February 5, 2018 by Staff
The poll, which appears in a recent IBC report entitled “An Innovation Agenda for Ontario’s Insurance Industry,” found that 74% of Ontarians would like the option of receiving their insurance documents electronically.
“The speed of technological change has outstripped the pace of policy and regulatory change,” Kim Donaldson, IBC’s vice-president, Ontario, said in a news release. “Ontario’s property and casualty insurers are looking for the provincial government’s commitment to modernize insurance laws to put customers’ needs first and meet their evolving online financial needs.”
IBC also found that nearly 8 in 10 Ontarians believe insurance information that is available online is just as safe as paper-based communications.
The poll, conducted by market research firm Leger, surveyed 1,210 Ontarians between Jan. 24 and 26, 2018, and is considered accurate within +/-2.8%, 19 times out of 20.
Canadian Insurance Top Broker is now on Facebook (facebook.com/TopBrokerMag) as well as LinkedIn (linkedin.com/company/citopbroker) and Twitter (twitter.com/CITopBroker). Follow us for easy access to the top P&C news you need to know.
This story was originally published by Canadian Insurance Top Broker.