Industry
Rising inflation and an alarming trend of increased vehicle theft will continue putting additional pressure on the insurance industry in 2024.
By Phil | December 28, 2023
2 min read
The rising rate of auto theft is quickly establishing itself as something that will not be resolved without proactive, collaborative efforts.
leveraging data and digitalization will be critical for the insurance industry to meet rapidly evolving customer expectations
1 min read
The industry will see benefits of artificial intelligence start to emerge; most likely, this will be in the new customer on-boarding space
By Phil | December 27, 2023
AI leads to some compelling questions: what does this mean for insurers? What about privacy? How can it make us more effective and efficient?
Chris Sekine, President, CEO, Trisura Guarantee Insurance Company 2024 will see the evolution of economic and financial trends emerging from the end of the global pandemic, creating an interesting dynamic between primary insurers and reinsurers. And as this happens, the P&C industry is navigating a profound shift in the workplace. Canada’s commercial P&C industry experienced […]
By David Gambrill | December 27, 2023
Tina Osen, President, Canadian Region, Hub International 2024 will continue to amplify the escalation of risk. Climate change, geo-political risk, cybercrime, and inflationary pressures will continue to magnify the need for the insurance industry to provide insurance and risk solutions to individuals or businesses. Canadians will need help to navigate these risks, and they will […]
By David Gambrill | December 26, 2023
We’re seeing an historic spike in stolen vehicles. To underwrite these risks responsibly, many insurers are forced to increase rates.
By Phil | December 22, 2023
We must help clients understand the confluence of factors shaping their risk environment, and in turn help them to increase their resiliency.
We haven’t seen the inflection point between premium growth and claims costs and there is potential to undo work to close protection gaps.
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