 2016 by Canadian UnderwriterBefore setting out on claims transformation efforts, property and casualty insurers should establish clear strategic goals and success metrics, consider the ways in which the claims process is changing and understand the potential impact of emerging technologies like medical analytics…
Advanced analytics and other emerging technologies revolutionizing public sector agencies: Accenture
November 16, 2016 by Canadian UnderwriterAdvanced analytics and other emerging technologies are revolutionizing the way governments and public service agencies are trying to address citizen demands, helping to overcome persistent challenges such as regulatory compliance, outdated legacy IT infrastructures and organizational cultures, according to a new…
Success for insurers involves “dramatic” transformation of workforces and cultures for digital world: Accenture study
April 26, 2016 by Canadian UnderwriterInsurers who succeed will “do so by dramatically transforming their workforces and cultures to operate in a digital world,” according to a report released on Tuesday by Accenture, a global professional services company providing a broad range of services and…