Insurance-Canada.ca - Where Insurance & Technology Meet

Patrick has more than 25 years of experience enabling technology and electronic commerce in the insurance and risk management communities. Patrick is a Founding Partner of Insurance-Canada.ca, Inc., the premier source for Canadian information on insurance & technology. Patrick currently serves as Insurance-Canada.ca's Director of Products and Services, and sits on the company's Advisory Board. He edits the Intersection, Insurance-Canada.ca's blog, produces and hosts on-line and in-person events, and develops bespoke offerings for Insurance-Canada.ca's clients. Throughout his career, Patrick has held senior management positions with insurance companies, distributors, consulting firms, and technology solution providers. He serves on boards and committees of various industry associations. Patrick authors articles for leading trade publications and has spoken at insurance and technology conferences in Canada, the US, UK, Europe, and Bermuda. Bobbi and Patrick Vice enjoy living and working in the heart of downtown Toronto, Canada.


InsurTech and Insurance, a Match Made in Where?

The relationship of insurance and technology has had its low moments in the past. However, the entree of ‘InsurTech’ is demonstrating that Insurance and Tech can work well together. Moreover, the relationship may be mandatory. Can we do this without starting a war? What do insurTechs think about taking a position in insurance? Noting that… Read more »

The 4th Generation of the Previously Unthinkable

Back in the early 1980s, a very wise senior IT manager introduced a group of insurance professionals to the concept of the ‘previously unthinkable’ in regards to technology implementation.  I am not sure how many people caught on to it, but it has served me well.  And, I think, it informs the rise of InsurTech. Prelude to the ‘Previously Unthinkable’ In… Read more »

InsurTech, Dead? (Maybe It Just Smells Funny)

It was bound to happen.  A recent article strongly suggests that InsurTech is losing momentum and, as a result, the promised transformation of insurance may be stalled.  And the result?  The author says that, in spite of innovative technology, InsurTechs have “failed to capture the market”. What is one to do? Let’s get real …. Insurance… Read more »

Are InsurTechs and Insurance Execs Reaching Common Ground?

At the outset, the InsurTech movement has focused on disruption of the insurance industry and its organization.  However, InsurTechs may be finding that it is easier to join the insurance incumbents, not fight them.  Does this mean insurers are drinking the kool-aid, or that they are reaching into their innovative insurance core? All insurers are… Read more »

Automobile Insurance in the Autonomous Vehicle Age

We have written on the future of automobile insurance in the era of autonomous vehicles.  While some insurers are sitting on the fence, some auto manufacturers and leading underwriters are driving new approaches to mobility and insurance. We’d like your thoughts. What’s the risk? There is a lot of high-volume speculation on the impact of… Read more »

Thanks for the Giving, Eh?

Insurance-Canada is a small but vibrant media company.  We rely on a lot of people outside our company to help us with our mission: to report on activities at the intersection of insurance and technology in Canada. As it is Canadian Thanksgiving, I would like to say thanks to our industry generally and to some… Read more »

Dissecting Digital Dimensions: There is a Plan … Sort of …

Digital technologies are driving new opportunities for insurers, brokers, insurtechs, and just plain folk.  Digital offers streamlined workflows, processes, and intelligent assistants.  In some instances, digital alters the insurance product. I borrowed an excellent post from a large insurer which has developed a model of digital things to come to start the discussion about impacts.  And we… Read more »

Convergence and Champagne in Boston

InsurTech is the hot topic of the day.  And start-up organizations are demonstrating the value of InsurTech to disrupt antiquated processes and products.  However, this does not mean that we derail the existing corporate infrastructure and rely exclusively on new technology.  So what do we need?  Convergence might be in order. A week ago, I… Read more »

Digital and Analogue: Tails and Heads on a Single Coin

Back in the dying days of 2015, I posted on insurance organizations that were in the process of disrupting themselves.  So where did we end up?  Let’s take a look at the journey and see where we stand and where we are going. Are we behind the times? Insurance organizations have been tagged as laggards… Read more »

Artificial Intelligence: The Sine Qua Non for Future Insurance?

Since the mid-1950s, technology, business, and academic professionals have been intrigued by the concept of Artificial intelligence (AI).  Fast-forward 60+ years and we are now seeing commercial implementations in various sectors, including insurance.  So, will risk  and insurance professionals embrace this development? Theory and layers of reality As with most worthwhile concepts, there is no… Read more »