INSURANCE INDUSTRY NEWS

Unlocking Canada’s Full A.I. Potential
As we reach an inflection point where AI moves from experimentation to large-scale implementation, a new report from Deloitte Canada's Future of Canada Centre outlines how the country must seize this moment by embracing a bold, homegrown framework for action. The report highlights Canada's strong AI foundations, but warns that the country is already falling behind in AI adoption. Read more.

EY Leverages NVIDIA AI To Launch Agentic Platform
EY is pleased to announce its artificial intelligence (AI) EY.ai Agentic Platform, created in collaboration with NVIDIA. Built on the full NVIDIA AI stack, the groundbreaking platform will integrate private, domain-specific NVIDIA AI reasoning models with human knowledge to enhance operational excellence through the productivity of AI agents. Read more.

Aurora Underwriting Solutions Joins Quotey Marketplace
Quotey is pleased to announce the addition of Aurora Underwriting Solutions to its expanding commercial insurance marketplace. Canadian insurance brokers using the Quotey platform now have instant access to comprehensive Errors & Omissions quotes for more than 115 specific classes of professional businesses. Read more.

Insurity Expands Integration With Glia To Enhance Interactions Across Core Insurance Solutions
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, is pleased to announce it has expanded its integration with the Insurity Interaction Platform, powered by Glia, to further enhance the digital experience for insurers, agents, and policyholders. Read more.

Westland Unveils New Benefits Brand
Westland Insurance is proud to announce the launch of its new benefits brand, Westland Benefits, in British Columbia, effective April 1st. This launch marks a significant milestone in Westland's continued growth, uniting its acquired benefits firms under one powerful national brand to better serve businesses across Canada. Read more.

ParioQuantify And MBC Group Unite
ParioQuantify, a leading national provider of independent property appraisal, is pleased to announce that MBC Group appraisals will officially operate under the ParioQuantify brand. This represents the unification of two respected teams with the common goal of delivering the most accurate, efficient, and responsive appraisal and consulting services in Canada. Read more.

FLMIC Implements ISI Enterprise Core System
Florida Lawyers Mutual Insurance Company, a leading provider of professional liability insurance for Florida attorneys, is pleased to announce its implementation of ISI Enterprise, a comprehensive core insurance platform developed by Insurance Systems Inc. (ISI). This milestone marks the successful completion of an 18-month digital transformation initiative aimed at enhancing operational efficiency and policyholder service. Read more.

Invi Grid Joins Cowbell Cyber Marketplace
Invi Grid, Inc. an innovator in solutions for Day Zero security and AI/Cloud infrastructure governance, is pleased to announce that the company's Intelligent Cloud platform has been added to Cowbell Insurance's Cowbell Rx Marketplace. Cowbell is a leading provider of cyber insurance adaptable to the threats of today. Read more.

Featured job opportunities:

Claims Adjudicator
Agricorp
Guelph, ON

Manager, Insurance Claims Operations & Marketing
CrashBay
Oakville, ON

In the InsurTech Spotlight this week:

InsureVue by Click Capital
InsureVue is a technology platform that enables organizations to fully digitize their products and workflows. InsureVue allows your insurance products and programs to be offered online so insureds can quote/bind/issue in a completely self-service manner. InsureVue is a full policy administration system which digitizes all your internal processes. Learn more.

Calling all InsurTechs! Click here to participate.

From Doug As advanced driver assistance systems (ADAS) develop, they are contributing to the development of autonomous vehicles which leverage sensors, algorithms and AI to operate without human intervention. I first experienced early development of a self-driving farm tractor at the International Plowing Match in the 1960s. In the 1990s, I took a ride on a self-driving tractor, a production model by a major manufacturer. Much has changed since, and the technology continues to develop, enhanced by analytics, AI and GenAI. For a farm tractor or other self-propelled machine, there are many factors at play. Self-driving brings more precision, and hence reduced operating expenses. On the other hand, the associated equipment whether for tillage, harvest or other use, is immensely more complex today than a decade ago. The person operating it can focus on the other parts of the operation, less on driving the machine. Such modern equipment brings benefits, costs and productivity improvements. Next week, autonomous self-driving in a different sphere. Doug Grant, CIP Partner Insurance-Canada.ca