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Huawei a small part of an ‘insurmountably hard problem’ of cybersecurity

May 22, 2019 by Greg Meckbach

The controversy over telecommunications equipment from Chinese manufacturer Huawei is just the tip of a large cyber risk iceberg, an Internet security expert warns. “The question is, should we trust the country in which the company whose products and services

News InsuranceTechnology

Insurtech launches exclusive line of insurance

May 22, 2019 by Jason Contant

An insurtech that positions itself as the first Canadian company to specialize exclusively in tenant insurance has launched after months of research and development. Montreal-based Allset launched last week, using a “matching” algorithm to compare the tenant’s needs to over

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Insurance Nexus today announced the opening of the Insurance Nexus Awards 2019

May 22, 2019 Insurance Nexus

CHICAGO, Il, May 22, 2019/insPRESS/ –  Designed to recognize genuine, truly innovative and meaningful approaches to excellence in the North American insurance arena, the Insurance Nexus Awards will be presented at an exclusive ceremony being held in Chicago on September

News BrokersClaimsInsuranceMarkets / Coverages

Why your clients may not be covered when there’s an active wildfire

May 21, 2019 by Jason Contant

With wildfire season already underway in Alberta and British Columbia, brokers will be looking at how insurance can help their clients mitigate any losses. But brokers and clients alike may not know that the ability to bind coverage could be

News InsuranceMarkets / CoveragesTechnology

Why rewards programs are a new cyber threat

May 21, 2019 by Jason Contant

If your client offers loyalty and rewards programs, they may want to keep a closer eye on securing these “non-traditional risk points” from cyber criminals. Earlier this year, several McDonald’s customers in Canada complained that criminals had breached their accounts

News AppointmentsInsurance

Fairfax chief financial officer died suddenly

May 21, 2019 by Greg Meckbach

David Bonham, chief financial officer of Fairfax Financial Holdings Ltd., died suddenly this past weekend, the Toronto-based company announced Tuesday. Fairfax is the corporate owner of Northbridge Insurance and several international property and casualty insurers, including OdysseyRe, Brit PLC, Allied

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CEP Sintra devient CEP Forensique

May 21, 2019 by Cynthia Galazzo

MONTREAL, QC, May 21, 2019/InsPress/ – CEP-Sintra, la plus grande firme d’ingénierie forensique au Canada, consolide sa présence sur le marché sous la nouvelle bannière CEP Forensique. Ainsi, l’entreprise souhaite simplifier et unifier son identité de marque sur tout le

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CEP Sintra becomes CEP Forensic

May 21, 2019 by Cynthia Galazzo

MONTREAL, QC, May 21, 2019/InsPress/ – CEP-Sintra, Canada’s largest independent forensic engineering firm, is consolidating its market presence under the banner of CEP Forensic. The change reflects continuing efforts to simplify the identity of its many locations, as well as

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CRU Expands Specialized CAT Response Capabilities

May 21, 2019 by CRU Adjusters

TORONTO, ON, May 21, 2019/insPress/ –  Kyle Winston, CEO of CRU GROUP, today announced the promotion of Mr. Jim Rich to lead two new specialized divisions within CRU’s market-leading Catastrophe Response organization – Flood Response and Wildfire Response. These new

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Rocky Cross Construction North DKI Appoints New Chief Operating Officer, Lory Perizzolo, CIP.

May 21, 2019 by DKI Canada

CALGARY, ALBERTA, May 21, 2019/InsPress/ – Rocky Cross Construction North DKI, today announced that Lory Perizzolo, CIP has joined the company as Chief Operating Officer. In his role as Chief Operating Officer, Lory Perizzolo will report to the President and

News BrokersInsuranceTechnology

Brokers await regulations on bank fintech changes

May 17, 2019 by Jason Contant

As the federal government drafts regulations related to recent Bank Act amendments, the Insurance Brokers Association of Canada (IBAC) is confident that the fundamental aspects of their position have been upheld. Bill C-74, which received royal assent in June 2018,

News InsurancePaid

Paid IoT Solutions and Claims Reductions

May 17, 2019 Eddy Solutions

At just after 10 am on an average Thursday morning, a 20-floor apartment building in downtown Toronto experienced a leak in their riser stack between the 5th and 6th floor. The leak was detected by an IoT sensor system, which