HR
Getting younger people to choose the broker channel as a career remains a challenge, the incoming president of the Insurance Brokers Association of Ontario (IBAO) told Canadian Underwriter in a recent interview. “In the high schools is where it really should start – where people are looking for a career and find out that, yeah, […]
By Jason Contant | September 6, 2017
3 min read
Augmented and virtual reality each boast considerable potential for impact within the insurance industry, with implications spanning risk mitigation, improved efficiency and loss ratios and enhanced customer service, Novarica said in a new executive brief. While their effect will be most impactful over time, augmented reality (AR) and virtual reality (VR) each have potential for […]
By Canadian Underwriter | August 29, 2017
2 min read
Wawanesa Mutual Insurance Company, one of the largest property and casualty insurers in Canada with a growing presence in the United States, announced on Thursday that Chris Henn has been appointed president of its U.S. operations effective Aug. 31. Prior to this appointment, Henn held senior-level positions with Esurance, Nationwide Mutual Insurance Company and Progressive […]
By Canadian Underwriter | August 24, 2017
York University’s School of Continuing Studies said on Tuesday that it is responding to the “demand for comprehensive risk management training” by launching a new online Certificate in Risk Management course. The three-course online program (Risk Management Principles and Practices; Risk Assessment and Treatment; and Risk Financing) can be completed in just six months, York […]
By Canadian Underwriter | August 23, 2017
Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps (a software development and delivery process), and then applies disruptive technologies such as artificial intelligence, […]
By Canadian Underwriter | August 18, 2017
Chicago, Ill.-based Hub International Limited announced on Monday that Hub Quebec has purchased “certain assets” from Patrice Varin, through a corporation held by him. Terms of the acquisition were not disclosed. Varin will join Hub Quebec, bringing with him a commercial line book of business focused on offering bonds and surety-related products, Hub noted in […]
By Canadian Underwriter | August 8, 2017
A huge divide exists between consumer expectations of their digital service experience and what is being delivered, with three-quarters of recently polled consumers in Australia reporting they will stop trying a digital app or service within a minute if it stops working or slows down. Findings in State of Digital Operations: Australia, clearly show “a […]
By Canadian Underwriter | August 2, 2017
4 min read
Global professional services firm Marsh & McLennan Companies, Inc. (MMC) has announced the appointment of John Doyle as chief executive officer of Marsh, effective immediately. Doyle will report to MMC president and CEO Dan Glaser and continue to serve on the company’s executive committee, Marsh said in a press release earlier this week. “A highly […]
By Canadian Underwriter | July 7, 2017
The insurance industry has been very incremental in dealing with disruption and needs a drastic shift from historical analysis to predictive, future risk models, a speaker suggested on Wednesday at the Insurance Analytics Canada Summit. “You cannot disrupt with incrementalism,” Pranav Pasricha, chief executive officer at Intellect SEEC said at conference, held at the Toronto […]
By Jason Contant | June 30, 2017
Aviva Canada said earlier this week that is urging the Government of Quebec to maintain the 20% ownership limit of insurance brokerages by insurers in order to “reduce the potential for any conflict of interest and to enhance consumer confidence in the insurance industry.” The 20% rule has enabled Quebec to create a robust and […]
By Canadian Underwriter | June 29, 2017
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