Topic
Technology
Profitable global cyber market one incident away from a correction, analyst warns
March 27, 2018 by Greg MeckbachGlobally, commercial insurance customers are getting a great deal on cyber insurance right now, but this will only last until a major cyber incident causes a huge, one-time loss for the property and casualty insurance industry, a computer security expert…
Some broker BMS providers offering connectivity to CSIO’s eSlips solution
March 27, 2018 by Jason ContantIn a sign of cooperation within Canada’s competitive P&C industry, some broker management system (BMS) providers are using APIs supplied by the Centre for Study of Insurance Operations (CSIO) to make eDelivery available to Canadian brokers using a variety of…
Bank of Canada calls for global alignment on cryptocurrency policy
March 27, 2018 The Canadian PressTORONTO – The Bank of Canada’s senior deputy governor is calling for authorities to work toward a coherent set of globally aligned policies governing cryptocurrencies. Carolyn Wilkins told a University of Toronto conference on Thursday that such a strategy will…
Applied Systems partners with CSIO on electronic policy documents solution
March 26, 2018 by Jason ContantBroker management system (BMS) provider Applied Systems announced Monday that it has expanded its partnership with the Centre for Study of Insurance Operations (CSIO) to integrate CSIO’s My Proof of Insurance eDelivery solution with Applied Epic and Applied TAM in…
Stats suggest ongoing growth opportunity in cyber insurance
March 26, 2018 by Jason ContantOne-third of Canadian businesses have unwittingly leaked sensitive information to cybercriminals, highlighting the opportunity for education from the property and casualty (P&C) insurance community. According to the 2018 Canadian Internet Security Survey, released on March 22 by the Canadian Internet…
Now with AI, you can create value for your property inspections
March 26, 2018 by David GambrillArtificial intelligence can now surgically identify Canadian homes and businesses in an insurer’s book that are most in need of inspection, thereby eliminating unnecessary home inspection orders. “Sometimes the industry will pay to have an inspection done based on criteria…
Enhancing “human skills” crucial to tackling machine-led disruption
March 26, 2018 Andy Blatchford - THE CANADIAN PRESSOTTAWA – A year into its effort to help equip youth for the rapidly evolving workforce, one of the country’s largest banks says enhancing young Canadians’ human skills will be critical in navigating the machine-led disruption that lies ahead. In…
Applied Systems Announces Expanded Partnership with CSIO
March 26, 2018 by CSIO (Centre for Study of Insurance Operations)Mississauga, Ont., March 26, 2018 /insPRESS/ – Applied Systems today announced its expanded partnership with The Centre for Study of Insurance Operations (CSIO) to integrate CSIO’s My Proof of Insurance eDelivery solution with Applied Epic® and Applied TAM® in future product…
Are you leveraging IoT data?
March 23, 2018 by Jason ContantInsurers may recognize the importance of collecting and mining data, but a recent U.S. study shows few currently have an IoT strategy, are collecting IoT data, or have dedicated resources. LexisNexis Risk Solutions released a white paper Tuesday entitled, Are…
How to build a best-in-class cyber risk plan
March 23, 2018 by David GambrillYour commercial client is looking to put together a best-in-class risk management plan for dealing with a cyber event. What’s the first thing they need to do? “An ideal plan starts with developing a team,” says Ruby Rai, manager of…
The Rebel who Embraced Insurance
March 23, 2018 Greg Meckbach, Associate EditorAdam Hare, chief operating officer of the digital division of a family brokerage, never planned to make a career of insurance. Now he has a passion for making P&C insurance “sexy” for customers. It may seem counterintuitive, but despite having…
Uber crash exposes flaws in autonomous vehicle technology
March 23, 2018 Melissa Daniels and Bob Christie - THE ASSOCIATED PRESSPHOENIX – Video of a fatal pedestrian crash involving a self-driving Uber vehicle that some experts say exposes flaws in autonomous vehicle technology is prompting calls to slow down testing on public roads and renewing concerns about regulatory readiness. The…