Keyword
Insurance Analytics Canada Summit
Why your clients are increasingly exposed to wildfire losses
September 28, 2018 by Greg MeckbachClimate change has turned the risk of wildfire into a year-round peril in Western Canada, a geography expert says. In the past, wildfire season started in April or May and ended some time in October, said Dominic Ford, senior geospatial…
Insurance industry ‘struggling to be more agile:’ analytics summit speaker
July 7, 2017 Greg Meckbach, Associate EditorInsurance providers need to use technology to improve their customers’ experience, but sometimes regulation gets in the way, speakers suggested at a recent conference. The insurance industry is “struggling to speed up the process of being more agile,” said Paul…
Brokers taking the initiative to embrace digital transformation: Insurance Analytics Canada speaker
July 4, 2017 Jason Contant, Online EditorMany brokers are taking the bull by the horns and embracing digital transformation, with or without the help of insurers, a speaker suggested last week at the Insurance Analytics Canada Summit in downtown Toronto. Greg McCutcheon, president of Markham, Ont.-based…
Auto, cargo theft funding terrorist activity: Insurance Analytics Canada Summit speaker
July 4, 2017 Greg Meckbach, Associate EditorThe proceeds of cargo theft and auto theft are in some cases funding terrorist activity, while accident benefits fraud in Ontario continues to be a problem, an Insurance Bureau of Canada speaker suggested to attendees at the Insurance Analytics Canada…
Insurance Analytics Canada Summit speaker explains how brokerage caters to ‘need for speed demographic’
July 3, 2017 Greg Meckbach, Associate EditorThere are “all sorts of insights” that an insurance brokerage can get from customer data, but that data needs to be trustworthy, the head of an online commercial insurance brokerage told attendees at a recent conference. “If you don’t have…
Incremental disruption in insurance industry “like death by a thousand cuts”: Insurance Analytics Canada speaker
June 30, 2017 Jason Contant, Online EditorThe insurance industry has been very incremental in dealing with disruption and needs a drastic shift from historical analysis to predictive, future risk models, a speaker suggested on Wednesday at the Insurance Analytics Canada Summit. “You cannot disrupt with incrementalism,”…
No need for ‘massive upfront investment’ to get data analytics to work: Insurance Analytics summit speaker
June 29, 2017 Greg Meckbach, Associate EditorInsurance professionals who are implementing data analytics need to focus on what they want to achieve and need to deliver value quickly to senior business leaders, a Travelers Canada executive suggested Thursday at the Insurance Analytics Canada Summit. “The focus…
Mobile telematics data can offer rich insights into distracted driving and impact loss trends, Insurance Analytics Canada speaker suggests
June 28, 2017 Jason Contant, Online EditorMobile telematics data, while sometimes providing “noisy,” or meaningless information, can also offer rich insights on distracted driving that could impact loss trends, a speaker suggested on Wednesday at the third annual Insurance Analytics Canada Summit in Toronto. Ted Gramer,…
Capitalizing on Analytics
August 2, 2016 Angela Stelmakowich, Editor; and Jason Contant, Online EditorTime will bring more and more data. But to truly understand and reap the benefits, information needs to be properly analyzed. First-movers are expected to realize the biggest advantage and chart their future paths.