Topic
Professional Development
Corporate investigations on the rise, study suggests
May 24, 2016 by Canadian UnderwriterCorporate investigations are on the rise, with over a quarter (27%) of businesses saying they have experienced a claim or investigation involving a director of their company in the past year, up from one in five in 2014. That was…
Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson
May 24, 2016 by Canadian UnderwriterGlobal media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers…
LinkedIn confirms 2012 hack exposed 117M user passwords
May 20, 2016 The Associated PressNEW YORK – LinkedIn said Wednesday that a 2012 breach resulted in more than 100 million of its users’ passwords being compromised – vastly more than previously thought. The business social network said that it believes to be true a…
North American organizations experiencing slow shift to public cloud: Softchoice study
May 20, 2016 by Canadian UnderwriterTransitioning to public cloud is a slow-moving process for most businesses, according to a new study by Softchoice, a North American IT solutions and managed services provider. Released on Tuesday, the study, titled The State of Cloud Readiness: Transformation and…
Government’s response to 2015 OPM data breach hasn’t improved U.S. federal agencies’ security: study
May 19, 2016 by Canadian UnderwriterMore than half of polled federal cyber executives in the United States said they don’t agree that the government’s response to last summer’s massive Office of Personnel Management (OPM) data breach has improved their agency’s security. The State of Cybersecurity…
Insurance websites not keeping pace with changing customer expectations: J.D. Power
May 19, 2016 by Canadian UnderwriterInsurer websites are not keeping up with customer expectations, with just over half (55%) of those polled saying they “definitely will” return to the site for their servicing needs, according to the J.D. Power 2016 Insurance Digital Evaluation Study, released…
Big data and analytics, cloud computing, mobility solutions and tech start-up firms driving U.S. insurance IT spending market
May 19, 2016 by Canadian UnderwriterBig data and analytics, cloud computing, mobility solutions and tech start-up firms are among the emerging trends driving the insurance IT spending market in the United States, according to global technology research and advisory company Technavio. Technavio’s report on the…
90% of U.S. businesses experienced hacking incidents in the last year: HSB cyber study
May 18, 2016 by Canadian UnderwriterNine out of ten businesses in the United States have experienced at least one hacking incident in the past year, according to a survey released on Tuesday by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich…
Change in customer demographics and economic recovery to drive global insurance brokerage market through 2020, new report says
May 17, 2016 by Canadian UnderwriterThe global insurance brokerage market will grow at a compound annual growth rate (CAGR) of more than 4% during the period from 2016 to 2020, according to global technology research and advisory company Technavio. The report from Technavio covers the…
Mobile app benefits discussed at Insurance Analytics Canada conference
May 16, 2016 Jason Contant, Online EditorAs 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…
Insurers who look at the future of data analytics most likely to succeed: speaker at Insurance Analytics Canada
May 15, 2016 Jason Contant, Online EditorData 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…
Canadian, U.S. insurance agency mergers and acquisitions in Q1 breaks record, OPTIS Partners’ report reveals
May 12, 2016 by Canadian UnderwriterInsurance 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…