The Chronicle: Issue 2014-46, November 18, 2014
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What's Going Through The Intersection of Insurance and Technology?
Emerging Technologies and Insurance: How Do You Resource Innovation?
On Being Re-skinned: Welcome to The Intersection's New Look |
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Business of Insurance
Guy Carpenter survey: Cyber-attacks and terrorism the top emerging risks for 2015
Cyber-attacks and terrorism are ranked among the top emerging risks concerning the (re)insurance industry in the year ahead, according to a new survey released by Guy Carpenter. According to the findings, new products, expansion into new geographic markets and access to new distribution channels will be the primary drivers of profitable growth in 2015.
ACE expands privacy protection with unique data breach fund sidecar for policyholders in Canada
ACE Group has announced a ground-breaking option for ACE Privacy Protection policyholders in Canada. The new Data Breach Fund Sidecar Endorsement provides a single data breach fund limit, one that falls outside the policy's liability limits for all data breach expenses.
Claims
Benchmark IME: Selecting the right skills for an independent medical examination
Independent Medical Examinations are a very important part of the Accident Benefits claims adjudication process. Sean Cassidy, Benchmark IME, explains the importance of a systematized process and collaborative approach between the adjuster and Independent Medical Examination vendor in order to facilitate selection of the most appropriate practitioner(s) for an IME.
Marketing
eMarketer: Canadians use Social to search for info, but don't share
The top information resource used by internet users in Canada to find company information is unsurprising: search, according to a May survey by Ipsos Reid. But social media was not far behind, with 46% of internet users saying they looked at social networks, professional networks and blogs when checking out company info on the web.
Distribution
illustrate inc delivers consumer-facing life insurance quote and electronic application solution
illustrate inc, a leading provider of life insurance illustration and point-of-sale technology in North America, has announced the delivery of a consumer-facing life insurance quote and electronic application solution for one of the leading bank insurers in North America.
Applied Systems increases automation and connectivity with Applied TAM 2014 R2
Applied Systems has announced the introduction of Applied TAM 2014 R2, the latest release of the most widely used agency and brokerage management system, to Canadian, U.K. and U.S. independent insurance agencies and brokerages. Applied TAM 2014 R2 provides greater consistency to workflows throughout the system, increased carrier and insurer connectivity, and enhanced usability, enabling agencies and brokerages to increase productivity and improve client service for continued business growth and profitability.
Accenture insurance agent effectiveness solution helps insurers increase sales effectiveness
Accenture has unveiled the Accenture Insurance Agent Effectiveness Solution, an innovative cloud-based application designed to help insurance field sales organizations in their efforts to prospect and recruit agencies, agents and brokers and to improve the performance of this critical distribution channel.
Wawanesa Insurance obtains CSIO Certification for eDocs
The Centre for Study of Insurance Operations (CSIO) is pleased to announce that Wawanesa Insurance has achieved CSIO Certification for its eDocs solution. Brokers registering for eDocs will no longer receive paper copies of policy declarations, assisting with controlling printing and mailing costs. The postage and production savings will be passed on to Wawanesa's policyholders, corresponding with one of the core principles of a mutual company.
Consumer Information
Kanetix sponsors first-of-its-kind distracted driving program in Ontario
Kanetix is excited to support the launch of a first-of-its-kind anti-distracted driving training program in Ontario. Brought forth by non-profit organization Teens Learn to Drive, the Impact Teen Drivers program speaks directly to the people responsible for educating teenagers on matters of safe and attentive driving practices – from police officers, to public health workers and non-profit organizations, to driving instructors and teachers.