Canadian Underwriter

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Pedal to the Metal

December 1, 2016 Steve Millstein, Senior Vice President, Sales and Business Development, Intelligent Mechatronic Systems Inc.

Automakers and auto insurers could be on a collision course over driving-related data that is becoming available because of advances in technology and customer demands for connectivity. Will these industries increasingly be at odds or will they be able to work together for the benefit of all?

News InsuranceMergers and AqcuisitionsTechnology

Insurers must realign business to suit customer needs and expectations for the future, not the past: Majesco

November 4, 2016 by Canadian Underwriter

The factors influencing customer loyalty are changing, demanding that insurers rethink and realign how their businesses meet customer expectations, notes a new thought leadership report released Thursday by Majesco. A significant gap exists between consumer needs and expectations and what

News CatastrophesInsuranceMergers and Aqcuisitions

Hurricane Matthew damage significant, but manageable, for U.S. insurers: A.M. Best

October 18, 2016 by Canadian Underwriter

Most insurance carriers rated by A.M. Best have sufficient capital and appropriate reinsurance programs to effectively absorb Hurricane Matthew losses, notes a new briefing from the rating agency. That being the case, A.M. Best reports it does not anticipate a

News CatastrophesClimate ChangeEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Fort Mac wildfire more than an “earnings event” for some insurers, domestic market posts $1 billion underwriting loss in H1: MSA

September 28, 2016 by Canadian Underwriter

The Fort McMurray wildfire may have been an “earnings event” for the largest insurers in Canada’s property and casualty industry, but that was not the case for some smaller regional writers, notes the newly released MSA Quarterly Outlook Report for