INSURANCE INDUSTRY NEWS

Chubb Debuts AI Embedded Insurance Engine
Chubb is pleased to announce the launch of a new AI-powered optimization engine within Chubb Studio, its global technology platform for embedded insurance distribution partnerships, to analyze data and deliver personalized insurance offerings at the point of sale. Read more.

Equisoft, Databricks Partner To Accelerate Digital Transformation With AI Analytics Platform
In response to mounting pressure to modernize legacy systems while embracing artificial intelligence, Equisoft is pleased to announce an ISV Built On partnership with Databricks to create an integrated analytics platform that accelerates digital transformation for life insurance carriers. Read more.

Majesco Launches AI Agents To Transform Intelligent Insurance Operations
Majesco has announced announced the general availability of its Fall '25 release, which introduces 13 new AI Agents that bring advanced reasoning, human-in-the-loop control, and company-specific guardrails to transform everyday insurance operations. Read more.

Workplace ‘Shadow AI’ Surges: IBM Study
A new study commissioned by IBM reveals that the use of artificial intelligence tools and applications in the workplace without formal approval or oversight from a company's IT department is becoming increasingly common across Canada. Read more.

EY Canada Launches Modular Platform To Simplify Agentic AI For Businesses
EY Canada is proud to announce the launch and general availability of FlexiGenAI, a next-generation agentic AI platform designed to help organizations move from experimentation to enterprise-scale impact in today's fast-changing business landscape. Read more.

Approved Joins Quotey Marketplace
Quotey is proud to welcome Approved Casualty & Surety to its insurer marketplace. Approved's Professional Liability product is now available to brokers on the platform, providing instant and competitive quotes for a wide range of professional risks. Read more.

AI, Ageing Among ‘Structural Regime Shifts’ Redefining Global Economy: Swiss Re
The global economy is entering the next phase of fiscal expansion and industrial policy dominance. While accommodative fiscal and monetary policies cushion growth against the impact of trade tariffs, Swiss Re Institute finds that this comes at the cost of structurally higher inflation and rising debt burdens. Read more.

Manulife Vitality Expands With New Partners, Personalized Health Tools
Manulife Canada is evolving its Vitality program in Canada to better support how Canadians engage with their health, with new prevention partners, expanded activity recognition, and more inclusive ways to earn points. Read more.

Zurich Selects Arrowsight To Transform U.S. Construction Site Safety
Zurich North America and Zurich Resilience Solutions, leaders in construction insurance and risk engineering, are pleased to announce a strategic collaboration with Arrowsight to help protect workers and reduce claims on construction jobsites across the United States. Read more.

Most Canadians Aren't Reviewing Their Insurance Policies For Savings: TD Insurance
Canadians are hustling harder than ever to stretch their budgets, but a new survey from TD Insurance reveals a surprising blind spot: only one-quarter of Canadians have reviewed their home and auto insurance policies for potential savings this year. Read more.

The New Most-Stolen Vehicle In Canada Is ...
Équité Association, the national authority on insurance crime and fraud prevention, has released Canada's annual Top 10 Most Stolen Vehicles list, which reveals a new vehicle has taken the top spot. Read more.

Louvre Password Leak Highlights Cyber Risks for Heritage Institutions
Following last month's audacious heist of priceless artifacts from the Louvre, Ecclesiastical Insurance is urging heritage sites to strengthen their cybersecurity and data protection measures. Read more.

Marsh McLennan Businesses Rebrand As Marsh
Marsh McLennan is pleased to announce that it will change its brand to Marsh, effective January 2026, and it has created a new unit, Business and Client Services (BCS), to accelerate innovation and centralize investments in operational excellence, data, AI and analytics. Read more.

In the InsurTech Spotlight this week:

InsureToday
InsureToday addressed the time-consuming and inefficient process of purchasing tenants insurance by launching a youthful brand focused on simplifying the purchasing process for renters in British Columbia. As a wholly owned subsidiary of Alteri Insurance, the new brand brings a fresh look and feel that will become the benchmark for digital insurance agencies across the country. Learn more.

Calling all InsurTechs! Click here to participate.

Featured job opportunities:

Accident Benefits Adjuster
Crawford & Company (Canada) Inc.
Calgary, AB

Director, Corporate Claims QA & Training
SGI
Regina/Calgary/Winnipeg/Toronto

From Doug I am frequently amazed by the innovative uses of new technologies, and the latest example is the story of Monarch butterflies being outfitted with sensors including a battery, a lightweight solar panel to power it, and a radio and antenna to transmit data (at a cost of some $200 USD per insect). Hundreds of butterflies were “fitted with the sensors and tracked, via a phone app, as they migrate south. Some were tracked for as long as nine weeks as they flew to winter colonies. One blew out to sea from Cape May, NJ, to the Bahamas and then flew west to Florida. Only about one in four survives the arduous journey.” Weighing 60 milligrams in total, “the sensors add 12-15% to a Monarch's body weight ... But Moore's Law continues to address size and cost issues for electronics, enabling inventors to develop practical solutions.” Sensors are not new – think cameras. But now that they can be tiny and can communicate, store, process and transmit information, they are changing our world and enhancing the options for managing risk. It is a question worth considering: How might their ongoing evolution impact your insurance business? Doug Grant, CIP Partner Insurance-Canada.ca