Globe & Mail Insurance Trends Report: April 2018
Toronto, ON (Apr. 25, 2018) – The Business section in today’s Globe & Mail features an Insurance Trends special report. The lead article, by Debbie Coull-Cicchini, executive vice-president at Intact Insurance, looks at the four main challenges in the Canadian industry:
- Demographics are changing the face of Canada, and by 2025, millennials will make up 75 per cent of the labour force.
- Technology is changing how Canadians live and do business.
- Climate change and increasingly frequent extreme weather events are among the most significant challenges facing communities today.
- Competition and consolidation create market opportunities for innovative insurance providers.
Read the full article:
Another article looks at coverage innovation with comments from the Executive Team at ShiftRide and from Doug Grant, Partner at Insurance-Canada.ca:
• “Enabling Canadians to be covered ‘anytime, anywhere’” (online at globeandmail.com).
And finally, Doug tackles the ramifications of the InsurTech revolution for both insurance organizations and consumers:
• “Exploring the impact and implications of InsurTech” (online at globeandmail.com).
These articles capture some of the sense of dramatic change in society with respect to insurance, something we hope will be of interest to business readers and insurance professionals.
About the Globe and Mail
The Globe and Mail, founded in 1844, is Canada’s foremost news media company and a part of Canada’s fabric. We cover events that have changed our nation as well as the day-to-day happenings that continue to shape us as a country.
Each day, The Globe leads the national discussion by engaging Canadians through its award-winning coverage of news, politics, business, investing and lifestyle topics, across multiple platforms. The Globe and Mail print and digital formats reach over 6 million readers every week, with Report on Business magazine reaching over 1.5 million readers every issue in print and digital. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
SOURCE: The Globe and MailTags: Globe and Mail, report, trends