- Where Insurance & Technology Meet

Empowered For The Future: Insurance Reinvented

Survey data revels an urgent need for insurers to reinvent their business and operating models Toronto, ON (June 14, 2016) – Insurers have been trying to ‘transform’ their organizations for decades. Despite significant investments of time and money over the years, however, few have much to show for their efforts. Now, the pressure for radical… Read more »

The Road To Flood Resilience In Canada

Zurich (June 17, 2016) – Flood poses a risk to individuals, business and the public sector. Severe events in Canada can cause losses exceeding CAD 13 billion, with less than half of these covered by insurance. This leaves many families without the necessary funds to rebuild their lives if disaster strikes. In addition it delays… Read more »

Growing Demand For Customised Reinsurance And Insurance Solutions

Highlights There is increasing demand for customised and more strategically-motivated re/insurance solutions Structured solutions increase efficiency of risk protection programmes compared to standard products Reinsurance can also be used as a corporate finance tool and to support a cedent’s long-term growth ambitions Key factors for success include a clear objective, experience, capacity, use of best… Read more »

Flooding Was The Most Damaging Peril Of 2016: Aon Catastrophe Report

Floods caused nearly one-third of total $210bn global economic losses during the warmest year on record; temperature a notable contributor to elevated weather-related losses Chicago, IL (Jan. 20, 2017) – Impact Forecasting, Aon Benfield’s catastrophe model development team, has launched its 2016 Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural… Read more »

Accenture Identifies Imperatives for Business, Government In Times of Economic Uncertainty

DAVOS, Switzerland; Jan. 28, 2009 – Companies seeking to improve business performance in the midst of the current global economic crisis should focus on three strategic objectives in 2009, according to Accenture (NYSE: ACN): create new geographic options that enable them to go to multiple markets to find what they need, be it new customers,… Read more »

Insurance Bureau of Canada releases new research report

JUNE 4, 2012 (TORONTO) � What will Canada’s weather look like 40 years from now? According to projections made by Professor Gordon McBean, a world renowned climate scientist from the University of Western Ontario, warmer temperatures in the summer months will, in some regions, result in an increase in wild fires, drought, water scarcity, lightning… Read more »

QWeMA Group updates retirement income planning system

Gaming consoles have long been key to connected-TV viewing, as the most common devices used to channel over-the-top services to regular television sets. Though native internet-connected TVs are becoming more common, gaming consoles are still the way to connect for most online video viewers who watch on their TVs. Research from Interpret found that this… Read more »

IFC launches Intact Lab, Intact’s centre for digital excellence

Toronto, ON (Mar. 25, 2015) – Intact Financial Corporation has announced the launch of Intact Lab, its centre for digital excellence. Intact Lab will focus on developing world-class digital solutions to provide Intact customers with an unrivaled service experience, and brokers with industry-leading business solutions. The lab will be based in Montreal, bringing together R&D… Read more »

Tackling the issue of distracted driving

Government, Traffic Safety Researchers, Industry Gather in Toronto at the International Conference on Distracted Driving October 2, 2005, Toronto – More than 100 researchers, industry experts, government officials and delegates from around the world are gathering in Toronto this week to examine the issue of driver distraction. Co-hosted by the Canadian Automobile Association (CAA) and… Read more »

Rising claims costs drive auto insurance rate increase application: Insurance Corporation of British Columbia

VANCOUVER, Feb. 2 — As a result of significantly increased costs for injury claims, ICBC has applied for a 6.5-per-cent increase in 2006 basic insurance rates with the BC Utilities Commission. If BCUC approves the rate increase that ICBC is proposing, basic insurance premiums would increase by $38 for the average customer. The filing updates… Read more »