Tech

Adjusters wonder how to verify ridesharing driver hours

Verifying the number of hours a driver uses ridesharing services such as Uber and Lyft could be problematic for underwriters and adjusters, one adjuster told Canadian Underwriter on Wednesday. “In the course of their investigation, an adjuster can ask, ‘How many hours a week have you used your vehicle for ridesharing?’” said Marie Gallagher, branch […]

By Jason Contant | November 24, 2017

2 min read

Why future recruits will flock to the automated insurance workplace

While it remains to be seen whether or not the industry’s anticipated move to automate “paper pushing” roles over the next decade will spawn major job losses, the industry may have an easier time attracting youth to the more advanced roles that emerge. “Certainly, there has been much anticipation that technology will start to eliminate […]

By Jason Contant | November 24, 2017

2 min read

A broker’s guide to cyber insurance

Given the “fairly fluid coverage situation” in the cyber insurance market, it’s imperative for brokers to educate themselves about the array of available cyber products to establish the right limits of cover for their clients. “I think brokers struggle with the concept of who needs it, who will even think about buying it, and their […]

By Jason Contant | November 23, 2017

2 min read

Are Lyft drivers insured like Uber drivers?

Given Lyft’s promised arrival in Canada by the end of the year, insurance coverage for the ride-sharing service remains a big question mark. “I am concerned because I have not yet heard that Lyft has contracted with anyone to provide similar arrangements” as Uber has done, Eric Grossman, a lawyer with Toronto-based Zarek Taylor Grossman […]

By Jason Contant | November 21, 2017

3 min read