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Executives want insurance decision-making to be faster: PwC report

June 29, 2016 by Canadian Underwriter

Executives want decision-making to be faster, especially in insurance, banking and healthcare, according to a report released earlier this week by PricewaterhouseCoopers (PwC). The 2016 Big Decision Survey, released on Monday, focused on how enterprises around the world, including Canada,

News InsuranceMergers and AqcuisitionsProfessional Development

Noraxis brokerages rebranding to Arthur J. Gallagher

June 28, 2016 by Canadian Underwriter

Several Canadian brokerages in the Noraxis group are rebranding to Arthur J. Gallagher, the Itasca, Illinois-based commercial brokerage announced Monday. The rebranding from Noraxis “marks another major milestone in Gallagher’s quest to become the leading insurance brokerage in Canada,” Arthur

News InsuranceLegalMergers and AqcuisitionsProfessional DevelopmentTechnology

Insider corporate data theft and malware infections among biggest threats to digital businesses in 2016: Accenture and HfS Research study

June 27, 2016 by Canadian Underwriter

Insider data theft and malware attacks top the list of the most significant concerns for global enterprise security executives, according to a new report from Accenture and HfS Research. The survey, titled The State of Cybersecurity and Digital Trust 2016,

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Ontario searching for first-ever Chief Digital Officer

June 24, 2016 by Canadian Underwriter

Ontario’s Ministry of Advanced Education and Skills Development announced on Friday that the province is kicking off a global search for its first Chief Digital Officer (CDO) to lead Ontario’s “transformation to become the most open, transparent and digitally connected

News InsuranceLegalMergers and AqcuisitionsProfessional Development

XL Group shareholders approve redomestication to Bermuda, High Court of Ireland hearing scheduled July 20

June 24, 2016 by Canadian Underwriter

The shareholders of XL Group plc have voted in favour of changing the company’s place of incorporation from Bermuda, the Dublin, Ireland-based insurance carrier announced Thursday. XL has been using the XL-Catlin brand for slightly more than a year, since

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Corporate “no-cloud” policies will be as rare as “no-Internet” policies by 2020: Gartner

June 22, 2016 by Canadian Underwriter

By 2020, a corporate “no-cloud” policy will be as rare as a “no-Internet” policy is today, according to a new report from information technology research and advisory company Gartner, Inc. Cloud-first, and even cloud-only, is replacing the defensive no-cloud stance

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Former Telus computer security expert launches cyber breach investigation provider

June 22, 2016 by Canadian Underwriter

A recently-launched Toronto-based firm, Cytelligence Inc., says it offers to investigate cyber breaches, review clients’ business continuity plans and take into consideration the “pros and cons of cyber insurance” for its clients. Cytelligence announced Wednesday it was launched by Daniel

News AssociationsInsuranceProfessional Development

Insurance Brokers Association of Canada announces departure of CEO Dan Danyluk

June 22, 2016 by Canadian Underwriter

The Insurance Brokers Association of Canada (IBAC) has announced in a press release dated Monday that its CEO, Dan Danyluk, has left the organization, effective immediately. “The board of directors wishes to thank Dan for his dedicated work both for

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Aviva Canada launches Pitch Day event; Aviva Ventures investing $180 million over five years in disruptive, high potential digital startups

June 20, 2016 by Canadian Underwriter

Aviva Canada announced on Monday that it will host its first-ever Pitch Day event in Toronto on Oct. 11. Aviva Canada said in a press release that Aviva Ventures is investing $180 million over the next five years in “disruptive,

News AssociationsInsuranceMergers and AqcuisitionsProfessional Development

Canadian Coalition on Distracted Driving begins development of National Action Plan

June 20, 2016 by Canadian Underwriter

The newly-created Canadian Coalition on Distracted Driving (CCDD) has wrapped up its first meeting, a two-day working session in Ottawa, where it began work on creating a National Action Plan to combat distracted driving. An initiative of the Traffic Injury

News InsuranceMergers and AqcuisitionsProfessional Development

Ian Gallagher elected president of Ontario Insurance Adjusters Association

June 17, 2016 by Canadian Underwriter

Veteran aviation claims adjuster Ian Gallagher has been elected president of the Ontario Insurance Adjusters Association (OIAA), taking over from Catherine Groot. Gallagher works in St. Catharines as an executive adjuster for Vancouver-based Kernaghan Adjusters Ltd. In addition to aviation,

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Connected cars and other digital solutions can drive progress toward UN’s sustainable development goals by 2030: report

June 14, 2016 by Canadian Underwriter

Connected cars could save 720,000 lives from road accidents annually and prevent up to 30 million traffic injuries, according to a new analysis prepared for the Global e-Sustainability Initiative (GeSI) by Accenture, a global professional services company. The information and