Topic
Technology
Watchdogs to probe use of facial recognition technology
February 25, 2020 The Canadian PressOTTAWA – The federal privacy watchdog and three of his provincial counterparts will jointly investigate Canadian use of facial-recognition technology supplied by U.S. firm Clearview AI. Privacy commissioner Daniel Therrien says he will be joined in the probe by ombudsmen…
Cyber criminals using coronavirus-themed emails to deliver malware
February 10, 2020 The Canadian PressTORONTO – A U.S. cybersecurity company says criminal groups are exploiting fears over the new coronavirus to attack the global shipping industry. California-based Proofpoint says it has detected a new email campaign that uses Microsoft Word attachments designed to trick…
Why near-misses may hold the key to improved road safety
February 6, 2020 by Jason ContantA startup based in Winnipeg is using near-miss data from intersections in an attempt to proactively, rather than reactively, help reduce traffic fatalities. “Up until now, traffic engineers have focused on using historical crash data that involve a fatality to…
These electronic devices might not be designed with cyber security in mind
February 4, 2020 by Greg MeckbachRansomware and privacy breaches may be among the top cyber threats on your radar, but are you aware of all of the connected manufacturing and other industrial control systems that may be at risk, a commercial insurer warns. “These production…
Aon acquires Canadian-based cyber security firm
February 4, 2020 by Jason ContantAon plc has announced the acquisition of Cytelligence, a Canadian-based cyber security firm with deep expertise in cyber incident response and digital forensic investigations. London, UK-based Aon said Tuesday the acquisition will help the brokerage expand its current coverages within…
Sending out an SMS
February 4, 2020 Adam Malik, Managing EditorYour clients likely have cellphones and use them to text. What’s stopping brokers from communicating with clients using the technology they want?
The latest in P&C professional development training: How to be innovative
February 3, 2020 by Jason ContantCanadian insurance professionals want to learn how to be innovative, and they are enlisting the help of a Canadian-based open innovation centre to explore the new frontier of design thinking. “Design thinking revolves around a deep interest in developing an…
Technology Outlook 2020
February 3, 2020 Greg Meckbach, Associate EditorWhat major technology trends do you foresee in the property and casualty insurance industry in 2020? What new technologies will be on the brokers’ radar? We put these questions to a number of tech experts; their responses will inform your strategic thinking about tech.
How to sell cyber
February 2, 2020 Jason Contant, Online EditorJames Burns, cyber product leader with CFC Underwriting, shares his insights on what the industry needs to do to sell more cyber insurance policies. cu | How do successful brokers sell cyber insurance? They make cyber products relevant to the…
Who do you trust?
February 1, 2020 David Gambrill, Editor in ChiefA client’s personal information is gold to the P&C industry, which relies on data collection and analysis to make a profit. A report on how brokers and insurers are working together to safeguard the industry’s hot new currency — data.
Could a politician’s tweet void your cyber coverage?
January 31, 2020 by Greg MeckbachIf you are placing commercial cyber coverage, pay attention to what the various insurers’ policies say about war and terrorism, a commercial broker advises. “I would not say it’s an obscure little corner of your insurance policy,” Tom Srail, executive…
Is the ‘awesome time’ for cyber clients coming to an end?
January 30, 2020 by Greg MeckbachRisk managers accustomed to a buyer’s market for commercial cyber insurance might discover soon the party is over. “We are starting to see rates harden,” Lindsey Nelson, U.K. and International Cyber Team Leader for CFC Underwriting, said Thursday. She was…