The Chronicle: Issue 2014-12, March 25, 2014


What's Going Through The Intersection of Insurance and Technology?

Who Owns the Client? A Modest Proposal
When we first started working with independent distributors in the insurance industry, one of the first liquid lunch debates focused around the ownership of the client. We recall that the debate was long, intense, and came to no conclusion. At ICTC2014, the same debate arose in two separate sessions, with about the same results. We'd like to offer a modest proposal to bring this to some conclusion. It is less philosophical and, we believe, reflects the social reality that is emerging.

The Intersection: Insurance-Canada.ca Blog
The Intersection

an Insurance-Canada.ca Blog


Consumer Information

Kanetix: Most Canadians think texting while driving should be a crime
A new survey conducted by Kanetix.ca finds that 84 per cent of Canadians think texting while driving should be a criminal offence, but we are more polarized on other distracted driving habits. This does not come as a surprise considering distracted driving fatalities in Ontario surpassed both impaired driving-related and speed-related fatalities last year, according to the Ontario Provincial Police.

Technology

GMC transforms the customer experience at ICTC2014
GMC Software Technology, the award-winning leader in Customer Communications Management (CCM) and output management, educated attendees on how to build lasting customer relationships and create a better customer experience by discussing the mobility of modern CCM at the 12th annual Insurance-Canada.ca Technology Conference, held March 17-18 in Toronto.

Telematics

IMS UBI Bootcamp: free webcast available for a limited time
At the 2014 Insurance Canada.ca Technology Conference, IMS presented an educational bootcamp on insurance telematics, providing an overview of the key information, business models, product strategies and data insights to ensure a winning usage-based insurance program. The panel included special guest speaker George Cooke, who is also an advisor to IMS. We received such good attendee feedback about the session that we have been asked to make the panel available to those whom missed it, or simply want to watch it again to take further notes.



ICTC 2014 Photos Online

Pictures taken at the 2014 Insurance-Canada.ca Technology Conference are now posted online.

     



Business of Insurance

Insurance Bureau of Canada takes aim at problem of cargo theft
Insurance Bureau of Canada (IBC) and Canadian Trucking Alliance (CTA) are joining forces, supported by four large Ontario police services, to launch a national program to fight cargo theft. The rapidly escalating crime is a significant problem in transportation hubs in southern Ontario, and in Vancouver and Montreal.

Economical Insurance and Federation Insurance will discontinue writing insurance in Newfoundland and Labrador
After a thorough review of its business in the province, Economical Insurance has announced that it will discontinue writing insurance in Newfoundland and Labrador beginning October 1, 2014.

In The Community

The Cowan Foundation makes donations to Charities across Canada
The Directors of the board of The Cowan Foundation are pleased to report that donations in Canadian communities during 2013 benefited approximately 80 charitable organizations. Examples of recipients of funding during 2013 include Heart & Stroke Foundation of Canada, Health Sciences at Conestoga College, and Girl Guides of Canada.


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