Canadian Underwriter

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Technology


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Global connected car production to grow rapidly over the next five years: Gartner

September 29, 2016 by Canadian Underwriter

Connected car production is growing rapidly in both mature and emerging automobile markets and that growth is expected to continue over the next five years, according to the latest forecast from Gartner, Inc., a Stamford, Conn.-based information technology research and

News InsuranceMergers and AqcuisitionsTechnology

Aon cyber coverage to include business interruption resulting from network failure

September 28, 2016 by Canadian Underwriter

Aon plc announced Wednesday its Cyber Enterprise Solution, suggesting that the policy wording on the insurance policy is proprietary to Aon and could cover property damage arising out of a network security breach. Aon Cyber Enterprise Solution “can address emerging

News AssociationsInsuranceProfessional DevelopmentTechnology

50 Canadian brokerages score 100% on tech scorecard: CSIO

September 28, 2016 by Canadian Underwriter

The Centre for Study of Insurance Operations announced Tuesday it has identified 50 brokerages from across Canada as CSIO technology leaders. “These brokerages have been deemed top performers because they achieved a score of 100% on their CSIO technology scorecard

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Focus on behaviours of Generation Z to digitally engage consumers, Kanetix conference hears

September 28, 2016 Jason Contant, Online Editor

Although insurers have often looked at the purchasing actions of Millenials, they would do best to start examining the behaviours of the following generation – Generation Z – to digitally engage their customers, attendees to the Kanetix Insights 2.0 conference

News CatastrophesInsuranceMarkets / CoveragesTechnology

B.C. earthquake warning technology ShakeAlarm goes global

September 28, 2016 by Canadian Underwriter

Two Canadian companies have entered into a global preferred service provider agreement that will bring “affordable and reliable” British Columbia-developed earthquake early warning system (EEWS) technology to countries with high seismic risk that currently do not have proven systems in

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Network attacks hit a third of executive mobile devices in second quarter of 2016: Skycure

September 27, 2016 by Canadian Underwriter

Just shy of a third of executive mobile devices were exposed to network attack during the second quarter of 2016 and almost as high a percentage were infected with malware, leaving valuable, sensitive data vulnerable to cyber criminals, notes a

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Password breach could have ripple effects well beyond Yahoo

September 27, 2016 Raphael Satter - THE ASSOCIATED PRESS

LONDON – As investors and investigators weigh the damage of Yahoo’s massive breach to the internet icon, information security experts worry that the record-breaking haul of password data could be used to open locks up and down the web. While

News InsuranceMergers and AqcuisitionsTechnology

52% of American transportation firms surveyed worry about distracted driving: Travelers

September 26, 2016 by Canadian Underwriter

More than 90% of American consumers surveyed by The Travelers Companies Inc. reported they were “at least somewhat” concerned by distracted driving, while more than half of business respondents reported the same concern, Travelers said in a report announced Monday.

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FM Global creates dedicated cyber risk engineering, underwriting units

September 26, 2016 by Canadian Underwriter

FM Global is looking to bolster its expertise in first-party cyber solutions for the benefit of its mutual policyholders with its move to form integrated engineering and underwriting units dedicated to doing just that. The move seeks to address the

News InsuranceTechnology

88% of U.S. state and local government IT professionals concerned about cyberattacks targeting critical city infrastructure: study

September 23, 2016 by Canadian Underwriter

Almost nine in 10 state and local government IT professionals in the United States are concerned about cyberattacks targeting critical city infrastructure, according to a study conducted on behalf of Tripwire, Inc., a provider of security, compliance and IT operations

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Yahoo hack steals personal info from at least 500 million accounts

September 23, 2016 Michael Liedtke - THE ASSOCIATED PRESS

SAN FRANCISCO – Computer hackers swiped personal information from at least 500 million Yahoo accounts in what is believed to be the biggest digital break-in at an email provider. The massive security breakdown disclosed Thursday poses new headaches for Yahoo

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Understanding potential disruptions to risk analysis, cost basis and distribution key to insurers’ strategies: Novarica

September 22, 2016 by Canadian Underwriter

Insurers need to understand potential disruptions to risk analysis and cost basis as well as distribution to effectively manage their strategies, suggested a new report from Boston-based research and advisory firm Novarica. The pace of technological change makes it a