Canadian Underwriter

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Next round of reusable data services aims to solve this problem

November 6, 2019 by Greg Meckbach

When a corporate client’s policy is up for renewal, it can take a lot of time and effort to get a claims run request, a Toronto commercial broker suggests. The commercial claims run is a report, on a client, showing

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Data exchange: does it make sense for the insurer to compete with the mail service?

November 1, 2019 by Greg Meckbach

Imagine if each insurance company set up its own courier service to compete with Canada Post, instead of having a common carrier for the industry. Joseph Carnevale conjures up this scenario to illustrate why it’s a bad idea for every

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An insurer’s take on the multi-solution era of data exchange

December 3, 2018 by David Gambrill

An old adage states that a broker must be able to communicate with clients in the way in which the clients wish to communicate – be it through online portals, telephone, email, Facebook, LinkedIn, etc. Similarly, in a multi-solution era

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The ‘big area of inefficiency’ for brokers

November 8, 2018 by Greg Meckbach

The holy grail for brokers, of having their computers talk directly to carriers’ computers, is “going to happen,” an InsurTechTO speaker suggested Wednesday. “The big area of inefficiency is still duplicate entry,” Michael Loeters, senior vice president of commercial insurance

News BrokersTechnology

What four insurers say about IBAC Data Exchange

August 13, 2018 by Greg Meckbach

Reducing the workload for human beings is one reason some insurance carriers are participating in part of the Insurance Brokers Association of Canada’s Data Exchange project. “We are constantly looking for ways to eliminate manual processes, to eliminate administrative functions,