Industry

Aviva Canada’s financial turnaround explained

Aviva Canada has turned its financial results around over the past year, with a dramatic 7.1% drop in its combined ratio in the first half of 2019 compared to the same period last year. Aviva’s Canadian business reported a 97.5% COR in the first half of this year, compared to a COR of 104.6% over […]

By David Gambrill | August 8, 2019

4 min read

Where AI can help underwriters

When nearly half of your time is taken up doing mundane – but essential – tasks, one expert believes it’s time to embrace a better way. Carlos Benfeito, Montreal-based head of insurance products at Element AI, noted that about 40% of an underwriter’s job is taken up by manual data entry and evaluation. Think of […]

By Adam Malik | August 8, 2019

2 min read

Big Moves – New customer service officer for SGI

Paul Mlodzik has left The Co-operators Group Ltd. to oversee a new division at Saskatchewan Government Insurance (SGI). He is now executive vice president and chief customer officer of SGI’s newly-formed customer, communications and marketing division. It’s his second time working for a provincial crown corporation insurer. The new SGI division will link SGI’s customer, […]

August 8, 2019

2 min read

B.C. jail added to properties under alert as wildfire grows

VANCOUVER – A wildfire burning in steep and rocky terrain in British Columbia’s southern Okanagan is defying containment efforts and has grown to nine square kilometres in size. BC Wildfire Service maps show flames are moving through an area of cliffs and other challenging terrain on the east side of Highway 97 and officials say […]

By Greg Meckbach | August 7, 2019

2 min read