INSURANCE INDUSTRY NEWS
Claims Systems Transformation Requires Rethink of Metrics, Processes, Emerging Tech
Research and strategic advisory firm Novarica provides insurers with important areas of attention to ensure a successful claims transformation in a new CIO checklist report.
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Organizations Still Unprepared for Cyberattacks
Two thirds of organizations are not prepared to recover from a cyberattack, and only one third of IT security professionals say their organization has a high level of cyber resilience, according to a study by Resilient, an IBM company, and the Ponemon Institute
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Capgemini Accelerates Global FinTech Initiative
Capgemini has announced that it is launching its global FinTech initiative to fast-track FinTech engagements with its global financial services clients in order to meet market demand for innovation.
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iA Financial Group Acquires Groupe PPP
Industrial Alliance Insurance and Financial Services Inc. has announced that it has signed an agreement to acquire Groupe PPP Ltée. The transaction was concluded on November 18, 2016; The purchase price was not disclosed.
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LOGiQ³ & msg global solutions In Joint Venture
Cookhouse Lab offers a space for collaboration and a methodology for professionals to use to create the technology consumers now demand. The Toronto lab welcomes Property/Casualty and life insurance and reinsurance experts, financial-services professionals, entrepreneurs and academics to collaborate on original ideas, combine concepts, build new prototypes, and fund new initiatives.
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GMC Software's New Guide to CX Excellence
A new interactive book called The Authoritative Guide to Achieving Customer Experience Excellence offers an educational look into how insurers can improve the customer experience through better customer communications.
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ERIS Launches ERIS DIRECT
ERIS DIRECT is a new online subscription service that provides real-time environmental risk information for properties throughout the US and Canada.
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Octo Telematics Launches Link Program
Octo has launched the Link Program, a new digital services platform which provides cross-industry services for simple and secure sharing of driver telematics data, enabling direct communication between insurers and clients.
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Aviva Canada Hosts First-Ever Broker Hackathon
Trailblazing in the insurance space for their ‘digital first’ strategy, Aviva Canada held their first-ever 24-hour Broker Hackathon last week with their President's Club and Digital Brokers.
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Intact Financial opens third Service Centre
Intact Insurance and belairdirect customers in Toronto can now experience a simpler, faster and more convenient auto claims process with the launch of Canada's third Intact Service Centre alongside existing service centres in Calgary and Ottawa.
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Applied Systems Releases Applied TAM 2016
Applied Systems has announced the general global release of Applied TAM 2016, which delivers new capabilities to increase insurer connectivity and further automate business operations.
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Cunningham Lindsey Picks Symbility Video Connect
Symbility is pleased to announce that it has signed a contract with Cunningham Lindsey to integrate its ground-breaking live video collaboration technology, Symbility Video Connect, into global operations.
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Priciest/Cheapest Areas for Car Insurance in GTA
Depending on where you live in the city, you could be paying hundreds of dollars more for auto insurance than your fellow Torontonians, according to the results of Kanetix.ca's second annual ranking of the most expensive areas in the city for car insurance.
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