The Chronicle: Issue 2014-41, October 14, 2014


What's Going Through The Intersection of Insurance and Technology?

Social Reform in the Insurance Industry
Customers now have the ability to connect directly with their most hated or most adored organizations – which have the ability to communicate back. The concept of social business is alive and well in the enterprise space, forcing companies to change the way they operate.

One-Stop Financial Shopping: Will We Find the Holy Grail?
Conceptually, “One-Stop Financial Shopping” has strong appeal for all parties – insurers, distributors, and clients. In practice, however, results have been spotty.

Baby Boomers’ Impact on Personal Injury Claims
Population demographics may soon play a major role in the way personal injury and accident benefits claims are handled in Canada. Baby boomers make up more than one quarter of Canada's population, and economists are concerned about the impact on Canada's workforce as they begin to reach the age of 70.

The Intersection: Insurance-Canada.ca Blog
The Intersection

an Insurance-Canada.ca Blog


Business of Insurance

SGI CANADA to enter the British Columbia market
SGI CANADA has received a licence allowing it to compete in British Columbia's property & casualty insurance market and plans to begin operating there in summer 2015. SGI has been building its business outside of Saskatchewan and said has experienced profit and growth in Alberta, Manitoba and Ontario.

Zurich credit and political risk group set for growth as concern rises over global unrest
Zurich Insurance has announced some major moves that position its Credit & Political Risk group for growth just as concern mounts over political and social unrest around the world – stemming largely from the Russia-Ukraine and Iraq-Syria regions.

Technology

Mercedes-Benz sends autonomous vehicles onto USA's most extensive testing ground
As one of the first automobile manufacturers permitted to do so, Mercedes-Benz has been testing autonomously driving automobiles on public roads in the US state of California since September. In addition, the company will from now on also use Concord Naval Weapons Station, the largest test bed site in the US, for further testing of its future technology.

SPLICE Software: New mobile leaderboard app supercharges employee engagement with enhanced gamification strategy
SPLICE Software, an industry leader in the customer experience sector, has released the latest version of the company's Mobile Leaderboard, a gamification solution that helps businesses achieve higher levels of employee engagement through friendly competition between employees. An earlier version originally debuted at the LAUNCH Festival in San Francisco in February, where it received an enthusiastic reception. The new version enhances security, interface capabilities and data visualization.

Distribution

SGI CANADA obtains CSIO Certification for eDocs
The Centre for Study of Insurance Operations is pleased to announce that SGI CANADA has achieved CSIO Certification for its eDocs solution. CSIO data exchange standards are company neutral and help solve data compatibility issues, facilitate more efficient and seamless integration of information and improve implementation of technology solutions. CSIO Certification is available to member insurance companies and vendors.

Telematics

IMS announces preferred provider relationship, facilitating UBI innovation
Intelligent Mechatronic Systems, a leading connected car company, has announced that Towers Watson, a global professional services company, has designated IMS a preferred usage-based insurance (UBI) provider for their DriveAbility® clients.

Jobs and Careers

Policy Works appoints new CEO and new president
Policy Works Inc. has announced an internal reorganization of its corporate structure designed to support its growth now and into the future. The reorganization includes the appointment of Kevin Campbell as Chief Executive Officer and the appointment of John Eastly as President.

Consumer Information

Allstate Canada: Canadian students catch distracted drivers red-handed
High school students working with Allstate Agents to catch distracted drivers observed more than one third of all drivers engaging in some form of distraction behind the wheel. While distracted driving continues to be a hot topic with increased media attention and talk of stiffer distracted driving laws across the country, this tally reveals that Canadian drivers are struggling, or reluctant to give up their distractions.


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