Rise of the Machines
June 11, 2018 Mazen Habash, president and consulting forensic engineer, Origin and CauseAppliance Fire and Flood Claims – Part 1
Paid Part 3 of DGA study reveals how to achieve your ideal insurance career
May 29, 2018 DGA CareersWhat direction do you see your insurance career taking over the next five years? Are you on a path to the C-suite or other leadership role? Alternatively, do you have a more entrepreneurial vision for either starting a company or…
How the privacy commissioner aligned with mutuals on Bill C-74
May 23, 2018 by David GambrillCanadian privacy law as it currently stands may not be enough to protect Canadians if banks are allowed to disclose their customer data to fintechs, Canada’s privacy commissioner told the Canadian Senate Committee on Banking, Trade and Commerce Wednesday. “Financial…
Skip the industry cocktail mixers. Here’s a better way to network.
May 15, 2018 by David GambrillTired of attending yet another insurance industry cocktail event, idly stirring your drink with a swizzle stick and talking to everyone you already know? Go ahead and skip that schmooze-fest. There’s a better way to meet new people. High-stakes shared…
“Don’t be on the sidelines,” speakers say of blockchain
May 14, 2018 by Greg MeckbachBlockchain, the technology behind Bitcoin, does not have a foothold in insurance yet, but it will no doubt disrupt some industries, speakers said last week at a financial industry conference. Blockchain promises “massively new business models,” Andrew Maxwell, director of…
Consolidation of employee benefits firms among hot trends affecting P&C commercial lines
May 11, 2018 by David GambrillWhat are some of the hottest trends in Canadian P&C commercial lines right now? Insurtechs in the SME [small and medium sized enterprise] customer segment is a key driver in today’s commercial market, says Jim White, chief sales officer and executive vice president…
Insurers investing in AI can boost revenues by double digits: Accenture study
May 10, 2018 by Jason ContantInsurers that invest in artificial intelligence (AI) and human-machine collaboration at the same rate as “top-performing” businesses could, over the next five years, boost their revenues 17% and their employment 7% on average, according to new research by professional services…
Claims, Interrupted
May 8, 2018 Shane Swinson, SVP, insurance portfolio, FirstOnSite RestorationWhy a new breed of storms paves a new course for claims managers
Award-winning CIO shares three-pronged approach to business transformation
May 2, 2018 by Jason ContantThe Co-operators is taking a holistic approach to leadership and business transformation, using strategies such as design thinking and minimum viable product (MVP) concepts, common language around innovation, and technology. Carol Poulsen, executive vice president and chief information officer at…
Ontario Chamber of Commerce joins chorus of calls for electronic pink slips
May 1, 2018 by Jason ContantThe Ontario Chamber of Commerce (OCC) is the latest organization to call on the provincial government to allow insurers to offer an electronic proof of auto insurance (EPAI) and other insurance documents. In a resolution passed during OCC’s annual general…
Mandatory corporate diversity policies soon to be Canada-wide
April 25, 2018 by Greg MeckbachAmid discussion that insurance industry executives are disproportionately male in an industry composed primarily of women, a proposal to mandate diversity policies for boards of Canadian corporations is one step closer to becoming law. The House of Commons voted April…
Sharing economy raises ‘broader question’ around usage-based insurance: Swiss Re
April 12, 2018 Greg Meckbach, Associate EditorAlthough mobile apps make it easier to rent rooms, some insurers have probably not considered the risks arising from short-term accommodations, speakers said Tuesday at Swiss Re’s annual breakfast meeting in Toronto. At the same time, they added, it should…