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BlackBerry system geared at helping automakers ensure safe and secure autonomous vehicles

June 8, 2017 by Canadian Underwriter

“There is no safety without security,” John Wall, senior vice president and head of BlackBerry QNX, said this week as part of the launch of a new real-time, type 1 hypervisor that can be used in next-generation connected and autonomous

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProductsTechnology

Generali Global Assistance launches identity protection platform in Canada

June 7, 2017 by Canadian Underwriter

Generali Global Assistance (GGA), part of the Generali Group, announced on Tuesday that its proprietary identity protection platform is now available for the Canadian marketplace. The offering provides an integrated approach to the four pillars of identity protection: prevention, monitoring,

News InsuranceTechnology

Master data management necessary to help make sense of big data: Novarica

June 7, 2017 by Canadian Underwriter

Key to supporting best practices in master data management (MDM) is to develop a single view of MDM that can be referenced by all systems, reporting and business processes, suggests a new brief from research and advisory firm Novarica. Issued

News InsuranceProductsTechnology

CSIO announces eSlips, “an industry solution for the digital delivery of proof of auto insurance cards”

June 7, 2017 by Canadian Underwriter

The Centre for Study of Insurance Operations (CSIO) has announced what it is calling “an industry solution for the digital delivery of proof of auto insurance cards, or eSlips.” CSIO announced the solution at Gore Mutual Insurance Company’s Fast Forward

News CatastrophesClimate ChangeInsuranceMergers and AqcuisitionsTechnology

Loss adjusting innovation emerging in light of insurance claims for forest fires: Cunningham Lindsey

June 6, 2017 by Canadian Underwriter

Greater complexity in insured losses sparked by forest fires has produced a bright spot: innovation in how loss adjusters are tackling these events, suggests a new review from Cunningham Lindsey. Released Tuesday, the company’s 2017 Major and Complex Loss Review

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Brokers present ideas for innovative technologies at Aviva Canada’s BrokerTech Launchpad

June 1, 2017 by Canadian Underwriter

Aviva Canada announced on Wednesday that it has received its first presentation of ideas from its BrokerTech LaunchPad pilot program, “a program that gives insurance brokers the opportunity to present their ideas for technologies to disrupt, transform and lead the

News InsuranceMarkets / CoveragesTechnology

36% of polled Canadian firms have no cyber security insurance: FICO

June 1, 2017 by Canadian Underwriter

More than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.

News CatastrophesInsuranceTechnology

Criminal data breaches forecast to cost global business $8 trillion in next five years: Juniper

May 30, 2017 by Canadian Underwriter

Higher levels of Internet connectivity and inadequate enterprise-wide security are expected to pave the way for criminal data breaches costing businesses around the world about $8 trillion over the next five years, suggests U.K.-based Juniper Research. Research released Tuesday indicates

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Boyd Group Income Fund to acquire collision repair company Assured Automotive for $193.6 million

May 30, 2017 by Canadian Underwriter

Boyd Group Income Fund (BGIF) is looking to cement the Boyd Group’s position as a leading provider of collision repair services in Canada with the announcement it has entered into a definitive agreement to acquire the assets and business of