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All generations in the United States except Millenials becoming more skeptical of self-driving technology: J.D. Power study

April 19, 2017 by Canadian Underwriter

With the exception of Millenials, all other generational groups in the United States are becoming more skeptical of self-driving technology, posing a threat to car manufacturers and technology developers, a new study from J.D. Power has found. The J.D. Power

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One in 10 polled Canadians admit to driving under the influence of marijuana, State Farm Canada survey finds

April 18, 2017 by Canadian Underwriter

One in 10 respondents to a recent State Farm Canada survey admit that they have driven under the influence of marijuana (45% within the past 12 months), but nearly half this group said they don’t believe marijuana impacts their ability

News InsuranceMergers and Aqcuisitions

Home purchase plans down overall, Millennials most optimistic group: RBC

April 11, 2017 by Canadian Underwriter

A quarter of those taking part in a new RBC Royal Bank poll seem to be taking a “wait-and-see” approach to buying a home within the next two years, but the dip from 2016 is buoyed by Millennials more willing

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ICBC examines anti-distracted driving technology

April 6, 2017 by Canadian Underwriter

The Insurance Corporation of British Columbia (ICBC) has posted a Request for Information (RFI) on BC Bid for market research and technology aimed at reducing distracted driving. The posting of the RFI, as part of ICBC and the government of

News Technology

Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada

March 29, 2017 by Canadian Underwriter

Polled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)

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Canadians believe businesses working to protect personal information, but cybersecurity concerns linger: fraud survey

March 27, 2017 by Canadian Underwriter

There is a sharp drop in the number of Canadians expressing concern about identity theft this year compared to last year, and Canadian businesses are working to protect personal information of customers, a new survey conducted for the Chartered Professional

News Earnings / RatingsInsuranceReinsuranceTechnology

84% of polled insurance companies planning to make acquisitions in 2017: KPMG International

March 17, 2017 by Canadian Underwriter

The lion’s share of insurance companies taking part in a KPMG International-commissioned survey plan to make acquisitions in 2017, with most respondents saying their companies are being driven by need to transform business and operating models. The insurance sector looks

News InsuranceTechnology

Older drivers like active safety features, resist autonomous vehicles: Munich Re survey

March 15, 2017 by Canadian Underwriter

A new survey out of the United States exploring the sentiments of older drivers 65 and over shows about half of the respondents would not be comfortable riding in an autonomous vehicle, but they see great value in active safety

News Technology

Use of technology could help to enhance compliance efforts: KPMG LLP report

March 14, 2017 by Canadian Underwriter

The majority of chief compliance officers (CCO) in the United States taking part in a KPMG LLP survey are struggling to integrate and automate compliance activities across their organizations. Six in 10 polled CCOs report “their company’s technology infrastructure has

News InsuranceTechnology

Fraud vigilance increasing among polled Canadians: Equifax Canada

February 28, 2017 by Canadian Underwriter

Surveyed Canadians are becoming more vigilant about guarding against fraud, with the lion’s share of respondents taking measures to protect their personal information and three in 10 seeking help to ensure they are alerted should a fraud be under way.

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Half of polled Canadian businesses suspect or know their firms have been hit by fraud in last year

February 22, 2017 by Canadian Underwriter

New survey findings indicate a disconnect between how many Canadian businesses have experienced fraud in the last year and the high level of confidence among business and C-suite executives regarding their ability to prevent such incidents. Half of the Canadian

News InsuranceMarkets / Coverages

Aviva Canada launches homesharing insurance coverage across Canada

February 1, 2017 by Canadian Underwriter

Aviva Canada has announced that it is offering insurance coverage for homesharing across Canada, starting Feb. 1. Aviva Canada said in a statement on Wednesday that it is offering hosts two homeshare coverage options that can be tailored to meeting