Tech

North America world’s most advanced smart home market: Berg Insight

North America is the world’s most advanced smart home market, with an installed base of 21.8 million smart homes at the end of 2016 – a 47% year-on-year growth, according to machine-to-machine (M2M) and Internet of Things (IoT) analyst firm Berg Insight. “The strong market growth is expected to last for years to come, driving […]

By Canadian Underwriter | July 14, 2017

2 min read

Tech

CRU Adjusters teams up with Kespry’s industrial drone platform for adjusting property claims

CRU Adjusters, an independent adjusting firm specializing in customized claims handling solutions in Canada and the United States, has announced a collaboration with Kespry’s industrial drone platform to power CRU’s drone division for adjusting property claims. The collaboration, after more than three years of research, will see CRU’s Glenn Smith, who has 27 years of […]

By Canadian Underwriter | July 13, 2017

2 min read

Tech

“Industry-specific disruptive technologies” to contribute to increase in worldwide IT spending: Gartner

Worldwide IT spending is projected to total US$3.5 trillion, a 2.4% increase from last year, driven in part by “industry-specific disruptive technologies,” Gartner Inc. reported on Thursday. “Digital business is having a profound effect on the way business is done and how it is supported,” John-David Lovelock, vice president and distinguished analyst at Stamford, Conn.-based […]

By Canadian Underwriter | July 13, 2017

2 min read

Tech

California firm Digital Map Products acquires DMTI Spatial

Irvine, Calif.-headquartered Digital Map Products, Inc. (DMP), a geospatial mapping technology and intelligence firm, announced on Wednesday that it has acquired DMTI Spatial from Neopost Canada. The “acquisition of Canada’s market leader in location-based information and data quality expands DMP’s North American footprint,” said a joint press release from both companies. Richmond Hill, Ont.-headquartered DMTI […]

By Canadian Underwriter | July 12, 2017

2 min read

Half of surveyed CEOs plan to adopt cognitive computing by 2019: IBM study

Half of surveyed chief executive officers across the globe plan to adopt cognitive computing by 2019, according to a recent study conducted by the IBM Institute for Business Value (IBM IBV). The study, titled Accelerating enterprise reinvention: how to build a cognitive organization and released late last week, also found that 73% of those CEOs […]

3 min read

One in four hide cybersecurity incidents from employers, global Kaspersky survey finds

Forty per cent of employees around the globe hide IT security incidents to avoid punishment, according to a new report from cybersecurity company Kaspersky Lab and market research company B2B International. The report, titled Human Factor in IT Security: How Employees are Making Businesses Vulnerable from Within and released on Monday, also found that dishonesty […]

3 min read

VirtualArmour expands penetration into energy sector cyber protection

VirtualArmour International Inc. has partnered with a global architectural design and engineering firm that services the energy industry to design new security infrastructure in light of the sector increasingly becoming a target for cyber attacks. Under the terms of a new contact between the two companies, VirtualArmour will “design, build and implement new security infrastructure […]

2 min read

Insurance industry ‘struggling to be more agile:’ analytics summit speaker

Insurance providers need to use technology to improve their customers’ experience, but sometimes regulation gets in the way, speakers suggested at a recent conference. The insurance industry is “struggling to speed up the process of being more agile,” said Paul MacDonald, RSA Canada’s senior vice president of claims and chief claims officer. “Customers can go […]

4 min read

Some CEOs, enterprises missing the boat on mobile technology: SOTI study

Efforts to manage mobile transformation continues to be a struggle for some interviewed enterprises, with almost a third reporting they are not investing in mobile technology, notes a new study released Thursday by SOTI Inc. Commissioned by SOTI and conducted by Arlington Research, the study is based on interviews conducted using an online methodology amongst […]

4 min read

Manufacturing Protection

Cyber risks should be on the radar of every type of business. Manufacturing has lagged other sectors in buying insurance, revealing vulnerabilities that have not, until recently, been fully appreciated, but could lead to enormous costs. Considering all vulnerabilities is essential to building towers of coverage that provide meaningful protection.

July 6, 2017

6 min read