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INSURANCE INDUSTRY NEWS
Insurer Priorities Shift From Insuring Assets To Protecting Entire Mobility Journey
Capgemini's new World Property & Casualty Insurance Report reveals a future where insurers will need to evolve from traditional auto insurance offerings to 'mobility protection' as consumers adopt new mobility solutions that include Autonomous, Connected, Electric, and Shared (ACES) multi-modal options.
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Distracted Driving Statistics You Should Know: Mobileye
April is Distracted Driving Awareness Month, but the results of distracted driving affect people every single day of the year. There is no easy fix to eliminate distracted driving, but more sustainable solutions include a mix of public policy, technology, and education.
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CAA Launches Young Drivers Discount Program
CAA Insurance Company is excited to announce the launch of the CAA Head Start Discount™, a program designed to help young drivers save on their insurance costs.
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Distracted Driving Continues To Surge
Cambridge Mobile Telematics is pleased to announce the availability of its 2023 Distracted Driving Report, which reveals that distracted driving is more prevalent than ever by almost every metric, as drivers spend more time interacting with their phones on more trips.
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Arity Partners With CAS To Promote Safer Driving With Unique Data Set
Arity, a mobility and data analytics company, is pleased to announce it is partnering with Connected Analytic Services, a Toyota affiliate, to provide driving data from connected vehicles to auto insurance carriers on behalf of vehicle owners to enable them to access usage-based auto insurance products.
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CLIEDIS Launches New Business Capability Model
CLIEDIS is pleased to introduce an array of new services that included the CLIEDIS Business Capability Model and accompanying Service Catalog.
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At-Bay Introduces World-First InsurSec Solution
At-Bay is pleased to announce the launch of At-Bay Stance, the world's first InsurSec solution designed to help small and mid-sized businesses close their persistent security technology and skills access gap, all through their cyber insurance policy.
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Economy Taking Toll On Canadians, Employers
Manulife has announced the results of its third annual Manulife Retirement Survey, a snapshot of how Canadian workers with an employer-sponsored retirement plan are feeling about their well-being, overall financial security, and retirement preparedness.
It reveals the impact of the uncertain economy on Canadians and potential responses both employees and employers can consider in response to the macroeconomic environment.
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Younger Workers Are Most In Need Of Mental Health Support
New research by The Hartford, a leading provider of workers' compensation and employee benefits, finds Gen Z workers are the most in need of mental health support compared to other generations, yet are less likely to believe their employers care greatly about their mental health.
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Aviva Expanding Electric Vehicle Charging Stations In Ontario
Aviva Canada is pleased to announce the first seven communities that will receive Level 2 electric vehicle charging stations through its Charged for Change program in partnership with Earth Day Canada.
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First Onsite Expands Edmonton Branch Office
First Onsite Property Restoration, Canada's leading independent disaster restoration services provider, has bolstered its Edmonton presence with a new, expanded facility in the city to support businesses and residents amid a rise in catastrophic weather and restoration-related claims.
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Sun Life Pilots “Office Of The Future”
Sun Life is piloting a new, activity-based, people-focused workspace in its Waterloo office, where state-of-the-art renovations include a stronger focus on employee collaboration and well-being, and better support for hybrid work with virtual, in-person and cross-geography teams.
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Beneva Group Insurance Offering Adds Pharmacogenetic Testing
Beneva is pleased to announce it is integrating BiogeniQ's pharmacogenetic tests into its best practices for managing disability and rehabilitation in order to help reduce adverse reactions to medication. In addition to making this solution accessible to more Canadians, Beneva is increasing the scope of its healthcare offering to include other health conditions related to chronic pain.
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CSIO Celebrates Last Year’s Industry Successes
At the CSIO 2023 Members' Meeting and Reception, attendees were treated to highlights of CSIO and its members' 2022 achievements. CSIO commended the InnoTech Committee and its Working Groups for further developing API Data Standards to address the gap in real-time data exchange between broker management systems and insurers' systems.
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