Segment
Brokers
Big Brother 2013
December 1, 2012 Mark FabbroniEvent data recorders, aka vehicle “black boxes,” are at a tipping point
Assured Automotive, Concordia Collision establish Ottawa joint venture
December 1, 2012 byConcordia Collision Centres and Assured Automotive announced in November the establishment of a joint venture between their respective organizations for the Greater Ottawa market. This Joint Venture includes the two Concordia Collision Centres combined with the recently acquired Assured Frank…
Applied Systems’ MobileProducer lets brokers, agents access insurance software on iPads, Android devices
November 29, 2012 by Canadian UnderwriterApplied Systems Inc. announced Thursday the general release of its MobileProducer software, which works on Apple’s iPad and on wireless devices running Google’s Android operating system. In a press release, the University Park, Ill. vendor said MobileProducer lets users access…
Executor liability product aims to cover increasingly risky role
November 29, 2012 Harmeet Singh, Online EditorAs much of the country’s population grows older, many Canadians are being thrown into an unfamiliar new role – one that arguably has become more risky over time. The risk that comes with being the non-professional executor of a will…
Brokers’ technology group focuses on “digital client experience,” broker management systems
November 29, 2012 Greg Meckbach, Associate EditorThe Organization of Real-time Brokers Implementing Technology (ORBiT) held its annual general meeting in Toronto Tuesday, announcing the progress of working groups as members discussed hot-button issues including electronic versions of pink auto insurance slips, electronic payments to brokers and the…
CCIR working group reaches no conclusion on controversial credit scoring issue
November 28, 2012 Harmeet Singh, Online EditorThe Canadian Council of Insurance Regulators (CCIR) group tasked with reviewing the use of credit scoring by insurers has been unable to come up with recommendations on the matter, in perhaps a disappointing end to a long look at the…
Gore Mutual’s new “big data tool” aims to deliver faster decisions to brokers
November 28, 2012 by Canadian UnderwriterGore Mutual Insurance Company announced Wednesday that the company has fully implemented Outside Intelligence’s (OIQ) Risk Discovery Platform to support its commercial underwriting operations, a move expected to provide more timely service to brokers. OIQ is search-based application whose platform…
Toronto-based firm Onex to acquire USI for $2.3 billion
November 27, 2012 by Canadian UnderwriterThe private equity firm Onex Corporation announced Monday it has agreed to acquire USI, one of the largest insurance brokers in the United States, for US$2.3 billion. The equity investment of approximately $700 million will be made by Onex Partners…
The Dominion gets social with launch of YouTube risk management series
November 19, 2012 by Canadian UnderwriterThe Dominion has launched a new YouTube-based risk management series of tools and content aimed at commercial building owners, available for its brokers to use on their own websites and share through their social media feeds. The YouTube toolkit, called…
Young consumers want face-to-face for complex transactions: survey
November 14, 2012 by Canadian UnderwriterIndividuals aged 18 to 29 who responded to a recent survey by Celent report wanting to receive face-to-face customer service for complex transactions. That was among the more surprising findings suggested by the survey, which involved 523 responses from North…
Applied Systems’ TAM 12 to support eDoc XML electronic document standard
November 9, 2012 by Canadian UnderwriterApplied Systems Inc. announced Thursday the general release of version 12 of The Agency Manager (TAM), its software for insurance brokers and agents. “For Canadian customers, it includes all-new capabilities for writing commercial lines policies,” Applied Systems stated in a…
Western Financial Group teams with Applied Systems to support growth strategy
November 7, 2012 by Canadian UnderwriterWestern Financial Group has partnered with Applied Systems to integrate more than 120 network locations throughout Canada’s western provinces and position the company for continued growth. Western Financial Group, owner of the largest property and casualty distribution network in western…