Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
The term “big data” carries much weight today, usually referring to the massive amounts and availability of data for analysis. Big data consists of the growing volume of information from sources such as claims history, industry statistics, telematics devices and,…
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Eye-watering as ever the recent annual survey of executive remuneration revealed, in the words of its publisher Insurance Insider, that our leaders “are some of the best rewarded captains of industry, beating averages within commercial banking and almost on par with the petroleum industry”. Indeed the top fifty highest paid insurance bosses in 2013 pulled […]
To put the disruptive, transformative, and innovative impact of the Internet of Things (IoT) into context, just consider these industry estimates indicating that by 2020, there will be 8 billion people on earth and 50 billion connected things with 5…
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An important topic concerning the P&C insurance industry is legacy systems – the technologies put in place years or even decades ago to support business operations. These could include anything from desktop computers and old operating systems to entire servers…
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Since the financial crisis in 2008, the insurance industry has seemed transfixed, even paralysed at times by regulation-anxiety. The dash to introduce Solvency II; an expensive sprint to a finish-line, ultimately stretched by the EU rule makers, led to some rancorous exchanges between insurance leaders and those setting the policy as the full implications of […]
Time for a new study! In a preview a few weeks ago, I wrote about the difference in communication between leading insurers and non-leaders – how they understand that low-barrier customer communication is an essential factor for doing business. In the new study “Winning strategies Continue reading
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Aerial drones – small, unmanned air vehicles (UAVs) – are highly visible at the moment, making an impact in areas as diverse as car advertisements, scientific research and agricultural support. The insurance industry can benefit from the technology as well,…
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Inspired. Extraordinary. Insightful. Transformative. Innovative. These are the words describing what I heard, saw, and experienced at the recent MIT Sloan CIO Symposium, titled Lead Your Digital Enterprise Forward: Are you Ready for the Next Digital Revolution? The symposium had…
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We are just a few days away from the publication of our next IBM Institute for Business Value insurance study.
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