INSURANCE INDUSTRY NEWS
La Capitale and SSQ Insurance rebrand as Beneva
Beneva has officially been unveiled. Created by La Capitale and SSQ Insurance joining forces, Beneva will become the largest insurance mutual in Canada. Proud of its new identity and its values, Beneva is confident that a more caring approach will resonate with Canadians across the country.
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IMS’s Telematics App Development Framework
IMS (Insurance & Mobility Solutions), a top provider of connected car data solutions, is pleased to announce the immediate launch of One App, a development framework that enables the rapid creation of scalable, configurable telematics apps that promote higher levels of user engagement than those in market today.
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ServiceNow Set To Acquire Element AI
ServiceNow is pleased to announce it has signed an agreement to acquire Element AI, a leading artificial intelligence (AI) company with deep AI capabilities and some of the world's brightest AI minds. Element AI will significantly enhance ServiceNow's commitment to build the world's most intelligent workflow platform, enabling employees to work smarter and faster, streamline business decisions, and unlock new levels of productivity.
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Antigonish Goes Live With Cognition+
Antigonish Farmers' Mutual Insurance Company has successfully implemented the Insurance Business Solution live into production. The implementation of IBS®, an enterprise insurance platform developed by Cognition+, is the initial step Antigonish is taking on their digital journey. Conversion from Antigonish's legacy system to the Cognition+ suite of solutions will allow for a seamless upgrade and support path as Antigonish targets enhanced service and efficiencies for their policyholders, agents and team.
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Apollo Welcomes Underwriting Service Specialist
Apollo Insurance Solutions Ltd. is pleased to announce that Joyce Wong has joined the Apollo team as Underwriting Services Specialist. She will provide support to underwriting operations and the Broker Distribution team, further enhancing Apollo's award-winning service.
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Hub International acquires Seymour Alper Inc.
Hub International Limited, a leading global insurance brokerage, is pleased to announce that it has acquired Quebec-based insurance and risk management firm Seymour Alper Inc. Terms of the transaction were not disclosed.
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Hub Acquires Assets Of Prince Albert Insurance
Hub International Limited, a leading global insurance brokerage, is pleased to announce that it has acquired the assets of Saskatchewan-based independent insurance brokerage Prince Albert Insurance Limited. Terms of the transaction were not disclosed.
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Intelligent Text Ingestion Overview: Novarica Brief
Insurers in the US collectively process millions of documents annually across most of their business processes. In a new executive brief, Intelligent Text Ingestion: Overview and Prominent Providers, research and advisory firm Novarica outlines the two types of problems that intelligent text ingestion (ITI) software solutions attempt to solve, as well as provides profiles of 17 vertical and horizontal industry solution providers that offer technology solutions for unstructured text extraction, classification, and related tools.
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Top 10 Stolen Vehicles Across Canada: IBC
Electronic theft from your own driveway, high-end vehicles stolen for shipment overseas, and the growing trend of street racing are three themes Insurance Bureau of Canada (IBC) identified as it compiled the latest list of top 10 stolen vehicles across Canada.
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Allianz Enhances Customer Support Offerings
Allianz Global Assistance, a leading Canadian travel insurance provider, is pleased to announce the launch of new, enhanced assistance capabilities – Virtual Care services and a new online Claims Portal – which aim to elevate the end-to-end customer journey. Both services are now embedded within all products offered across Allianz's national distribution network of broker and travel agency partners.
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Questions Finalized For Quoting Small Business
CSIO is pleased to announce that the Commercial Lines (CL) Working Group has finalized a standard set of questions required to underwrite and rate small business and professional services submissions.
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Wishlist For Safe Holiday Driving: SGI
With the holiday season upon us, December's Traffic Safety Spotlight is focused on impaired driving. SGI asked some of our friends what they are asking Santa for. “This year, I wish no one would drive impaired.”
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