Canadian Underwriter

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Insurance


News BrokersInsurance

How brokers personally assist during floods

May 2, 2019 by Jason Contant

The flooding last year in Grand Forks, B.C. was a prime example of how an insurance broker provides more than just policy advice and advocacy when disaster strikes. A broker could provide money upfront for additional living expenses, emotional support

News Insurance

2018 ‘not a good year’ for Canadian P&C insurers: IBC

May 2, 2019 by Greg Meckbach

Weak investment results and problems with auto insurance in most provinces were among the factors leading to a bad year for insurers in 2018, Insurance Bureau of Canada’s chairman suggests. “Last year was not a good year for the property

News InsuranceTechnology

How smart speakers could ruin your reputation

May 2, 2019 by Jason Contant

Connecting consumers with brokers and insurers through voice technology has already begun, but a new blog from Harvard Business Review is warning companies that their reputation could be at risk. The blog was written for general business audiences, but included

insPRESS Insurance

CSIO Welcomes ProNavigator as Latest Software Vendor Member

May 2, 2019 by CSIO (Centre for Study of Insurance Operations)

TORONTO, ON, May 2, 2019/insPRESS/ – CSIO is pleased to announce the addition of ProNavigator as its newest vendor member. Founded in 2016, Waterloo-based ProNavigator empowers property and casualty insurers and brokers to better support customer interactions through practical applications

News InsuranceTechnology

Why it’s hard for insurers to price cyber risk

May 1, 2019 by Greg Meckbach

It’s hard for an insurance company to price cyber because clients are reluctant to report losses, industry experts suggest. “You need historical incidents to understand the types of events out there,” Scott Stransky, assistant vice president and principal scientist in

News AdjustersCatastrophesInsurance

How Quebec floods are challenging adjusters

May 1, 2019 by Greg Meckbach

Many homes flooded in Sainte-Marthe-sur-le-Lac, Que. will be total losses and may not have overland flood coverage, a vice president for an independent adjusting firm suggests. Claims adjusting firm ClaimsPro is involved in about 2,000 flood claims from April in

News InsuranceMarkets / CoveragesRisk

Tips for your cyber clients on creating stronger passwords

May 1, 2019 by Jason Contant

Brokers advising their clients on cyber security should inform them that re-using passwords – or using passwords in the first place – is not the best practice. “Passwords still have their use, but not as a way to uniquely verify

News AdjustersClaimsInsuranceLegislation / Regulation

Regulator allows out-of-province adjusters into Quebec

May 1, 2019 by Jason Contant

Quebec’s financial regulator has temporarily relaxed some of its rules to allow out-of-province adjusters into the province to help deal with a large number of claims. The Autorité des Marchés Financiers (AMF) announced the change before the province began experiencing

insPRESS Insurance

James Kozak Joins DKI Canada as Director – Western Region

May 1, 2019 by DKI Canada

TORONTO, ON MAY 1, 2019 /insPRESS/ -Chris Schmidt, CEO of DKI Canada, is very pleased to appoint James Kozak as the Director – Western Canada. James brings a wealth of knowledge and experience to DKI Canada with over 10 years insurance industry.

insPRESS Insurance

FIRST Canada announces another insurance industry first: Request Pay

May 1, 2019 by FIRST Insurance Funding of Canada

TORONTO, ON, May 1, 2019/insPRESS/  –  FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in payment solutions, in collaboration with Kixpay, announced today the launch of Request Pay, a broker-initiated payment request that gives brokers even more control over

insPRESS Insurance

FIRST Canada offers support to the areas affected by the floods in Canada

May 1, 2019 by FIRST Insurance Funding of Canada

> Voir français ci-dessous TORONTO, ON, MAY 1, 2019 /insPRESS/ – For insureds directly impacted by the floods, please contact us and we will work with you and your clients to make flexible payment arrangements. In addition, fees associated with

insPRESS Insurance

30 Forensic Engineering Promotes Djordje Miholjcic to Intermediate Associate within Collision Reconstruction Group

May 1, 2019 by -30- Forensic Engineering

TORONTO, ON, May 1, 2019 /insPRESS/ – 30 Forensic Engineering, Canada’s leading and fully-independent multi-disciplinary forensics firm, is pleased to announce the promotion of Djordje Miholjcic B.A.Sc., P.Eng. to Intermediate Associate within the Collision Reconstruction Group. For over a half