Legal / Regulation
The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to all drivers and passengers who participate in ridesharing with Uber in the province. “Every ridesharing […]
By Canadian Underwriter | July 8, 2016
3 min read
Tech
The lion’s share of surveyed IT decision-makers at large multinational corporations may be aware that employees are being employed to gain access to information, but about half of respondents do not have a cyber security strategy to prevent such behaviour. That is just one of the findings in Taking the Offensive – Working together to […]
By Canadian Underwriter | July 5, 2016
5 min read
Cyber crime is a major disruption to business, with Deloitte Canada reporting only one in five respondents say they are prepared to effectively respond to a cyber attack.
July 3, 2016
Aviva Canada and Pembridge Insurance have become the latest insurance companies to offer personal coverage for ridesharing drivers in Alberta. On Tuesday, the government of Alberta announced a new insurance policy for transportation network companies (TNCs) licensed in the province. The new policy, called Alberta Standard Automobile Form – Transportation Network S.P.F. No. 9 (SPF […]
By Canadian Underwriter | July 2, 2016
4 min read
WASHINGTON – The U.S. announced Thursday the first fatality in a wreck involving a car in self-driving mode, the 40-year-old owner of a technology company who nicknamed his vehicle “Tessy” and had praised its sophisticated “Autopilot” system just one month earlier for preventing a collision on an interstate. The government said it is investigating the […]
By Steve Wilson | July 1, 2016
6 min read
HR
Executives want decision-making to be faster, especially in insurance, banking and healthcare, according to a report released earlier this week by PricewaterhouseCoopers (PwC). The 2016 Big Decision Survey, released on Monday, focused on how enterprises around the world, including Canada, are limiting risk and leveraging data to make the decisions that will give them a […]
By Canadian Underwriter | June 29, 2016
2 min read
Ontario’s Ministry of Advanced Education and Skills Development announced on Friday that the province is kicking off a global search for its first Chief Digital Officer (CDO) to lead Ontario’s “transformation to become the most open, transparent and digitally connected government in Canada.” The CDO – first announced in Ontario’s 2016 Budget – will head […]
By Canadian Underwriter | June 24, 2016
Big data is proving to be bad data for some surveyed enterprises, with almost nine in 10 reporting they believe they are flowing bad data into their data stores, note results of a global survey issued Wednesday by StreamSets. The finding – part of a global survey of 314 data management professionals at organizations and […]
By Canadian Underwriter | June 23, 2016
By 2020, a corporate “no-cloud” policy will be as rare as a “no-Internet” policy is today, according to a new report from information technology research and advisory company Gartner, Inc. Cloud-first, and even cloud-only, is replacing the defensive no-cloud stance that dominated many large providers in recent years, Stamford, Conn.-based Gartner said in a statement […]
By Canadian Underwriter | June 22, 2016
A recently-launched Toronto-based firm, Cytelligence Inc., says it offers to investigate cyber breaches, review clients’ business continuity plans and take into consideration the “pros and cons of cyber insurance” for its clients. Cytelligence announced Wednesday it was launched by Daniel Tobok (pictured below left), former managing director of forensics and security consulting at telecommunications carrier […]
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