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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.

News Climate ChangeCommercial LinesInsuranceMarkets / CoveragesPersonal LinesTechnology

Canada’s energy, utilities sectors should beef up climate change competency: report

January 13, 2017 by Canadian Underwriter

Companies in Canada’s most carbon-intensive sectors are not demonstrating “climate competency” in the boardroom and should be doing so to address climate change issues, suggests a report this week by Shareholder Association for Research & Education (SHARE). “Investors are increasingly

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

News Technology

Millennials interact with their banks more than Boomers; banks need to provide digital focus for all generations

December 1, 2016 by Canadian Underwriter

Mobile adoption is high among U.S. Millennials when it comes to retail banking, but so too is the likelihood of visiting a teller or calling a contact centre, reveals new research released Thursday by New York-based Bain & Company Inc.

News AssociationsInsuranceLegalLegislation / Regulation

Alcohol, drugs different, drug-impaired driving a growing concern: panel

September 22, 2016 by Angela Stelmakowich

Alcohol and drugs are different and approaches to addressing related impairment issues will likely need to be different as well, Doug Beirness, senior research associate with the Canadian Centre on Substance Abuse (CCSA), suggested Wednesday during a State Farm-sponsored event

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Climate change increased chances of record rains in Louisiana by at least 40%: NOAA and partners

September 7, 2016 by Canadian Underwriter

Human-caused climate warming increased the chances of the torrential rains that unleashed record flooding in southern Louisiana in mid-August by at least 40%, according to a team of National Oceanic and Atmospheric Administration (NOAA) and partner scientists with World Weather

News CatastrophesInsuranceLegislation / RegulationMarkets / Coverages

Drillers, regulators can lessen earthquakes likely caused by wastewater injection, new research reveals

August 29, 2016 by Canadian Underwriter

Actions taken by drillers and regulators can lessen risk in the case of earthquakes likely caused by the injection of industrial wastewater deep underground, according to new research from the U.S. Geological Survey (USGS) and the University of Colorado. While

News InsuranceMarkets / CoveragesTechnology

InsurTechs driving disruptive innovation in insurance customer engagement: U.S. report

August 24, 2016 by Canadian Underwriter

While the vast majority of surveyed insurance executives and InsurTech professionals in the United States are engaged in redesigning the customer experience, two-thirds do not have a full grasp of how evolving digital ecosystems can impact customer acquisition and customer

News InsuranceLegalMarkets / Coverages

Global market for professional indemnity insurance expected to reach US$40.5 billion by 2019: Finaccord

August 3, 2016 by Canadian Underwriter

The global market for professional indemnity (liability) insurance is on track to climb from its 2015 total of approximately US$36.2 billion in gross written premiums (GWPs) to US$40.5 billion by 2019, Finaccord reported Wednesday. Of the 2015 premium total, the

News AssociationsCatastrophesClimate ChangeCommercial LinesInsurancePersonal Lines

XL Catlin sponsors deep ocean survey to better understand climate change impacts

July 6, 2016 by Canadian Underwriter

XL Catlin will sponsor a new scientific survey to research the deep ocean, information from which will hopefully shed light on the potential impact of climate change and the risks that businesses, society and ecosystems will face in future. The

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Golf Fore a Cure on July 13th! Register today for WICC Ontario’s 2016 Golf Tournament

May 18, 2016 WICC Ontario

For the past 16 years WICC Ontario has been holding an annual golf tournament and this year we will be once again at the spectacular Angus Glen Golf Club in Markham.  In honour of WICC’s 20th Anniversary year, we will be

News InsuranceProfessional DevelopmentTechnology

IBM to teach Watson computer system “language of cybersecurity”

May 10, 2016 by Canadian Underwriter

IBM Security has announced that eight universities – including three in Canada – will help train its Watson computer system on the “language of security” as part of a year-long research project. Watson for Cyber Security, a new cloud-based version