The Chronicle: Issue 2014-17, April 29, 2014
|
What's Going Through The Intersection of Insurance and Technology?
The Internet of Things & Impact on Insurance: A Matter of Give and Take
What Happens When Consumers Know More Than We Do? |
|
Business of Insurance
Lloyd's: Handing over control to autonomous vehicles
The application of emerging autonomous technologies could see self-driving cars, futuristic flying machines and other robotic devices become part of our daily lives within a few decades. However, legal and regulatory changes, as well as new insurance products, will be needed to make this vision of the future a successful reality, according to a new Lloyd's report.
Aviva Canada partners with MSA Research to preserve access to critical industry information
Aviva Canada, one of the country's leading providers of home, auto, recreational vehicle, group and business insurance, is proud to announce a new title sponsorship of MSA Research's 2014 Quarterly P&C Outlook Reports in Quebec. The sponsorship results in the entire membership of the RCCAQ having access to this critical data.
Frank Cowan Company: insurance policy premium finance option now available for non-profit organizations
Frank Cowan Company's Specialty Programs & Associations business segment now offers Canadian non-profit organizations the option of financing their insurance policy through monthly instalments. Premium financing is offered through Fountain Street Financial (a wholly owned subsidiary of Frank Cowan Company's parent Company, Princeton Holdings Limited) with services provided by Policy Bill.
Consumer Information
Your insurance versus water damage due to floods
Floods cause lots of damage to roads and other infrastructure; they bring water into places where it is not wanted, like buildings. And after the water leaves, the sight gets even worse. You may think insurance will come to the rescue. But let's look a little more closely at what's insured by that policy.
Manulife Financial: new universal life insurance product can lessen impact of market volatility
Manulife Financial has announced next month's launch of Manulife UL, a new universal life product for Canadians looking for simpler choices, cost-effective insurance protection and the opportunity for tax-advantaged investing, all in one solution.
Some success in the challenge of mental illness
Most of us are blessed with reasonably good mental health; many more, however, suffer from mental illness. Consider in your financial plan the impact to your family if someone is stricken. Health or disability insurance can help reduce the risk of the financial impact.
Technology
Celent: The Internet of Things and property/casualty insurance
The world is changing. It is becoming more connected. People, places, and things are using these connections to exchange an exploding amount of digital information and data. This digital stuff is stored and analyzed, and then yields predictions, feedback, and control. The Internet of Things will change the property & casualty business.
Social Business
ORBiT Real Time Days Education for 2014 take place May 27-29 across Ontario.
Canadian P&C insurance Brokers and their insurance company partners continue to improve on the value presented by "choice" while focusing on best practices for customer service and efficiency. Handling business transactions and accessing information among parties in real time is a widely recognized imperative. This is the primary focus of ORBiT. ORBiT's 2014 key educational days dedicated to moving real time ahead have now been announced.
Distribution
Applied Systems Exceeds 1,000 Applied CSR24 Customers
Applied Systems has announced the company has more than 1,000 insurance agency and brokerage customers in the U.S. and Canada using Applied CSR24, the leading online self-service application. As demand for online self-service has increased, Applied CSR24 adoption has steadily grown by more than 50 percent each year since 2011.