Keyword
Baby Boomers
Insurance providers advised to check assumptions that younger generation is comfortable buying online
August 29, 2017 Greg Meckbach, Associate EditorThere is a “convergence” of attitudes towards technology across all age groups and insurance providers need to question their assumptions about buying habits of different demographic groups, speakers suggested Tuesday at the Insurance-Canada.ca Executive Forum. “We want to make sure…
Many polled Canadians aren’t researching options before buying financial products: LowestRates.ca survey
August 16, 2017 by Canadian UnderwriterWhile Canadians may head online to compare prices on flights or when booking a hotel, most aren’t researching their options before buying financial products, according to a new survey from comparison site LowestRates.ca. The online survey, conducted last month by…
Canadians “greatly overestimate” their financial literacy skills, including those related to auto insurance: survey
June 27, 2017 by Canadian UnderwriterMore than two-thirds (67%) of polled Canadians responded incorrectly when asked if an expensive car always costs more to insure that a cheaper car, according to a new survey on Canadians’ financial literacy. Commissioned by Toronto-based LowestRates.ca, which provides a…
Canadians want more regulatory review of emerging technologies: Accenture
May 25, 2017 by Canadian UnderwriterCanadians prioritize regulatory reviews of drones, autonomous vehicles and online user agreements above those of other emerging technologies, according to new research from global professional services company Accenture. For the research, an Ipsos I-Say panel interviewed a sample of 1,003…
Soft and hard disruptors will vastly transform Canadian collision industry in next 10 years: CCIF speaker
January 27, 2017 Jason Contant, Online EditorThe Canadian collision industry will be “ripped apart beyond belief” in a decade by several disruptors, including connected autonomous vehicles and ridesharing, a speaker suggested Friday at the Canadian Collision Industry Forum (CCIF) meeting in Vaughan, Ont. Andrew King, managing…
Calgary city council changes rules to accommodate Uber operations
November 29, 2016 The Canadian PressCALGARY – The ride-hailing service Uber is now free to do business in the City of Calgary. City council has voted to amend its rules, meaning the fee structure for ride sharers would now be scalable and the application process…
U.S. Millennial small business owners more prepared for natural disasters and cyberattacks than previous generations: study
August 18, 2016 by Canadian UnderwriterMillennial small business owners in the United States are more likely than Gen X or Baby Boomers to have plans for natural disasters, cyberattacks, retirement benefits and even business succession, a new study has found. The second annual Small Business…
Global P&C insurance market forecast to grow at a compound annual growth rate of 5.77% from 2016 to 2020
May 31, 2016 by Canadian UnderwriterThe global property and casualty insurance market is forecast to grow at a compound annual growth rate (CAGR) of 5.77% during the period of 2016 to 2020, according to a new report from Research and Markets. The report from the…
North American workers exhibit risky cloud behavior, study finds
April 14, 2016 by Canadian UnderwriterEnterprise cloud adoption has matured in recent years, but employees using cloud apps continue to display “reckless technology habits” that put their employers at risk, according to a study released on Wednesday by a North American IT solutions and managed…