Canadian Underwriter

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Technology


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78% of global businesses believe digital start-ups pose threat to their organization: Dell Technologies study

October 7, 2016 by Canadian Underwriter

Nearly four in five (78% of) global businesses believe that digital start-ups pose a threat to their organization, either now or in the future, and almost half (45%) surveyed fear that they may become obsolete in the next three to

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Timber tall buildings feasible, solid wood an alternative to concrete: AEIC speaker

October 7, 2016 by Angela Stelmakowich

Advances in wood engineered products and fabrication have made the idea of constructing timber tall buildings feasible and a genuine alternative to concrete, Eric Karsh, principal of Equilibrium Consulting Inc., suggested Thursday during the 43rd Annual Engineering Insurance Conference in

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

U.S. insurers failing to deliver on digital customer experience: study

October 6, 2016 by Canadian Underwriter

Insurers in the United States could only answer 28% of queries across digital channels and 14% of companies failed to respond successfully on either email, social media or chat, according to new research from multichannel customer engagement software provider Eptica.

News InsuranceMergers and AqcuisitionsTechnology

Use of comparison sites to buy auto, home insurance developing, but trailing in Canada and the U.S.: Finaccord

October 6, 2016 by Canadian Underwriter

The use of comparison sites to buy auto and home insurance is developing rapidly, but continues to trail in Canada and the United States relative to the United Kingdom and continental Europe, according to new consumer research from Finaccord. On

Alternate Channels
Feature AssociationsInsuranceMergers and AqcuisitionsTechnology

Customer Connections

October 5, 2016 Angela Stelmakowich, Editor and Greg Meckbach, Associate Editor

Turning Insurance Outside-In was the theme of the fourth annual Executive Forum in Toronto. Speakers touted the benefits of creating a digital experience in multiples channels.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Commercial insurance for Airbnb hosts available in Iowa from insurtech startup Slice

October 5, 2016 by Canadian Underwriter

Slice Labs Inc. announced Wednesday the launch of a private beta in which commercial insurance is being offered to hosts in Iowa who rent their homes. “The first product applies to homeshare hosts renting their homes on various homeshare platforms,”

News InsuranceMergers and AqcuisitionsTechnology

Autonomous cars will reach sales of 24 million units in 2030 from 0.2 million in 2020: research report

October 5, 2016 by Canadian Underwriter

The first autonomous cars will debut in 2020, with the total number of new registrations forecasted to grow at a compound annual growth rate (CAGR) of 62% from 0.2 million units in 2020 to reach 24 million units in 2030,

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Engineering insurers’ working group calls for ‘greater risk dialogue’ on cyber threats

October 4, 2016 by Canadian Underwriter

Cyber insurance coverage “should not replace” information technology security measures, and cyber risk can have an effect across engineering projects, the International Association of Engineering Insurers (IMIA) warned Tuesday. “The perception that cyber events do not cause physical damage is

News InsuranceMergers and AqcuisitionsTechnology

IBM and Majesco form five-year partnership to accelerate new global insurance services

October 3, 2016 by Canadian Underwriter

Technology company IBM announced on Monday a five-year partnership with Majesco – a global provider of core insurance software, consulting and services for insurance business transformation – to jointly offer a new cognitive, cloud-based platform to help insurance carriers worldwide

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentTechnology

Cyber and data privacy breaches top risk for global transportation industry executives: Willis Towers Watson study

October 3, 2016 by Canadian Underwriter

The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers

Greg Meckbach, Associate Editor
Feature Markets / CoveragesMergers and AqcuisitionsTechnology

Defining the Threat

October 2, 2016 Greg Meckbach, Associate Editor

Brokers need to determine both the true threats and true opportunities.

News AssociationsInsuranceLegislation / RegulationProfessional DevelopmentTechnology

Brokers’ challenges presenting opportunities: new IBAC president

October 1, 2016 Jason Contant, Online Editor

The issues facing the broker channel – such as the regulatory environment and technology – are collective, but the channel is strong together, Robert Harrison, new president of the Insurance Brokers Association of Canada (IBAC), said during the association’s annual