Segment
Consumers
Which province will allow digital pink cards next?
August 6, 2019 by Adam MalikIf George Hodgson’s crystal ball is working as well as he hopes, it may not be too long until Alberta drivers will be able to use digital insurance pink cards. The chief executive officer of the Insurance Brokers Association of…
How might car-sharing insurance be changed?
July 19, 2019 by Jason ContantOntario’s government is considering changing how insurance applies to vehicle subscription services. Included in the provincial government’s 2019 budget document released in April was a proposal “enabling innovation and new business models to give drivers more options, such as car…
How to make earthquake insurance sexy
June 28, 2019 by Jason ContantQuebec’s financial regulator, the Autorité des marchés financiers (AMF), is working with the property and casualty insurance industry to make the earthquake insurance product more attractive to insurers, brokers and consumers. In its 2017-2020 Strategic Plan released Thursday, AMF said…
What cabinet upheaval means for auto reform progress
June 24, 2019 by Adam MalikOntario Premier Doug Ford has made drastic changes to his cabinet just months after including auto reforms in its first budget. Taking over as finance minister – and in effect, the auto insurance file – will be Rod Phillips. The…
Where did everyone go?
June 16, 2019 Emily AtkinsHow do you keep track of your insureds when disasters force your clients to abandon the primary address you have on file?
How AI can help shape a more effective disaster response
June 7, 2019 by Jason ContantArtificial intelligence (AI) should be used not only to predict what will happen, but to shape and influence that outcome, the president of IBM Canada said Wednesday. “Predicting it is good, but the value that you get as an enterprise…
Retirement: How “Freedom 55” may become “Freedom 65+”
May 30, 2019 by Adam MalikThe Canadian Institute of Actuaries (CIA) wants to talk about delaying the traditional retirement age to beyond 65. Many are already choosing to work beyond age 65 anyway, said John Dark, CIA president. “It makes sense to update our country’s…
Don’t count on self-driving cars being just around the corner
May 29, 2019 by Greg MeckbachIf you are led to believe most of your clients will get around in self-driving cars within a decade, you might want to think again. “Autonomous vehicles will likely not be on our roads for at least another 25-30 years,…
Balancing insurance innovation and regulation
May 24, 2019 by Adam MalikConsumers are experiencing innovation when it comes to buying cars, clothes, music and more. So when it comes to insurance, they’re expecting the same types of experiences. But they’re not entirely getting it. Ontario consumers can buy car insurance online.…
Why your clients may not be covered when there’s an active wildfire
May 21, 2019 by Jason ContantWith wildfire season already underway in Alberta and British Columbia, brokers will be looking at how insurance can help their clients mitigate any losses. But brokers and clients alike may not know that the ability to bind coverage could be…
Is Ontario about to see electronic pink slips?
May 3, 2019 by Jason ContantIs electronic proof of auto insurance (EPAI) just around the corner in Ontario? Industry scuttlebutt is that the new Financial Services Regulatory Authority of Ontario (FSRA) will allow the use of EPAI this summer, possibly as early as June. Canadian…
Health Canada warns mould is a serious concern in flood hit homes
May 2, 2019 Kevin Bissett - THE CANADIAN PRESSHealth Canada is warning of the dangers of mould in homes and cottages hit by this year’s spring flooding. Federal biologist Francis Lavoie says it’s important to dry wet walls and belongings within 48 hours, but that’s not always possible…