Topic
Insurance
Keal Technology delivers e-doc solution to Intact brokers
August 2, 2012 by Canadian UnderwriterIntact Insurance and Keal Technology have taken another step forward in the development of an electronic document (e-doc) solution that will help brokers serve clients more easily and efficiently. The Intact-Keal e-doc allows brokers to download policy information of their…
Keal Technology to Deliver CSIO Compliant e-doc Solution to Intact Insurance Brokers
August 2, 2012 Keal TechnologyTORONTO— July 30, 2012 —Intact Insurance and Keal Technology, a leading provider of broker management systems, have completed the development of an electronic document (e-doc) solution that will allow brokers to download policy information of their personal lines clients insured…
Intact’s net operating income reaches $180 million in 2012 Q2
August 1, 2012 by Canadian UnderwriterImproved underwriting performance, growth in insurance portfolio and higher investment income helped Intact Financial Corporation reach $180 million in net operating income for 2012 Q2, up $85 million from the same quarter in 2011. “The initiatives we undertook over the…
Ontario safety blitz launched to combat distracted driving
August 1, 2012 by Canadian UnderwriterTraffic safety partners in Ontario are reminding the public of the importance of remaining focused behind the wheel with the launch of an anti-distracted driving campaign. The South Central Ontario arm of the Canadian Automobile Association (CAA SCO), Ontario’s Ministry…
Methodology must acknowledge differences between traditional insurance and banking: think-tank
August 1, 2012 by Canadian UnderwriterAn insurance economics think-tank recommends revisiting proposed criteria designed to prevent destabilization of the financial system should a very large insurer collapse, including reversing the view that certain situations are detrimental. The comments were made as part of The Geneva…
EZ-Docs enhancement supports broker efficiency
August 1, 2012 by Canadian UnderwriterRSA is now successfully transmitting live policy documents to a broker system using the Centre for Study of Insurance Operations’ (CSIO) latest XML standards, a move meant to enhance broker efficiencies and streamline workflows. Brokers currently using RSA’s EZ-Docs tool…
Auto theft rate in Quebec continued to fall in 2011
July 31, 2012 by Canadian UnderwriterThe rate of auto theft continued its downward trend last year in Quebec, dropping 64% over the last decade, note new figures from the Groupement des assureurs automobiles (GAA). The theft rate (theft of whole vehicle) is 0.20% for all…
B.C. privacy watchdog probes licence plate recognition program
July 31, 2012 by Canadian UnderwriterA technology meant to help in the war on auto theft has come under fire, launching a review by the Office of the Information & Privacy Commissioner for British Columbia. Commissioner Elizabeth Denham says her office is now reviewing automatic…
Layne Gardner joins Malik, Giffen & Burnett Claims Consultants Inc.
July 31, 2012 by Canadian UnderwriterMalik, Giffen & Burnett Claims Consultants Inc. (MGB) has named Layne Gardner as the specialized adjusting firm’s new executive general adjuster. Gardner, who joined the firm effective July 11, brings to the position more than a decade of experience as…
ISB Canada appoints Craig Smith as vice president of sales and marketing
July 31, 2012 by Canadian UnderwriterISB Canada has announced the appointment of Craig Smith to the position of vice president of sales and marketing. With almost 30 years in the insurance industry, Smith has held various senior positions at a principle insurer, as well as…
Home businesses demand specific insurance considerations
July 31, 2012 by Canadian UnderwriterIt is best not to assume that a home insurance policy offers adequate protection for a person whose home serves as both a place to live and a place to work. “If anyone, from a messenger to a customer, is…
Statistics Canada reports break-ins and auto theft decreased in 2011
July 30, 2012 by Canadian UnderwriterStatistics Canada notes that police-reported, non-violent crimes such as break-ins and auto theft declined last year. “Police reported more than 181,000 break-ins in 2011,” Statistics Canada reported in its July 24 issue of The Daily. “The rate of break-ins was…