Canadian Underwriter

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Consumers


News AssociationsInsuranceMarkets / Coverages

Signs of progress on national flood program for Canada

January 29, 2019 by Jason Contant

Canada is making good progress on a national flood program, pending a final decision by federal, provincial and territorial (FPT) ministers responsible for emergency management. “What they are looking at is one national insurance solution to improve outcomes for high-risk

News BrokersInsuranceTechnology

Would you buy insurance from your own website?

January 22, 2019 by Jason Contant

Before jumping right into buying a piece of technology, brokers should first think about mapping out the customer journey, suggests the CEO of a company that helps brokers with automation. “Diving right into the software isn’t always the best because

News InsuranceMarkets / Coverages

How many municipalities will want to host cannabis stores?

January 22, 2019 Allison Jones - THE CANADIAN PRESS

TORONTO – More than half of Ontario’s eligible municipalities have opted in as willing hosts to cannabis stores as the first locations are set to open in a little over two months. Municipalities have until 11:59 p.m. Tuesday to tell

News Insurance

How much of a cost decrease will get your clients to switch carriers?

January 18, 2019 by Jason Contant

More than half (56%) of polled Canadians would switch insurance providers for a savings of $150 or more, according to a new survey from Kanetix.ca, an online comparison site for insurance rates. Almost the same percentage (57%) of the 812

News AssociationsInsurance

2019 Executive Outlook | Don Forgeron, IBC

January 2, 2019 Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019

News Insurance

CAA launches cannabis education campaign for young drivers

December 20, 2018 by Jason Contant

CAA South Central Ontario (CAA SCO) has launched a cannabis education campaign geared toward young drivers. Research from CAA shows that there is a gap in awareness of the effects of using cannabis, specifically in young men. Men aged 25

News Technology

Uber autonomous vehicle testing resumes in Toronto

December 20, 2018 Ian Bickis - THE CANADIAN PRESS

TORONTO – Uber Technologies Inc. says its self-driving vehicles have returned to the streets of Toronto in a modified program after it halted testing earlier this year when one of its autonomous vehicles struck and killed a pedestrian in Arizona.

News InsuranceTechnology

Why insurers should invest in omnichannel strategies

December 19, 2018 by Jason Contant

With strategic investment in digital initiatives and omnichannel, insurers can become more customer-centric, achieve growth and lower costs, Ernst & Young (EY) said recently. Digital and omnichannel is one of five key issues and trends that should be on the

News InsuranceTechnology

Flying cars may appear in urban skies by 2023

December 17, 2018 Christopher Reynolds - THE CANADIAN PRESS

The flying cars depicted in science fiction classics such as “Blade Runner” and “The Fifth Element” have long been seen as flights of fancy, but their arrival is closer than you think. At least a dozen companies are prototyping or

News InsuranceLegislation / Regulation

How this ‘gap’ in privacy law affects tow-truck operators

December 13, 2018 by Greg Meckbach

If your client’s vehicle is towed in Manitoba, the auto insurer will not normally tell the towing company who owns the vehicle. “There is a gap in the [Manitoba privacy] legislation or, at a minimum, the administrative practices of the

News InsuranceTechnology

Is 2019 the year of hyper-personalized, omnichannel insurance in Canada?

December 12, 2018 by Jason Contant

Meeting consumers where they already are by moving towards an omnichannel strategy is one of the trends that will reshape the Canadian insurance industry in 2019, a market intelligence agency predicts. The application programming interface (API) mindset and integrated omnichannel

News InsuranceMarkets / Coverages

What small business owners think of private auto insurance in B.C.

December 11, 2018 by Jason Contant

As debate rages on in British Columbia over public versus private ridesharing insurance options, the Canadian Federation of Independent Business (CFIB) has released new survey results that show nearly three of four small business owners support private auto insurance. CFIB