Keyword
COVID-19
Cyber risks involved with digital contact tracing
May 19, 2020 by Adam MalikHealth officials are recommending time-honoured techniques to help reduce the spread of the novel coronavirus. Today’s technology can make these methods more effective than they’ve ever been, a researcher argued recently, but that means people would have to sacrifice one…
‘BI coverage’ misnomer puts the P&C industry behind the 8-ball: U.S. expert
May 14, 2020 by Adam MalikThe insurance industry set itself up for a public relations disaster when it comes to business interruption claims, and it should be prepared to be called out more often on the name given to the coverage, says one risk researcher.…
CU Editorial: A survival guide for the next Recession
May 11, 2020 by David GambrillThe novel coronavirus has seemingly put all businesses in Canada, including the P&C industry, in a long-term holding pattern that that is likely to last until a vaccine is available. That could be anywhere from one to two years, according…
Open roads: Driving “fast and furious” during the pandemic
May 11, 2020 by Adam MalikOntario Provincial Police caught two different drivers this past weekend going more than twice the speed limit on highways, part of a growing trend of dangerous driving on the open roads during the pandemic — and insurers are taking notice.…
How COVID-19 may change the cyber insurance landscape
May 8, 2020 by David GambrillOne long-term impact of the novel coronavirus pandemic may be an uptick in the sale of commercial cyber insurance policies, industry experts predicted during a recent Canadian Underwriter webinar. In addition, the pandemic may provide an opportunity for brokers to…
Your complete guide to preparing for a return to your offices
May 6, 2020 by David GambrillBusiness continuity plans should consider four main areas while preparing for the P&C industry workforce to return to work in an office setting, KPMG told Canadian Underwriter in an interview Friday. These four areas include: Identifying the people responsible for…
What adopted technology will stick around after the pandemic?
May 6, 2020 by Adam MalikNow that many insurance professionals have been successful working from home, plenty of technologies they are using now are expected to stick around even after the COVID-19 pandemic subsides, according to a number of P&C experts. “The tools we’re using…
Quebec’s brokers act quickly as province moves ahead with plan to re-open economy
May 5, 2020 by Adam MalikThere’s no rush to return to the office for many brokers, but that doesn’t mean there isn’t a lot to think about before heading in. While Quebec announced it will start to end its “pause” on the economy — though…
Return to the office: Acknowledging workers’ fear
May 5, 2020 by David GambrillAs the P&C industry plans to return to the office safely while remaining socially distant, perhaps the greatest challenge lies in accommodating anxious, digitally-empowered employees and clients who aren’t yet ready to return to traditional workplaces while the pandemic is…
Brokers urged to plan now for eventual return to the office
May 4, 2020 by David GambrillCanadian brokers are now turning their minds towards returning back to the office safely while the novel coronavirus pandemic is still underway and a vaccine has yet to be developed. Brokerages across Canada will need to be aware of what…
How COVID-19 will forever change this line of business
May 1, 2020 by Jason ContantCOVID-19 has highlighted the concerns associated with clustering suppliers in one region, such as China. Supply chain risk is one area of insurance that will see changes in the post-pandemic world, according to Tracy McLean, senior vice president of global…
Why it’s hard to determine liability when a plaintiff catches coronavirus in nursing home
May 1, 2020 by Greg MeckbachLiability insurers and courts could be entering uncharted legal territory when dealing with class-action lawsuits against nursing homes or long-term care homes in which residents have become sick and died from the coronavirus. In some cases, a question before a…