Tech
Recently surveyed IT security professionals in the U.S. say securing systems that are disconnected from their corporate networks is a challenge, a situation that could worsen over time, reports Los Angeles-based Lieberman Software Corporation. Polled at Black Hat USA 2017, an annual security event held in July in Las Vegas, Lieberman Software surveyed attendees and […]
By Canadian Underwriter | August 21, 2017
2 min read
HR
Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps (a software development and delivery process), and then applies disruptive technologies such as artificial intelligence, […]
By Canadian Underwriter | August 18, 2017
BMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading, state-of-the-art autonomous driving platform for global deployment.” The platform will be scalable for Level 3 […]
3 min read
Artificial intelligence (AI) everywhere, “transparently immersive experiences” and digital platforms are the three distinct megatrends that will enable businesses to survive and thrive in the digital economy over the next five to 10 years, Gartner, Inc. has reported. The Stamford, Conn.-based research and advisory company released its Hype Cycle for Emerging Technologies, 2017 report on […]
By Canadian Underwriter | August 15, 2017
Protectionist trade sentiments south of the border top the list of challenges facing the Canadian economy, a concern identified by almost a quarter of the 516 business leaders taking part in a new survey released Tuesday by Chartered Professional Accountants of Canada. Protectionist trade sentiments in the U.S. was identified as the number one challenge […]
The Allstate Insurance Company of Canada announced on Monday that it is expanding its usage-based insurance (UBI) program Drivewise in Nova Scotia “after experiencing great success in the provinces of Alberta and Ontario.” Drivewise rewards those who exhibit safe driving behaviours with lower auto insurance premiums, Allstate Canada said in a press release, adding that […]
The Centre for Study of Insurance Operations (CSIO) announced on Monday a video explaining digital proof of auto insurance (eSlips) to consumers and said it expects the solution by year-end. In June, the association announced what it called “an industry solution for the digital delivery of proof of auto insurance cards, or eSlips.” The product, […]
By Canadian Underwriter | August 14, 2017
VANCOUVER – A popular ride-hailing company wants to get the lay of the land as it gears up to hit the streets of Metro Vancouver by the end of the year. Uber Canada is launching an urban mapping program this week. Twenty-five vehicles will travel around the region gathering images and data about things like […]
By Jason Contant | August 10, 2017
1 min read
The volume of completed mergers and acquisitions (M&A) worldwide in the insurance industry continued its downward trend, with 170 deals in the first six months of 2017 compared to 186 in the preceding period, according to a new report from international law firm Clyde & Co. Activity is now down 24% from its recent high […]
By Canadian Underwriter | August 4, 2017
4 min read
The premium renewal rate change for most standard commercial lines products in the United States remained in positive territory for July, with workers’ compensation representing the only standout, notes the latest IVANS Index. The majority of standard commercial lines products – namely Auto, Business Owner’s Policy (BOP), General Liability, Property and Umbrella – saw positive […]
By Canadian Underwriter | August 3, 2017
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