Topic
Technology
Westminster Mutual Insurance Company unveils online quoting as part of their continuing approach to digital innovation using Mutual Concept Computer Group’s Online Quoting Solution
May 1, 2018 by Ian PortsmouthBELMONT, ON, May 1, 2018 /insPRESS/ – Westminster Mutual Insurance Company (WMIC) introduces automobile and property online quoting to its brokers, agents and consumers through partnership with Mutual Concept Computer Group Inc. (MCCG). Westminster’s solution, https://onlinequote.wmic.ca, guarantees the consumer has…
16 carriers support broker study on API data connectivity
April 30, 2018 by David GambrillOntario brokers have garnered the support of at least 16 insurance companies and “all key broker technology vendors” to participate in a study on data connectivity. The study includes discussion about an Application Programming Interface (API) tech model that would…
‘Word on the street’ about Ontario auto electronic pink slips
April 27, 2018 by Greg MeckbachOnly 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…
Insurer needs an online sales solution, so it invests $3 million in a brokerage
April 27, 2018 by Jason ContantSaskatchewan 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,”…
CRU held its first UAS Pilot Seminar
April 27, 2018 by CRU AdjustersTORONTO, 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…
Simplifying claims involving automated cars
April 26, 2018 by David GambrillCanada’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…
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…
Could machine learning help firms select better board directors?
April 23, 2018 by Jason ContantIn 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…
Cyber response should not involve ‘running around panicking’
April 23, 2018 by Greg MeckbachClients 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…
New opportunities for commercial brokers in cyber
April 20, 2018 by Greg MeckbachBrokers 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…
Will work automation result in job losses in Canada?
April 19, 2018 by Jason ContantA 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…
Who are the ‘right people’ to respond to cyber incidents?
April 19, 2018 by Greg MeckbachProperly-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…