Canadian Underwriter

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Feature Technology

Why insurers will never build a ‘killer app’

February 16, 2018 Atul Vohra, Regional Managing Director, Solera Canada, India and Australia

Competition 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,

News InsuranceMarkets / CoveragesTechnology

Insurer launches new Cyber Alert app

November 14, 2017 by Canadian Underwriter

Chubb announced on Tuesday the launch of its Cyber Alert mobile app, designed to offer Canadian and U.S. commercial cyber customers “rapid incident response options and resources in the event of a cyber incident.” The Cyber Alert app provides policyholders

News InsuranceMarkets / CoveragesTechnology

Ajusto program users report improved driving behaviour, Desjardins General Insurance Group says

October 12, 2017 by Canadian Underwriter

Three-quarters of polled users of Desjardins General Insurance Group’s (DGIG) Ajusto program for usage-based auto insurance have reported improved driving behaviours. Close to 75% of respondents to an online survey conducted in September said that they had improved their driving

News InsuranceLegislation / RegulationMergers and AqcuisitionsProductsTechnology

B.C. Green Party leader to re-introduce ridesharing legislation in the fall

August 22, 2017 by Canadian Underwriter

The leader of the BC Green Party said on Monday that he will re-introduce legislation this fall to enable ridesharing in the province.
Andrew Weaver said in a press release that he has twice introduced the Ridesharing Enabling Act, once in April 2016 and again in February 2017.
“All parties want to see B.C. be a leader in the emerging economy,” Weaver said in the release. “To do so, government must take a proactive, responsive approach that considers the wide ranging impacts of technological innovation. Vancouver is the largest…

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Ridesharing anticipated in B.C. by “end of 2017,” province unveils measures to help taxi industry modernize

March 8, 2017 by Canadian Underwriter

The government of British Columbia announced on Tuesday a series of improvements for the taxi industry in anticipation of “ride-sharing services coming to British Columbia by the holiday season at the end of 2017,” including improving certain insurance products, potentially

News InsuranceLegalMarkets / CoveragesMergers and AqcuisitionsTechnology

Drop in traditional malware and rise in mobile malware, but vigilance still key: U.S. research

August 19, 2016 by Canadian Underwriter

The number of active malware families attacking business networks fell by 5% in July – representing the first such decrease in four months – while mobile variants rose, notes new threat research from Check Point Software Technologies Ltd. Check Point

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Uber gets green light from city council to operate legally in Toronto

May 4, 2016 The Canadian Press

TORONTO – Uber is voicing its thanks after Toronto city council gave the ride-hailing service the green light to operate legally in the city. In a message to those who use its app, Uber said Toronto Mayor John Tory and

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Ottawa city council approves new vehicle-for-hire regulations

April 13, 2016 by Canadian Underwriter

Ottawa city council announced on Wednesday that it has approved new vehicle-for-hire regulations, making it one of the first Canadian jurisdictions to adopt regulations for private transportation companies (PTCs). In January, Edmonton became the first jurisdiction in Canada to legalize

News CatastrophesInsuranceTechnology

RMS launches app to model ‘cat-in-a-box’ deals

April 7, 2016 by Canadian Underwriter

Risk Management Solutions, Inc. (RMS) announced on Thursday that it has released the “first ever” app to model ‘cat-in-a-box’ deals. The cloud-based app extends the ability to independently assess and underwrite parametric contracts from a small group of cedant, brokers