Features
The Proof is in The Digital Wallet
March 16, 2018 Michael Spiar, Broker Relations & Communications Specialist, Centre for Study of Insurance Operations (CSIO)An industry-wide solution for electronic delivery of insurance policy documents, including proof of auto insurance insurance (eSlips), has arrived in Canada. The Centre for Study of Insurance Operations (CSIO) in February launched My Proof of Insurance, an industry solution enabling…
Who’s afraid of blockchain?
March 14, 2018 Clive Bird, Account Executive, Axis Insurance GroupAs blockchain-related businesses flourish, they are finding a lukewarm reception in the insurance market. Regardless of the company’s coverage needs, most traditional insurers are reluctant to release capacity and often decline to offer any level of coverage. Let’s look at…
How Tech Will Change What You Do
March 11, 2018 David Gambrill, Editor-in-ChiefImproved data technologies will soon transform the insurance model, changing you from an insurance professional who underwrites and sells policies into a holistic risk advisor.
Tipping point
March 7, 2018 Rick Orr Owner, Account Executive Orr Insurance Brokers Inc.APIs liberate the broker channel from the inefficiencies caused by individual market solutions for data exchange.
The Chaotic Universe of Cyber
March 5, 2018 Jason Contant, Online EditorCyber insurance has undergone its own version of ‘The Big Bang’ recently, with carriers now offering a bewildering array of options, definitions, endorsements, and exclusions–most of which defy standardization.
Some Assembly Required
February 27, 2018 David Gambrill, Editor-in-ChiefAuto lines across Canada are in dire need of repair right now. In a fairly benign year, with virtually no major catastrophe events, the Canadian property and casualty industry still came dangerously close to losing money, posting a relatively disappointing…
Gavan’s Global Perspective
February 21, 2018 Greg Meckbach, Associate EditorHuge gaps in earthquake coverage in eastern Canada, the impact of climate change on property damage, and harmonizing regulations across the globe are all top of mind for Karen Gavan, the former CEO of Waterloo, Ont.-based Economical Insurance. Perhaps best…
Why insurers will never build a ‘killer app’
February 16, 2018 Atul Vohra, Regional Managing Director, Solera Canada, India and AustraliaCompetition nowadays for a space on a consumer’s smartphone screen is fierce. We all hear stories of the so-called “killer apps” — they seem to be on everyone’s device, set record download numbers, and propel their creators to fame and,…
Hazards of Adjusting
February 14, 2018 Chris Ciasnocha, Senior Associate, Multidisciplinary Remediation; Joelle Reid, Associate Environment; and Jeff Reitsma, Practice Lead, Multidisciplinary Remediation, 30 Forensic EngineeringDiscover an environmental hazard while adjusting a loss? You’d better report it.
The Latest Opportunity in Cyber Coverage
February 12, 2018 Eduard Goodman, Global Privacy Officer, CyberScoutCanadian businesses will soon be required to report all data breaches. Here’s how you can meet their need for cyber coverage.
Fraud Squad
February 8, 2018 Kim Donaldson, Vice-President, Ontario Region, Insurance Bureau of CanadaOntario wants to stamp out auto insurance fraud by creating a dedicated team of fraud prosecutors. Here’s what P&C insurers think of the plan…
Sole Consequence
February 5, 2018 Michael S. Teitelbaum, Partner, Hughes Amys LLPWill one word – ‘solely’ — affect the scope of additional insured coverage? In Brookfield Johnson Controls Canada LP v. Continental Casualty Company, Ontario Superior Court Justice Jane Ferguson considered the breadth of an insurer’s duty to defend an additional…