Tech
REGINA – Saskatchewan says it has reached a deal with Ottawa that will allow the province to keep using coal-fired power plants in what it calls “a responsible manner” beyond 2030. The agreement will allow the province to meet federal emission requirements over time on an electricity system-wide basis, as opposed to regulation of every […]
By Jason Contant | November 28, 2016
2 min read
Aviva Canada has announced a 15% auto insurance discount for drivers of vehicles that have automatic emergency braking (AEB). The insurer said in a press release on Monday that the “industry first” discount will be available to all Aviva‐insured drivers and will be applied to their policy automatically upon purchase or renewal. The discount will […]
By Canadian Underwriter | November 28, 2016
Ontario’s Ministry of Transportation (MTO) announced on Monday that it is launching “the first automated vehicle (AV) pilot program in Canada,” led by the University of Waterloo, the Erwin Hymer Group and BlackBerry QNX. The pilot brings together a range of expertise from the research, manufacturing and technology sectors to “advance innovation and capability in […]
HR
Cybercriminals are sometimes using distributed denial of service (DDoS) attacks as a “smokescreen” to distract businesses while hackers launch other attacks, cybersecurity company Kaspersky Lab said in a recently released survey. According to the 2016 Kaspersky Lab Corporate IT Security Risks study, more than half (56%) of businesses questioned are confident that DDoS attacks have […]
By Canadian Underwriter | November 25, 2016
TORONTO – Federal transportation investigators say they are unable to identify an airborne object that caused a Toronto-bound plane to take evasive manoeuvres that left two flight attendants with minor injuries. A Porter Airlines flight en route from Ottawa to Toronto on Nov. 14 narrowly avoided a mid-flight collision above Lake Ontario with what flight […]
By Jason Contant | November 25, 2016
A new “mobility services market” tied to products and services related to autonomy, mobility and connectivity will be worth well over US$1 trillion globally by 2030, according to a new report from KPMG. Deep learning – an advanced form of artificial intelligence and dynamic way of computerized decision-making – will drive significant change for autonomous […]
Aviva Canada’s recent Broker Hackathon has chosen its People’s Choice and Winner from a total of 61 submissions: Commercial Catalyst, a “simple, quick and easy way for brokers and customers to quote and bind small commercial business” and a responsive web-based platform that allows brokers integration with Aviva’s rates. Aviva Canada’s first-ever Broker Hackathon, held […]
3 min read
The global insurtech market is forecast to grow at a compound annual growth rate of more than 10% between 2016 and 2020, according to a new report from global technology research and advisory company Technavio. The market research report, titled Global Insurtech Market 2016-2020, covers the present scenario and growth prospects of the global insurtech […]
By Canadian Underwriter | November 24, 2016
Canada needs a law requiring on-board cab voice and video recordings in locomotives, the Transportation Safety Board of Canada suggested Tuesday. “On-board voice and video recorders on locomotives would help advance railway safety,” TSB stated in a tweet, reiterating an issue released on its “watch list.” That watch list, released Oct. 31, is one of […]
By Canadian Underwriter | November 23, 2016
The global usage-based insurance (UBI) market is expected to garner US$123 billion by 2022, growing at a compound annual growth rate of 36.4% from 2016 to 2022, according to a new report from Allied Market Research (AMR). According to the report, the short title of which is Usage-Based Insurance Market by Service Type, North America […]
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