Topic
Products
Solution addresses staffing demands for claims management
June 14, 2018 by Jason ContantClaims adjusting firm Crawford & Company (Canada), Inc. has launched a staffing solution designed to place Crawford claims management professionals in-house at their clients’ place of business to meet staffing demands associated with unexpected leaves, influxes in work volume or…
Travelers offers HR advice for small business clients
June 12, 2018 by Jason ContantTravelers Canada has launched a new suite of services extending beyond insurance for small business customers. Legal assistance and human resources services will now be offered, at no extra cost, to help small business owners manage day-to-day activities fundamental to…
New cyber product covers pre-policy breaches, personal phone use for work
May 24, 2018 by Jason ContantAddressing two major gaps in cyber coverage for small to medium-sized businesses (SMEs) inspired the launch this week of Cyberboxx by new managing general agent (MGA) Boxx Insurance. CyberBoxx addresses: 1) breaches before the policy commencement date, and 2) employees…
New Ontario auto insurance product targets infrequent drivers
May 23, 2018 by Greg MeckbachOntario brokers will have a new auto insurance option for their auto customers this July with MyPace, a product intended for vehicles driven fewer than 9,000 kilometres per year, Canadian Automobile Association (CAA) officials said Wednesday. MyPace, which measures distance…
Do sophisticated water models select against smaller insurers?
May 22, 2018 by Jason ContantThe sophistication of technology for rating overland flood could conceivably lead to smaller insurers ending up with a disproportionate share of flood risks on their books in the event of a cat, which could spell trouble for consumers. Insurance Brokers…
New MGA promises to “redefine” cyber risk business in Canadian P&C market
May 22, 2018 by Jason ContantBoxx Insurance, a new managing general agent (MGA) based in Toronto, has launched its flagship product Cyberboxx to help customers comply with the new data privacy legislation expected to become law in November. Federal mandatory data breach regulations will take…
Economical set to roll out ‘full training’ to brokers on Vyne
May 10, 2018 by Greg MeckbachBrokers will soon be able to learn Vyne, Economical Insurance’s Guidewire-based computer system, touted as a way of administering insurance policies with less manual intervention. “Soon we will roll be rolling out full training to 22,000 brokers across the country,”…
Online tool allows brokers to cache data in BMS
May 7, 2018 by Jason ContantApplied Systems’ new IVANS Exchange online tool for Canadian brokers will include a feature that allows caching and housing of data in a broker management system (BMS) for 90 days. This allows brokerages to keep the data, even if their…
Storm surge coverage now available for first time
May 7, 2018 by Jason ContantThe Co-operators announced Monday that homeowners in British Columbia and Nova Scotia can now be insured for storm surge damage, calling the coverage the first and only of its kind in Canada. Storm surges are waves caused by storms and…
Crawford & Company (Canada) Inc. Introduces New Property Appraisal Services
April 25, 2018 Crawford & Company (Canada) Inc.TORONTO, April 25, 2018 /insPRESS/ – Crawford & Company (Canada) Inc. today announced the launch of property appraisal services within its Global Technical Services (GTS®) service line. Complementary to our comprehensive property loss management services for residential and commercial losses,…
Aviva just embedded earthquake coverage into B.C. home policies. Quebec could be next.
April 12, 2018 by Jason ContantAviva Canada is embedding earthquake coverage in all of its homeowner and tenant insurance policies in British Columbia, coverage that is typically offered as an endorsement. The insurer is also conducting a needs analysis to determine if it will introduce the…
New data translator to put brokers on same level as directs
April 9, 2018 by Jason ContantApplied Systems’ new “translation services” will provide broker data distribution as effectively as direct distribution and enable the broker channel to better compete, the software provider said Friday. Jeff Purdy, senior vice president of international operations with Applied, talked to…