INSURANCE INDUSTRY NEWS
Cyber Concerns Wane Even As Risks Evolve
Zurich Insurance has released the seventh annual Advisen cyber survey, revealing corporate concerns about cyber may be waning even as the nature of cyber attacks has evolved to include ransomware and malware.
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Data Breaches Increase Due To Social Engineering
Specialist insurer Beazley's third-quarter Breach Insights report reveals the rapid growth of social engineering attacks – scams involving deception – as a cause of data breaches reported to the insurer by its clients.
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Automated Vehicles Spell Doom For Taxis, Buses
Automated vehicles, backed by smartphone apps for “mobility on demand,” will begin to eat into taxi and public bus services in the early 2020s, then begin to disrupt car ownership in the late 2020s
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Aviva Canada Expands Commercial Coverage
Aviva is pleased to announce the launch of Commercial Accident, a newly developed, comprehensive offering for customers through its broker partners which complements Aviva's current suite of products.
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Petley-Hare, InsuranceJack Sign With Sharp Mobile
Sharp Mobile Technology Ltd. is pleased to welcome Insurance Jack – and its parent company, Oshawa-based Petley-Hare Ltd. – to Sharp Mobile's growing list of clients.
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Manulife Vitality Offering Apple Watch
Manulife has announced the launch of its new Manulife Vitality Active Rewards with Apple Watch program, a further enhancement to the Manulife Vitality program.
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J.D. Power 2017 U.S. Auto Claims Satisfaction Study
Despite a nationwide advertising blitz for mobile auto insurance apps and widespread use of digital channels to purchase insurance, U.S. auto insurance customers have been slow to adopt digital claims reporting, according to the J.D. Power 2017 U.S. Auto Claims Satisfaction Study.
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ISI, Invoice Cloud Partner On Engagement
Insurance Systems Inc., a solutions provider to the property & casualty insurance industry, has partnered with Invoice Cloud to strengthen their integrated digital service offerings for ISI Enterprise.
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JLT Canada, Certisync Announce Joint Venture
JLT Canada has announced a joint venture with Certisync International, a communication platform and methodology exclusively dedicated to providing 100% access, visibility and transparency to required vendor and tenant documentation status.
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Digital Brokerage Strategy On Applied Epic
McLean Hallmark Insurance Group has selected Applied Epic, the world's most widely used brokerage management system, as the foundation for its digital transformation strategy.
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Majesco, Denim Enter Strategic Partnership
Majesco has announced a partnership with mobile and social media marketing platform Denim, the first to integrate with Majesco's Digital1st EcoExchange.
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Carriers Benefit from ClearPay Transactions
ClearPay, the Canadian leader in automating payment settlements and reconciliation for the Insurance Industry, is pleased to announce that there are now 100 carriers receiving ClearPay transactions.
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Alice Keung Joins Advisory Board
Rowan Saunders, President and Chief Executive Officer of Economical Insurance, is proud to announce that Alice Keung, the company's Senior Vice-President and Chief Transformation Officer, has been appointed a member of the Insurance-Canada.ca Advisory Board.
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Flood-Damaged Vehicles Are Safety Risks
SGI is warning Saskatchewan residents that flood-damaged vehicles originating from areas affected by Hurricanes Harvey and Irma could be hitting the re-sale market.
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Drivers Unsure How To Prevent Wildlife Collisions
A new national survey from State Farm Canada sheds light on how Canadians react to wildlife while driving.
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Shame Impedes Talk About Money Challenges
Feelings of shame and embarrassment often impede Canadians from acknowledging their personal financial struggles, according to Manulife's latest study on health and wealth.
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