Operations

Why the insurance industry should consider partnering with Google and Amazon

Don’t scoff at the prospect of Silicon Valley tech giants getting into the insurance business – and the insurance industry should consider partnerships with them, one expert said at a recent conference. Denise Garth, Majesco’s senior vice president of strategic marketing, told attendees of the Insurance-Canada.ca Executive Forum in Toronto recently that Google and Amazon […]

By Adam Malik | September 5, 2019

3 min read

Aviva Canada takes the plunge into cross-border business

With the introduction of its new Global Corporate and Specialty (GCS) team, Aviva Canada is setting its sights on Canadian companies doing cross-border business in the United States. The GCS team will offer coverage in five key areas: corporate risk, programs, specialty risk, surety, and equipment breakdown. Canadians companies are under-served by the bigger traditional […]

By Adam Malik | September 4, 2019

2 min read

Want to do it all online? How this MGA’s portal pulls it off

An Ottawa-based managing general agent may be expanding its use of portal technology that lets brokers enter data from applications and bind commercial policies electronically. Encon Group Inc. pretty much did away with paper files, Encon president David Cook said in an interview. Today, most, if not all, insurance documents are available to brokers in […]

By Greg Meckbach | August 29, 2019

3 min read

Where do the most innovative ideas come from? Not your CEO

The next time you’re brainstorming the next big idea, don’t extend a meeting invite to your executives. Instead, make sure as many of your frontline staff members as possible are there. The thing about great ideas, said Aly Dhalla, co-founder and CEO of Finaeo, a Canadian insurtech company, is that they can come from anywhere. […]

By Adam Malik | August 29, 2019

3 min read