Canadian Underwriter

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Professional Development


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Mobile app benefits discussed at Insurance Analytics Canada conference

May 16, 2016 Jason Contant, Online Editor

As one of the brokerages that was “significantly affected” by the Fort McMurray wildfires, Sharp Insurance was able to contact every single one of its clients using analytics, attendees to the Insurance Analytics Canada conference heard on Friday. “We were

News InsuranceProfessional DevelopmentTechnology

Insurers who look at the future of data analytics most likely to succeed: speaker at Insurance Analytics Canada

May 15, 2016 Jason Contant, Online Editor

Data analytics needs to be seen as a continuous journey, not just a destination, and those insurers that look forward to analytics in 10 years’ time will be the most likely to succeed, a speaker suggested on Friday at the

News InsuranceMergers and AqcuisitionsProfessional Development

Canadian, U.S. insurance agency mergers and acquisitions in Q1 breaks record, OPTIS Partners’ report reveals

May 12, 2016 by Canadian Underwriter

Insurance agency mergers and acquisitions in Canada and the United States hit an all-time high for the first quarter of the year, with 109 reported transactions in the first three months of 2016, according to OPTIS Partners’ M&A database. The

News InsuranceMergers and AqcuisitionsProfessional Development

Chris Lay appointed president and CEO of Marsh Canada

May 11, 2016 by Canadian Underwriter

Chris Lay has been appointed president and CEO of insurance broker and risk advisor Marsh Canada, the company announced on Tuesday. Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (MMC), said in a press release that Lay (pictured

News InsuranceProfessional DevelopmentTechnology

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