Canadian Underwriter

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drones


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Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada

March 29, 2017 by Canadian Underwriter

Polled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)

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Personal, commercial drone market revenue expected to increase 34% to reach US$6 billion+ in 2017: Gartner

February 13, 2017 by Canadian Underwriter

Production of drones for personal and commercial use is growing rapidly, with global market revenue expected to increase 34% to reach more than US$6 billion in 2017 and more than US$11.2 billion by 2020, according to a new forecast from

News CatastrophesInsuranceMarkets / CoveragesTechnology

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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Search and rescue crews in B.C. launch UAV pilot

December 12, 2016 by Canadian Underwriter

Emergency Management BC (EMBC) announced on Friday its endorsement of a one-year pilot project for the use of unmanned aerial vehicles (UAVs or drones) by search and rescue crews in Coquitlam and Kamloops. Minister of State for Emergency Preparedness Naomi

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Global Aerospace reports drone insurance covering invasion of privacy, malicious damage ‘easier to obtain’

November 22, 2016 by Canadian Underwriter

Insurance carriers will expand their coverage of unmanned aircraft systems, or drones, while the absence, in the United States, of airworthiness certification requirements imposes a “considerable amount of diligence” on property and liability insurers covering drones, Global Aerospace Inc. suggested

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Alberta government introduces bill aimed at reducing human-caused wildfires and enhancing firefighting operations

November 1, 2016 by Canadian Underwriter

The government of Alberta announced on Monday that it has tabled a bill introducing measures aimed at reducing the number of wildfires caused by humans and enhancing firefighting operations in the province. Bill 24, the Forest and Prairie Protection Amendment

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Understanding potential disruptions to risk analysis, cost basis and distribution key to insurers’ strategies: Novarica

September 22, 2016 by Canadian Underwriter

Insurers need to understand potential disruptions to risk analysis and cost basis as well as distribution to effectively manage their strategies, suggested a new report from Boston-based research and advisory firm Novarica. The pace of technological change makes it a

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Growth in commercial unmanned aircraft systems, UAS, to bring both benefits, new risks: Allianz

September 13, 2016 by Angela Stelmakowich

The use of unmanned aircraft systems (UAS) is set to soar south of the border — expected to triple the number of manned aircraft by year’s end — producing new risks that will require insurers to adopt a new view,

News CatastrophesInsuranceTechnology

Drones get nod of approval for use in fighting British Columbia wildfires

August 9, 2016 The Canadian Press

VANCOUVER – Drones are about to be added to the firefighting arsenal of the B.C. Wildfire Service. Spokeswoman Erin Catherall says the service has conducted two seasons of trials and is ready to put the remotely controlled aircraft to work.

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Technology Assist

June 1, 2016 Angela Stelmakowich, Editor

Using technology solutions during natural disasters is on the rise. The marked growth – as evidenced by tools both used and available in the devastating wildfires near Fort McMurray – looks poised to continue, with different options, more applications and enhanced information likely becoming a natural part of response. Technology being tablestakes may very well be key for the property and casualty industry to best serve and respond to customers in future.

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Global market for business services using drones valued at more than US$127 billion: PwC

May 11, 2016 by Canadian Underwriter

The emerging global market for business services using drones is valued at more than US$127 billion, according to a report released earlier this week by PricewaterhouseCoopers (PwC). The “drone revolution” is disrupting industries ranging from agriculture to filmmaking, PwC said