Canadian Underwriter

Topic
Technology


News BrokersInsuranceTechnology

How blockchain will help brokers bypass traditional insurers

July 12, 2018 by David Gambrill

Vancouver-based Fineqia International Inc. has taken an equity allocation in Black Insurance, a Tallinn, Estonia-based digital insurance startup on the blockchain that has set its sights on creating a direct investor-to-broker relationship, bypassing the need for a traditional insurance company.

News Markets / CoveragesTechnology

Why fully automated cars are a lot further away than you think

July 8, 2018 by Jason Contant

Don’t hold your breath waiting for the first fully autonomous car to hit the streets anytime soon. Car manufacturers have projected for years that we might have fully automated cars on the roads by 2018. But for all the hype that

News InsuranceMarkets / CoveragesTechnology

How to explore an untapped market in identity fraud protection

July 5, 2018 by Jason Contant

While the majority of polled Canadians (86%) believe they are increasingly at risk of identity fraud, only about one-quarter have identity fraud protection, a recent survey has found. Conducted on behalf of Vancouver-based fintech company Mogo, the survey polled 1,514

News InsuranceMergers and AqcuisitionsTechnology

Quebec insurance IT provider V-NEO acquired by German-based tech company

July 3, 2018 by David Gambrill

German-based tech provider GFT Technologies SE (GFT) has acquired V-NEO Inc. (V-NEO), a Quebec-based IT provider to the Canadian property and casualty insurance industry. Founded in 2011, V-NEO has acted as a service partner for the P&C insurance Guidewire platform.

Feature LegalTechnology

Finding Fault with Data

July 3, 2018 Jonathan N. Grnak, Barrister & Solicitor, Danson Recht LLP

Blameworthiness or liability in any crash involving a vehicle equipped with self-driving technology will continue to be the main roadblock to the effective implementation and adoption by consumers of autonomous vehicle (AV) technology. The question is: How do you determine

Feature RiskTechnology

Long Arm of the Law

July 1, 2018 Ian Phillpot, Vice President, Box Canada

How to protect your clients from running afoul of the European Union’s privacy breach law.

News InsuranceLegalTechnology

Data breach defendant must hand over computer forensics reports: court

June 26, 2018 by Greg Meckbach

An Ontario casino facing a class-action lawsuit over a data breach has lost its bid to prevent plaintiffs from getting their hands on part of a computer forensics investigation report. The casino claimed the report was protected by litigation privilege

News InsuranceTechnology

Paid This is how savvy commercial underwriters are getting ahead of the competition

June 25, 2018 Opta Information Intelligence

In a fiercely competitive and increasingly challenging commercial lines marketplace, Opta Information Intelligence’s Commercial Perils Solution can now display an unparalleled scope of risk related insight to a particular piece of business. Allowing savvy underwriters to better manage their existing

News InsuranceTechnology

Your clients may be aware of voice-activated tech, but are they buying it?

June 25, 2018 by Jason Contant

Canadians’ awareness of voice-controlled, connected home devices such as Google Home or Amazon Echo is growing, but consumer interest in acquiring such a device is not keeping pace, a new study shows. Canada’s Internet Factbook 2018, released on June 20

News BrokersMarkets / CoveragesTechnology

The thinking behind BFL’s ‘turnkey solution’ for cyber clients

June 25, 2018 by Greg Meckbach

Brokers looking to sell cyber insurance to commercial clients should be looking to partner with non-insurance firms specializing in security and risk assessment, one Quebec-based broker advises. “Brokers need to look at not just selling insurance but partnering, and how

News AppointmentsTechnology

Former Zurich Canada CEO elected to claims software vendor board

June 22, 2018 by Greg Meckbach

Robert Landry, a former president and CEO of Zurich Insurance Company’s Canadian branch, was elected Thursday to the board of directors of Symbility Solutions Inc., a claims software maker. Calgary-based Symbility held its annual shareholders meeting Thursday. The vendor’s products

News InsuranceMarkets / CoveragesTechnology

Human driver distracted before fatal autonomous Uber crash

June 22, 2018 Tom Krisher and Jacques Billeaud - THE ASSOCIATED PRESS

PHOENIX – The human backup driver in an autonomous Uber SUV was streaming the television show “The Voice” and looking downward just before fatally striking a pedestrian in suburban Phoenix, according to a police report. The 300-page report released Thursday