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Nova Scotia Health Authority investigating possible privacy breach

June 10, 2019 THE CANADIAN PRESS

HALIFAX – The personal health information of nearly 3,000 people may have been compromised in a phishing attack, the Nova Scotia Health Authority says. The health authority said Monday that it is investigating a “potential” privacy breach affecting 2,841 patients.

News InsuranceTechnology

This business process is taking too long

June 10, 2019 by Greg Meckbach

Some brokers and carriers are spending too much time and effort dealing with incoming paper, a former auto underwriter says. While technology advancements mean more forms can be entered electronically through web and mobile apps, brokers nonetheless have data coming

News InsuranceProductsTechnology

Should cyber insurance products become more standardized?

June 10, 2019 by Jason Contant

How far along is the Canadian insurance industry in terms of cyber product standardization? While some of the standard language for base coverage has become more standardized over the years, there is still an overall general lack of standardization. There

News ClaimsInsuranceRestorationTechnology

How AI can help shape a more effective disaster response

June 7, 2019 by Jason Contant

Artificial intelligence (AI) should be used not only to predict what will happen, but to shape and influence that outcome, the president of IBM Canada said Wednesday. “Predicting it is good, but the value that you get as an enterprise

News InsuranceTechnology

How an insurtech uses pre-fill data to a homeowner’s best advantage

June 6, 2019 by Jason Contant

One insurtech based in the United States is pre-filling data in home insurance application forms to help answer questions that customers may not be able to answer themselves. California-based home insurance company Hippo Insurance uses trusted public data sources like

insPRESS Technology

Apollo Insurance launches Exchange for brokers to quote, bind, and issue insurance documents online

June 6, 2019 Apollo Insurance Solutions

VANCOUVER, BC, June 5, 2019/InsPress/ — Apollo Insurance Solutions, Canada’s largest online insurance marketplace, has launched the Apollo Exchange, a digital tool that assists individual brokers and brokerages in placing insurance policies. Apollo’s mission is to empower the broker channel

News ClaimsRiskTechnology

How the EU’s data privacy law will apply to your Canadian clients

June 5, 2019 by Greg Meckbach

The European Union’s new data privacy law can affect your clients even if they don’t have offices in Europe, a cyber security expert with one of the world’s biggest brokerages warns. The General Data Protection Regulation (GDPR), which took effect

News BrokersClaimsInsuranceTechnology

How reliable are severe weather emergency alerts?

June 5, 2019 by Jason Contant

Two tornadoes that swept through the Ottawa region Sunday have prompted questions about the effectiveness of Canada’s emergency alert system. Questions arose after numerous residents reported that they never received warnings about a tornado that hit Orléans, an east-end suburb

News ClaimsClaims CanadaLegislation / RegulationTechnology

Mainstream autos get driver monitoring devices

June 4, 2019 By Tom Krisher - THE ASSOCIATED PRESS

DETROIT – Would you pay more for a car or SUV that warns you if you’re falling asleep or not paying attention behind the wheel? Auto companies are figuring that because your life could depend on it, you will. As

News InsuranceLegislation / RegulationTechnology

Competitive insurance industry urged to collaborate more often

May 31, 2019 by Adam Malik

To get the best out of your collaboration efforts, get outside of your comfort zone. The best companies understand the value of collaboration, said Sven Roehl, co-founder of Cookhouse Lab, an insurtech innovation firm. But they also understand they need

News InsuranceTechnology

One way to cut time and effort from handling paper forms

May 30, 2019 by Greg Meckbach

Do your workers spend hours typing information from paper forms into the computer? There are ways of automating this. “Nowadays, you probably have documents coming in and you put them on the scanner. When you are going to put them

News Technology

Don’t count on self-driving cars being just around the corner

May 29, 2019 by Greg Meckbach

If you are led to believe most of your clients will get around in self-driving cars within a decade, you might want to think again. “Autonomous vehicles will likely not be on our roads for at least another 25-30 years,