Topic
Technology
Indigo cyberattack highlights mounting prevalence, sophistication of hackers: Experts
February 13, 2023 Brett Bundale - THE CANADIAN PRESSA cybersecurity incident stretching into its fifth day at Indigo Books & Music Inc. has illuminated the increasing risk of cyberattacks on Canadian companies and consumers, experts say. The ongoing outage of the bookstore’s website serves as a warning of…
How one company is tackling brokers’ pain point of repetitive data entry
February 13, 2023 by Jason ContantOne Canadian company is taking a unique approach to deal with repetitive data entry, a major pain point for brokers. Vancouver-based Quandri uses software bots to automate certain portions of a brokerage’s operations, such as the renewal review process. Quandri…
How telematics may help Alberta truckers’ rates
February 9, 2023 Philip PoradoWith an eye toward improving driving habits, Facility Association (FA) announced the launch of a telematics program for truck drivers in Alberta, effective May 1, 2023. It said the program’s objective is to help drivers and operators correct poor driving…
What’s next for Wawanesa after senior executive shuffle?
January 30, 2023 by Jason ContantAs Wawanesa Mutual Insurance Company changes its leadership structure with the appointment of three industry professionals to more senior leadership roles, industry veteran Carol Jardine — currently the insurer’s president of Canadian P&C operations — is also set to retire…
Metaverse risks: 4 areas for commercial clients to explore
January 25, 2023 by Jason ContantPrivacy is one of the four major risks associated with the metaverse — the expanding virtual universe of network connections — an industry expert told Canadian Underwriter recently. When developing a metaverse strategy, your commercial clients should look at operational,…
Regulator looking into the ‘black box’ of auto rating models
January 24, 2023 by Jason ContantAuto insurance rating models are becoming so complex that Ontario’s regulator is looking not only at the inputs of these models, but now the outputs as well, attendees heard at an industry event last week. “There are concerns that these…
2023 Executive Outlook | Silvy Wright, Northbridge Financial Corporation
December 29, 2022 by David GambrillSilvy Wright, president, CEO, Northbridge Financial Corporation The insurance industry faces several headwinds in 2023. Some, like climate change, have been on our radar for some time. Others, such as inflation, have emerged more recently. We will always face challenges;…
Sobeys parent company says cyberattack expected to cost $25M after insurance
December 19, 2022 Brett Bundale - THE CANADIAN PRESSSobeys parent company Empire Co. Ltd. has shared new details on a cyberattack that shut down its pharmacy services and other in-store functions last month. The security breach in early November left customers unable to fill prescriptions for four days,…
The self-driving era is here, the question is what comes next
December 15, 2022 Ian Bickis - THE CANADIAN PRESSTORONTO – The self-driving era is here, just not the one that was promised. Instead of sleek pods without steering wheels ready to chauffeur buyers off the lot, there are mostly driverless Chevy compacts, Chrysler minivans, and Ford box trucks…
Are your remote workers less engaged?
December 15, 2022 Jason ContantExecutives’ fears that remote workers are becoming less engaged and spontaneous when working online than they are while in the office may be unfounded, new research has determined. One of executives’ biggest worries about remote work is the reduction in…
Information of 360,000 people affected in Ontario COVID-19 vaccine data breach
December 12, 2022 The Canadian PressTORONTO – The Ontario government began notifying about 360,000 people on Friday that their personal information had been part of a COVID-19 vaccine database breach that took place more than a year ago. The breach happened on Nov. 16, 2021…
How can you improve cybersecurity? Hire more women
December 9, 2022 Camelia Radu and Nadia SmailiBy Camelia Radu, Associate Professor in Accounting, Universite du Quebec a Montreal (UQAM) and Nadia Smaili, Professor in Accounting (forensic accounting), Universite du Quebec a Montreal (UQAM). This article was originally published on The Conversation, an independent and nonprofit source…