Tech

What you need first, before chatbots and blockchain

Canadian property and casualty insurers must address their IT data collection systems in order to profit from more IT glamorous solutions such as chatbots, blockchain, artificial intelligence and the Internet of Things (IoT), says Sven Roehl, who facilitates The Cookhouse Lab in Toronto. The Cookhouse Lab is an insurtech open innovation lab, a forum in […]

By David Gambrill | January 15, 2018

3 min read

How can you tell if your client is driving while stoned?

As Canada moves closer to legalized pot, a sure-fire way of testing drivers for cannabis impairment remains elusive. Bill C-45, currently before the Senate, would make possession of up to 30 grams of recreational marijuana legal. Bill C-46, a companion bill, would give police the power to demand an oral fluid sample from drivers at […]

By Greg Meckbach | January 15, 2018

3 min read

Uber says no to MPI’s unique approach for insuring ridesharing

Manitoba Public Insurance (MPI)’s novel “time band” approach for insuring ridesharing companies backfired when Uber took a pass on the model recently. “This product structure differs greatly from insurance models in place across North America (including Ontario, Alberta and Quebec) and deviates in several important ways from the type of insurance that Uber has found […]

By David Gambrill | January 12, 2018

2 min read

Ontario auto insurance rates increased in last quarter of 2017

TORONTO – Auto insurance rates in Ontario increased in the last quarter of 2017, putting the Liberal government further away from its promise to cut rates by 15 per cent. Fourth quarter numbers released today by the Financial Services Commission of Ontario show an average increase of about one per cent. Ontario’s finance ministry says […]

By Jason Contant | January 12, 2018

2 min read