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retail

News Insurance

Why this insurer is spending $20 million on bricks-and-mortar stores

April 4, 2019 by Greg Meckbach

When CAA Insurance clients want to visit an agent in person, company officials want those clients to feel as if they are in a home rather than an office. This is one reason CAA Club Group has spent $8 million

News LegalTechnology

Cyber tip to keep your large retailer clients secure

July 22, 2018 by Greg Meckbach

Computer systems that many retailers use to accept payment and manage inventory can pose a liability risk if they store credit card numbers, and the “ultimate” solution could be expensive. Many “point-of-sale” systems are installed on computers running Microsoft Corp.’s

News InsuranceLegalMarkets / Coverages

LCBO to oversee 150 standalone cannabis retail stores, Ontario government says

September 11, 2017 by Canadian Underwriter

The Liquor Control Board of Ontario (LCBO) will oversee approximately 150 standalone cannabis retail stores, the provincial government said on Friday as part of its “safe and sensible framework” to manage the Government of Canada’s plan to legalize cannabis by

News InsuranceTechnology

Cyber threat landscape growing, potential for emergence of destruction of service attacks: Cisco

July 20, 2017 by Canadian Underwriter

The potential for “destruction of service” (DeOS) attacks is greatly concerning and organizations would be well-advised to adopt a proactive cyber stance in their protection efforts to combat increasingly sophisticated attackers, warns a new report from Cisco. “Cyber incidents such

News InsuranceTechnology

Canadian firms may be overconfident in their cybersecurity preparedness: FICO survey

June 21, 2017 by Canadian Underwriter

Canadian firms, particularly those in the telecommunications sector, may be overconfident in their cybersecurity preparedness, according to a recent survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO. For the survey, Ovum conducted telephone interviews

News InsuranceMarkets / CoveragesTechnology

36% of polled Canadian firms have no cyber security insurance: FICO

June 1, 2017 by Canadian Underwriter

More than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Canadian companies lag in cybersecurity investments, survey finds

May 23, 2017 by Canadian Underwriter

More than three-quarters (76%) of surveyed Canadian executives believe that the number of data breach attempts on their firms will be higher in a year, yet fewer than half said that their organization’s investments in cybersecurity will increase in that

News InsuranceMarkets / CoveragesTechnology

Global organizations will spend US$1.2 trillion on “digital transformation technologies” in 2017: International Data Corporation

February 24, 2017 by Canadian Underwriter

Global organizations will spend US$1.2 trillion on digital transformation this year, with the fastest growth coming from insurance, banking, retail and healthcare providers, International Data Corporation (IDC) said on Thursday. A new update to IDC’s Worldwide Digital Transformation Spending Guide

News Earnings / RatingsInsuranceMarkets / CoveragesMergers and Aqcuisitions

Failure to make supply chains Brexit-ready could cut key industries’ net profits an average of 30%

February 7, 2017 by Canadian Underwriter

U.K. companies waiting for a clearer sense of the future under Brexit is a risky supply chain strategy that could result in net profits across key industries plummeting an average of 30%, suggests a new study released Tuesday by Bain

Feature LegalMergers and AqcuisitionsTechnology

On Good Behaviour

December 2, 2016 Robert Capps, Vice President of Business Development, NuData Security

With holiday season fast approaching, a surge in online shopping cannot be far behind. But with online shopping comes increased risk of security breaches and fraud. Combining behavioural analytics, passive biometrics and traditional verification solutions could go a long way towards keeping those risks under wraps.

News InsuranceMergers and Aqcuisitions

Aviva Canada launches cross-border insurance solution for Canadian domiciled companies

November 24, 2016 by Canadian Underwriter

Aviva Canada has launched a cross-border insurance solution for Canadian domiciled companies with assets, exposures or plated vehicles in the United States. On Thursday, the insurer announced the solution for Canadian domiciled companies that have physical assets, exposures or plated

News CatastrophesClimate ChangeEarnings / RatingsMarkets / CoveragesMergers and AqcuisitionsTechnology

Zurich Insurance announces plans to position itself for future, new profitability targets

November 17, 2016 by Canadian Underwriter

Zurich Insurance Group plans to build on customer relationships, simplify the business and significantly reduce costs as part of its renewed focus on increasing business profitability and delivering high-quality earnings over the 2017-2019 period, the global insurer announced Thursday. “In