INSURANCE INDUSTRY NEWS
Porsche Insurance Launches In Canada
Porsche Financial Services Canada is proud to introduce Porsche Insurance, the customized insurance program developed for vehicles offered by the premium sports car brand. The first of its kind for the brand in Canada, this comprehensive offering will help Porsche drivers design personalized insurance solutions tailored to their unique needs.
Read more.
Chainproof Launches World-First Regulated Smart Contract Insurance Provider
Chainproof is please to announce its launch as the world's first regulated smart contract insurance provider. Incubated by Quantstamp, with seed investment and foundational support from SOMPO Light Vortex and reinsurance backing from Munich Re, Chainproof bridges the worlds of traditional insurance and decentralized finance (DeFi).
Read more.
Betterview Property-Level Analytics To Accelerate Catastrophe Response
Betterview, an InsurTech provider of actionable property intelligence to Property & Casualty insurance companies, is pleased to announce the launch of the company's new Catastrophe Response System designed for claims teams, which solves many of the greatest challenges they face when responding to natural catastrophe (CAT) events such as hurricanes, wildfires, and more.
Read more.
ICEYE Launches Geospatial Analysis Platform
ICEYE, a world-leading provider of SAR data and natural catastrophe analysis solutions, is pleased to announce the launch of ICEYE Insights, a powerful geospatial platform which allows insurance companies to combine unique flood observation data and analysis with their property insurance information to better understand the impact of flood events.
Read more.
Foresters Financial Insurance Products Now Protected By Assuris
Foresters Financial is pleased to announce that The Independent Order of Foresters (IOF) is the first fraternal life insurer to become a member of Assuris.
Read more.
Improving Canadian Insurance Through Big Data
A new statement from the Canadian Institute of Actuaries, titled Big data and risk classification: Understanding the actuarial and social issues, indicates that using big data derived from new technologies can contribute to the healthy functioning of insurance markets.
Read more.
Canadians To Drive Further Daily After Relocating Amid Pandemic
Return to work means Canadians plan to drive their car longer distances as a result of having moved during the pandemic, a new Aviva Canada report shows. And as the housing market begins to show signs of slowing amid rising interest rates, about half of Canadian homeowners think the value of their home is higher than it actually is.
Read more.
Westland Insurance Acquires National Truck League Insurance Brokers
Westland Insurance Group is excited to announce its acquisition of National Truck League Insurance Brokers, a specialty transportation brokerage that operates across Canada and is headquartered in London, Ontario.
Read more.
Betterview Launches Hurricane Risk Insights
Betterview, an InsurTech provider of actionable property intelligence to Property & Casualty insurance companies, is pleased to announce the addition of Hurricane Risk Insights to its property intelligence & risk management platform.
Read more.
Coalition Closes Series F Funding Round
Coalition, the world's first Active Insurance company designed to prevent digital risk before it strikes, is pleased to announce it has secured additional funding to accelerate its rapid growth, power international expansion, and broaden its services to help organizations manage digital risk.
Read more.
Financial Institutions Struggle To Keep Up With Evolving Insurance Needs
New research has found that collaboration across distributors, underwriters and regulators of Credit Protection Insurance (CPI) is key to delivering the type of "best-in-class" digital experience that Canadian consumers have increasingly come to expect.
Read more.
|