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Deloitte Canada
The hard part about making artificial intelligence work
December 11, 2018 by Greg MeckbachUsing artificial intelligence, brokers can gain valuable insights from data, but making decisions based on those insights might be easier said than done. “There is an issue that all companies struggle with. It’s one thing to gain insights out of…
What is creating confusion in the cyber insurance market?
January 25, 2018 by Jason ContantThe lack of understanding around what is covered and how products are priced continues to sow confusion in the cyber insurance market. Robin Shufelt, assistant vice president of technology and cyber with The Sovereign General Insurance Company (a member of…
The cyber extortion threat that your policies may overlook
January 24, 2018 by Jason ContantA new cyber threat has emerged and it’s something that cyber insurance policies may not even cover. Proactive extortion occurs when a cybercriminal contacts a selected company, by email or even “snail mail,” and informs the company that it has…
Buying a cyber policy? Make sure it’s retroactive
January 24, 2018 by Jason ContantWhen it comes to cyber insurance policies in Canada, retroactivity is noticeably absent from coverage, a cybersecurity expert told Canadian Underwriter Tuesday. Consider the following example: unbeknownst to a business, malware had existed in the organization’s computer system since November…
Innovative technologies clustered on expectations side, most types of technology two to 10 years away: CIAA event speaker
April 19, 2017 by Angela StelmakowichThe influence of technology will be more clearly felt in the next 10 or 15 years as opposed to the next few years, Duncan Stewart, director of technology, media and telecommunications research for Deloitte Canada, suggested during a Canadian Insurance…
Consumers starting to expect zero friction, omni-channel offering key: CIAA event speakers
April 18, 2017 by Angela StelmakowichInsurance 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…
Carriers should more fully explore potential in episodic insurance, CIAA event hears
April 17, 2017 by Angela StelmakowichInsurance carriers need to more seriously consider the potential that exists in episodic insurance and how such an approach could alter offerings, Mukul Ahuja, leader of insurance strategy and innovation at Deloitte Canada, suggested Thursday. “Not nearly enough carriers are…
Autonomous vehicles coming, but auto books will not disappear any time soon: CIAA event speaker
April 17, 2017 by Angela StelmakowichAutonomous vehicles are coming, but there is no need for property and casualty insurers to panic that their auto books are going to quickly disappear, Andrew Lo, president and chief operating officer of Kanetix Ltd., said Thursday at the Canadian…
Canadian Underwriter, DMTI Spatial webinar on Feb. 15 to explore analytics, location intelligence in insurance
January 12, 2017 by Canadian UnderwriterCanadian Underwriter magazine and DMTI Spatial are offering a webinar Feb. 15th on advanced analytics and location intelligence. The webinar, scheduled at 10:00 a.m. Eastern time, is titled Adapting to Digital Disruptions: How Advanced Analytics and Location Intelligence Helps the…