Topic
Technology
Scheer promises to create ‘Canada Cyber Safe’ certification for digital
September 9, 2019 Giuseppe Valiante - THE CANADIAN PRESSMONTREAL – Conservative party Leader Andrew Scheer is trying to reassure Canadians that if elected, his government would better protect their personal information following recent high-profile security breaches at major corporations that compromised the data of millions of Canadians. A…
Will the gig and sharing economy kill bundled policies?
September 6, 2019 by Adam MalikThe rise of the gig and sharing economies stands to kill a traditional insurance selling feature: bundled policies. That means it’s time to change the way the industry approaches its selling strategy, one insurance expert believes. The growth of gig…
Cybercriminals manipulate their way into company computers
September 6, 2019 Joyce M. Rosenberg - THE ASSOCIATED PRESSNEW YORK – The cybercriminal who steals information or money from a small business is probably a master of deception and manipulation as well as a techno-expert. When Nancy Butler got a call from someone claiming to be from her…
Does your new tech actually make clients’ lives easier?
September 5, 2019 by Adam MalikSo you’ve just installed this new digital doodad to make your customer’s life easier – great. But did you inadvertently just make things more frustrating for your client? Warren Lederer, chief operating officer at Madison Advisors, which works in the…
Why the insurance industry should consider partnering with Google and Amazon
September 5, 2019 by Adam MalikDon’t scoff at the prospect of Silicon Valley tech giants getting into the insurance business – and the insurance industry should consider partnerships with them, one expert said at a recent conference. Denise Garth, Majesco’s senior vice president of strategic…
Ontario approves electronic proof of auto insurance
September 5, 2019 by Jason ContantOntario has become the fourth province in Canada to approve the use of electronic proof of auto insurance (EPAI) for drivers, effective immediately. The approval, announced Thursday morning by Ontario’s Minister of Finance, Rod Phillips, follows the lead of Alberta,…
Taxi companies want B.C. Supreme Court to quash ride-hailing rules
September 5, 2019 The Canadian PressVANCOUVER – A coalition of nine taxi companies in Metro Vancouver has asked the B.C. Supreme Court to quash ride-hailing rules it says were illegally created for companies such as Uber and Lyft. The companies say in their petition that…
When “failing fast” works, and when it doesn’t: Insurtech CEO
September 4, 2019 by Jason ContantFailing fast on small projects and establishing a feedback loop is a critical part of the innovation journey, according to one insurtech. “You have to be able to ask your customers what’s going on – what do you like, what…
A practical strategy for switching to customer-centric tech
September 3, 2019 by Adam MalikWhat do Facebook, Google and Amazon do so well that remains a struggle for insurance? They make the customer the centre of everything they do, according to Denise Garth, senior vice president of strategic marketing at Majesco, an insurance software…
How to convert the online leads you just purchased
August 30, 2019 by Greg MeckbachIf you want to pursue online leads for home and auto insurance, be prepared to adopt a business model that emphasizes speed and playing the percentages, an executive with an online comparison website says. What your sales team needs to…
Brokers, why build tech on your own when you can partner with an insurtech?
August 30, 2019 by Greg MeckbachBrokers looking to up their game in digital innovation should scan the market for potential technology partners, Symposium West attendees were told last week. “Who can you partner with – in an adjacent industry or a solution provider – that…
Want to do it all online? How this MGA’s portal pulls it off
August 29, 2019 by Greg MeckbachAn Ottawa-based managing general agent may be expanding its use of portal technology that lets brokers enter data from applications and bind commercial policies electronically. Encon Group Inc. pretty much did away with paper files, Encon president David Cook said…