Topic Education
Majority of businesses and economies not ready for digital platforms: Accenture
September 14, 2016 by Canadian UnderwriterThe majority of businesses and economies are not ready for digital platforms, according to a new report released on Tuesday by global professional services company Accenture. Accenture’s report Five Ways to Win with Digital Platforms, published in collaboration with the…
AIG Innovation Challenge for Canadian-based startups in Toronto on Dec. 9
September 13, 2016 by Canadian UnderwriterAIG Canada, in partnership with the Consulate General of Canada in San Francisco and Silicon Valley, will be hosting the AIG Innovation Challenge on Dec. 9 in Toronto. AIG Canada will select 10 Canadian-based startups to pitch their products, services…
Resilience should be a goal of all organizations
September 12, 2016 by Angela StelmakowichCALGARY — Darius Delon, chair of the RIMS Canada Council, had a very simple message for those attending the annual conference in Calgary Monday: every organization can be hit by disaster, so every organization needs to be resilient. Scenario brainstorming,…
Commercial insurers in Canada face challenges, opportunities: Kadow
September 12, 2016 by Angela Stelmakowich, EditorCALGARY — Current trends around ownership of brokers by insurers is “basically leaving the mid- to large end of the commercial market to fight over,” Ulrich Kadow, chief agent, Canada for Allianz Global Corporate & Specialty Americas (AGCS), said in…
RIMS CRMP exam now available online
September 9, 2016 by Canadian UnderwriterRisk and Insurance Management Society (RIMS) Inc. announced Friday that members interested in attaining the Certified Risk Management Professional (RIMS-CRMP) designation will soon be able to take the exam online. “Eligible practitioners will be able to take the online exam…
Hub International acquires Ontario brokerage Sarjeant Insurance Brokers, second Canadian acquisition in one day
September 8, 2016 by Canadian UnderwriterGlobal insurance brokerage Hub International Limited announced on Thursday that it has acquired Barrie, Ont.-based Sarjeant Insurance Brokers Limited. Terms of the acquisitions were not disclosed. Hub has acquired the shares of Sarjeant, which specializes in providing property and casualty…
Hub International acquires New Dimensions Underwriters Ltd.
September 8, 2016 by Canadian UnderwriterGlobal insurance brokerage Hub International Limited has acquired Edmonton-based New Dimensions Underwriters Ltd. The terms of the acquisition of the managing general agency were not disclosed, notes a statement this week from Chicago-based Hub International, which provides property and casualty,…
Report details missed opportunities to stop OPM cyber breach
September 7, 2016 by Eric Tucker - THE ASSOCIATED PRESSWASHINGTON – It was time to purge the hacker from the U.S. government’s computers. After secretly monitoring the hacker’s online movements for months, officials worried he was getting too close to critical information and devised a plan, dubbed “the Big…
85% of polled companies victims of phishing scams in 2015, a 13% increase from 2014: Wombat Security
September 7, 2016 by Canadian UnderwriterMore than 8 in 10 organizations were victims of phishing scams in 2015, a 13% increase over 2014, according to companies polled recently by Pittsburgh-based information security company Wombat Security Technologies. Wombat Security compiled data from the “millions of phishing…
Symcor announces strategic relationship with Majesco to deliver a cloud-based solution to Canadian insurers
September 7, 2016 by Canadian UnderwriterSymcor Inc., a Canadian provider of business processing and client communications management systems, announced on Wednesday a strategic relationship with Majesco, a global provider of core insurance software, consulting and services for insurance business transformation. The strategic relationship adds Majesco’s…
U.S. millennials may not view insurance as “boring” after all: Vertafore
September 6, 2016 by Canadian UnderwriterMore than 90% of the millennials in the U.S. taking part in a Vertafore survey say they view the industry as fulfilling for long-term careers that meets important criteria commonly identified as essential for job satisfaction. The finding is at…
Christopher Schaper appointed chief executive officer of Marsh MGA Schinnerer Group
September 1, 2016 by Canadian UnderwriterMarsh has announced the appointment of Christopher Schaper as CEO of its managing general agent (MGA) business, the Schinnerer Group, effective immediately. In his role, Schaper will focus on the development and advancement of Marsh’s existing MGA businesses in Canada…