The rapid take-up of mobile devices by newer generations of consumers may spell big changes for the claims management process. Mobile claims technology in the form of tablets and other tools have existed for some time for adjusters and insurance companies, but to date only a handful of insurers have experimented with mobile apps for customers. How will mobile technology evolve for insurance companies, clients and adjuster partners? Should insurer mobile apps be directed to customer, or adjuster, functionality? And how will the integration process work for all parts of the claims value chain?
What is the missing element in Canada’s auto insurance industry? It could be that advertising holds the key in an expanding industry where insurers are increasingly having to fight to gain market share.
CANADIAN MARKET Greater Toronto Area Sees Record Rainfall The Greater Toronto Area (GTA) experienced rainfall on July 8, eclipsing Hurricane Hazel almost six decades earlier, that resulted in flooding and power outages. Pearson International Airport is reported to have recorded…
The insurance industry should keep an eye on trends in accident avoidance technology, because the safety features are here to stay.
Pat Van Bakel has been appointed chief operating officer at Crawford & Company (Canada) Inc., effective March 1. Van Bakel has been with the company for more than 20 years, having most recently served as senior vice president, operations, insurer…
Media coverage on the high cost of fraudulent claims to insurers and insureds alike has been extensive. But the fight against fraud is also costly, and more so if punitive damages are awarded as a result of mistakes in the…
Thanks to the actions of an unscrupulous few, brokers and their clients are left to pick and choose between optional coverages, leaving open the question of which might be needed.
Vehicle theft is the number two claim insurers have to face today
Gordon Findlay, the man behind Axiom, is hanging up his pen after 12 years of offering wisdom to the industry in the form of fiction
Both insurers and their collision repair partners are facing difficult times, with costs rising and marketshare scarce. Consolidation in either industry has not brought about the kind of cost efficiency dreamed of. Perhaps it is time to see “the big…
As insurers, auto manufacturers and other claims supply chain representatives met for the annual AIM Forum in Toronto recently, cost control and injury reduction took the front seat. From the aftermarket parts debate to personal injury claims inflation, speakers noted that insurers and auto makers must find ways to protect against fraud and keep drivers safer, while still keeping a lid on expenses.
Ouch! Auto insurers just cannot seem to win. Across Canada auto claim losses are pouring in with the supposed “prize market” of the country — Ontario, which accounts for about a third of all premiums in Canada — delivering some…