Keyword
Scotiabank
How to rebrand “insurance” so customers will listen to you
September 11, 2019 by Jason Contant“Does anybody here like to buy insurance?” a Scotiabank executive asked attendees at Insurance Nexus’ Connected Insurance Canada conference in Toronto Tuesday. “Let’s be honest,” said Fernando Moreira, senior vice president of global insurance at Scotiabank. “I always come with…
Big Data is bringing credit score issue to the fore
July 29, 2018 by Greg MeckbachAs insurers’ computer databases get exponentially larger, the controversy around the use of credit scores in rating property coverage is getting intense. Customers are asking for “transparency” from insurers on how they price and underwrite insurance, Jean-François Larochelle, director of…
Intact explores blockchain’s insurance potential
July 29, 2018 by Greg MeckbachOne of the “disruptive promises” of blockchain is the ability to use it for insurance, and Canada’s largest insurer confirmed recently that it is exploring its potential. Thus far, however, blockchain “is still [a research and development] project” at Intact Insurance, Jean-François…
Will telematics make territory-based rating a thing of the past?
July 24, 2018 by Greg MeckbachThe use of telematics in pricing auto insurance is going to become more “prevalent,” and a major property and casualty insurer is trying to use the technology to get a better idea of driver risk, speakers said during a recent…
Surprising growth surge forces forecasters to revisit Canadian economic predictions
September 5, 2017 The Canadian Press (CPSTF)OTTAWA – The economy’s surprisingly powerful second-quarter performance is pushing forecasters to change their outlooks – starting with predictions for Wednesday’s central bank rate announcement. Fresh data released last week showed the economy expanded at an annual pace of 4.5…
Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation
August 18, 2017 by Canadian UnderwriterGlobal 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…
Bank of Canada expected to raise its key rate for first time in nearly seven years
July 11, 2017 Craig Wong - THE CANADIAN PRESSOTTAWA – The Bank of Canada is expected to raise its key interest rate target for the first time in nearly seven years on Wednesday following signs the economy is well on the road to recovery after the crash in…
IBM and SecureKey Technologies to deliver blockchain-based network for Canadian consumers
March 21, 2017 by Canadian UnderwriterIBM and SecureKey Technologies, an identity and authentication provider company, announced on Monday that they are joining forces to “enable a new digital identity and attribute sharing network” based on IBM Blockchain. “The network will be designed to make it…
Scotiabank announces it will provide $2 million for cyber security and financial data initiative at UBC
March 13, 2017 by Canadian UnderwriterScotiabank’s $2 million funding injection seeks to support the ability of the Scotiabank Cybersecurity and Risk Analytics Initiative at the University of British Columbia (UBC) to accelerate cyber security and financial risk research in Canada. “Data theft costs organizations billions…
Canadian auto sales to edge down in 2017: Scotiabank
February 7, 2017 by Canadian UnderwriterCanadian auto sales are expected to edge down to 1.94 million units in 2017, coming off four consecutive record years, according to the Scotiabank Global Auto Report, released on Tuesday. Despite the beginning of a sales recovery in the resource-rich…
Global economy to post best performance in three years, Canadian growth to accelerate over next two years: Scotiabank
January 17, 2017 by Canadian UnderwriterThe global economy is projected to post its best performance this year since 2014, while growth in Canada in expected to accelerate over the next two years, according to Scotiabank’s Global Outlook, published on Tuesday. While geopolitical risks abound, recent…
Canadian Underwriter, DMTI Spatial webinar on Feb. 15 to explore analytics, location intelligence in insurance
January 12, 2017 by Canadian UnderwriterCanadian Underwriter magazine and DMTI Spatial are offering a webinar Feb. 15th on advanced analytics and location intelligence. The webinar, scheduled at 10:00 a.m. Eastern time, is titled Adapting to Digital Disruptions: How Advanced Analytics and Location Intelligence Helps the…