Tech

Accenture appoints lead for advancing cloud technology in Canada

To help Canadian organizations accelerate their digital transformations and rapidly become ‘cloud-first’ organizations, Accenture has appointed Jennifer Jackson as Cloud First Lead for Canada. “Jennifer plays a vital role as head of our technology practice in Canada,” Jeffrey Russell, president of Accenture in Canada, said of Jackson’s appointment. “With a track record in leading transformational […]

By David Gambrill | February 5, 2021

2 min read

Telematics surcharges arrive for Ontario auto

Ontario motorists who choose usage-based insurance could now be hit with surcharges if telematics data shows they have risky driving behaviour. The Financial Services Regulatory Authority (FSRA) removed its UBI Guidance this past November, a FRSA spokesperson told Canadian Underwriter Thursday. “Good drivers will be rewarded with lower rates. Drivers with high-risk driving habits may […]

By Greg Meckbach | February 5, 2021

3 min read

How IBAO is leading brokers to go paperless

The cost and hassle of printing and mailing large insurance policies is one of the drivers towards digitization, suggests the board member of a broker association. Consumers do not want to sift through 75 pages of insurance documents, said Greg Kruk, first vice president of the Insurance Brokers Association of Ontario. “They want the ‘Coles […]

By Greg Meckbach | January 27, 2021

2 min read

Open banking in Canada could help insurers with credit scoring

Open banking could give insurers better data for credit scoring, suggests an official with the organization that handles clearing and settlement for banks in Canada. “I think we will see more accurate underwriting and more accurate credit scoring,” Andrew McFarlane, Payments Canada’s executive director of modernization, said in a recent interview. This is because an […]

By Greg Meckbach | January 20, 2021

3 min read