Legal / Regulation
Calgary-based brokerage InsureMy Ltd. and United Kingdom-based telematics provider Trak Global Group announced on Wednesday a partnership through an exclusive licensing agreement enabling InsureMy to “distribute products from the Trak/Carrot [Insurance] brand to maximize distribution points throughout Canada.” Trak Global Group is the telematics provider behind the “multi-award winning” Carrot Insurance brand, launched in 2012. […]
By Canadian Underwriter | November 2, 2016
2 min read
Outside Intelligence has announced the availability of a cognitive computing platform to help businesses meet the guidelines of the new International Organization for Standardization (ISO) anti-bribery standard, ISO 37001. The platform produces automated due diligence reports – which businesses can use to evaluate discovered risks that can be immediately used to make key decisions – […]
By Canadian Underwriter | October 17, 2016
Advances in wood engineered products and fabrication have made the idea of constructing timber tall buildings feasible and a genuine alternative to concrete, Eric Karsh, principal of Equilibrium Consulting Inc., suggested Thursday during the 43rd Annual Engineering Insurance Conference in downtown Toronto. Karsh cited a study Equilibrium Consulting recently did for a client, in which […]
By Angela Stelmakowich | October 7, 2016
5 min read
HR
The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the global transportation industry, according to a new report released on Monday by Willis Towers Watson (WTW). Willis Towers Watson’s 2016 Transportation Risk Index was commissioned to measure the industry’s current risk environment from […]
By Canadian Underwriter | October 3, 2016
3 min read
The issues facing the broker channel – such as the regulatory environment and technology – are collective, but the channel is strong together, Robert Harrison, new president of the Insurance Brokers Association of Canada (IBAC), said during the association’s annual general meeting in Charlottetown, P.E.I. on Saturday. “Do we need change? I think we need […]
By Jason Contant | October 2, 2016
Zurich Insurance Group announced on Tuesday that it will combine its corporate and commercial businesses into a “single global business as part of its process to simplify and strengthen its organization.” The new unit, to be called Commercial Insurance, brings together corporate and commercial insurance expertise worldwide under a single umbrella. It will be headed […]
By Canadian Underwriter | September 21, 2016
WASHINGTON – Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation’s roadways safely – without creating so many roadblocks that the technology can’t make it to market quickly. Traditional automakers and tech companies have been testing self-driving prototypes on public roads for several years, with a human in […]
By Jason Contant | September 20, 2016
4 min read
The Transportation Safety Board of Canada (TSB) is calling for the implementation of voice and video recorders on locomotives in Canada. The call follows the release of the TSB’s report on its safety study, Expanding the use of locomotive voice and video recorders in Canada. The study, which was launched by TSB in May 2015, […]
By Canadian Underwriter | September 20, 2016
MONTREAL – Quebec is often held up as a model for other provinces to follow when it comes to regulating the growing home-sharing market, but doubts are being raised over whether recent provincial changes are having any impact. In April, the provincial government amended its tourist accommodation law in an effort to help level the […]
By Jason Contant | September 19, 2016
The majority of businesses and economies are not ready for digital platforms, according to a new report released on Tuesday by global professional services company Accenture. Accenture’s report Five Ways to Win with Digital Platforms, published in collaboration with the G20 Young Entrepreneurs’ Alliance, assessed the ability of 16 G20 economies, including Canada, to support […]
By Canadian Underwriter | September 14, 2016
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