Keyword
telematics
What carriers are offering auto customers seeking lower premiums
September 1, 2023 Philip PoradoCar thefts are way up in Canada and that’s got the attention of property and casualty (P&C) insurers. Thefts have risen particularly fast in the greater Toronto area, Montreal and some other parts of Quebec, noted Paul Gilbody, SVP operations…
How brokers can help curb distracted driving
April 26, 2023 by David GambrillEditor’s Note: This article has been updated show 83% would be motivated to stop distracted driving behaviours if offered an insurance discount, and has updated Paul Stone’s title. Brokers can help put a stop to distracted driving by making…
Facility’s newest approach for cracking down on trucker misrepresentations
March 22, 2023 by Alyssa DiSabatinoFacility Association (FA) is implementing a telematics program in Alberta that will collect geographic information on its participants to help ensure their premiums accurately reflect their risk. The programs allows FA the side-benefit of seeing who’s misrepresenting where they’re headquartered…
How telematics may help Alberta truckers’ rates
February 9, 2023 Philip PoradoWith an eye toward improving driving habits, Facility Association (FA) announced the launch of a telematics program for truck drivers in Alberta, effective May 1, 2023. It said the program’s objective is to help drivers and operators correct poor driving…
Do Canadians want to buy insurance from their car manufacturers?
January 6, 2023 by Alyssa DiSabatinoJust over a quarter (27%) of Canadian consumers are very or somewhat interested in purchasing car insurance directly from their manufacturers, a recent Deloitte survey found. When asked what they saw as the primary benefits, almost half (47%) of interested…
Insurers urge trucking fleets to use telematics data more proactively
November 17, 2022 by David GambrillInsurance companies are looking for truck fleets to manage their telematics data more proactively through the development of individual driver scorecard programs. “Insurance companies expect that [trucking fleets] don’t just have the [telematics] technology, but they’re doing something with the…
New program aims to bring high-risk drivers back to standard market
July 22, 2022 by Alyssa DiSabatinoFacility Association (FA) is launching a video-enabled telematics program for Ontario taxi drivers, and it may see participants earn their way back to the standard market. The program, effective Dec. 1, 2022, is meant to help drivers improve their driving…
What the post-pandemic commute means for auto insurers
June 30, 2022 by David GambrillCanadians who relocated to suburban and rural areas to work during the pandemic are driving longer distances upon returning to work, and plan to use their cars for the work commute more often in the future, a new Aviva Canada…
Paid How Consumers Can Be in the Driver’s Seat When It Comes to their Auto Insurance
June 1, 2022 Phil Gibson; EVP and Managing Director, Personal Insurance, Aviva CanadaWith warmer weather, many of us are thinking of spending more time outdoors, and for some this includes taking a cross country road trip. We’ve noticed that driving activity has been returning to pre-pandemic levels, and with inflation and gas…
Where Aviva Canada CEO sees commercial and auto lines heading
March 2, 2022 by Jason ContantPressures on commercial insurance rates will continue for the near future, but there will still be opportunities to write new business, says Jason Storah, CEO of Aviva Canada. As for auto lines, it remains to be seen how driving levels…
How far telematics can reach in assessing risk
April 26, 2021 by Jason ContantThe use of telematics is expanding beyond traditional vehicles and tracking methods to increasingly focus on contextual risk, a speaker said Friday at the InsurTech North virtual conference. Traditional telematics devices measure driving behaviours such as speed, time of day…
Video-based telematics? Car subscription services? The future of auto insurance is already here
April 23, 2021 by Jason ContantIncreased use of video-based telematics in the commercial fleet space, as well as the evolution of car subscription services, are just two ways in which the Canadian insurance market could change over the next few years. Panellists discussed their predictions…