Tech
Global connectedness means companies, including those in Canada, need a robust data recovery plan to protect data critical to their business operations. Still, many companies do not even have such plans in place.
February 1, 2017
6 min read
Mainframes have proved essential over the decades for insurers needing to run core applications. But are these once-reliable units becoming a hindrance to innovation? Is modernization of mainframes essential for the global insurance industry?
5 min read
Legal / Regulation
The Canadian collision industry will be “ripped apart beyond belief” in a decade by several disruptors, including connected autonomous vehicles and ridesharing, a speaker suggested Friday at the Canadian Collision Industry Forum (CCIF) meeting in Vaughan, Ont. Andrew King, managing partner at Desrosiers Automotive Consultants Inc., discussed “soft” and “hard” disruptors during a session titled […]
By Jason Contant | January 27, 2017
2 min read
The Transportation Safety Board of Canada reiterated Wednesday its recommendation for “additional physical defenses” on railways in case crews fail to obey signals. On Sept. 6, 2015, a Canadian Pacific freight train enroute from Revelstoke, B.C. to Saskatchewan hit a westbound freight train near Beavermouth, B.C. TSB reported that no one was injured. The westbound […]
By Canadian Underwriter | January 26, 2017
Beazley, a provider of data breach response insurance, said in a report on Thursday that ransomware attacks quadrupled in 2016 and they are projected to double again in 2017. Beazley released its Beazley Breach Insights – January 2017 findings based on its response to client data breaches in 2016. The specialized Beazley Breach Response (BBR) […]
Eight out of ten consumers in the United States have a home data network and more than one-third connect entertainment systems, gaming consoles and other smart devices to the Internet, increasing the risk of home cyberattacks, according to a new study. The survey, by Zogby Analytics for the Hartford Steam Boiler Inspection and Insurance Company […]
By Canadian Underwriter | January 25, 2017
Robo-technology is expected to be part of the mix for most polled U.S. financial firms looking to enhance their existing service models, suggest a new survey from Vestmark, Inc. Feedback was captured during a webinar last month attended by 150 asset managers, consultants, broker dealers, registered investment managers and other financial firms, and hosted by […]
PARIS – In a city hit by chronic pollution and traffic problems, Paris officials are experimenting with a self-driving shuttle linking two train stations in the French capital. Two electric-power EZ10 minibuses, which can carry up to six seated passengers, were put into service Monday and will be tested until early April between the Lyon […]
By Jason Contant | January 25, 2017
Aon Global Risk Consulting announced on Tuesday its Cyber Captive Program, which guides companies through a series of steps to help identify, assess and quantify their cyber exposures – “ultimately making more informed decisions around risk retention in a captive as well as providing broad form risk transfer capacity of potentially up to US$400 million.” […]
By Canadian Underwriter | January 24, 2017
MONTREAL – Automakers are expressing concern that it will be difficult to comply with a new law in Quebec that requires them to sell a minimum number of electric, plug-in hybrid and hydrogen fuel-cell vehicles. Starting with the 2018 model year, 3.5 per cent of all auto sales in the province will have to be […]
By Jason Contant | January 24, 2017
3 min read
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