Canadian Underwriter

Keyword
InsurTech

News InsuranceTechnology

Insurtech platform bridges gaps in agricultural insurance

July 24, 2019 by Jason Contant

A Winnipeg-based provider of scalable digital solutions for the agricultural industry has launched what it calls the industry’s first insurtech platform combining field-level data, remote sensing, artificial intelligence-driven models and secure automation technology. The platform creates a “new digital connection

News Insurance

Two problems insurtech could solve for existing players

July 9, 2019 by Greg Meckbach

Attracting talent and putting legacy data to good use are two of the ways insurtech can help the industry, a claims professional says. Chris Hampshire, vice president of carrier practice at claims services provider Gallagher Bassett Services Inc., was asked

News InsuranceLegislation / Regulation

Balancing insurance innovation and regulation

May 24, 2019 by Adam Malik

Consumers are experiencing innovation when it comes to buying cars, clothes, music and more. So when it comes to insurance, they’re expecting the same types of experiences. But they’re not entirely getting it. Ontario consumers can buy car insurance online.

News InsuranceTechnology

What insurtechs can learn from hackathons

March 13, 2019 by Greg Meckbach

Editor’s Note: This article has been updated. A previous version incorrectly stated that duuo was launched at Slice Labs’ launch studio in Toronto. CU apologizes for the error. If you want to develop a new digital insurance product, it shouldn’t

Feature

Making peace with insurtechs

February 1, 2019 Greg Meckbach, Associate Editor

Once hyped as a potential dogfight, the anticipated competition between the insurance industry
and insurtechs has turned out to be a
cozy affair. How did that happen?

News BrokersInsuranceTechnology

“Mobile-first” insurtech may be coming to Canada

January 16, 2019 by Greg Meckbach

A San Francisco-based firm calling itself a “mobile-first” property and casualty insurance brokerage might start placing home and auto coverage in Canada. Canadian Underwriter asked Karn Saroya, CEO of Cover Financial Inc., whether his insurtech plans to expand into Canada.

News InsuranceTechnology

How ‘exponential era technologies’ bedevil insurers

December 13, 2018 by Greg Meckbach

How you deal with the always-connected consumer will determine whether an insurtech will eat your lunch, speakers suggested at KPMG Canada’s annual insurance conference. “Digital is oxygen these days. If you are not digitizing your products and your service, you

News AssociationsBrokersTechnology

What carriers want from this insurtech brokerage

November 27, 2018 by Greg Meckbach

Some insurers are looking for brokers who can help them use big data to customize products for small businesses, an insurtech founder suggests. “Big data is a loose term,” Mark Morissette, founder and CEO of Foxquilt said Tuesday in an

News InsuranceTechnology

The Co-operators Duuo could go ‘way beyond home share’

November 15, 2018 by Greg Meckbach

More Insurtech products – in addition to coverage for overnight home rentals – could be coming down the pipe from the recently-launched Duuo, a speaker with Slice Labs Inc. reports. Coverage for homeowners listing their place on sites like Airbnb

News Technology

What to consider when tempted by a ‘shiny’ tech tool

November 13, 2018 by Greg Meckbach

Before deciding whether to buy the latest and greatest technologies, a broker need to understand what problem that technology is actually going to solve, speakers said during a recent technology conference. “A lot of people are trying to sprinkle insurtech

News Technology

Intact-backed insurtech cracks the Fintech100 list

October 23, 2018 by Greg Meckbach

A French robo-broker and an auto insurer backed by Canada’s largest property and casualty carrier are among the insurtechs “driving disruption” in financial services, a report released Tuesday suggests. KPMG announced Tuesday the fifth annual Fintech100, a report that highlights

News BrokersInsuranceMergers and Aqcuisitions

Canadian carriers increasingly targeting insurers and brokerages for M&A

August 29, 2018 by Jason Contant

Canadian P&C companies are increasingly targeting insurers and brokerages for mergers and acquisitions, although the interest in targeting insurtechs is rising, according to a new report from ratings firm A.M. Best Company. A.M. Best released its market segment report for