Tech
“Many EVs come with advanced safety systems that make them less likely to be involved in a collision, which can drive rates down."
By Jason Contant | October 18, 2022
3 min read
99% of agencies have a management system and a large majority (62%) underutilize their system's ability to produce useful insights and data
By Alyssa DiSabatino | October 18, 2022
2 min read
Legal / Regulation
Regulators and governments can work with the insurance industry to develop the cyber product through data sharing and consumer education, said Celyeste Power, IBC’s executive vice president of strategic initiatives and advocacy during a Canadian Underwriter webinar. “We think governments and regulators do play an important role in this,” said Power. “There’s a big role on data […]
By Alyssa DiSabatino | October 14, 2022
The Manitoba government needs to better protect its information systems from internal misuse and outside attacks, the auditor general says.
By Jason Contant | October 14, 2022
Operations
More than half of your clients want to receive their insurance documents in paper format, according to IBAO.
By Jason Contant | October 5, 2022
HR
Organizations that are able to digitally transform faster end up becoming more innovative in the long-term.
By Jason Contant | September 16, 2022
OTTAWA – A new academic analysis has identified at least 75 foreign digital operations of a malicious political or industrial nature directed at Canada since 2010 – from attempts to steal COVID-19-related research to the targeting of Uyghur human rights activists. The report by researchers at the University of Quebec at Montreal’s Observatoire des conflits […]
Insurtech investments fell by 79.6% in 2021, leading to job losses and tough economic conditions for the sector in the first half of 2022 thanks to a “combination of factors,” said GlobalData’s Deals Database. This follows after Gallagher Re found earlier this month that insurtech investment dropped by half in Q2 from the year prior, […]
By Alyssa DiSabatino | August 22, 2022
Cyber insurers need to tread lightly when using cyber security rating scores — also known as outside-in security-risk assessments — because the data can be skewed and may mislead consumers into believing they’re more protected than they really are, said one cyber insurer. Cyber security ratings provide an “outside-in” view of a company’s overall […]
By Alyssa DiSabatino | July 21, 2022
Canadians who relocated during the pandemic are driving longer distances upon the return to work, a new Aviva Canada report shows.
By David Gambrill | June 30, 2022
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