The Intersection - The Insurance-Canada.ca Blog

The Future of Disruption: Will Telematics Uberize UBI?

We are hearing a lot about disruption that will hit the insurance industry as the result of InsureTech and digital transformation. However, widespread enterprise-wide implementations are some ways out, so we won’t see the impact of all of the moving pieces. But there is one exception: Telematics / UBI. Telematics is proven and poised for… 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 »

The Organizer’s Perk: Being a Fly on the ICTC2016 Wall

Organizing a conference is a lot of work, but it has its perks.   One big one is sitting in on meetings with really smart people talking about present and future challenges and opportunities.  Let me share examples from panels at the 2016 Insurance-Canada.ca Technology Conference. Hit the Road Our friend, Catherine Kargas, from MARCON, has… Read more »

The Two-Edged Sword of Technology: Cutting Your Path to the Future

New technology options offer a rich environment of functionality combined with an engaging user experience. This combination can produce intended and unintended consequences. We believe the winners will be those that can plan for the unknown as well as the known. We will showcase strategies and tactics at #ICTC2016. Here are a few examples. Insurance… 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 »

What Opportunities and Threats Will You Be Facing in the Next Decade?

We are launching our theme and content for the 2015 Insurance-Canada.ca Executive Forum (ICEF2015), and to make this event as valuable as possible, we  want to get some of your feedback in advance so our session presenters can be fully prepared to engage in real dialogue with attendees. This post will focus on the high… Read more »

What’s the Lifespan of Insuring Telematically?

Ten Years. Ten years could be the life span of telematics-enabled, usage-based insurance (UBI), and maybe auto insurance itself, according to one expert on autonomous vehicles, speaking at the  Insurance Telematics Canada 2014 conference in Toronto yesterday. Several members of the audience were vocally skeptical, but the Oracle of Omaha was quoted, adding some credibility. … Read more »

BMS Vendors bring their A-games to #ICTC2014; What do YOU want to know?

The challenge from Randy Carroll, CEO of the Insurance Brokers Association of Ontario,  was simple:  “We want the brokers to see the BMS vendors’ best products for the present and their plans for the future.  Tell them to bring their A-Games.”  With the active cooperation of Randy and his team at IBAO, we think we’ve… Read more »

Insurance 2023: A Funny Thing Happened on the Way to the Future

On October 3, fifty insurance professionals gathered at the Royal Ontario Museum in Toronto to review the results to date of a Study Team at the Insurance 2023 Forum. What started as a fairly routine set of presentations was quickly interrupted by a large, active conversation which set the tone for the Forum and will… Read more »

How Far Will Insurance Telematics Go?

In spite of some recent setbacks in user uptake, most analysts agree that at least for the mid-term, telematics will have a significant impact on automobile insurance in North America. On this basis, from a strategic planning perspective, decision-makers need to know (1) how deep telematics will penetrate into various parts of the organization and… Read more »