Keyword
technology
Surex Direct launches simplified quote process for tenant’s, condo insurance
August 23, 2016 by Canadian UnderwriterSurex Direct has announced the availability of a new tenant’s and condo insurance quote process designed to make things faster and more simple for users. The customer-facing quote process allows users to know “exactly what their best policy price is…
Facial recognition set to go live in Saskatchewan in late August
August 18, 2016 by Canadian UnderwriterSaskatchewan Government Insurance (SGI) will have in place facial recognition software when issuing driver licences and photo identification cards come Aug. 24, a move the insurer maintains will help combat fraud and bolster road safety. Customers will not notice anything…
AIG reaches agreement to sell United Guaranty Corporation to Arch Capital for US$3.4 billion
August 17, 2016 by Canadian UnderwriterAmerican International Group, Inc. has entered into an agreement to sell its 100% interest in United Guaranty Corporation (UGC) to Arch Capital Group Ltd. for US$3.4 billion, a move in line with AIG’s continuing efforts to streamline operations and better…
Business intelligence data analytics users in U.S. say structured data tops unstructured data: Clutch
August 16, 2016 by Canadian UnderwriterThe lion’s share of business intelligence (BI) data analytics users in the United States taking part in a recent Clutch survey regard structured data like internal information as more important than unstructured data, such as social networks. In all, 83%…
Pen Underwriting Canada’s e-traded D&O solution offers brokers fast quote-to-cover capability
July 22, 2016 by Canadian UnderwriterPen Underwriting Canada’s newly launched e-trading platform allows brokers to quote and issue a policy within five minutes that provides directors and officers a broad range of D&O coverage to suit the fast-evolving risks and liabilities they face. Calling the…
Flood Risk Canada launches digital platform to help make flood zone determinations
June 30, 2016 by Canadian UnderwriterFlood Risk Canada, Inc. Wednesday announced the availability of a new digital platform that seeks to provide accurate and fast flood zone determinations for the properties in Canada. The launch of www.floodzone.ca is meant to help meet the need for…
The Digital Edition of Canadian Underwriter’s June 2016 issue
June 23, 2016 by Canadian UnderwriterDigital Edition below ↓ Cover Story: ‘Technology Assist’ Growing use of technology solutions during natural disasters — as evidenced by happenings in Fort McMurray — looks poised to continue, with different options and more applications becoming a natural part of…
Cyber security enters U.S. manufacturers’ Top 10 risks: BDO
June 22, 2016 by Canadian UnderwriterCyber security now ranks among the Top 10 risk factors of manufacturers south of the border, notes a report issued Tuesday by accounting and consulting organization BDO USA, LLP. The lion’s share of manufacturers in the United States analyzed in…
Disruption in financial services demands executives are able to identify imminent threats, opportunities
June 7, 2016 by Canadian UnderwriterChief information officers (CIOs) and other executives in financial services must be able to identify the imminent threats and opportunities that will be affecting their operating model, human capital approach, ability to innovate and ability to execute, notes a new…
Insurance industry needs to catch up, huge advantage for first-movers in sharing economy: Nelis
June 6, 2016 by Angela StelmakowichThe sharing economy is not a new concept, but because it moves so quickly today, the insurance industry must innovate to catch up and reap the benefits, David Nelis, national CoE leader – casualty for Aon Risk Services, suggested last…
Automated vehicle technology likely to eventually be mandatory: seminar speaker
June 3, 2016 by Angela StelmakowichLife-saving automated vehicle technology – some of which is now available and will certainly be part of semi-autonomous and autonomous vehicles – will likely become required in the future, Kate Browne, senior vice president and claims counsel for Swiss Re,…
Internet fragmentation among top emerging risks for the reinsurance industry, society: Swiss Re
May 25, 2016 by Canadian UnderwriterInternet fragmentation is among the top three emerging risks – of the 21 detailed in Swiss Re’s latest SONAR report released Wednesday – with the highest potential impact on the reinsurance industry and society. “Firewalls, special software to filter out…