Tech
HelloSafe has partnered with GuardTree, which calls itself Canada’s first monthly subscription-based used car warranty product
By Jason Contant | March 20, 2024
2 min read
Almost every sector of insurance could be affected by quantum computing, including actuarial, risk management and fraud detection.
By Phil | March 18, 2024
3 min read
While it remains an open question how quantum computing will be regulated, there’s no doubt guidelines are needed.
By Phil | March 14, 2024
Software companies will soon leverage quantum computing, which could have impact the insurance industry in areas like risk modelling
By Phil | March 12, 2024
Operations
Before capitalizing on this new sales opportunity, insurers must where and how to distribute embedded insurance transactions.
By Alyssa DiSabatino | March 6, 2024
4 min read
Ontario’s auto insurers shouldn’t expect changes to the ‘take all comers’ or Unfair or Deceptive Practices Act rules, Michelle Dodokin, head of auto insurance supervision at Ontario’s Financial Services Regulatory Authority (FSRA), told a breakout session at Monday’s 2024 FSRA Exchange. “These are rules that will remain in place, and we’ll continue to supervise against […]
By Phil | March 5, 2024
Finding ways to harness your brokerage’s data can improve customers’ expectations and overall satisfaction rates, two brokerage heads shared at the Insurance Canada Technology Forum in Toronto. For example, brokerages tracking and taking action on their internal metrics will find their customers more satisfied with their service, speakers at ICTF2024 said. Zac Sutherland, president […]
By Alyssa DiSabatino | March 4, 2024
Product complexity remains a huge obstacle to selling cyber insurance to neophyte business clients, brokers told Canadian Underwriter in a January online survey. A stronger emphasis on cyber education — to clients, brokers, and underwriters alike — is critical to boost cyber insurance sales, they said. “It’s tough to explain. And it’s tough to interpret […]
By Phil | March 1, 2024
Robotic process automation (RPA) used to automate brokers’ repetitive tasks has become much more mainstream over the past year or two.
By Jason Contant | February 27, 2024
As Canada eases out of the COVID-19 pandemic, the country’s restaurateurs, hoteliers, and event venue operators face a multitude of risks
By Phil | February 26, 2024
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