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Global insurance CEOs concerned about skills shortages and related pace of technological change: PwC survey

February 22, 2017 by Canadian Underwriter

Insurance CEOs have the biggest concerns in the financial services industry over skills shortages and the related pace of technological change, according to a new survey from PwC. The survey, titled Ahead of the curve: Confronting the big talent challenges

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Global IoT insurance market to reach nearly US$43 billion by 2022: study

February 6, 2017 by Canadian Underwriter

The global Internet of Things (IoT) insurance market is estimated to grow dramatically at a compound annual growth rate (CAGR) of 65.89% to reach US$42.76 billion by 2022 from 2016, according to a new report from Research and Markets. The

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AIG quadruples global property terrorism insurance limits to $1 billion

October 26, 2016 by Canadian Underwriter

American International Group, Inc. (AIG) announced on Wednesday that it has raised its property terrorism insurance limits globally to $1 billion. The larger capacity is available to clients on a standalone basis or as expanded limits within AIG’s Large Limits

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Business intelligence data analytics users in U.S. say structured data tops unstructured data: Clutch

August 16, 2016 by Canadian Underwriter

The lion’s share of business intelligence (BI) data analytics users in the United States taking part in a recent Clutch survey regard structured data like internal information as more important than unstructured data, such as social networks. In all, 83%

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Employing Location Intelligence to Deliver on the Promise of P&C Coverage

August 5, 2016 Rob Daleman, VP, Corporate Marketing, DMTI Spatial

Location intelligence is an important tool for property insurance claims managers. In a major catastrophe, insurers can plot the area of impact and get a total of aggregate risk in the area.

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Insurers who look at the future of data analytics most likely to succeed: speaker at Insurance Analytics Canada

May 15, 2016 Jason Contant, Online Editor

Data analytics needs to be seen as a continuous journey, not just a destination, and those insurers that look forward to analytics in 10 years’ time will be the most likely to succeed, a speaker suggested on Friday at the