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Flying cars may appear in urban skies by 2023

December 17, 2018 Christopher Reynolds - THE CANADIAN PRESS

The flying cars depicted in science fiction classics such as “Blade Runner” and “The Fifth Element” have long been seen as flights of fancy, but their arrival is closer than you think. At least a dozen companies are prototyping or

News BrokersTechnology

How to carve out more time to advise your small business clients

October 14, 2018 by Greg Meckbach

Small business clients want to spend less time filling out insurance application forms and more time getting advice from their brokers, an insurance technology expert says. “Unlike personal insurance, where there is more propensity to go direct, small business owners

News ClaimsRiskTechnology

One easy way for retailers to manage cyber risk

July 30, 2018 by Greg Meckbach

Retailers can reduce cyber liability risk if managers know exactly where computer files containing sensitive information is stored. Many retailers are “expanding their digital footprints” and storing personal information – such as customers’ names and addresses – on computers, noted

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Top court finds auditor liable for failing to detect white-collar crime

December 20, 2017 by Canadian Underwriter

Auditing firm Deloitte must pay $40 million in damages to a Canadian broadway musical company whose founders perpetrated a fraud that the auditor failed to detect, the Supreme Court of Canada ruled in a divided decision released Wednesday. Canada’s highest

News InsuranceMarkets / Coverages

Brokers placing fidelity coverage should be ‘involved early on’ in fraud investigations: RIMS speaker

September 26, 2017 Greg Meckbach, Associate Editor

Risk managers dealing with internal fraud investigations need to get brokers and carriers involved early in any fraud investigation, regardless of whether or not criminal charges are being pursued, and ensure that evidence is preserved, RIMS Canada Conference speakers suggested

News InsuranceLegalMergers and AqcuisitionsTechnology

Deloitte says email cyberattack affected ‘very few clients’

September 25, 2017 The Associated Press (APR)

LONDON – Accounting firm Deloitte says it has launched a thorough investigation into a cyberattack that hit its email system. The company said in a statement Monday that the breach had affected “very few clients” and that government authorities were

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation

August 18, 2017 by Canadian Underwriter

Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps

News InsuranceMergers and AqcuisitionsTechnology

Zurich North America, Deloitte collaborating on cyber protection

February 14, 2017 by Canadian Underwriter

Zurich North America and Deloitte reported on Tuesday that they are working together to provide services for customers to help them better understand and protect themselves from cyber related risks. Initial offerings include risk transfer options provided by Zurich and

News InsuranceMarkets / CoveragesTechnology

Global consumers skeptical about safety of fully autonomous vehicles: Deloitte study

January 18, 2017 by Canadian Underwriter

Consumers around the world remain skeptical about the safety of fully autonomous vehicles and hold widely divergent views on who they trust to bring autonomous vehicles to market, according to a new study from Deloitte. The study, What’s ahead for

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

City of Prince Albert, Sask. seeks financial remuneration from Husky Energy following oil spill

August 11, 2016 by Canadian Underwriter

The City of Prince Albert, Sask. has begun its claims process seeking financial remuneration from Husky Energy following a lengthy oil spill that the city says has cost it millions of dollars. The city  is seeking compensation on a wide

News Professional DevelopmentTechnology

Uncertain times highlight need for change at the CFO, finance levels: Deloitte

March 29, 2016 by Canadian Underwriter

An increasingly uncertain business climate means finance departments have just four to five years to modernize if they are to meet the rising expectations of the organizations they serve, suggests a report issued Tuesday by Deloitte. Chief financial officers (CFOs)