Canadian Underwriter

Keyword
big data

News Technology

The ‘biggest hurdle’ to making artificial intelligence useful

November 28, 2018 by Greg Meckbach

Figuring out what products your customers might buy next or what they are complaining about are two ways you could be using artificial intelligence now, the founder of a big data vendor suggests. “In the future you are going to

News AssociationsBrokersTechnology

What carriers want from this insurtech brokerage

November 27, 2018 by Greg Meckbach

Some insurers are looking for brokers who can help them use big data to customize products for small businesses, an insurtech founder suggests. “Big data is a loose term,” Mark Morissette, founder and CEO of Foxquilt said Tuesday in an

News Markets / CoveragesTechnology

Time has come for national big data strategy

February 5, 2018 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – Tech leaders are challenging the federal Liberal government to get serious about reaping the rewards of one of the next big frontiers in the information revolution: big data. Canadian CEOs and academics have been pushing Ottawa for months

News AnnouncementsAppointmentsInsuranceMergers and AqcuisitionsTechnology

Octo Telematics to acquire Willis Towers Watson’s UBI assets; firms to partner on insurance-related products

October 12, 2017 by Canadian Underwriter

Octo Telematics and Willis Towers Watson (WTW) have reached an agreement in which the former will acquire the latter’s usage-based insurance (UBI) assets, setting the stage for the two companies to work together on more auto telematics opportunities. Leveraging Octo’s

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Incremental disruption in insurance industry “like death by a thousand cuts”: Insurance Analytics Canada speaker

June 30, 2017 Jason Contant, Online Editor

The insurance industry has been very incremental in dealing with disruption and needs a drastic shift from historical analysis to predictive, future risk models, a speaker suggested on Wednesday at the Insurance Analytics Canada Summit. “You cannot disrupt with incrementalism,”

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentTechnology

Majority of global financial institutions to ramp up transformation initiatives over next year, Accenture survey finds

June 26, 2017 by Canadian Underwriter

An Accenture survey of nearly 800 financial services executives across Europe, Asia and North America found that more than half of financial institutions plan to increase their investments in major corporate transformation initiatives, or “change programs,” over the next 12

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Insurance industry will be “profoundly disrupted” by technological change, global forum hears

June 15, 2017 by Canadian Underwriter

The insurance industry will be profoundly disrupted by technological change, Vincent J. Dowling, Jr., managing partner of Dowling & Partners Securities LLC, told attendees at Marsh & McLennan Companies, Inc. (MMC)’s Young Professionals’ Global Forum 2017 in London, U.K. on

News InsuranceTechnology

Master data management necessary to help make sense of big data: Novarica

June 7, 2017 by Canadian Underwriter

Key to supporting best practices in master data management (MDM) is to develop a single view of MDM that can be referenced by all systems, reporting and business processes, suggests a new brief from research and advisory firm Novarica. Issued

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Brokers present ideas for innovative technologies at Aviva Canada’s BrokerTech Launchpad

June 1, 2017 by Canadian Underwriter

Aviva Canada announced on Wednesday that it has received its first presentation of ideas from its BrokerTech LaunchPad pilot program, “a program that gives insurance brokers the opportunity to present their ideas for technologies to disrupt, transform and lead the

News CatastrophesInsuranceMergers and AqcuisitionsReinsuranceTechnology

Data analysis may start to focus more on modelling the process than the data itself, CIFF speakers suggest

May 29, 2017 Jason Contant, Online Editor

Data analysis may start to focus more on modelling the process than the data itself, speakers suggested last week at the Canadian Insurance Financial Forum (CIFF). Although modelling began decades ago to model the process of financial catastrophes, there is

News AssociationsInsuranceTechnology

Consumers starting to expect zero friction, omni-channel offering key: CIAA event speakers

April 18, 2017 by Angela Stelmakowich

Insurance is among the services that must offer an omni-channel experience if it expects to address the expectations of consumers as the complexity of their demands shift, Duncan Stewart, director of technology, media and telecommunications research for Deloitte Canada, suggested

Feature Claims CanadaInsurance

How Data Empowers Cutting-Edge Claims Processes

February 10, 2017 Dara Banga, president, DSB Claims Solutions

The insurance claims process has traditionally been inefficient, and insurance companies are trying to use computer analytics to improve the process