Industry
The CIP Society, part of the Insurance Institute, has launched a new initiative to improve and expand mentoring within the Canadian property and casualty insurance industry. The new “Mentoring Advantage” website includes resources for mentors, mentees and organizations. “For employers, mentoring provides the opportunity to tap into their own pool of experienced professionals to facilitate […]
By Canadian Underwriter | January 16, 2015
1 min read
Making the insurance industry an attractive one in which to work for the millennial generation continues to be a challenge for property and casualty executives, the Insurance Information Institute suggests. The issue was one of several discussed by senior insurance executives at the recent Property/Casualty Joint Industry Forum in New York City, according to a […]
2 min read
LONDON – Following a year marked by the conflict in Ukraine and the rise of the Islamic State, geopolitical issues are considered to be the biggest threat to global stability over the coming decade, according to experts polled by the World Economic Forum. In its 2015 Global Risks Report, published Thursday, the WEF found “interstate […]
By Canadian Underwriter | January 15, 2015
Unica Insurance has achieved certification for its eDocs solution from the Centre for the Study of Insurance Operations. “Unica is very proud to receive formal recognition of our eDocs solution by CSIO’s Certification program,” Martin Delage, president and COO at Unica Insurance said in an announcement from CSIO this week. “Since our initial roll-out back […]
Export Development Canada (EDC) has introduced a new online version of its credit insurance product, enabling Canadian companies to insure their sales to United States or foreign buyers in minutes. “Canadian companies can now apply, receive a quote, accept and pay for their credit insurance, and do it all online,” says Clive Witter, senior vice […]
Advanced analytics for better decision-making and product development has been identified as a top business and technology trend for the reinsurance industry, notes a new report from research and advisory firm Novarica. The reinsurance industry is facing challenging conditions and, as such, reinsurers need to adapt and come up with creative solutions, notes a statement […]
By Canadian Underwriter | January 14, 2015
Burns & Wilcox Canada has announced its acquisition of Avec Insurance Managers, a Toronto-based managing general agent. Avec specializes in marine, inland marine and other specialty commercial lines. The company will become part of Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group. “Burns & Wilcox Canada is one of our fastest growing companies […]
The Insurance Brokers Association of Ontario (IBAO) announced Tuesday it has an affinity partnership with electronic signature vendor Silanis Inc., which makes e-SignLive. “With this partnership, brokers will benefit from tailored pricing for an electronic signature solution chosen to address the unique needs of insurance brokers in Ontario ” IBAO stated in a press release. […]
By Canadian Underwriter | January 13, 2015
Calgary-based insurance brokerage InsureMy Ltd. has launched a new “Time Based Insurance (TBI)” product for commercial drivers and fleets in Alberta and Ontario, which the firm says is the first in Canada. The offering uses telematics technology from Intelligent Mechatronic Systems (IMS) (the DriveSync product), allowing fleet operators and managers to receive insurance premium refunds […]
Google Inc. “could be piloting its Google Compare auto insurance comparison shopping site” in the United States, an analyst for Forrester Research Inc. recently speculated, though the search engine firm does not currently provide advice to British auto insurance consumers. Currently, Mountain View Calif.-based Google operates Google Compare for British consumers. Google Compare is “the […]
By Canadian Underwriter | January 9, 2015
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