Tech
A reliance on mobile devices and apathy towards device security have been highlighted as key cybersecurity impact areas in Kaspersky Lab’s latest Kaspersky Cybersecurity Index. The index, an aggregate of indicators reflecting changes in online behavior, found that in the first half of 2017, consumers are increasingly going mobile, older Internet users face a growing […]
By Canadian Underwriter | October 19, 2017
2 min read
Legal / Regulation
The combination of known risks with a new technology is challenging, Christian Höft, client manager with Munich Re, told Canadian Underwriter one day after the (re)insurer released a comprehensive risk analysis of the Hyperloop technology. Hyperloop Transportation Technologies’ (HTT) technology is a new form of transport which sees passengers and goods being transported in capsules […]
By Jason Contant | October 18, 2017
3 min read
The Co-operators General Insurance Company announced on Wednesday a new product that provides insurance coverage and risk management solutions for Canadian businesses to help protect them from the “rapidly growing threat of privacy breach.” The coverage complements commercial insurance policies and is designed not only to cover costs associated with a privacy breach and the […]
By Canadian Underwriter | October 18, 2017
Aite Group has introduced a proprietary vendor evaluation framework that the global research and advisory firm reports will serve as an actionable guide for market participants looking for viable third-party vendor solutions and services. “I think the biggest problem for financial institutions is getting objective advice on which third-party vendors to choose,” Sang Lee, managing […]
By Angela Stelmakowich | October 18, 2017
4 min read
Hyperloop technology – a form of transport in which passengers and goods travel in capsules at high speeds – is both “feasible and insurable in the medium term,” according to a new report from Munich Re. The Hyperloop Transportation Technologies Risk Report, released on Tuesday, examined risk landscapes for Hyperloop Transportation Technologies (HTT), which has […]
By Canadian Underwriter | October 17, 2017
The government of British Columbia announced on Monday that it has hired an industry expert to consult with and help prepare the taxi industry for a “made-in-B.C.” solution to ridesharing. Transportation and Infrastructure Minister Claire Trevena said in a press release that the provincial government has hired industry expert Dan Hara of Ottawa-based Hara Associates. […]
QUEBEC – A collision between a commercial aircraft and a drone near Quebec City’s airport last week highlights the potential danger posed by unmanned aerial vehicles, authorities and aircraft experts said Sunday. Transport Minister Marc Garneau said he was “extremely preoccupied” to hear that a small Skyjet plane was struck by a drone as it […]
By Jason Contant | October 17, 2017
OTTAWA – Under the California sun, Marc Garneau pressed a button to let a car take him for a spin as part of a joy ride that was more business than pleasure. While much attention this week went to Prime Minister Justin Trudeau’s trip to Washington and Mexico to save North American free trade talks, […]
By Jason Contant | October 16, 2017
Mitchell International has announced the launch of an artificial intelligence-enabled claim review solution for the North American P&C industry. San Diego-based Mitchell International, a provider of technology, connectivity and information solutions to the P&C claims and collision repair industries, launched the Mitchell WorkCenter Assisted Review on Monday. By using visual computing to analyze photos, the […]
By Canadian Underwriter | October 16, 2017
MONTREAL – Ride-hailing service Uber is backing down on a threat to shutter its Quebec operations, at least for now. The multinational announced Friday it won’t pull the plug on its Quebec wing as planned this weekend because it hopes to reach a deal with the province’s new transport minister in the coming months. “We […]
By Jason Contant | October 13, 2017
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