Canadian Underwriter

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Vendors


News InsuranceRisk

Advertisement New wildfire index fights a $5.6-billion problem

July 24, 2018 Opta Information Intelligence

With wildfire losses reaching a whopping $5.6 billion in the past 10 years, there is an urgent need for a solution that can help insurers price the risk accurately, as well as to help municipal and provincial governments know their

News LegalMarkets / Coverages

How data breaches cause harm even if no financial info is stolen

July 17, 2018 by Jason Contant

A recent data breach at an Ontario college highlights the importance of educating clients on cybersecurity, even if no financial information was exposed. “Even having your name, address and date of birth stolen can still cause problems,” Don Duncan, security

News Earnings / RatingsInsurance

Where premiums actually went down in Canada

July 17, 2018 by Jason Contant

Average premiums for personal auto in Atlantic Canada decreased for the second consecutive quarter, according to Applied Systems’ latest quarterly rating index. On the other side of the country, in British Columbia, average personal property premiums also decreased for the

News InsuranceMarkets / CoveragesTechnology

How to explore an untapped market in identity fraud protection

July 5, 2018 by Jason Contant

While the majority of polled Canadians (86%) believe they are increasingly at risk of identity fraud, only about one-quarter have identity fraud protection, a recent survey has found. Conducted on behalf of Vancouver-based fintech company Mogo, the survey polled 1,514

News InsuranceMergers and AqcuisitionsTechnology

Quebec insurance IT provider V-NEO acquired by German-based tech company

July 3, 2018 by David Gambrill

German-based tech provider GFT Technologies SE (GFT) has acquired V-NEO Inc. (V-NEO), a Quebec-based IT provider to the Canadian property and casualty insurance industry. Founded in 2011, V-NEO has acted as a service partner for the P&C insurance Guidewire platform.

News InsuranceTechnology

Paid This is how savvy commercial underwriters are getting ahead of the competition

June 25, 2018 Opta Information Intelligence

In a fiercely competitive and increasingly challenging commercial lines marketplace, Opta Information Intelligence’s Commercial Perils Solution can now display an unparalleled scope of risk related insight to a particular piece of business. Allowing savvy underwriters to better manage their existing

News AppointmentsTechnology

Former Zurich Canada CEO elected to claims software vendor board

June 22, 2018 by Greg Meckbach

Robert Landry, a former president and CEO of Zurich Insurance Company’s Canadian branch, was elected Thursday to the board of directors of Symbility Solutions Inc., a claims software maker. Calgary-based Symbility held its annual shareholders meeting Thursday. The vendor’s products

insPRESS Announcements

Join WICC’s Golf Beach Party on July 11

June 20, 2018 WICC Ontario

TORONTO, June 20, 2018 /insPRESS/ – WICC Ontario’s Golf Fundraiser takes place again at the beautiful Angus Glen Golf Club. In our 19th year, we have something enjoyable for everyone! Get into our BEACH THEME and wear your best Hawaiian

News BrokersTechnology

Are independent brokerages in Canada adopting digital technology?

June 13, 2018 by Jason Contant

While independent brokerages in four countries (including Canada) are not fully embracing digital technology in 2018, Canadian brokerages are showing an increased adoption of cloud hosting, according to a new annual report from software vendor Applied Systems. Applied released Tuesday

News BrokersInsuranceTechnology

From days to minutes: New tech overhauls quote and bind process

June 10, 2018 by Jason Contant

The launch of the new broker technology Vyne will eliminate some of the “inefficient steps” that brokers have to take between quoting and binding, potentially reducing the quote and bind process from days or weeks to just minutes, the company

insPRESS AnnouncementsAppointmentsLegal

Laura Emmett becomes Youngest Ever President of Canadian Defence Lawyers

June 8, 2018 by Daniel Strigberger

TORONTO, June 8, 2018 /insPRESS/ – Strigberger Brown Armstrong LLP congratulates its team member, Laura Emmett, on beginning her role as President of the Canadian Defence Lawyers. “I’m thrilled to be the President of the only national organization that represents

News AssociationsBrokersInsuranceTechnology

Major agreement toward resolving broker-carrier data exchange issues

May 29, 2018 by Jason Contant

Key players in Canada’s P&C industry have reached an agreement to pursue an application programming interface (API) hub solution, called the BrokerFlow solution, to solve the current data connectivity gap between insurers and brokers. The “solution phase” is set to