Canadian Underwriter

Keyword
ridesharing


News InsuranceMergers and AqcuisitionsTechnology

Volvo Cars and Uber join forces to develop autonomous driving cars

August 18, 2016 by Canadian Underwriter

Swedish luxury premium car maker Volvo Cars and ridesharing company Uber have announced that they are joining forces to develop “next generation autonomous driving cars.” The two companies have signed an agreement to establish a joint project that will develop

News InsuranceMergers and AqcuisitionsTechnology

Ford plans to have fully autonomous commercial vehicle in ridesharing capacity by 2021

August 17, 2016 by Canadian Underwriter

Ford Motor Company has announced that it intends to have a “high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service.” To get there, the Dearborn, Mich.-based company said in a statement

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Intact’s commercial ridesharing insurance policy gets green light in Ontario

July 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to

News InsuranceLegalMergers and AqcuisitionsTechnology

Aon supports Alberta’s move to give the green light to ridesharing insurance

July 6, 2016 by Canadian Underwriter

Aon Risk Solutions is offering tailor-made personal line insurance policies that recognize ridesharing to the hundreds of Uber drivers who require coverage in Alberta. There are no restrictions related to driver age, years licensed or the amount of weekly ridesharing

News InsuranceLegislation / RegulationTechnology

Aviva Canada, Pembridge Insurance offer personal coverage for ridesharing drivers in Alberta

July 2, 2016 by Canadian Underwriter

Aviva Canada and Pembridge Insurance have become the latest insurance companies to offer personal coverage for ridesharing drivers in Alberta. On Tuesday, the government of Alberta announced a new insurance policy for transportation network companies (TNCs) licensed in the province.

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Alberta’s new insurance policy for TNCs a first for a Canadian province, policy available July 1

June 30, 2016 by Canadian Underwriter

A new insurance policy for transportation network companies (TNCs) is available to insurance firms licensed in Alberta as of July 1, in line with the provincial government’s recently announced TNC framework geared at promoting fairness and road safety. The insurance

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Autonomous vehicle sales to reach 21 million globally by 2035: IHS Automotive

June 7, 2016 by Canadian Underwriter

Global autonomous vehicle sales will reach nearly 21 million by 2035, a substantial increase from previous estimates, according to the latest forecast from IHS Automotive. Released on Tuesday, the forecast is a major increase from previous estimates and is influenced

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Alberta introduces new regulations for ride for hire firms like Uber

May 18, 2016 The Canadian Press

EDMONTON – The Alberta government has introduced new rules to regulate ride-hailing companies such as Uber. Transportation Minister Brian Mason says that under Bill 16, anyone who wants to drive for such a company will have to have a professional

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Uber gets green light from city council to operate legally in Toronto

May 4, 2016 The Canadian Press

TORONTO – Uber is voicing its thanks after Toronto city council gave the ride-hailing service the green light to operate legally in the city. In a message to those who use its app, Uber said Toronto Mayor John Tory and

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Aviva Canada develops insurance product for Quebec ridesharing programs – if province allows them

May 4, 2016 by Canadian Underwriter

Aviva Canada announced on Wednesday that it has developed an “affordable and convenient insurance product that would bridge the insurance gap in Quebec,” if the provincial government decides to allow ridesharing programs. Aviva Canada, a provider of home, automobile, leisure/lifestyle

News AssociationsInsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Personal lines set to dramatically change, but will not disappear altogether: speakers at CIP Symposium

April 22, 2016 Jason Contant, Online Editor

With the number of disruptors entering the insurance industry, personal lines insurance is set to undergo a dramatic transformation, but will likely not disappear altogether, speakers suggested Thursday at the 2016 CIP Society Symposium. Catherine Kargas (picture below right), vice

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Ottawa city council approves new vehicle-for-hire regulations

April 13, 2016 by Canadian Underwriter

Ottawa city council announced on Wednesday that it has approved new vehicle-for-hire regulations, making it one of the first Canadian jurisdictions to adopt regulations for private transportation companies (PTCs). In January, Edmonton became the first jurisdiction in Canada to legalize