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INSURANCE INDUSTRY NEWS
Guidewire, Swiss Re Partner To Reduce Operational Friction
Guidewire is pleased to announce a new partnership with Swiss Re Reinsurance Solutions to help build a more interconnected insurance industry through the use of technology.
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CFC Launches SME Management Liability Solution
CFC is pleased to announce the launch of a new management liability solution designed specifically for Canadian small to mid-size businesses, including a number of new coverages which are non-standard in the Canadian market.
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Players Health Selects Cloverleaf Platform Integrated With Socotra
Already a customer of Socotra's insurance technology, Players Health has selected Cloverleaf Analytics' Insurance Intelligence platform to further enhance their capabilities, leveraging advanced analytics for optimal business performance to support its mission of providing the safest environments for athletes.
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Relativity6 Launches AI Product For Business Activity Detection
AI solutions provider Relativity6 has released their latest innovative product designed to revolutionize the way underwriting teams operate and make critical risk decisions by providing insurance and financial institutions with the key data insights they need to stay ahead in the competitive product landscape.
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Protecting Society From An Unprecedented Cyberattack: Geneva Association
Growing geopolitical tensions and use of digital technologies are amplifying cyber risks, and although the dedicated cyber insurance market has grown rapidly over recent years, a huge protection gap persists – especially if an unprecedented, extreme cyber incident were to occur.
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Westland, BOXX Partner For Personal Cyber Safety
Westland Insurance is pleased to announce it has joined forces with global InsurTech BOXX Insurance to offer a new comprehensive cyber insurance product to provide individuals and families with the protection they need in the digital age.
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Westland Partners With Prime Benefits Group
Westland Insurance, Canada’s largest independently owned insurance broker, is pleased to announce its new partnership with Prime Benefits Group Inc., an Ottawa-based provider of employee benefits and retirement solutions.
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McDougall Welcomes M.B. Kouri Insurance Brokers
McDougall Insurance Brokers Limited is pleased to announce that we have merged with M.B. Kouri Insurance Brokers Ltd. in Tamworth, Ontario, effective November 1st.
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Electronic Health Records Can Speed Up Underwriting
Studies from Swiss Re and leading life carriers reveal that electronic health records can have a transformative impact on the traditional life & health underwriting process, resulting in quicker decisions and more personalized risk assessments.
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Commercial Lines Data Standards Gaining Momentum: CSIO
CSIO is pleased to advise that brokers actively using its Commercial Lines Data Standards which have the Minimum Data Set have reported that their average quote response time from insurers has decreased from a matter of days to an average of 14 seconds.
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Messagepoint Expands Generative AI Capabilities
Messagepoint is pleased to announce enhancements to its generative AI capabilities to further support organizations in creating communications that are easy for customers to understand.
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Companies (Wrongly) Believe They Aren’t Ransomware Targets
OpenText is pleased to announce the results of its 2023 Cybersecurity Global Ransomware Survey. Findings show a similarity in how small-to-medium sized businesses and enterprises think about ransomware attacks, including a disconnect about who is a target and growing concern about the use of AI by threat actors.
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Exploring The Rapid Growth Of Broker-MGA Partnerships
Gary Hirst, CEO & President of CHES Special Risk, a leading MGA, delves into the burgeoning phenomenon of Brokers increasingly forging strategic alliances with MGAs.
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Assureful Pre-Seed Round Raises Funds To Reinvent Insurance For eCommerce Sellers
Assureful, the first insurance provider built exclusively for Amazon and eCommerce sellers, is pleased to announce it has closed a USD 1.5 million pre-seed funding round, led by Markd, with participation from Greenlight Re Innovations.
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Aviva Expands Access To EV Charging Stations
Aviva Canada is pleased to announce it is expanding its Charged for Change program across Canada for 2024, to benefit even more communities without sufficient access to electric vehicle public charging stations.
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Hudson Restoration Announces New Franchise In London, Ontario
Hudson Restoration, a leading boutique restoration firm, is excited to announce that London, Ontario will soon be home to a new Hudson Restoration franchise.
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Why Legal Risks Need To Be Addressed: ARAG Whitepaper
ARAG Legal Solution Inc., the Canadian Legal Expense Insurance market leader, is excited to announce the release of its latest whitepaper, titled “Legal Life Events: When They Happen, They Hurt!”
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Philanthropic Financing Solution Makes It Easy To Donate Life Insurance
Groupe Cloutier is pleased to announce the launch of an innovative program called J’assure ma cause, offering donors the opportunity to purchase life insurance to benefit the causes they care about.
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