OTTAWA – The federal privacy watchdog and three of his provincial counterparts will jointly investigate Canadian use of facial-recognition technology supplied by U.S. firm Clearview AI. Privacy commissioner Daniel Therrien says he will be joined in the probe by ombudsmen from British Columbia, Alberta and Quebec. The investigation follows media reports that raised concerns about […]
By Jason Contant | February 25, 2020
1 min read
TORONTO – A U.S. cybersecurity company says criminal groups are exploiting fears over the new coronavirus to attack the global shipping industry. California-based Proofpoint says it has detected a new email campaign that uses Microsoft Word attachments designed to trick recipients into installing a type of malware known as AZORult. Proofpoint says criminals have been […]
By Jason Contant | February 10, 2020
1 min read
Brokers looking to achieve better connectivity with their insurer partners should focus on two core areas of their business
February 6, 2020
3 min read
A startup based in Winnipeg is using near-miss data from intersections in an attempt to proactively, rather than reactively, help reduce traffic fatalities. “Up until now, traffic engineers have focused on using historical crash data that involve a fatality to program interventions,” Craig Milligan, road safety engineer and CEO of MicroTraffic, told Canadian Underwriter Friday. […]
By Jason Contant | February 6, 2020
3 min read
Ransomware and privacy breaches may be among the top cyber threats on your radar, but are you aware of all of the connected manufacturing and other industrial control systems that may be at risk, a commercial insurer warns. “These production environments are highly vulnerable, in that they simply weren’t built with security in mind,” Jeff […]
By Greg Meckbach | February 4, 2020
3 min read
Aon plc has announced the acquisition of Cytelligence, a Canadian-based cyber security firm with deep expertise in cyber incident response and digital forensic investigations. London, UK-based Aon said Tuesday the acquisition will help the brokerage expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. To help […]
By Jason Contant | February 4, 2020
2 min read
Your clients likely have cellphones and use them to text. What’s stopping brokers from communicating with clients using the technology they want?
February 4, 2020
5 min read
A short time ago, insurers feared insurtechs would disrupt the property and casualty industry.
February 4, 2020
2 min read
Canadian insurance professionals want to learn how to be innovative, and they are enlisting the help of a Canadian-based open innovation centre to explore the new frontier of design thinking. “Design thinking revolves around a deep interest in developing an understanding of the people for whom we’re designing the products or services,” as defined by […]
By Jason Contant | February 3, 2020
2 min read
James Burns, cyber product leader with CFC Underwriting, shares his insights on what the industry needs to do to sell more cyber insurance policies. cu | How do successful brokers sell cyber insurance? They make cyber products relevant to the client by identifying exposures. Some brokers have been less successful in trying to sell the […]
February 2, 2020
6 min read