Topic
Technology
Global market for autonomous, assistive safety and comfort vehicle features up to US$26 billion annually by 2025: Bain & Company
March 7, 2017 by Canadian UnderwriterAutonomous vehicles are revving up, with Bain & Company Inc. forecasting annual growth of 12% to 14% for the global market of autonomous and assistive safety and comfort features by 2025. That translates to a global B2B market of US$22…
Cyber risk management starts with preparing children ‘around a whole different mindset,’ says former Toronto deputy police chief
March 6, 2017 Greg Meckbach, Associate EditorCyber security is more of a human resources issue than a technological issue, while cyber security threats are often detected more than six months after they occur, speakers told insurance professionals at a conference last week. “The nature of IT…
Slower consumer spending, insurtech among factors weighing on Canadian insurance firms: Conference Board
March 6, 2017 by Canadian UnderwriterSlower consumer spending on big-ticket insurable items, as well as an aging population, will weigh on the outlook for Canadian insurance firms, according the Conference Board of Canada’s first outlook for the insurance industry. Canadian Industrial Outlook: Insurance – Winter…
Small firms wanting cyber coverage should “hold an inventory” of personally identifiable information: Chubb
March 3, 2017 Greg Meckbach, Associate EditorBodily injury and property damage exclusions in cyber insurance policies means the Internet of Things has “big implications” for organizations, while malware that existed unbeknownst to a user before binding a policy can mean a cyber incident is not covered,…
Mitchell & Whale Insurance Brokers shares their experience using online chatbot at Insurance-Canada Broker Forum
March 3, 2017 Jason Contant, Online EditorLearning is a life-long process and not just for humans – online chatbots can also continue to learn and become smarter, attendees to the Insurance-Canada.ca Broker Forum (ICBF) heard on Wednesday. Amanda Ketelaars, operations manager with Whitby, Ont.-based Mitchell &…
Need for organizations to fill culture gap when it comes to cyber risk: ICRMC speaker
March 3, 2017 by Angela StelmakowichOrganizations and their boards must treat cyber risk as an enterprise-wide issue to help foster a culture in which every person and every department understands it has a role to play in making the organization as cyber-secure as possible, corporate…
Disruption becoming more of a motivator for cyber attacks: ICRMC panel
March 2, 2017 by Angela StelmakowichThe motivation and rationale behind certain cyber attacks seems to be undergoing a transition, with some actors looking to inflict the most disruption possible on a target entity simply for the “fun” of it, it was suggested Thursday during the…
Connected things to reach “tipping point very shortly,” Insurance-Canada Broker Forum speaker suggests
March 2, 2017 Jason Contant, Online EditorThere will be a “tipping point very shortly” involving connected things, a speaker suggested on Wednesday at the Insurance-Canada.ca Broker Forum. Ryan Spinner, head of innovation with Aviva Canada, was speaking during a panel discussion titled Distribution in the InsurTech…
Broker ‘still a valuable partnership’ for Economical Insurance despite Sonnet launch: CIO
March 2, 2017 by Canadian UnderwriterEconomical Insurance’s recently-launched direct writer, Sonnet, is one example of “disruptive innovation” in the Canadian industry, a speaker told insurance professionals at a recent conference, though a senior executive of Economical suggested there is a “significant segment” of the market…
Speakers weigh in on contentious topic of insurers with “broker arm interrupters”
March 1, 2017 Jason Contant, Online EditorIf an insurer can offer brokers more products, assistance and their brand is recognized by clients, “there is some value there,” Jeff Roy, CEO of Excalibur Insurance Group, suggested on Wednesday at the Insurance-Canada.ca Broker Forum, held at the Allstream…
Insurance-Canada.ca Broker Forum, March 1, 2017
March 1, 2017 by Canadian UnderwriterThe latest technologies and techniques for engaging consumers were a recurring theme among presentations delivered at the 2017 Insurance Canada Broker Forum in Toronto. More than 150 brokers and other industry members attended the March 1 event, which was co-sponsored…
Battle Ready
March 1, 2017 Ryan Wilson, Chief Technology Officer, Security, Scalar Decisions Inc.What will it take to win the cyber security war in 2017? Organizations may choose to arm themselves with the strategic approach that has worked for high-performing organizations, including identity management and authentication, web application firewalls and encryption for data at rest.