Canadian Underwriter

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Professional Development


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Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation

August 18, 2017 by Canadian Underwriter

Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps

News InsuranceMergers and AqcuisitionsProfessional Development

Hub International purchases “certain assets” of Quebec surety broker

August 8, 2017 by Canadian Underwriter

Chicago, Ill.-based Hub International Limited announced on Monday that Hub Quebec has purchased “certain assets” from Patrice Varin, through a corporation held by him. Terms of the acquisition were not disclosed. Varin will join Hub Quebec, bringing with him a

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Digital and app users not waiting around, quick to bail on non-responsive service: Australia research

August 2, 2017 by Canadian Underwriter

A huge divide exists between consumer expectations of their digital service experience and what is being delivered, with three-quarters of recently polled consumers in Australia reporting they will stop trying a digital app or service within a minute if it

News AppointmentsInsuranceMergers and AqcuisitionsProfessional Development

Marsh & McLennan Companies appoints John Doyle CEO of Marsh

July 7, 2017 by Canadian Underwriter

Global professional services firm Marsh & McLennan Companies, Inc. (MMC) has announced the appointment of John Doyle as chief executive officer of Marsh, effective immediately. Doyle will report to MMC president and CEO Dan Glaser and continue to serve on

News Climate ChangeInsuranceMarkets / CoveragesProfessional Development

Task Force on Climate-related Financial Disclosures recommends organizations provide such disclosures in public annual filings

July 4, 2017 by Canadian Underwriter

The Task Force on Climate-related Financial Disclosures (TFCD) has recommended that organizations provide such disclosures in their mainstream (public) annual financial filings, among other recommendations. TFCD released on June 29 its final report, saying that the task force “believes climate-related

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Incremental disruption in insurance industry “like death by a thousand cuts”: Insurance Analytics Canada speaker

June 30, 2017 Jason Contant, Online Editor

The insurance industry has been very incremental in dealing with disruption and needs a drastic shift from historical analysis to predictive, future risk models, a speaker suggested on Wednesday at the Insurance Analytics Canada Summit. “You cannot disrupt with incrementalism,”

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

Aviva Canada urges Quebec government to maintain 20% ownership limit of brokerages by insurers

June 29, 2017 by Canadian Underwriter

Aviva Canada said earlier this week that is urging the Government of Quebec to maintain the 20% ownership limit of insurance brokerages by insurers in order to “reduce the potential for any conflict of interest and to enhance consumer confidence

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentTechnology

Majority of global financial institutions to ramp up transformation initiatives over next year, Accenture survey finds

June 26, 2017 by Canadian Underwriter

An Accenture survey of nearly 800 financial services executives across Europe, Asia and North America found that more than half of financial institutions plan to increase their investments in major corporate transformation initiatives, or “change programs,” over the next 12

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

35% of top global insurers have appointed a chief digital officer to oversee business transformation: PwC’s Strategy&

June 26, 2017 by Canadian Underwriter

More than one-third of the world’s top insurance companies have appointed an executive – commonly known as a chief digital officer (CDO) – to oversee the digital transformation of their business, according to a new study from Strategy&, PwC’s strategy

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Employee awareness, training key to building a solid cyber security culture: Echols

June 22, 2017 by Canadian Underwriter

A little competition could be a good thing, especially when it comes to building a cyber security culture, cyber expert Michael Echols suggested last week during a symposium co-hosted by the Travelers Institute and Economic Club of Canada. Developing a

News InsuranceLegalLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Canada second most expensive country for data breaches: IBM and Ponemon Institute study

June 20, 2017 by Canadian Underwriter

Canada was the second most expensive country for data breaches, costing an average of $255 per lost or stolen record in 2017, according to a new report sponsored by IBM Security and conducted by the Ponemon Institute. Released on Tuesday,

News AppointmentsInsuranceProfessional DevelopmentReinsurance

François Dagneau appointed CEO of Canadian branch of Arch Reinsurance Company

June 16, 2017 by Canadian Underwriter

Arch Reinsurance Company announced on Friday that François Dagneau will be appointed to the position of chief executive officer of its Canadian branch this month. Dagneau will replace Patrick McGuiness, who is retiring from Arch, the company said in a