Canadian Underwriter

Keyword
artificial intelligence


News InsuranceMarkets / CoveragesProductsTechnology

Silicon Valley Insurance Accelerator launches insurtech innovation lab

March 30, 2017 by Canadian Underwriter

Silicon Valley Insurance Accelerator (SVIA) announced on Thursday the launch of its InsurTech Innovation Lab, which can “fast track projects from simple proof of concepts to standing up complete solutions, products and even companies.” The research, design and development centre

News Technology

Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada

March 29, 2017 by Canadian Underwriter

Polled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)

News InsuranceMergers and AqcuisitionsTechnology

Ottawa promises funding to address risk of food contaminated by listeria, artificial intelligence research

March 24, 2017 by Canadian Underwriter

The federal government is proposing to spend $125 million on a “strategy” for artificial intelligence, to be administered by the Canadian Institute for Advanced Research (CIFAR). “From smartphone applications that can understand human speech to self-driving cars, artificial intelligence is

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentTechnology

CEOs “particularly” anxious about data breaches: PwC survey

February 13, 2017 by Canadian Underwriter

Nearly one in four chief executive officers surveyed by PriceWaterhouseCoopers “strongly agree” that how their firms manage people’s data will “differentiate” their companies. “CEOs are particularly anxious that breaches in data security and ethics, and IT outages and disruptions could

News InsuranceMarkets / CoveragesTechnology

Ford investing US$1 billion over five years in AI company to develop virtual driver system

February 13, 2017 by Canadian Underwriter

Ford Motor Company has announced it is investing US$1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential

News InsuranceProfessional Development

Canadian P&C industry to celebrate National Education Month in February

February 1, 2017 by Canadian Underwriter

Canada’s property & casualty industry will celebrate National Education Month in February, showcasing the education and professional development of insurance professionals across the country. The Insurance Institute of Canada (IIC) has expanded its annual National Education Week to a month

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Worldwide IT spending forecast to grow 2.7% in 2017: Gartner

January 13, 2017 by Canadian Underwriter

Worldwide spending on information technology is projected to total US$3.5 trillion in 2017, a 2.7% increase from 2016, according to Gartner, Inc. Gartner, a Stamford, Conn.-based IT research and advisory company, noted in a statement on Thursday that the growth

News Insurance

Lemonade Insurance Company files for licences in 46 states

December 22, 2016 by Canadian Underwriter

Lemonade Insurance Company announced on Friday that it has filed for a licence in 46 states and the District of Columbia in the United States, in addition to New York, where it was licensed three months ago. Lemonade, the renters

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Deep learning, autonomy will accelerate birth of new US$1 trillion autonomous mobility services market by 2030: KPMG

November 25, 2016 by Canadian Underwriter

A new “mobility services market” tied to products and services related to autonomy, mobility and connectivity will be worth well over US$1 trillion globally by 2030, according to a new report from KPMG. Deep learning – an advanced form of

News InsuranceMergers and AqcuisitionsTechnology

Autonomous vehicle tech company Nauto enters into strategic agreements with Allianz Ventures, BMW and Toyota

October 11, 2016 by Canadian Underwriter

Autonomous vehicle technology company Nauto announced on Friday that it has entered into strategic agreements with BMW i Ventures, the Toyota Research Institute and Allianz Ventures, part of global financial services provider and insurance company Allianz Group. These companies have

News Earnings / RatingsInsuranceMarkets / CoveragesReinsuranceTechnology

Technology driving long-term transformation of the insurance industry; price levels expected to stabilize: Swiss Re

September 12, 2016 by Canadian Underwriter

Technological developments will profoundly change the way in which the re/insurance industry develops, distributes, underwrites and administers the insurance protection it sells to consumers, Swiss Re said on Monday. New technologies such as cognitive and cloud computing as well as