Events
Good For The Soul – Shake the Winter Blues with an Evening of Live Music and Fun! Come join us at the Moonlight Lounge in Taco Taco in Toronto for a night of pure enjoyment! Get ready to dance, sing, and let loose as we shake off those winter blues. This in-person event will feature […]
By Tammie Kip | January 4, 2024
1 min read
The Associateship of Canadian Surety Bonding Designation Program (A.C.S.B.) aims to provide students with a theoretical and in-depth practical understanding of surety bonds and the suretyship process. The program was developed by the Surety Association of Canada (SAC) in September 1998, and it is intended for those who plan on embarking on a career in […]
By Deegesh Maywah | January 2, 2024
Executive Outlook
Insurance products must evolve to ensure the industry continues to offer coverages appropriate for consumers
By Phil Porado | December 28, 2023
2 min read
Rising inflation and an alarming trend of increased vehicle theft will continue putting additional pressure on the insurance industry in 2024.
The rising rate of auto theft is quickly establishing itself as something that will not be resolved without proactive, collaborative efforts.
leveraging data and digitalization will be critical for the insurance industry to meet rapidly evolving customer expectations
Fraud is an emerging trend adding more weight to the industry’s shoulders so the industry will need to use AI to combat systemic fraud
By Phil Porado | December 27, 2023
The industry will see benefits of artificial intelligence start to emerge; most likely, this will be in the new customer on-boarding space
AI leads to some compelling questions: what does this mean for insurers? What about privacy? How can it make us more effective and efficient?
The ongoing impact of inflation, increasing climate change risk, and reinsurance pressure will support price increases.
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