Keyword
CSIO
Is the slow pace of regulatory change putting the industry at risk?
June 19, 2018 by Jason ContantThe insurance industry is at risk if regulators don’t recognize that consumer expectations are changing and allow consumers the choice of receiving their policy documents electronically, the president and chief executive officer of the Centre for Study of Insurance Operations…
Industry close to consensus on insurer-broker connectivity
May 2, 2018 by Jason ContantThe insurance industry in Canada is getting close to consensus on connectivity between insurance brokers and carriers, an Applied Systems executive said Tuesday at the company’s Executive Symposium in downtown Toronto. “I truly believe that we are fairly close to…
‘Word on the street’ about Ontario auto electronic pink slips
April 27, 2018 by Greg MeckbachOnly one province in Canada officially accepts electronic proof of auto insurance right now, but industry scuttlebutt suggests police are already accepting them in some quarters, and Ontario will soon be in line to accept the electronic slips. “Word on…
Former IBAS president Wasylenko acclaimed to CSIO board
April 18, 2018 by Greg MeckbachSheldon Wasylenko is among the brokers acclaimed Tuesday to the board of directors of the Centre for Study of Insurance Operations (CSIO). Wasylenko previously served as president of the Insurance Brokers Association of Saskatchewan. He also serves on the board…
Which insurance carriers are no longer using Z-codes to denote coverage
April 18, 2018 by Greg MeckbachMore than a dozen Canadian property and casualty insurers are using standardized codes to denote coverages, endorsements and discounts in broker’s databases. Thirteen insurer members of the Centre for Study of Insurance Operations ‘are now 100% standards-compliant,” meaning they are…
Some broker BMS providers offering connectivity to CSIO’s eSlips solution
March 27, 2018 by Jason ContantIn a sign of cooperation within Canada’s competitive P&C industry, some broker management system (BMS) providers are using APIs supplied by the Centre for Study of Insurance Operations (CSIO) to make eDelivery available to Canadian brokers using a variety of…
Applied Systems partners with CSIO on electronic policy documents solution
March 26, 2018 by Jason ContantBroker management system (BMS) provider Applied Systems announced Monday that it has expanded its partnership with the Centre for Study of Insurance Operations (CSIO) to integrate CSIO’s My Proof of Insurance eDelivery solution with Applied Epic and Applied TAM in…
Electronic proof of insurance now available, even if regulations aren’t
February 22, 2018 by David GambrillThe Centre for Study of Insurance Operations (CSIO) has launched its My Proof of Insurance eDelivery solution, enabling CSIO members to send consumers digital policy documents (including proof of auto insurance, or ‘eSlips’) for personal and commercial lines. The announcement…
What happens to your clients’ outdated pink slips?
January 29, 2018 by Jason ContantWhen Nova Scotia became the first jurisdiction in Canada to allow electronic proof of automobile insurance (EPAI), it opened up a whole new world for insurers to offer the digitized pink slips to their consumers. Nova Scotia’s move “will be…
First Canadian insurance regulator approves electronic pink slips
January 25, 2018 by Jason ContantThe Office of the Superintendent of Insurance of Nova Scotia has become the first regulator in Canada to permit electronic proof of auto insurance (EPAI). Earlier this month, the provincial superintendent of insurance, William Ngu, released a bulletin outlining the…
Provincial brokers hearing consumer demand for electronic pink slips
November 23, 2017 Greg Meckbach, Associate EditorNova Scotia motorists will probably get permission early next year to present electronic proof of auto insurance without having to carry paper pink slips in their vehicles, the president of the province’s broker association predicts. Insurance Brokers Association of Nova…
Standardizing Codes
November 6, 2017 Catherine Smola, president and chief executive officer, Centre for Study of Insurance OperationsInsurance brokerage databases for customer insurance policies rely on computer codes to identify elements endorsements, discounts and coverages. But when different insurance companies use different codes for the same element, it can require more work from brokers wanting to analyze the data.