The Intersection - The Insurance-Canada.ca Blog

Autonomous Vehicles – The Disruption Never Ends

As recently as four years ago, if you mentioned ‘autonomous vehicles’ as a serious alternative to traditional private passenger automobiles, there were good odds that you would be laughed at or threatened. That has changed, and the impact could be more disruptive than first imagined. It seemed straightforward at the time … At the first… Read more »

Pilots on the Disruption Path

The 2017 Insurance-Canada Technology Conference and The 2017 Broker Forum, have now come and gone. But their impacts remain. Over the next few weeks, I will reflect back on key elements. To the best of my knowledge, the first and the last speaker didn’t spend much time comparing notes. Yet these two were complementary pilots… Read more »

AI: The Computing We Always Wanted?

With all of the discussions about InsurTech, Disruption, Innovation, Artificial Intelligence (AI) may  be poised to slide in seamlessly and radically change how we do business.  Are we realizing what we thought computing should be? Where is AI now in insurance? We are already seeing implementations of AI.  Lemonade, which is bringing a new model… Read more »

Following Closely: Cyberrisk and Self-Driving Cars

If you scan this blog, you will note that we have a high interest in autonomous vehicles.  Data demonstrate that there are reductions  in injuries and deaths, and improvements in transportation effectiveness. But there are new risks which need to be addressed. Is this an opportunity or just a large challenge? There are impressive benefits Autonomous… Read more »

Will Driverless Cars Disrupt Uber and Insurance?

Ride-hailing services – the poster child being Uber – are recognized as a major disruptors for taxi fleets and other modes of transportation. These actors introduce continuous innovation by embracing internal disruption. However, there are other external initiatives that may disrupt the disruptors. And insurers may be collateral damage. We’d like your thoughts. Driverless cars… Read more »

Is the Telematics Plateau Coming Early?

We’ve followed Telematics/Usage-Based Insurance (UBI) for some time now.  There has been significant progress, and there is an assumption that it will have a 25% market share over time. Of late, however, some folks are suggesting that UBI could plateau early just as other forces start to shape the next generation of automobile insurance. Usage-Based… Read more »

Emerging Auto Threats and Opportunities: In Conversation with Catherine Kargas

For the third year running, the Insurance-Canada.ca Executive Forum (ICEF2015) will feature Catherine Kargas, Vice President, MARCON leading an expert panel in exploring how upcoming changes to regulations and technological improvements will impact auto insurance over the next decade. Patrick Vice, Partner at Insurance-Canada.ca, interviewed Catherine for some additional background. Following is an excerpt. Vice:… Read more »

Apple Auto: What Would DeLorean Say?

There is major buzz around the tech giants getting into the automobile business, the most recent of which is a growing mountain of evidence that Apple is acquiring assets and resources in aid of its push. I have no idea how an Apple entree into auto manufacturing will play out.  However,  my Detroit soul is… Read more »

Technology and the Future of Insurance Work

During a recent episode of the CBC’s business news show, The Exchange with Amanda Lang, the host discussed the future of broadcast TV.  After concluding that the death of broadcast was closer than expected, Ms. Lang said, “Hopefully we’ll still be doing what we do.” The impact of robotics and artificial intelligence on the future… Read more »

Can You Say ‘No’ to Driverless Cars?

In July, I attended the 2014 Automated Vehicles Symposium in San Francisco. Over the last three years, attendance at the event has grown significantly. This important increase in attendance mirrors the tremendous rise of interest in the subject of driverless technology as well as the rapid pace of technological advancement necessary to bring driverless vehicles… Read more »