Tech
The Centre for Study of Insurance Operations (CSIO) has announced what it is calling “an industry solution for the digital delivery of proof of auto insurance cards, or eSlips.” CSIO announced the solution at Gore Mutual Insurance Company’s Fast Forward broker event, held on Tuesday in Toronto. According to a press release from CSIO, eSlips: […]
By Canadian Underwriter | June 7, 2017
2 min read
CALGARY – A new study says there are more drones in the air than piloted aircraft and the numbers of close calls between the two continue to rise. The University of Calgary study, published online in the Journal of Unmanned Vehicle Systems, examined drone incident data from Transport Canada’s civil aviation daily occurrence reporting system […]
By Jason Contant | June 6, 2017
HR
Nearly three-quarters (73%) of businesses in the United States believe that their organizations are highly protected from attempts by outsiders to gain access to their systems and data, but “low cyber IQ” among employees poses a threat, according to a new survey by global advisory, broking and solutions company Willis Towers Watson (WTW). The findings, […]
By Canadian Underwriter | June 6, 2017
3 min read
State Farm Canada announced on Monday that it has released a new app that includes telematics and water detection programs, as well as easy account access. The free State Farm Canada App, available on Apple’s App Store and Google Play, allows users to manage their home and auto insurance. It includes Telematics, a mobile telematics […]
By Canadian Underwriter | June 5, 2017
Good drivers in Alberta will now have access to an Intact Insurance driving discount program that allows them to save as much as 25% on their auto insurance premiums. The my Driving Discount program uses driving data collected by a mobile app to determine a personalized discount for customers based on their driving habits, notes […]
OTTAWA – Canada and the United States need a new cyber defence program – like their joint Norad air defence – to prevent hackers from hobbling their economies, says the former head of the U.S. National Security Agency. Retired general Keith Alexander told The Canadian Press that the two countries need a joint system to […]
By Jason Contant | June 2, 2017
Technology company Intel Corporation is predicting that autonomous driving will cause a new “passenger economy” to emerge to support the idle time when drivers become riders, an economy that will be more than twice the size of the “sharing economy.” The findings were contained in a new study titled Accelerating the Future: The Economic Impact […]
By Canadian Underwriter | June 2, 2017
Legal / Regulation
Slice Labs Inc., a technology company offering what it calls “the first on-demand insurance platform in the United States,” announced on Wednesday the launch of their homeshare insurance product in 13 states. Homeshare hosts in 13 states – California, Colorado, Florida, Georgia, Illinois, Iowa, Maryland, Massachusetts, New Jersey, New York, Ohio, Texas and Washington – […]
By Canadian Underwriter | June 1, 2017
Aviva Canada announced on Wednesday that it has received its first presentation of ideas from its BrokerTech LaunchPad pilot program, “a program that gives insurance brokers the opportunity to present their ideas for technologies to disrupt, transform and lead the insurance industry.” Tom Reid, Aviva Canada‘s executive director, digital brokers, told Canadian Underwriter that “while […]
More than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes. In all, 36% of polled Canadian security executives say their firms have no cyber security […]
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