Tagged: Insurance

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Doubling Down on the Crypto-Heist Game

Back in February 2018, Business Insider released information on ‘Crypto-heist insurance’.    Only a few insurers had the stomach to take on the risk. Fast forward to six months, and we see the appetite increasing.  Is this the future of  crypto-heist insurance? Are Crypto Currencies really needed? For the vast majority of commercial users, Bitcoin is... Read...

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Advisory Council launches online consultations on national pharmacare

The Advisory Council on the Implementation of National Pharmacare today announced the launch of its online consultation. The Council says the feedback received will help shape its independent report to the Federal Government.

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June severe storm caused more than $90 million in insured damage across Manitoba and Saskatchewan

Weather-related insured damages in region total over a third of a billion dollars in past year Vancouver, BC (July 20, 2018) – Insurance Bureau of Canada (IBC) is reporting that a mid-June storm affecting parts of Saskatchewan and Manitoba resulted in more than $90 million in insured damage, according to data from Catastrophe Indices and... Read...

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Smaller Increase in Ontario Auto Insurance Rates in Q2 2018

Toronto, ON (July 17, 2018) – Before insurance companies offering auto insurance in Ontario can change their insurance rates, they must be filed with and approved by the Financial Services Commission of Ontario (FSCO). FSCO has provided an overview of the filings which were reviewed in the second quarter of 2018. Average Rate Changes Thirty-seven... Read...

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Leaders of U.S. organizations rank cybersecurity, employee claims as top directors and officers (D&O) liability concerns

Willis Towers Watson survey captures D&O risk perceptions and key D&O insurance program considerations4.1 Arlington, VA (July 19, 2018) – Cybersecurity ranked as the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks were also identified as critical D&O... Read...

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Less Than Two-Thirds of Organizations Have a Cybersecurity Expert: Gartner

One in three organizations has no cyber risk expect, but expectation of rising threats is near-unanimous Sydney, Australia (July 17, 2018) – Despite 95 percent of CIOs expecting cyberthreats to increase over the next three years, only 65 percent of their organizations currently have a cybersecurity expert, according to a survey from Gartner, Inc. The... Read...

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Quadient Listed as CCM Vendor Solution for Insurance Industry in Novarica Market Navigator Report

Boston, MA (July 17, 2018) – Quadient, the award-winning leader in Customer Communications Management (CCM), has announced that it is listed as a top vendor solution for the insurance industry in the latest Novarica Market Navigator report. The report evaluated 20 vendor solutions to provide an overview of the stand-alone document management/enterprise content management (ECM)... Read...

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Leading global fintech influencer sees potential in insurtech's business model

Lower customer acquisition costs for brokers was part of the draw for the venture capitalist

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