Keyword
IoT
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…
Internet of Things spending to reach US$1.29 trillion by 2020, insurance industry to see fast spending growth: report
January 5, 2017 by Canadian UnderwriterWorldwide spending on the Internet of Things (IoT) was forecast to reach US$737 billion in 2016 and grow at a compound annual growth rate (CAGR) of 15.6% from 2015-2020 to US$1.29 trillion, according to the International Data Corporation (IDC). The…
Increased cyber espionage, data integrity attacks part of global threat landscape in 2017: Stroz Friedberg
January 5, 2017 by Canadian UnderwriterTop cyber threats in the coming year include nation state cyber espionage, a rise in data integrity attacks and more attacks harnessing Internet of Things (IoT) devices, Stroz Friedberg, an Aon company, notes in its 2017 Cybersecurity Predictions report. “We…
Telematics subscribers using embedded systems to reach 170 million worldwide by 2021, from 26.5 million at the end of 2015: report
December 21, 2016 by Canadian UnderwriterThe number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 36.4% from 26.5 million subscribers at the end of 2015 to 170.2 million subscribers at the end of 2021, according to…
50% of citizens in large cities will share personal data with smart city programs by 2019: Gartner
December 16, 2016 by Canadian UnderwriterHalf of citizens in million-people cities will benefit from smart city programs by voluntarily sharing their personal data by 2019, according to new research from Gartner Inc., an information technology research and advisory company based in Stamford, Conn. Gartner noted…
Evolving technology expected to introduce new cyber threats, broadened attacks: Trend Micro
December 7, 2016 by Canadian UnderwriterThe coming year is expected to witness evolving technology that introduces new cyber threats and attacks that broaden and differentiate to penetrate new vulnerable surfaces, suggests a report issued Wednesday by Trend Micro Incorporated. The expectation is 2017 “will include…
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…
Half of smart city objectives will include climate change, resilience and sustainability key performance indicators by 2020: Gartner
November 10, 2016 by Canadian UnderwriterBy 2020, half of all smart city objectives will include climate change, resilience and sustainability key performance indicators (KPIs), Gartner, Inc., the Stamford, Conn.-based information technology research and advisory company reported. Cities are defining new objectives and placing them into…
IoT infrastructure investments to be covered by new industrial insurance
November 2, 2016 by Canadian UnderwriterRelayr is partnering with Hartford Steam Boiler (HSB), part of Munich Re, to develop customized insurance products to help relayr customers making Internet of Things (IoT) investments protect their return on those investments. Pointing out that that HSB has 150…
Autonomous cars will reach sales of 24 million units in 2030 from 0.2 million in 2020: research report
October 5, 2016 by Canadian UnderwriterThe first autonomous cars will debut in 2020, with the total number of new registrations forecasted to grow at a compound annual growth rate (CAGR) of 62% from 0.2 million units in 2020 to reach 24 million units in 2030,…
Vulnerability allows printer watering hole attacks to spread malware: Vectra Networks
July 13, 2016 by Canadian UnderwriterResearchers at the Vectra Threat Labs have discovered a critical vulnerability in Microsoft Windows that enables attackers to gain system-level control over computers via infected or fake printer drivers to spread malware. “The vulnerability stems from a Windows process that…
Aviva Canada launches Pitch Day event; Aviva Ventures investing $180 million over five years in disruptive, high potential digital startups
June 20, 2016 by Canadian UnderwriterAviva Canada announced on Monday that it will host its first-ever Pitch Day event in Toronto on Oct. 11. Aviva Canada said in a press release that Aviva Ventures is investing $180 million over the next five years in “disruptive,…