Canadian Underwriter

Topic
Technology


News InsuranceLegislation / RegulationTechnology

‘Word on the street’ about Ontario auto electronic pink slips

April 27, 2018 by Greg Meckbach

Only one province in Canada officially accepts electronic proof of auto insurance right now, but industry scuttlebutt suggests police are already accepting them in some quarters, and Ontario will soon be in line to accept the electronic slips. “Word on

News BrokersInsuranceTechnology

Insurer needs an online sales solution, so it invests $3 million in a brokerage

April 27, 2018 by Jason Contant

Saskatchewan Government Insurance (SGI) has purchased a 15% stake in a Calgary-based online brokerage, a move designed to help the insurer develop real-time data exchange capabilities to sell products online. “This is an investment in a brokerage, not an acquisition,”

insPRESS ClaimsInsuranceTechnology

CRU held its first UAS Pilot Seminar

April 27, 2018 by CRU Adjusters

TORONTO, April 27, 2018 /insPRESS/ – CRU adjusters, a Canadian based independent adjusting firm, recently held their first UAV (Unmanned Aerial Vehicle) seminar giving attendees an in-depth look at current UAV technology and its uses, at Southern Tech in Ardmore

News InsuranceTechnology

Simplifying claims involving automated cars

April 26, 2018 by David Gambrill

Canada’s insurers are developing a framework for insuring automated vehicles that is designed for handling auto claims quickly, regardless of whether tort liability arises from human error or a manufacturing defect in the automated vehicle. “We all know the automated

insPRESS AnnouncementsEmploymentInsuranceTechnology

Kanetix Ltd. Named One of Canada’s Best Small & Medium Employers

April 24, 2018 Kanetix Ltd.

TORONTO, April 24, 2018 /insPRESS/ – Kanetix Ltd. is proud to be awarded one of Canada’s Top Small and Medium Employers for 2018 by the editors of Canada’s Top 100 Employers. A work culture based on honesty and collaboration, a group with diverse

News Markets / CoveragesTechnology

Could machine learning help firms select better board directors?

April 23, 2018 by Jason Contant

In the not-too-distant future, machine learning techniques will fundamentally change the way corporate boards of directors are chosen, with shareholders being the beneficiaries, a recent study has predicted. The study, Selecting Directors Using Machine Learning, involved the use of a

News InsuranceTechnology

Cyber response should not involve ‘running around panicking’

April 23, 2018 by Greg Meckbach

Clients buying cyber insurance can only be prepared for the risk of a computer security breach if senior executives practice beforehand, a commercial insurer executive told Canadian Underwriter Friday. Corporate clients need to hold “table top exercises,” meaning they gather

News InsuranceMarkets / CoveragesReinsuranceTechnology

New opportunities for commercial brokers in cyber

April 20, 2018 by Greg Meckbach

Brokers selling commercial insurance need to ask clients what they use their computers for and what happens if they lose access to that data, an executive with a Bermuda insurer says. Computer security (also known as cyber) risk, “will impact

News InsuranceProfessional DevelopmentTechnology

Will work automation result in job losses in Canada?

April 19, 2018 by Jason Contant

A new survey from Willis Towers Watson (WTW) has found that half of Canadian employers believe that work automation will result in job losses, a finding echoed recently by a Canadian property and casualty insurance executive. In November 2017, RSA

News InsuranceTechnology

Who are the ‘right people’ to respond to cyber incidents?

April 19, 2018 by Greg Meckbach

Properly-trained employees are critical to managing cyber risk, especially with the nation-wide breach reporting law taking effect this fall, brokers and risk consultants told insurance professionals at a recent conference. On November 1, several new sections – including one mandating

News Markets / CoveragesTechnology

To cover or not to cover crime on a cyber policy

April 19, 2018 by Jason Contant

Do elements of cybercrime, such as social engineering fraud and phishing scams, belong on a traditional crime insurance policy or should they be part of a cyber policy? The answer to that question depends on which carrier you ask. “There’s

insPRESS AnnouncementsClaimsTechnology

Northbridge Insurance introduces Express Claim—an innovative, digital solution to speed up auto claims appraisals and settlements

April 19, 2018 Northbridge Insurance

TORONTO, April 18, 2018 /insPRESS/ – Northbridge Insurance is thrilled to announce the launch of its new claims appraisal service, Express Claim—an innovative solution that allows customers who experience an accident to submit photos of damage to their vehicle directly