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Intact Ventures becomes strategic investor in Canadian IoT technology company Alert Labs

April 20, 2017 by Canadian Underwriter

Intact Ventures has made its first investment in Canada Alert Labs Inc., an Ontario provider of easy-to-install technology that offers residential and commercial property owners real-time water use, flood, leak, temperature and power alerts. Not only do the alerts generated

News InsuranceLegislation / RegulationProfessional DevelopmentTechnology

Sharing economy not fully served by insurance industry, but opportunity is there: Kovacs

April 9, 2017 Jason Contant, Online Editor

The sharing economy is not fully served by the insurance industry right now, but the opportunity is there, Paul Kovacs, founder and executive director of the Institute for Catastrophic Loss Reduction, said on Thursday at the CIP Society Symposium 2017.

News Commercial LinesInsuranceMarkets / CoveragesPersonal LinesTechnology

Satisfying unmet customer needs key to helping prevent disruption: CIP Symposium speaker

April 7, 2017 Jason Contant, Online Editor

If the insurance industry doesn’t start meeting unmet customer needs and responding to trends like the sharing economy, new entrants will likely continue to disrupt the industry, attendees to the CIP Society Symposium 2017 heard on Thursday. “The big risk

News Commercial LinesInsuranceLegislation / RegulationPersonal LinesTechnology

Intact’s commercial ridesharing insurance policy gets green light in Ontario

July 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to

News InsuranceLegislation / RegulationPersonal LinesTechnology

Aviva Canada, Pembridge Insurance offer personal coverage for ridesharing drivers in Alberta

July 2, 2016 by Canadian Underwriter

Aviva Canada and Pembridge Insurance have become the latest insurance companies to offer personal coverage for ridesharing drivers in Alberta. On Tuesday, the government of Alberta announced a new insurance policy for transportation network companies (TNCs) licensed in the province.

News Commercial LinesInsuranceLegislation / RegulationMarkets / CoveragesPersonal Lines

Alberta’s new insurance policy for TNCs a first for a Canadian province, policy available July 1

June 30, 2016 by Canadian Underwriter

A new insurance policy for transportation network companies (TNCs) is available to insurance firms licensed in Alberta as of July 1, in line with the provincial government’s recently announced TNC framework geared at promoting fairness and road safety. The insurance