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Professional Development


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IBM to teach Watson computer system “language of cybersecurity”

May 10, 2016 by Canadian Underwriter

IBM Security has announced that eight universities – including three in Canada – will help train its Watson computer system on the “language of security” as part of a year-long research project. Watson for Cyber Security, a new cloud-based version

News InsuranceMergers and AqcuisitionsProfessional Development

Arthur J. Gallagher acquires Winnipeg brokerage B.R. Rhymer Insurance Agencies

May 6, 2016 by Jason Contant

Arthur J. Gallagher (AJG) has announced the acquisition of B.R. Rhymer Insurance Agencies Ltd., a personal and commercial lines broker located on Pembina Highway in Winnipeg, Manitoba. AJG, the international division of Arthur J. Gallagher & Co. outside of the

News AssociationsInsuranceProfessional DevelopmentTechnology

Global insurers can now register for “cyber-safe” .insurance domain name

May 5, 2016 by Canadian Underwriter

Early registration for the “cyber-safe” .insurance domain name opened on Wednesday via Instra Corporation, the corporate domain name retailer subsidiary of London, United Kingdom-based CentralNic plc. The protected domain space for the insurance industry “promises enhanced security for tens of

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Loss of confidential information key to understanding interactions between crime and cyber coverage: conference speaker

May 2, 2016 Jason Contant, Online Editor

The loss of confidential information can be crucial to understanding the interactions between cyber and crime coverage, attendees to the NetDiligence Cyber Risk Summit heard on Friday. Matthew Davies, assistant vice president of Chubb Insurance Company of Canada, said that

News InsuranceProfessional DevelopmentTechnology

Silicon Valley startup accelerator launches new insurance innovation platform

May 1, 2016 by Canadian Underwriter

The Plug and Play Tech Center, a Silicon Valley global technology accelerator and venture fund, announced that it has partnered with the world’s largest reinsurer – Munich Re – to create what it is calling the first ever accelerator program

Feature Professional Development

Right Place, Right Time

May 1, 2016 Angela Stelmakowich, Editor

John Sharoun, recipient of The CIP Society’s 2016 Greater Toronto Area Fellow of Distinction Award, knows making an effort can produce solid results.

News InsuranceLegislation / RegulationMergers and AqcuisitionsProfessional DevelopmentTechnology

Regulatory change demands that insurers show regulators using telematics data for claims management would help consumers

April 28, 2016 Angela Stelmakowich, Editor

The Financial Services Commission of Ontario (FSCO) has drawn a line in the sand when it comes to using telematics data for claims management, but it is not a given that line will always be in place, Blair Currie, vice

News InsuranceLegislation / RegulationProfessional Development

Only a quarter of respondents say their enterprises monitor business partners at least quarterly: anti-corruption research

April 28, 2016 by Canadian Underwriter

Just 27% of the 330 respondents taking part in a recent online survey monitor business partners at least quarterly or more often, note findings from the 2016 Anti-Corruption Survey Report, released this week. Findings in the report from Dow Jones

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Worldwide IoT security spending to reach US$348 million in 2016, up 23.7% from 2015: Gartner

April 26, 2016 by Canadian Underwriter

Worldwide spending on security related to the Internet of Things (IoT) will reach US$348 million in 2016, a 23.7% increase from 2015 spending of US$281.5 million, according to Gartner, Inc. Gartner, an information technology research and advisory company based in

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CSIO introduces new eSignatures savings calculator

April 26, 2016 by Canadian Underwriter

The Centre for Study of Insurance Operations (CSIO) announced on Tuesday that it has released its new eSignatures Savings Calculator tool, which supports members in determining the return on investment (ROI) of adopting an eSignatures solution. The calculator estimates the

News CatastrophesInsuranceProfessional DevelopmentTechnology

Aviva Canada, ICLR team up for free emergency preparedness mobile app

April 26, 2016 by Canadian Underwriter

Aviva Canada has partnered with the Institute for Catastrophic Loss Reduction (ICLR) for the creation of a free emergency preparedness mobile app. The free Plan & Protect app, announced on Tuesday, can be downloaded to mobile devices, where users will

News InsuranceProfessional DevelopmentTechnology

Success for insurers involves “dramatic” transformation of workforces and cultures for digital world: Accenture study

April 26, 2016 by Canadian Underwriter

Insurers who succeed will “do so by dramatically transforming their workforces and cultures to operate in a digital world,” according to a report released on Tuesday by Accenture, a global professional services company providing a broad range of services and