INSURANCE INDUSTRY NEWS
Chubb Launches New Cyber Alert App
In response to the growing threat of cyber risks facing commercial enterprises, Chubb has introduced the Cyber Alert mobile application, designed to offer commercial cyber customers rapid response options and resources in the event of a cyber incident.
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Burns & Wilcox Unveils Personal Cyber Coverage
Burns & Wilcox, North America's leading wholesale insurance broker and underwriting manager, has launched a new, cutting-edge Personal Cyber insurance endorsement. The coverage includes ransomware and cyber extortion.
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Values Of Global Insurance M&A Soar
At a time of heightened political uncertainty, fewer deals are being completed, but those that do complete are of a higher value, according to a survey by Willis Towers Watson and Mergermarket
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Great-West Life Offers Virtual Health Care
Great-West Life marks Digital Health Awareness Week as the first national insurer in Canada to pilot a fully-bilingual virtual health care service.
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Manulife Benefits Balance: Ask Alexa!
Manulife is launching the Manulife Benefits skill for Amazon Alexa, a Canadian insurance industry first. From tracking vision care to dental and other medical account balances, Manulife group benefits plan members can inquire through any Amazon Alexa-enabled device in Canada starting December 2017.
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Artificial Intelligence in P&C Insurance
Depending on your view, artificial intelligence may be a great boon to society and business or an existential threat to humanity. But whatever you believe, it is important to understand how AI applies to the property/casualty industry and where its greatest potential lies.
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BHSI Launches Network Security Insurance
Berkshire Hathaway Specialty Insurance has unveiled the Professional First™ Network Security & Privacy Liability Policy in Canada, a solution that combines cyber liability and breach response coverage with risk management resources for commercial enterprises and financial institutions.
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New Commercial Lines Strategy At Economical
Economical Insurance has made significant enhancements to its commercial lines strategy to improve profitability, capture more market share in small business, and expand capabilities in middle market and specialties.
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Vault Selects Symbility To Support Property Claims
Symbility's claims management cloud platform will help to keep everyone involved in the claims process up-to-date and on the same page, from adjusters to third-party contractors and Vault's policyholders themselves.
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UL Mutual Chooses Equisoft To Upgrade Tech
Equisoft, a leading global provider of digital business solutions, is pleased to announce that it has been hired by UL Mutual to completely transform its technology ecosystem, including the implementation of the Oracle Insurance Policy Administration platform.
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Hiscox Selects OneShield To Enhance CX
OneShield Software has announced that Hiscox, a global specialist insurer, has selected OneShield as its new software provider for policy, billing, claims and reporting.
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IBAA Endorses CSIO eDelivery Solution
The Centre for Study of Insurance Operations is delighted to announce that the Insurance Brokers Association of Alberta has endorsed its eDelivery solution to send consumers their personal and commercial policy documents and auto liability cards electronically.
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Sharp Mobile Paves New Path With APIs
Sharp Mobile is pleased to announce their collaborative partnership with Aviva which has contributed to Aviva being the first insurer to open up APIs for insurance brokerages.
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Insurance Spot Launches Online Quote & Bind
The Canadian Broker Network is pleased to announce the launch of Insurance Spot, an online quote-and-bind tenant & condo insurance platform designed to revolutionize the user experience.
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Amazon Introduces Alexa, Echo in Canada
Amazon is pleased to announce that Alexa, the brain that powers Amazon Echo, is now available for Canada, along with three Alexa-enabled devices: Echo, Echo Plus, and Echo Dot.
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Drones Solve Tree Coverage Imagery Problem
Drones can help to resolve issues where where tree canopies obscure details of residential and commercial structures from satellite and aerial imagery used to document property values and evaluate damage.
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Intelligent Automation To Transform Outsourcing
Intelligent automation will transform workplace outsourcing, according to Gartner. Sourcing and vendor management leaders must prepare to restructure these services and renegotiate contracts to leverage intelligent automation.
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Cyber Concerns Limiting Online Services
More than half of Canadian respondents say their concern about cybercrime is limiting their use of online services, according to a new survey from Accenture.
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Distracted Driving Can Cost You – Big Time
Police across Saskatchewan issued 486 tickets for distracted driving during October's Traffic Safety Spotlight, including 391 for using a cellphone while driving.
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