INSURANCE INDUSTRY NEWS

Three Megatrends That Will Drive The Next Decade
The emerging technologies on the Gartner Inc. 2017 Hype Cycle for Emerging Technologies reveal three distinct megatrends that will enable businesses to survive and thrive in the digital economy over the next five to 10 years. Read more.

Accenture Launches Liquid Studio In Toronto
Accenture has opened the doors to a new Liquid Studio, where clients will work side-by-side with skilled Accenture professionals to turn ideas into innovative applications and solutions with speed and agility. Read more.

The Power of Analytics for Insurance: SMA
There is a new set of capabilities on the horizon that will take analytics to the next level. Artificial intelligence (especially machine learning), cognitive computing and other technologies promise to yield differentiating capabilities to insurers bold enough to leverage them. Read more.

BMW, Intel, FCA Partner On Autonomous Platform
BMW, Intel and Mobileye have signed an agreement with Fiat Chrysler Automobiles to develop a world-leading, state-of-the-art autonomous driving platform for global deployment. Read more.

Avoiding Communication Breakdowns: X by 2
An old real-estate adage claims the three most important elements in any sale are location, location, location! The same can be said for the practice of consulting by replacing “location” with the most important element of consulting: communication. Read more.

Life Insurers Lack Digital Strategy: Survey
Digital maturity among North American life insurers remains low, and half have no digital strategy in place, according to a new survey by Gartner and LOMA. Read more.

Policy Works & FIRST Canada Expand Integrated Payment Solutions
FIRST Insurance Funding of Canada and Policy Works are pleased to announce they have expanded the capabilities of their integrated payment solutions. Read more.

HDI Launches Excess & Surplus Lines Carrier
HDI Global Insurance Company is pleased to announce the formation of its excess and surplus lines subsidiary, HDI Specialty Insurance Company, a new platform for tailored, speed-to-market products and coverage for customers with unique risk profiles. Read more.

RBC Insurance Launches PATH Travel App
RBC Insurance has launched a free mobile app for IOS or Android devices that provides travel insurance clients with information such as travel alerts, stored policy information and even an emergency geolocator. Read more.

Canadians Overlook Insurance When Moving
While moving is exciting, it's important to protect your personal belongings during the transition. A recent study conducted by Square One Insurance Services found that 80% of Canadians are not properly insuring their belongings while they're in transit. Read more.

Homeowners Overlook Water Leak Exposure
A new survey from Chubb finds that while on vacation, just 19% of homeowners view internal water leak damage as the most concerning home threat, despite the fact that water leaks are a more frequent risk than fire and theft. Read more.