Canadian Underwriter

Keyword
information technology

News Claims CanadaRiskTechnology

Cybercriminals manipulate their way into company computers

September 6, 2019 Joyce M. Rosenberg - THE ASSOCIATED PRESS

NEW YORK – The cybercriminal who steals information or money from a small business is probably a master of deception and manipulation as well as a techno-expert. When Nancy Butler got a call from someone claiming to be from her

News RiskTechnology

When cyber breaches can kill

May 15, 2019 by Greg Meckbach

Your client’s property and life are getting increasingly exposed to cyber attacks because just about everything today has computing power, an information security expert warns. “It used to be what with computer security, we were worried about computers, desktops and

Feature Technology

7 ideas for automating your business to promote growth

May 1, 2018 Greg Meckbach, Associate Editor

Opportunity exists to automate tasks, allowing you to generate new business by working smarter and not harder. Here are some quick and easy ways to use technology to your advantage

Feature ProductsTechnology

Living Legacy

September 22, 2017 Greg Meckbach, Associate Editor

Replacing legacy information technology can be a daunting and expensive task, often representing a multi-year, multi-million-dollar project for an insurer. Opting to maintain, tweak or overhaul a legacy system all pose challenges, something carriers wanting to satisfy brokers and customers need to know

Feature InsuranceTechnology

Data Converging

September 21, 2017 Jason Contant, Online Editor; and Greg Meckbach, Associate Editor

True, it is all about data these days. That said, determining how best to employ the ever-growing store of internal and external data is necessary to gain forward-looking insights. For Canada’s property and casualty insurance market, knowing what to do with data to meet customer needs and demands will likely prove the end-game.

Feature InsuranceMergers and AqcuisitionsTechnology

Charting the Course

September 13, 2017 Fred Eslami, Senior Financial Analyst, A.M. Best Company

Cyber insurance seems like it is poised to go it alone. Growth of the line — currently in the United States and perhaps in future in Canada — is taking shape as a stand-alone offering. What are the benefits of such a move?

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

Half of surveyed CEOs plan to adopt cognitive computing by 2019: IBM study

July 11, 2017 by Canadian Underwriter

Half of surveyed chief executive officers across the globe plan to adopt cognitive computing by 2019, according to a recent study conducted by the IBM Institute for Business Value (IBM IBV). The study, titled Accelerating enterprise reinvention: how to build

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Simultaneous cyberattacks on multiple companies likely in 2017, financial services industry key concern: AIG study

May 11, 2017 by Canadian Underwriter

Nine in 10 global cybersecurity and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study issued on Wednesday by global insurer American International Group, Inc (AIG).

News InsuranceMergers and Aqcuisitions

Two Ontario, two Alberta brokerages join BrokerLink

May 5, 2017 by Canadian Underwriter

BrokerLink has welcomed four brokerages – two in Ontario; two in Alberta – to the fold in a move that expands the company’s reach while providing the four brokerages and their employees greater access to resources and opportunities. The brokerages

News InsuranceMarkets / CoveragesTechnology

Investments to fight cyber breaches must include technology, people and risk transfer: WTW cyber head

April 24, 2017 Angela Stelmakowich

PHILADELPHIA – Considering human risk is essential when determining how best to combat data breaches and associated costs, but the human element is routinely overshadowed by technology in organizational efforts to bolster cyber security, says Anthony Dagostino, global head of

News CatastrophesInsuranceMergers and AqcuisitionsProductsReinsuranceTechnology

RMS releases new class of cyber-physical risk modelling for property insurers

April 6, 2017 by Canadian Underwriter

RMS has expanded its range of cyber models to include a new class of so-called cyber-physical models in a bid to answer the increasing related risk of insurance losses from hackers targeting control systems linked to the Internet. These cyber-physical

Feature Technology

Welcoming Host

February 1, 2017 Satya Sarangi, President and Chief Executive Officer, TmaxSoft Canada

Mainframes have proved essential over the decades for insurers needing to run core applications. But are these once-reliable units becoming a hindrance to innovation? Is modernization of mainframes essential for the global insurance industry?