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One simple way to increase your lead generation by 33%

August 14, 2018 by Jason Contant

One large, multi-location Canadian brokerage saw a 33% increase in leads generated through their website, simply by introducing a chatbot to provide instant home and auto insurance quoting, the CEO and founder of a Kitchener, Ont.-based insurtech said Friday. ProNavigator

News InsuranceMarkets / CoveragesProducts

New Canadian auto insurance product coming soon

August 7, 2018 by Greg Meckbach

Intact Insurance will be soon launching a new iteration of its usage-based auto insurance (UBI), a company official says. The revelation came during a July 31, 2018 conference call about the insurer’s past quarter results. During the call, an investment

News InsuranceProductsTechnology

TechCanary incorporates in Canada, eyes future expansion

August 1, 2018 by Jason Contant

Milwaukee-based insurtech company TechCanary has incorporated in Canada, with headquarters in Laval, Que. and an eye to opening another office in Toronto. TechCanary CEO and co-founder Reid Holzworth told Canadian Underwriter Tuesday that “it’s not planned yet, but we’ll open

News InsuranceProductsTechnology

How to give your small business clients an online quote in 3 minutes

July 26, 2018 by David Gambrill

Intact Insurance has launched its new Commercial Property and Liability insurance Quick Quote, a tool designed to give small business owners an insurance quote on their business in about three minutes. The online commercial property and liability quoting tool follows

News ClaimsProducts

Solution addresses staffing demands for claims management

June 14, 2018 by Jason Contant

Claims adjusting firm Crawford & Company (Canada), Inc. has launched a staffing solution designed to place Crawford claims management professionals in-house at their clients’ place of business to meet staffing demands associated with unexpected leaves, influxes in work volume or

News Markets / CoveragesProducts

Travelers offers HR advice for small business clients

June 12, 2018 by Jason Contant

Travelers Canada has launched a new suite of services extending beyond insurance for small business customers. Legal assistance and human resources services will now be offered, at no extra cost, to help small business owners manage day-to-day activities fundamental to

News Markets / CoveragesMGAsProducts

New cyber product covers pre-policy breaches, personal phone use for work

May 24, 2018 by Jason Contant

Addressing two major gaps in cyber coverage for small to medium-sized businesses (SMEs) inspired the launch this week of Cyberboxx by new managing general agent (MGA) Boxx Insurance. CyberBoxx addresses: 1) breaches before the policy commencement date, and 2) employees

News Markets / CoveragesProducts

New Ontario auto insurance product targets infrequent drivers

May 23, 2018 by Greg Meckbach

Ontario brokers will have a new auto insurance option for their auto customers this July with MyPace, a product intended for vehicles driven fewer than 9,000 kilometres per year, Canadian Automobile Association (CAA) officials said Wednesday. MyPace, which measures distance

News BrokersMarkets / CoveragesProducts

Do sophisticated water models select against smaller insurers?

May 22, 2018 by Jason Contant

The sophistication of technology for rating overland flood could conceivably lead to smaller insurers ending up with a disproportionate share of flood risks on their books in the event of a cat, which could spell trouble for consumers. Insurance Brokers

News InsuranceMGAsProducts

New MGA promises to “redefine” cyber risk business in Canadian P&C market

May 22, 2018 by Jason Contant

Boxx Insurance, a new managing general agent (MGA) based in Toronto, has launched its flagship product Cyberboxx to help customers comply with the new data privacy legislation expected to become law in November. Federal mandatory data breach regulations will take

News BrokersInsuranceProducts

Economical set to roll out ‘full training’ to brokers on Vyne

May 10, 2018 by Greg Meckbach

Brokers will soon be able to learn Vyne, Economical Insurance’s Guidewire-based computer system, touted as a way of administering insurance policies with less manual intervention. “Soon we will roll be rolling out full training to 22,000 brokers across the country,”

News InsuranceProducts

Online tool allows brokers to cache data in BMS

May 7, 2018 by Jason Contant

Applied Systems’ new IVANS Exchange online tool for Canadian brokers will include a feature that allows caching and housing of data in a broker management system (BMS) for 90 days. This allows brokerages to keep the data, even if their