Segment
Brokers
SCM launches iClarify services to Manitoba brokers
April 25, 2012 by Canadian UnderwriterSCM Risk Management Services (RMS) has launched iClarify services to Manitoba brokers using the Compu-Quote quoting platform and PowerHouse evaluation platform. The initial launch will focus on the Greater Winnipeg Area and the most heavily populated city centres across the…
Applied Systems adopts eDoc standards
April 25, 2012 by Canadian UnderwriterSoftware provider Applied Systems is supporting the Centre of the Study of Insurance Operations (CSIO) XML eDoc standards in the company’s next major release of its TAM broker management system, expected 2012 Q4. Applied Systems has already begun work with…
SCM launches iClarify services to Alberta brokers
April 24, 2012 by Canadian UnderwriterSCM Risk Management Services (RMS) has launched iClarify services to Alberta brokers using the Compu-Quote and PowerQuote platforms. The initial launch focuses on Calgary, Edmonton, Lethbridge, Red Deer and Medicine Hat, with enhanced data and imagery continuing to go live…
ICBC seeks essential service designation for specific claims and insurance functions
April 24, 2012 by Canadian UnderwriterThe Insurance Corporation of British Columbia (ICBC) is seeking essential service designation for specific claims, insurance and driver-licensing functions, loss of which the ICBC argues could put residents at risk should staff decide to strike. The Canadian Office & Professional…
Ontario brokers to launch mobile app
April 17, 2012 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) will soon introduce a mobile application that offers consumers access to individual brokers, their represented insurance companies and reporting assistance for auto and property claims. Cost for the app will be $500 for…
Insurance industry expects to invest heavily in the next three years towards ultimate objective of “policy at inception”
April 17, 2012 by Canadian UnderwriterSeeking that ‘Holy Grail’ of producing a policy at inception will motivate the insurance industry’s technology spending over the next three years, according to a panel of senior U.S. insurance company and broker executives speaking at the 2012 Risk and…
Risk managers cautioned to prepare for possibility of hard market
April 17, 2012 by Canadian UnderwriterRisk managers would be wise to start preparing for a hard market insurance cycle that they haven’t seen for while, a panel of senior U.S. insurance company and broker executives told delegates of the 2012 Risk and Insurance Management Society…
Customer retention is key for North American insurers: Gartner
April 12, 2012 by Canadian UnderwriterThe top priority for information technology leaders at insurance companies is keeping the clients they have, Gartner Inc. said in a recent report. In a survey of IT professionals from five Canadian and 57 U.S. property and casualty insurers, 81%…
Policy Works helps Intact Insurance with commercial data exchange
April 11, 2012 by Canadian UnderwriterIntact Insurance is the first private insurer to provide its brokers with enhanced commercial data exchange tools through improved portfolio download management. Working with Policy Works, the company now gives brokers the ability to process their entire commercial lines portfolio…
Applied Systems to open Canadian data centre in 2012 Q3
April 10, 2012 by Canadian UnderwriterInsurance software company Applied Systems is planning to open a Canadian data center in 2012 Q3. The data centre would provides additional data storage for the growing number of insurance brokers who choose online broker management systems and request data…
‘Digital Natives’ likely to switch seamlessly (and often) between technology platforms
April 9, 2012 by Canadian UnderwriterPeople who grew up with mobile technology as part of their everyday lives are likely to switch their attention between a variety of media platforms, suggesting a multi-platform sales approach may be the best way to engage these consumers. Time…
Everyone in the insurance industry – including the broker sales force – has a role to play in educating consumers about the use of credit scoring: IBC
April 5, 2012 by Canadian UnderwriterEveryone in the insurance industry, including the broker workforce, has a role to play in educating consumers about the use of insurance-based credit scores, the Insurance Bureau of Canada (IBC) said on Apr. 4. The IBC was responding to a…