Driverless cars expected to lead to commercial shift
DRIVERLESS cars have the potential to profoundly change insurance and one of the most prominent shifts may be a transformation of auto coverage from a personal lines to a commercial…
DRIVERLESS cars have the potential to profoundly change insurance and one of the most prominent shifts may be a transformation of auto coverage from a personal lines to a commercial…
THIS YEAR’s federal budget contains more than the usual fare for the p&c industry, with long-sought cross-border reinsurance tax relief, climate change mitigation pledges and a postponement of the review…
THE INSURANCE Brokers Association of B.C. is downsizing. Via a mail-in vote, the association’s membership recently approved a special resolution that calls for a smaller board of directors. Executive director…
THE INCREASING pace of change makes it more important than ever for Ontario mutuals to stick together, the incoming chair of their association said. “For us to continue to grow…
SALES OF DRONES have been soaring over the past year but insurance demand and regulations for them have been slow to get off the ground in Canada. Zurich Canada has…
ESURANCE, the Allstate-owned online insurer, is beginning to pick up speed after a slow Canadian launch over the past year in Alberta. “We are aiming to be the brand that…
THE ONTARIO government has pledged in its latest budget to speed up regulatory work for the rapidly expanding sharing economy. And the Insurance Bureau of Canada says this should enable…
THE FACILITY Association is planning to form a new working group by the end of March to study various residual market systems and consider reform opportunities. FA president and ceo…
MULTIPLE threats are pushing the insurance industry toward massive disruption, multinational management consultant Capgemini said in a report released March 1. “The continued evolution of the Internet of Things, combined…
THERE’S MORE to being ‘customer-centric’ than simply parroting clichés such as ‘we put the customer first’ or ‘the customer is always right.’ And although insurance leaders are aware of this,…