Topic
Products
Why insurance professionals should offer wealth management solutions
December 20, 2017 Greg Meckbach, Associate EditorProperty & casualty insurance providers wanting to improve client retention could offer more “holistic advice” and better “product density” by offering wealth management, some insurance executives say. Brokerages can provide a “broader value proposition” to clients by offering them home,…
Regulator weighs in on disputed ridesharing claims
December 20, 2017 David Gambrill, Editor-in-ChiefDisputes among Ontario auto insurers, arising from collisions involving vehicles used for multiple ridesharing providers, will likely be handled in the same way insurers handle priority disputes in accident benefits claims, Ontario’s insurance regulator told Canadian Underwriter Wednesday. Aviva Canada…
Paid Digital Privacy Act changes are coming. Are you prepared?
December 12, 2017 CyberScoutFor Canadian organizations, as well as organizations doing business in Canada, a dramatic shift to privacy and cyber security regulations is looming. The amendment to Canada’s Personal Information Protection and Electronic Document Act (PIPEDA), the federal privacy law for private-sector…
New federal law may make cyber a must-have
December 4, 2017 Greg Meckbach, Associate EditorThis may be a prime time for brokers to start selling cyber insurance to commercial clients. There is still no word on when Canada will have nation-wide mandatory breach notification, but a legal cyber specialist says companies should start to…
Regulator challenges rosy telematics picture
December 2, 2017 Greg Meckbach, Associate EditorCanadian auto insurers have been using telematics to gather data on driving behaviour for years, with one insurer having billions of miles’ worth of data, but it remains debatable whether pay-as-you-drive technology actually reduces insured losses. Claims costs “could conceivably…
Will nat cats increase product pricing in Canada?
November 28, 2017 Jason Contant, Online EditorIncreases in natural catastrophes and the price of reinsurance could also drive up the price of insurance products in Canada, the federal financial regulator said Tuesday. “Our concern is in the longer run, we’ll see increases in the price of…
APRIL Canada is delighted to launch a new Professional Liability product
November 27, 2017 APRIL CanadaTORONTO, Nov. 27, 2017 /insPRESS/ – APRIL Canada is delighted to announce the launch of our new Professional Liability Insurance product. This is a specialized offering for your licensed professional clients which goes beyond your standard E&O and CGL. “We…
A broker’s guide to cyber insurance
November 23, 2017 Jason Contant, Online EditorGiven the “fairly fluid coverage situation” in the cyber insurance market, it’s imperative for brokers to educate themselves about the array of available cyber products to establish the right limits of cover for their clients. “I think brokers struggle with…
Four markets for Airbnb coverage
November 20, 2017 Jason Contant, Online EditorWith Vancouver City Council voting to approve new regulations for short-term rentals, including Airbnb, and Toronto considering the move, the question remains: who is insuring these rentals? Stefan Tirschler, product and underwriting manager at Vancouver-based Square One Insurance Services, told…
New policy designed to simplify cyber risk management
November 14, 2017 by Canadian UnderwriterBerkshire Hathaway Specialty Insurance (BHSI) has launched a cyber insurance product in Canada that combines cyber liability and breach response coverage with risk management resources for commercial enterprises and financial institutions. “Our new policy simplifies the complex endeavour of managing…
New Editor-in-Chief for Canadian Underwriter as veteran journalist David Gambrill returns
November 13, 2017 Canadian UnderwriterTORONTO, Nov. 13, 2017 /insPRESS/ – Newcom Business Media Inc. is pleased to announce the appointment of David Gambrill as Editor-in-Chief of Canadian Underwriter. “David is an award-winning writer and editor who’s arguably Canada’s most experienced and knowledgeable insurance journalist,”…
Customers now define the industry and products: InsurTechTO speaker
November 6, 2017 Greg Meckbach, Associate EditorAs technology disrupts insurance providers and companies in other industries, understanding what customers want is critical, speakers suggested Monday at InsurTechTO. “What I find most challenging about the customer side is, sometimes they know what they want and sometimes they…