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AUGUST 30, 2016

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INSURANCE INDUSTRY NEWS

InsurTechs Are Driving Disruptive Innovation: SMA
Strategy Meets Action has released a new Executive Insight Report, Customer Engagement at the Digital Edge in Insurance, which explores the impact new trends and technologies will have on customer engagement.
Read more.

Manulife & indico Partner on Deep Learning Tech
Manulife's Lab of Forward Thinking (LOFT) is collaborating with indico data solutions, a Boston-based company that specializes in Deep Learning, to accelerate business adoption of innovative technologies such as Artifical Intelligence (AI), blockchain and virtual reality.
Read more.

Transportation Transformation: Poised for Takeoff
Driverless vehicles have been in the headlines for a few years, but the effort to develop and test these capabilities in cars is only one part of a much larger story – one that will greatly affect every person, business, and industry.
Read more.

Edwards Launches High-Risk Sports Insurance
Edwards Insurance is pleased to announce that we are now able to insure high-risk sports. This insurance is available for most sports including such risky sports as base jumping, bull riding, motorized speed contests and many more.
Read more.

Surex Direct Simplifies Tenant & Condo Insurance
SurexDirect.com, Canada's fastest-growing online insurance brokerage, has introduced new tenant's (renter's) and condo insurance quote processes.
Read more.

Drone Cover Now Available to Specialty Clients
Frank Cowan Company liability and property policies can now be enhanced with endorsements to cover drones. This coverage is intended to close the gap in liability and property insurance because of aviation exclusions.
Read more.

Aviva Canada Launches Equine Coverage
Aviva Canada will be launching mortality, medical, and surgical insurance coverage for horses in Manitoba and Saskatchewan, as well as liability coverage for equestrians, through partner Henry Equestrian Insurance Brokers Ltd. and its well-known and trusted Henry Equestrian Plan.
Read more.

CHES Special Risk Devises E-Cigarette Solution
CHES Special Risk Inc. have announced the launch of their E-Cigarettes and VAPE Programme, with a unique and innovative product mix.
Read more.


2016 SMA Summit


The Intersection: Insurance-Canada.ca Blog

What's going through the Intersection
of insurance and technology?

Will Driverless Cars Disrupt Uber and Insurance?
Ride-hailing services are recognized as a major disruptors for taxi fleets and other modes of transportation. However, there are other external initiatives that may disrupt the disruptors. And insurers may be collateral damage. Read more.



From Doug

A summer day trip took us to Old Hay Bay Church, the oldest surviving Methodist building in Canada. It was erected in 1792 by settlers, including United Empire Loyalists, who had recently arrived and established the community of Adolphustown.

Today at ICEF2016, insurance executives are looking ahead at opportunities and challenges the P&C industry is facing. The things being insured have new characteristics; how they are being insured is evolving; and how insurance providers engage with customers is being redefined, driven by consumers themselves. In short, insurance is entering into a whole new dynamic. Hold onto your seats – it is going to be an interesting ride.

I wish you and yours a happy Labour Day weekend.

Doug Grant, CIP
Partner
Insurance-Canada.ca

Doug Grant

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