Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
Insurance needs Real-Time now to benefit from lower costs and immediate confirmation between all stake-holders in the insurance distribution vertical. However, Real-Time transactions are too rare in insurance. The most obvious example is D2C insurers who have stepped up their…
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If you’re a broker looking to insure an apartment building or condominium complex in Canada, you should be aware of the challenges — and how to navigate them. In today’s hard market, most insurance companies are reluctant to take on…
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Your professional development has never been more cutting-edge. Consider the fascinating research of Qui Trieu, manager of personal insurance at Perth Insurance, a wholly owned subsidiary of Economical Insurance. Qui (pronounced as ‘key’) is currently a candidate in the Insurance…
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Bitcoin hit many business users’ radar screens in a quadrant labelled “Don’t even think about it.” It looked like a complex product, developed by geeks, that served the interests of international criminals. We were in this camp until we learned…
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A few days ago, an Ontario judge ruled that Uber is not operating as a taxi broker and that it has not breached any city bylaws. While this is a victory for Uber, this ruling does nothing to solve the…
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Recently, my colleagues and I participated in a client’s casualty workshop held in New York City. This particular client was interested in learning more about emerging risks. From 3-D printing and e-cigarettes to data breach claims and concussions – we…
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Every day we read of yet another hospital, hotel, restaurant or retailer that has been the latest victim of a cyber attack. According to a new report issued by Ponemon Institute, a full 59% of IT security professionals in Canada…
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Last spring, a colleague and I had just wrapped up another day at a joint claims and underwriting audit in Hamilton, Bermuda. As we walked back to our hotel, we wondered aloud as to which emerging risk would next impact…
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Two recent class action lawsuits are likely to have a ripple effect on third-party liability claims and coverages in the future. AvMed Inc., a Florida health insurance company, has agreed to a $3 million settlement, marking the first class action…
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