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78% of global SMEs fear impact of climate change on their businesses: Zurich study

November 4, 2016 by Canadian Underwriter

Nearly four-fifths (78%) of global small- and medium-sized enterprises (SMEs) surveyed by Zurich Insurance Group expected risks associated with climate change to have a significant impact on their business. Zurich’s fourth annual global SME survey, titled Potential effect on business

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Insurance industry expects digital technology to drive transformation, but most companies unprepared: study

November 1, 2016 by Canadian Underwriter

Digital transformation can propel the insurance industry forward but barriers exist, with a “significant gap between organizations that leverage technology for competitive advantage and those that struggle with innovation,” according to a new study. The study, titled Assessing digital impact

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Canadian business executives report not doing enough to protect data, security concern over migrating to the cloud persists: Microsoft Canada

October 31, 2016 by Angela Stelmakowich

Skepticism over security when migrating to the cloud was voiced by almost six in 10 Canadian senior-level business leaders taking part in a Microsoft Canada Inc. survey. In all, 58% of the 711 respondents from the private and public sectors

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One in three Ontario drivers admit to distracted driving: survey

October 25, 2016 by Canadian Underwriter

About one in three (32%) drivers in Ontario admit to driving distracted because of their mobile devices, “and the number one reason for not focusing on the road is because someone called,” according to a recent Ipsos survey conducted for

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Cognitive computing platform to help companies implement anti-bribery management system: OutsideIQ

October 17, 2016 by Canadian Underwriter

Outside Intelligence has announced the availability of a cognitive computing platform to help businesses meet the guidelines of the new International Organization for Standardization (ISO) anti-bribery standard, ISO 37001. The platform produces automated due diligence reports – which businesses can

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Seven in 10 polled organizations expect to do away with passwords within five years: U.S. survey

October 14, 2016 by Canadian Underwriter

Reliance on largely ineffective traditional authentication techniques is building as efforts to do away with passwords – cited by 69% of polled respondents in the United States – is ebbing, note new survey results from SecureAuth Corporation. Commissioned in conjunction

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One-quarter of Canadian small and medium businesses with revenue over $10M victims of cyberattack: study

October 12, 2016 by Canadian Underwriter

One in four Canadian small and medium-sized businesses (SMBs) with annual revenue over $10 million have been victims of a cyberattack compared to only one in 10 with annual revenue under $10 million, according to a new survey from Internet

News AssociationsInsuranceLegalLegislation / Regulation

Alcohol, drugs different, drug-impaired driving a growing concern: panel

September 22, 2016 by Angela Stelmakowich

Alcohol and drugs are different and approaches to addressing related impairment issues will likely need to be different as well, Doug Beirness, senior research associate with the Canadian Centre on Substance Abuse (CCSA), suggested Wednesday during a State Farm-sponsored event

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Insurers have untapped opportunity to transform into solutions providers, not just sellers: consumers

September 20, 2016 by Canadian Underwriter

Almost three-quarters of consumers taking part in a Bain & Company Inc. survey say they would value a platform for providing services well beyond insurance coverage, opening the door for insurers to transform themselves from just sellers into solutions providers.

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Fifth of surveyed U.S. businesses have not done any recent security testing for vulnerabilities

September 15, 2016 by Canadian Underwriter

About a fifth of surveyed businesses south of the border admit not having done any security testing for at least six months despite the lion’s share of respondents also reporting their organizations have encountered at least one security issue, notes

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U.S. millennials may not view insurance as “boring” after all: Vertafore

September 6, 2016 by Canadian Underwriter

More than 90% of the millennials in the U.S. taking part in a Vertafore survey say they view the industry as fulfilling for long-term careers that meets important criteria commonly identified as essential for job satisfaction. The finding is at

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Gap exists between opportunity, willingness to take part in usage-based insurance programs in U.S.: LexisNexis

August 25, 2016 by Canadian Underwriter

There is an apparent gap between polled U.S. drivers who are open to taking part in usage-based insurance (UBI) and those who are provided the opportunity to do so, suggest survey results released today by LexisNexis Risk Solutions. That disconnect