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Fintech sector in Canada not reaching full potential: Competition Bureau of Canada

The fintech sector in Canada is not reaching its full potential, in part because of consumer complacency and a lack of trust in new alternatives to the big banks, according to a new summary from the Competition Bureau of Canada. The summary, published on Monday on the Bureau’s fintech portal, follows a workshop in late […]

By Canadian Underwriter | May 1, 2017

2 min read

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Federal government invests $2.5 million to examine Canadian start-ups

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has announced a “non-repayable contribution” of up to $2.5 million to Wilfrid Laurier University in Waterloo, Ont. to support a national “scale-up data platform.” The platform will “capture and track metrics of Canadian companies and provide invaluable insights into why early-stage companies fail or succeed,” […]

By Canadian Underwriter | April 28, 2017

2 min read

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Former RSA Canada exec appointed CEO Canada, Swiss Re Corporate Solutions

Adrian Hall, former chief customer officer for RSA Insurance in Canada, takes the helm of Swiss Re Corporate Solutions in Canada May 1. He will be “responsible for managing the company’s strategy, development and performance,” Swiss Re Corporate Solutions said Thursday in a release. Hall – who will be based in Toronto – will report […]

By Canadian Underwriter | April 27, 2017

1 min read

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Confusion, frustration common to BI claims can be lessened: RIMS survey

PHILADELPHIA – Quantifying business interruption losses continues to be a big challenge, reported by almost six in 10 RIMS members taking part in a recent survey, but a well-conceived approach by risk managers can help to clear any hurdles. “By taking control of their data, establishing a team and developing plausible BI figures before losses […]

By Jason Contant | April 26, 2017

5 min read