Tech

Commercial Exchange

Commercial brokers and carriers are close to launching real-time data exchange.

January 5, 2018

1 min read

2 key concerns for brokers in 2018

Merger activity and technology are two major issues facing brokers looking forward into 2018, says the new Insurance Brokers Association of Ontario (IBAO) president Brian Purcell. Purcell talked to Canadian Underwriter shortly after beginning his new role as IBAO president at the start of this year. He elaborated on the two issues below: M&A […]

By Jason Contant | January 4, 2018

2 min read

Tech Takes Industry by Storm

Digital technologies and natural catastrophes are top of mind for senior Canadian insurance executives in our 2017 Annual CEO Outlook

January 3, 2018

1 min read

2018 Outlook: Silvy Wright, President, CEO Northbridge Financial Corporation

With digital innovation, customers are extracting more value from their insurance partners — and this will only continue to ramp up in 2018. Insurtech startups raised $985 million in 2017 Q2 alone; investments in startups have increased by 36% over the prior year. Insurtechs may be viewed as industry disruptors, but they are necessary allies […]

By Canadian Underwriter | January 3, 2018

2 min read

Management buyout features Canadian broker tech guru

Pat Durepos, a well-known Canadian broker in the insurance tech space, is a key figure in a management buyout at Hubio Exchange, the Canadian division of Hubio Exchange has announced. Hubio Exchange has provided industry tech solutions to Canadian insurers for more than 15 years. It is currently working on developing accelerator solutions to facilitate […]

By Canadian Underwriter | January 2, 2018

2 min read

2018 Outlook: Lynn Oldfield, President, CEO, AIG Canada

As chair of the board of the Insurance Institute of Canada (IIC), I see graduating insurance professionals who are educated, committed, and inspiring. Their sacrifice and determination in completing their Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations inspires us and we can have confidence that the future of our industry is […]

By Canadian Underwriter | January 2, 2018

2 min read

Autonomous trucks moving quickly to commercial reality despite job threat

MONTREAL – Once thought of as a distant fantasy, autonomous trucks are moving towards commercial reality on Canadian highways as companies look to boost productivity amid a driver shortage and governments seek to reduce deadly crashes. They are not yet driving themselves out of warehouses and down the highways, but companies of all sizes – […]

By Jason Contant | January 2, 2018

4 min read

Tool can help insurers ensure document authenticity

An Ontario-based property inspection and analysis company will soon publicly launch a product that could help carriers verify the authenticity of an insured’s photos, files and forms. The Image and Document Upload System (IADUS) uses specific features to help insurance industry professionals (including claims adjusters, brokers and insurers) detect fraud. IADUS, which does not require […]

By Jason Contant | December 21, 2017

2 min read

Securities regulators issue warning on risks with cryptocurrency products

MONTREAL – The Canadian Securities Administrators has issued a warning about risks associated with products linked to cryptocurrencies as interest in the space continues to rise. The umbrella organization for Canada’s provincial and territorial securities regulators singled out futures contracts in its warning, noting that while they may be traded on regulated exchanges, their high […]

By Jason Contant | December 19, 2017

1 min read

Using social media to make monthly insurance payments

Imagine clients paying you their monthly car insurance payments through social media such as Facebook’s Instant Messenger, Google+ or Apple messaging service. It may not be as far away as you think. The most recent annual study by Payments Canada, delegated by the Canadian government to provide the country’s national payments systems, observes that “social […]

By Canadian Underwriter | December 15, 2017

2 min read

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