Claims

CU Total Loss Series: To repair, or not to repair?

Total Loss Series, Part 1:  Cycle Times Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing total loss cycle times by a week. How can the industry do this? Canadian Underwriter […]

By David Gambrill | April 17, 2019

4 min read

One critical piece of advice to your client about BI cyber claims

Preparing in advance for how a cyber-related business interruption loss may play out can help transform the claims process, speakers said earlier this month at NetDiligence’s Cyber Risk Summit in Toronto. A lot of the “claims frustration” can be avoided if insureds consider simple things like what sort of documents will be required to prove […]

By Jason Contant | April 16, 2019

3 min read

Uber-style platform for expediting appraisals now in Canada

An Uber-style platform to expedite home and auto claims appraisals has made its way into Canada. Offered by WeGoLook, the online and mobile sharing-economy platform provides personalized, onsite data capture for inspections and low-complexity services across the United States. Now in Canada, WeGoLook has built up a base of 3,000 “lookers” across Canada; of those, […]

By David Gambrill | April 16, 2019

3 min read

How brokers can stop a flooded basement

A recent study suggests brokers have a golden opportunity to talk to homeowners one-on-one about how to protect homes from basement floods. With the right information and often for less than $500, homeowners can protect themselves from the increasing risks of basement floods, according to a report from the University of Waterloo. The study suggests […]

By David Gambrill | April 16, 2019

2 min read