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Global organizations will spend US$1.2 trillion on “digital transformation technologies” in 2017: International Data Corporation

February 24, 2017 by Canadian Underwriter

Global organizations will spend US$1.2 trillion on digital transformation this year, with the fastest growth coming from insurance, banking, retail and healthcare providers, International Data Corporation (IDC) said on Thursday. A new update to IDC’s Worldwide Digital Transformation Spending Guide

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Internet of Things spending to reach US$1.29 trillion by 2020, insurance industry to see fast spending growth: report

January 5, 2017 by Canadian Underwriter

Worldwide spending on the Internet of Things (IoT) was forecast to reach US$737 billion in 2016 and grow at a compound annual growth rate (CAGR) of 15.6% from 2015-2020 to US$1.29 trillion, according to the International Data Corporation (IDC). The

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Poor condition of wood holding lag screws leads to platform collapse: TSB

December 7, 2016 by Canadian Underwriter

The fastening system of a wooden platform connecting the gangway of a passenger vessel to a dock had not been inspected since it was first installed five years ago, the Transportation Safety Board of Canada said Wednesday in an information

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‘No progress’ since 2010 of mandating safety management systems to “broader range” of aviation, marine companies: TSB

November 1, 2016 by Canadian Underwriter

Some firms in Canada’s marine and aviation sectors are allowed to operate with no formal safety management processes, the Transportation Safety Board of Canada warned Monday. “Safety management systems have not yet been mandated in all sectors of the transportation

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Cyber and data privacy breaches top risk for global transportation industry executives: Willis Towers Watson study

October 3, 2016 by Canadian Underwriter

The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers

Mandip Hullait, Director, Commercial Auto, RSA Canada
Feature Insurance

Adding Risk

May 1, 2016 Mandip Hullait, Director, Commercial Auto, RSA Canada

Modifications to commercial vehicles, especially involving the transportation of hazardous substances, can affect both safety and insurance coverage. When vehicles are carrying cargo such as fuel, fleet managers need to consider the risk of long-tail liability in the event of

Feature InsuranceTechnology

Road to Judgment

May 1, 2016 Greg Meckbach, Associate Editor

Suppose that, because the name Bruce Springsteen appears nine times in this editorial (twice in the lede), an Internet search engine misidentifies Bruce Springsteen, rather than self-driving cars, as a key topic. Search engines are now pertinent to traffic safety

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Barry Penner named new chair of ICBC’s Board of Directors

March 23, 2016 by Canadian Underwriter

Barry Penner, QC brings his legal skills and considerable experience with the Government of British Columbia – including as the province’ longest-serving environment minister – to his new duties as chair of the Insurance Corporation of B.C.’s (ICBC) Board of