Topic Technology
CSIO introduces new eSignatures savings calculator
April 26, 2016 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) announced on Tuesday that it has released its new eSignatures Savings Calculator tool, which supports members in determining the return on investment (ROI) of adopting an eSignatures solution. The calculator estimates the…
Aviva Canada, ICLR team up for free emergency preparedness mobile app
April 26, 2016 by Canadian UnderwriterAviva Canada has partnered with the Institute for Catastrophic Loss Reduction (ICLR) for the creation of a free emergency preparedness mobile app. The free Plan & Protect app, announced on Tuesday, can be downloaded to mobile devices, where users will…
Success for insurers involves “dramatic” transformation of workforces and cultures for digital world: Accenture study
April 26, 2016 by Canadian UnderwriterInsurers who succeed will “do so by dramatically transforming their workforces and cultures to operate in a digital world,” according to a report released on Tuesday by Accenture, a global professional services company providing a broad range of services and…
Kanetix Ltd. partners with ClientDesk to help insurance industry engage with customers digitally
April 25, 2016 by Canadian UnderwriterKanetix Ltd. has partnered with ClientDesk Inc. to offer a new insurance solution to insurance providers, intermediaries and their customers – a mobile self-service technology for policyholders that allows insurance providers to connect with their clients via a mobile app.…
Understanding the changing customer key to helping prevent disruption, CIP Symposium speaker says
April 24, 2016 by Jason Contant, Online EditorNot understanding the changing customer could prove detrimental to the insurance industry, Sam Natur, CEO and president of Bullfrog Insurance, told conference attendees last week at the 2016 CIP Society Symposium in Toronto. “If you think that’s not going to…
YIPT autonomous vehicles panel addresses product liability, future need for personal auto insurance
April 22, 2016 by Canadian UnderwriterThe first fully autonomous cars could be in showrooms in a few years, attendees to the Young Insurance Professionals of Toronto (YIPT) second annual Speaker Panel Series heard last week. “You will see the first fully autonomous cars in showrooms…
Personal lines set to dramatically change, but will not disappear altogether: speakers at CIP Symposium
April 22, 2016 by Jason Contant, Online EditorWith the number of disruptors entering the insurance industry, personal lines insurance is set to undergo a dramatic transformation, but will likely not disappear altogether, speakers suggested Thursday at the 2016 CIP Society Symposium. Catherine Kargas (picture below right), vice…
Half of CEOs worldwide expect substantial digital transformation, Gartner survey finds
April 21, 2016 by Canadian UnderwriterHalf of CEOs worldwide expect their industries to be “substantially or unrecognizable transformed” by digital change, according to a survey released on Wednesday by Stamford, Conn.-based information technology research and advisory company Gartner Inc. The 2016 CEO Survey: The Year…
Vast majority of tested applications have at least one vulnerability: cyber security report
April 20, 2016 by Canadian UnderwriterCyber criminals are increasingly making use of malware-as-a-service, an issue of concern given that 97% of applications tested by Trustwave in 2015 had at least one vulnerability, note findings from the 2016 Trustwave Global Security Report. While the lion’s share…
Quebec financial services regulator urges caution over peer-to-peer risk sharing platforms
April 20, 2016 by Canadian UnderwriterQuebec’s financial services regulator is urging caution following the “recent emergence of peer-to-peer risk sharing platforms.” The Autorité des marchés financiers (AMF) said in a press release on Tuesday that it has noticed that companies are offering consumers platforms where…
Drone collision with jet highlights growing aviation danger
April 18, 2016 by Jill Lawless - THE ASSOCIATED PRESSLONDON – A collision between a British Airways passenger jet and a drone over London has left the plane undamaged but the aviation industry deeply shaken. British police and air accident authorities were investigating Sunday’s incident, in which an Airbus…
Two-thirds of polled Canadians do not trust self-driving vehicles, but think there are benefits in the future: CAA
April 18, 2016 by Canadian UnderwriterCanadians are wary of driverless cars, with nearly two-thirds saying they would not trust a vehicle to drive itself while they are in it, according to new research released on Monday by the Canadian Automobile Association (CAA). CAA said that…