Tech

Brokers taking the initiative to embrace digital transformation: Insurance Analytics Canada speaker

Many brokers are taking the bull by the horns and embracing digital transformation, with or without the help of insurers, a speaker suggested last week at the Insurance Analytics Canada Summit in downtown Toronto. Greg McCutcheon, president of Markham, Ont.-based Opta Information Intelligence, noted in his presentation that insurers are not able to embrace every […]

By Jason Contant | July 4, 2017

4 min read

Multi-factor authentication central to helping reduce data breaches: Ostertag

Taking a multi-layered approach to cyber security – including authentication – is likely the most important single thing to help combat access that then results in data breaches, David Ostertag, global investigation manager for Verizon’s investigative response unit, advised last week during a media briefing in downtown Toronto. Ostertag is often asked about the single […]

By Angela Stelmakowich | July 4, 2017

4 min read

Insurance Analytics Canada Summit speaker explains how brokerage caters to ‘need for speed demographic’

There are “all sorts of insights” that an insurance brokerage can get from customer data, but that data needs to be trustworthy, the head of an online commercial insurance brokerage told attendees at a recent conference. “If you don’t have data, go capture the data,” said Sam Natur, president and chief executive officer of Mississauga, […]

By Jason Contant | July 3, 2017

4 min read

Incremental disruption in insurance industry “like death by a thousand cuts”: Insurance Analytics Canada speaker

The insurance industry has been very incremental in dealing with disruption and needs a drastic shift from historical analysis to predictive, future risk models, a speaker suggested on Wednesday at the Insurance Analytics Canada Summit. “You cannot disrupt with incrementalism,” Pranav Pasricha, chief executive officer at Intellect SEEC said at conference, held at the Toronto […]

By Jason Contant | June 30, 2017

3 min read