Bermuda insurer PartnerRe Ltd. announced Monday that its shareholders will vote Nov. 19 on a proposed US$6.9 billion acquisition by EXOR S.p.A. EXOR originally offered to buy PartnerRe two months after PartnerRe’s board of directors recommended a merger with Axis Capital Holdings Ltd. Both Axis and PartnerRe are based in Pembroke, Bermuda, both write reinsurance […]
By Canadian Underwriter | September 29, 2015
2 min read
Surveyed insurance executives understand the importance of innovation to drive future competitive advantage and growth, but most are struggling with making that goal a reality, reports KPMG International. A new report released Thursday, A new world of opportunity: The insurance innovation imperative, is based on input from 280 property and casualty, life and health, composite […]
By Canadian Underwriter | September 17, 2015
2 min read
Live video collaboration technology is a relative newcomer in the claims-processing toolkit. But does the technology, working through smart devices, offer the promise of significantly speeding up claims resolution and, in turn, bolstering customer engagement?
August 31, 2015
5 min read
Lorne Perry, incoming president of the Insurance Brokers Association of Canada, emphasizes the broker's role in acting on behalf of consumers.
August 31, 2015
6 min read
Desjardins General Insurance Group Inc. of Levis, Quebec announced Friday the availability of a mobile app for its Ajusto usage-based auto insurance, under which DGIG offers discounts based on driving behaviour. With the Ajusto app – for devices running Apple Inc. iOS and Google Inc.’s Android operating systems – DGIG is offering “a 100% mobile […]
By Canadian Underwriter | March 27, 2015
3 min read
Change can be exciting, it can be progressive and, as the saying goes, it can be good. But the head-over-heels love affair with change occasionally needs to be tempered by feet-on-the-ground reminders that change also comes with potential risks. The current view of technology is one such example. Information technology research and advisory company Gartner […]
December 31, 2014
3 min read
Water damage has become the most common insurance claim in Western Canada. Despite the number of such claims, a recent survey of tenants and homeowners in Alberta and British Columbia shows that water is a peril that continues to be underestimated and overlooked.
December 31, 2014
5 min read
Research from Accenture shows that claims experience is a key determinant in customer retention. That experience plays a powerful role in influencing customers' decisions to switch providers, but other factors, such as customer service and technology, are also important and must be considered.
November 30, 2014
5 min read
Poised to become president of the Canadian Independent Adjusters' Association, David Porter's goal is to offer claims adjusters "meaningful skill development tools" quickly and easily.
June 30, 2014
5 min read
Doug Cutbush spent 40 years in insurance, and now employs his vast experience, education and committee work to help others come to a resolution.
April 30, 2014
5 min read