The Chronicle: Issue 2013-36, September 17, 2013
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What's Going Through The Intersection of Insurance and Technology?
Insurance Marketing & Communications: Today, Tomorrow, and for 2023
Big Data Secrets, Including How to ‘Fail Correctly’ |
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Business of Insurance
Guy Carpenter: Cyber, Climate Change and Space highlighted as critical emerging risks in new report
Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, has published a new report highlighting emerging risks facing the (re)insurance sector, including cyber risk, climate change and space risk. The report seeks to identify pressing emerging risks confronting the sector, as well as analyze their implications on businesses and (re)insurers.
Transportation Safety Board calls for safety review of dangerous goods transport processes
The Transportation Safety Board of Canada has issued safety advisory letters to Transport Canada and the United States Pipeline and Hazardous Materials Safety Administration with respect to its ongoing investigation into the train derailment in Quebec on July 6. The TSB is calling on the regulators to review the processes for suppliers and companies transporting or importing dangerous goods to ensure the properties of the goods are accurately determined and documented for safe transportation.
Frank Cowan Company offers enhanced legal expense coverage
Frank Cowan Company has enhanced their Legal Expense coverage to include broad core and optional coverage to better protect municipalities and specialty organizations across Canada.
Consumer Information
Zurich Canada launches new coverages for mid-size technology business risk solutions
Industry Canada reported that between 2007 and 2011 the Information and Technology Communications sector grew faster than the Canadian economy overall. In response to this growing demand, Zurich has developed a new suite of insurance solutions geared specifically to the needs of mid-size technology companies.
Aviva Canada: Buying insurance through local classifieds? Think again
Aviva Canada, one of the country's leading providers of home, auto, recreational vehicle, group and business insurance, is warning Canadians about the risks of insurance deals that seem too good to be true. In cooperation with the Toronto Police Service, Aviva Canada is releasing details of a recent insurance scam that has left individuals without auto insurance coverage and cost them hundreds and, in some cases, thousands of dollars.
Desjardins Insurance launches first-ever life policy with monthly benefit for home and long-term care
The population is aging. There's no getting around it. By 2056, Canada is expected to be home to more than 64,000 centenarians, and studies show that babies born in 2013 can expect to live to be over 100.* This is all changing the landscape of the life insurance industry. It's also what inspired Desjardins Insurance to develop Canada's first-ever life insurance policy – Life LTC Advance – that offers additional income for insureds who require certain types of care.
Kanetix helps homeowners secure their ownership with Title Fraud Protection
Title Fraud Protection+ quotes from FCT, the leading provider of Title Insurance in Canada, are now available through a new online service at Kanetix.ca – the first and only consumer site to do so. Through Kanetix.ca, current homeowners in British Columbia and Alberta can obtain accurate real-time quotes online for their title insurance needs.
Creechurch International to offer Kidnap and Ransom Insurance in Canada
With the rapid pace of globalization, companies increasingly do business in different parts of the world, exposing their employees and their families to kidnapping and other similar risks. Recent trends indicate that many kidnappings involve not just executives, but employees or their dependants. To help protect your most valuable assets, your people, Creechurch has partnered with leading Kidnap & Ransom insurer Hiscox to offer kidnap, ransom and extortion (K&R) coverage.
Distribution
Opta and Applied CQ Rating Services Launch Applied ITV powered by iClarify Services
Opta Information Intelligence, creators of iClarify, are proud to announce the integration of iClarify services, providing replacement cost values, directly into the Applied CQ Rating Services system under the “Applied ITV” brand.
Keal Technology and Navicom partner to deliver integrated customer intelligence platform
Navicom Inc., innovative provider of market and customer intelligence, and Keal Technology, a leading provider of broker management systems, are pleased to announce a new partnership that brings an exciting new integrated customer intelligence functionality to the insurance broker community. This initiative integrates Navicom's proprietary customer measurement system enVisageCEM into Keal's sigXP Broker Management Software.
WealthServ partners with Efficient Technology Inc. to provide electronic forms
WealthServ has announced its partnership with Efficient Technology Inc., an industry leader in electronic forms and electronic signatures. The partnership will see Efficient Technology Inc. Quik! forms solution seamlessly integrated into the WealthServ platform, giving users the ability to quickly and effectively process electronic forms within the current system.
Echelon Insurance announces customer-driven improvements for brokers
Echelon General Insurance Company has announced new measures to streamline broker processes, improve productivity and enhance service to its distribution partners. Brokers can now upload new business to Echelon directly from their broker management system, eliminating the need to go through a company portal. Echelon has similarly streamlined processes to provide policy download for new business, renewals and policy changes.