Canadian Underwriter

Keyword
PwC

News Employment

Want a flexible workplace? Throw out the policy guide

January 28, 2019 by Jason Contant

Looking to create a flexible workplace culture? Toss out the rule book and don’t formalize the process, recommends PwC. “A policy guide or a formal program can work against you,” wrote Anne Donovan, the U.S. people experience leader at PwC,

News ClaimsInsuranceMarkets / Coverages

How ICBC can cut auto injury claims costs by more than $20 million

February 20, 2018 by Greg Meckbach

British Columbia’s government monopoly auto insurer could save up to $27 million a year on claims costs and reduce the risk of legal disputes by taking on a “larger role” in designing plans to treat auto collision injuries, PriceWaterhouse Coopers

News InsuranceMarkets / CoveragesTechnology

Global drone-powered solutions market for power and utilities worth as much as US$9.46 billion a year: PwC

October 13, 2017 by Canadian Underwriter

The global market in drone-powered solutions for the power and utilities industries is worth as much as US$9.46 billion a year, PwC estimated in a new report. Clarity from above: Leveraging drone technologies to secure utilities systems, released on Thursday,

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation

August 18, 2017 by Canadian Underwriter

Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps

News InsuranceMarkets / CoveragesMergers and AqcuisitionsReinsuranceTechnology

Global insurance M&A hits two-year low: Clyde and Co report

August 4, 2017 by Canadian Underwriter

The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry continued its downward trend, with 170 deals in the first six months of 2017 compared to 186 in the preceding period, according to a new report from

News AssociationsInsuranceReinsurance

“Nearly all” U.K. drivers paying record amounts for car insurance: Association of British Insurers

July 10, 2017 by Canadian Underwriter

Drivers in nearly all age groups in the United Kingdom are paying record amounts for their car insurance and could face further increases unless the government takes action to reduce claims costs, the Association of British Insurers (ABI) warned recently.

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

35% of top global insurers have appointed a chief digital officer to oversee business transformation: PwC’s Strategy&

June 26, 2017 by Canadian Underwriter

More than one-third of the world’s top insurance companies have appointed an executive – commonly known as a chief digital officer (CDO) – to oversee the digital transformation of their business, according to a new study from Strategy&, PwC’s strategy

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentReinsuranceTechnology

Technological change and cyber risk overtake regulation as top risks for global insurers: study

May 31, 2017 by Canadian Underwriter

The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector, released on Tuesday. The Centre for the Study of

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Global uptick in CEOs forced out of office for ethical lapses, Canada among lowest incidence of dismissals: Strategy&

May 17, 2017 by Canadian Underwriter

An analysis of CEO successions at the world’s largest 2,500 public companies over the past 10 years shows a marked increase in forced turnovers for ethical lapses, although Canada is among the countries with the lowest incidence of such dismissals.

News AppointmentsInsuranceProfessional Development

New president and CEO announced for CNA Canada

April 25, 2017 by Canadian Underwriter

CNA Financial Corporation announced on Tuesday the appointment of Nick Creatura to president and chief executive officer of CNA Canada. Creatura will be responsible for “executing profitable growth strategies” for the global insurer’s Canadian operations, CNA said in a press

News InsuranceLegislation / RegulationProfessional DevelopmentTechnology

Sharing economy not fully served by insurance industry, but opportunity is there: Kovacs

April 9, 2017 Jason Contant, Online Editor

The sharing economy is not fully served by the insurance industry right now, but the opportunity is there, Paul Kovacs, founder and executive director of the Institute for Catastrophic Loss Reduction, said on Thursday at the CIP Society Symposium 2017.

News InsuranceLegalMarkets / CoveragesMergers and AqcuisitionsTechnology

Global private companies seem underprepared for cyberattacks: PwC report

March 20, 2017 by Canadian Underwriter

Global private companies seem to be more at risk of cyber threats, but less prepared to protect themselves against cyberattacks, according to a new report from professional services firm PwC. Released late last week, the report, titled Undaunted, but underprepared?,