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…
A huge divide exists between consumer expectations of their digital service experience and what is being delivered, with three-quarters of recently polled consumers in Australia reporting they will stop trying a digital app or service within a minute if it…
Non-life insurance-linked securities (ILS) issuance reached a record breaking US$6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, Willis Towers Watson Securities’ said in its latest ILS Market Update, released on Friday. ILS assets…
Archway Insurance, one of Atlantic Canada’s largest insurance brokerages, announced on Wednesday that is has a new location in Cape Breton, N.S.: MacCoy Insurance Brokers Ltd. Effective July 1, MacCoy Insurance will become the 22nd location of Archway Insurance, which…
Persistent recent heavy rainfall falling across several Canadian provinces has led to increasingly rising rivers, streams and lakes this week, as communities “raced to protect from water inundation,” Impact Forecasting said on Thursday in an Aon cat alert. Financial losses…
Hurricane Matthew, which is estimated to have caused $150 million in economic losses in Canada alone and killed more than 600 in the Western hemisphere, set several records, Impact Forecasting LLC said in a report released Monday. Hurricane Matthew officially…
SYDNEY, N.S. – A tanker that ran aground off the coast of Nova Scotia has returned to port after being stuck in shallow water for a week. The coast guard and salvage crews freed the Arca 1 from a bay…
The Canadian Coast Guard (CCG) has reported that six crew members have been safety rescued after a tanker ran aground off Nova Scotia on Sunday. In a series of tweets, CCG reported that the vessel Arca 1 ran aground off…
HALIFAX – The estimated cost for damage caused by the Thanksgiving Day floods in Cape Breton could exceed $15 million, says the Nova Scotia government. Zach Churchill, minister responsible for the Emergency Management Office, said Thursday the total could run…
A tropical moisture system resulting from Hurricane Matthew that swept through Atlantic Canada last month has resulted in over $100 million in insured damage, according to Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ). A cold front interacting with Matthew’s tropical…
HALIFAX – Thousands of homes and businesses across Atlantic Canada were without electricity early Tuesday due to heavy rain and strong winds that lashed the region on Thanksgiving Monday. Environment Canada said much of mainland Nova Scotia had received more…