Tech

Big data and analytics, cloud computing, mobility solutions and tech start-up firms driving U.S. insurance IT spending market

Big data and analytics, cloud computing, mobility solutions and tech start-up firms are among the emerging trends driving the insurance IT spending market in the United States, according to global technology research and advisory company Technavio. Technavio’s report on the insurance IT spending market in the U.S. by technology (IT services, hardware and software) and […]

By Canadian Underwriter | May 19, 2016

3 min read

Alberta introduces new regulations for ride for hire firms like Uber

EDMONTON – The Alberta government has introduced new rules to regulate ride-hailing companies such as Uber. Transportation Minister Brian Mason says that under Bill 16, anyone who wants to drive for such a company will have to have a professional Class 4 licence. They will also have to undergo a police information check and be […]

By Jason Contant | May 18, 2016

2 min read

Driverless cars could have significant credit impact across range of sectors, Moody’s report says

Driverless cars could have significant credit implications across a wide range of sectors and companies as the technology becomes more advanced and widespread in the coming years, Moody’s Investors Service said in a report released on Tuesday. Although the extensive use of self-driving vehicles is still some way off, the technology has the potential to […]

By Canadian Underwriter | May 17, 2016

3 min read

CCIR publishes issues paper on electronic proof of auto insurance

The Canadian Council of Insurance Regulators (CCIR) announced on Monday that it has published an issues paper for public consultation on electronic proof of automobile insurance (EPAI). As electronic documentation becomes more prevalent in society – be it through smart phone apps, emails, or other forms of electronic documents – many consumers and insurers would […]

By Canadian Underwriter | May 17, 2016

3 min read