Canadian Underwriter

Keyword
use cases

News InsuranceMarkets / CoveragesTechnology

Insurtech triggering transformation in personal lines: SMA

October 4, 2017 by Canadian Underwriter

New research out of the United States assessing 600 start-ups identified as relevant for personal lines insurers indicates these new players may fail, but they are having a tangible impact on the p&c insurance industry and how it delivers services,

News InsuranceTechnology

Data the engine for innovation to improve business, serve customers, speaker suggests

August 30, 2017 by Angela Stelmakowich

Organizations can be the driving force behind innovation that transforms their operations and helps them better serve customers, but those advances will increasingly rely on having a store of good data available, it was suggested Tuesday during the 5th Annual

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProductsTechnology

Global software company Symbility Solutions partners with Toronto’s DeepLearni.ng to bring AI to property insurance

August 2, 2017 by Canadian Underwriter

Global software company Symbility Solutions Inc. announced on Wednesday that it has entered into a new partnership with Toronto-based DeepLearni.ng to bring artificial intelligence (AI) solutions into property insurance. Symbility said in a press release that “by closely collaborating with

News InsuranceMergers and AqcuisitionsProductsTechnology

Applying blockchain technology could slash US$40 billion in costs for financial services: BIS Research

July 17, 2017 by Canadian Underwriter

Implementing blockchain technology could produce hefty cost savings in the billions of dollars annually for the financial services market, suggests a new report released Friday by Minnesota-based BIS Research. Characterizing blockchain as a revolutionary development, its application “could lead to

News InsuranceMarkets / CoveragesTechnology

Intel predicts autonomous driving will spur new ‘passenger economy’ worth US$7 trillion by 2050

June 2, 2017 by Canadian Underwriter

Technology company Intel Corporation is predicting that autonomous driving will cause a new “passenger economy” to emerge to support the idle time when drivers become riders, an economy that will be more than twice the size of the “sharing economy.”

News AssociationsInsuranceProductsTechnology

More data-based use cases likely offers greater shot at success for insurers exploring connected insurance: expert

May 24, 2017 by Canadian Underwriter

The greatest value to insurance industry players and their customers will likely not be realized without expanding the number of data-based use cases, Matteo Carbone, founder and director of the Connected Insurance Observatory, recently suggested. “Connected insurance is about gathering

News InsuranceMarkets / CoveragesTechnology

Worldwide spending on 3D printing to reach US$29 billion in 2020: International Data Corporation

January 12, 2017 by Canadian Underwriter

Worldwide purchases of 3D printers, materials, software, and related services are expected to experience a five-year compound annual growth rate (CAGR) of 22.3%, with revenues reaching US$28.9 billion in 2020, according to the International Data Corporation (IDC). Earlier this week,

News InsuranceMarkets / CoveragesTechnology

Global spending on 3D printing expected to surpass US$35 billion in 2020: International Data Corporation

August 12, 2016 by Canadian Underwriter

Global revenues for the 3D printing market are expected to reach US$35.4 billion in 2020, over twice the US$15.9 billion forecast for this year, according to a recent update to International Data Corporation’s (IDC) Worldwide Semiannual 3D Printing Spending Guide.