INSURANCE INDUSTRY NEWS
Strategic Initiatives: P&C Commercial Lines
SMA's 8th annual research study addresses 12 strategic initiatives, spending, and priorities for 2018. The report reflects big increases in five key initiatives: digital transformational, innovation, core modernization, data and analytics, and CX.
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Snapsheet Brings Virtual Claims Technology
Snapsheet, the industry-leading provider of virtual claims technology for the personal and commercial insurance marketplace, expanded its North American presence to Canada by partnering with Aviva Canada, a property and casualty insurance group.
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Aviva Launches Commercial Insurance Solution
Aviva Canada is pleased to announced the launch of its new commercial solution, Aviva Enterprise, which offers the flexibility to customize a policy for any business, in any segment.
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Mastercard Accelerates Insurance Payments
Mastercard has announced a global partnership with Dream Payments aimed at getting insurance customers paid quickly, simply and securely. Northbridge Financial will be the first insurance provider in Canada to use the Mastercard Send platform.
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ClearPay Transactions Benefiting Users
ClearPay, the Canadian leader in automating payment settlements and reconciliation for the Insurance Industry, has announced that there are now more than one thousand users using ClearPay.
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QBE Adds Breach Plan Services To Cyber Policies
QBE North America is pleased to announce the inclusion of data breach planning services in all Cyber policies, giving policyholders a simplified approach to the development of an actionable cyber breach response plan.
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Opta, RMS Integrate To Meet Evolving Needs
Opta Information Intelligence and sister company Risk Management Services (RMS) are proud to announce the integration of the two companies.
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Alberta Brokerages Amalgamate Under Rogers
Rogers Insurance is pleased to announce the amalgamation of recent acquisitions Procom Insurance Brokers, Sylvan Agencies Ltd., and Inowest Insurance Brokers. These entities have been united under a new company, Rogers Insurance Canada Ltd.
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Sharp Mobile, Emethod To Amalgamate
Sharp Mobile Technology is pleased to announce that it has entered into an amalgamation agreement with Emethod, a majority-owned subsidiary of Sharp Insurance. These entities have been united under one new company, Trufla Technology Ltd.
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Hub Acquires Shares Of GMS
Hub International Limited, a leading global insurance brokerage, has announced it has acquired the shares of GMS Insurance (SWO) Inc. Terms of the acquisition were not disclosed.
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How To Report Auto Insurance Fraud
They cheat, you pay. March is Fraud Prevention Month, and Insurance Bureau of Canada is asking Canadians to help curb auto insurance fraud.
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