Insurance-Canada.ca - Where Insurance & Technology Meet

Canadians Want Technology Relief From Distracted Driving

Aviva Canada Poll Toronto, ON (Sept. 21, 2017) – A groundbreaking new opinion poll of Canadians shows they have the answer to texting and driving – and it’s not peer pressure or police crackdowns. Instead, the majority of Canadians in a new public opinion poll by Aviva Canada believe only a technology solution that blocks… Read more »

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Digital and Analogue: Tails and Heads on a Single Coin

Back in the dying days of 2015, I posted on insurance organizations that were in the process of disrupting themselves.  So where did we end up?  Let’s take a look at the journey and see where we stand and where we are going. Are we behind the times? Insurance organizations have been tagged as laggards… Read more »

OneEleven and Aviva Canada to host Canada’s first-ever DisasterTech Hackathon

Innovation hub partners with The Canadian Red Cross, City of Toronto, SAS Analytics, Toronto Hydro, The Weather Company, and more to help solve challenges related to natural disasters Toronto, ON (Sept. 12, 2017) – More severe storms happening more often – that’s the new climate reality. No matter whether it comes in the form of… Read more »

Aviva and Local Insurance Partner to Support Charities

Insure For Your Cause program offers customers opportunity to donate to charity when they purchase insurance Toronto, ON (July 25, 2017) – Aviva Canada and Local Insurance have collaborated to launch the Insure For Your Cause program, enabling customers to donate to their favourite charities when they purchase home or auto insurance from a participating… Read more »

Aviva Canada and Sharp Mobile announce agreement to accelerate broker digitization

iMobilebroker platform offers brokers an “all carrier” digital and customer self-service insurance experience July 11, 2017 (Toronto, ON) – Aviva Canada and Sharp Mobile have entered into an agreement to provide Canadian brokers access to the iMobilebroker platform, which consists of the iMobilebroker app, web portal and the expanded Broker Admin Data Portal. “Aviva Canada… Read more »

IoT as a Virtual Risk Manager

The Internet of Things (IoT) has gone beyond a passive monitor of activities to become an intelligent nervous system for the world of devices and people. As a result IoT could be the largest opportunity for improving the business of insurance. Last year, Aviva Canada introduced the “Home Protect Bundle” which included coverage that provided… Read more »

Notes On the Path to Insurance 2.0

In our last post, we noted the impact of derisking on the current insurance model. As technology lowers the probability of risks (with an attendant reduction of rates and premiums), we see insurance seeking new exposures and developing more engagement with consumers. This post turns to different elements in the new world. Going ‘Episodic’ Speaking… Read more »

Canadian Disruptions, Eh?

The theme for the 2017 Insurance-Canada Technology Conference on Feb.28 was “Disruption ⇒ New Realities, New Opportunities.”  I had the privilege of moderating two sessions, which demonstrated that Canadian insurance organizations are embracing the realities and creating opportunities. If you missed it in person, or want to visit it again, you will have the opportunity… Read more »

The Rollout of Automated Driver Assistance Systems and the Impact to Insurance Costs

Long available as high-end luxury vehicle options, Advanced Driver Assistance Systems (ADAS) are now offered on a number of 2017 vehicle models. For example, Toyota Safety Sense offers an ADAS bundle that will be included as standard on the majority of Canadian models starting with the 2017 model year. How is the insurance industry responding… Read more »

Who Can Do InsurTech? Who Should?

The term “InsurTech”  is a bit ambiguous, describing a wide scope of activities.  Depending on the source, InsurTech  may cause disruption of current insurance practices, the rise of new insurance products, the evisceration  of entire insurance C-Suites, the ascension of new entrepreneurs to Unicorn status.  This is not particularly helpful. I prefer to use a… Read more »