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INSURANCE INDUSTRY NEWS
Aon Fall 2025 Canadian Insurance Market Update
To help Canadian clients make better decisions about risk management and insurance programs, Aon has released its Fall 2025 Canadian Insurance Market Update, which finds that the Canadian Property & Casualty market is characterized by soft conditions marked by increased capacity, strong underwriting performance and heightened competition.
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Extreme Weather Risk Growing, As Are Gaps In Resilience: FM Report
Global businesses are seeing the effects of increasingly frequent extreme weather, but many companies are not fully adopting cost-effective opportunities to close resilience gaps, according to a new report by commercial property insurer FM.
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Brisc Launches Frictionless Submission Triage
Brisc, the agentic AI platform built specifically for insurance, is pleased to announce it has launched its Submissions Agent — a fast, frictionless solution that helps property MGAs, carriers, and reinsurers process submission files in seconds to accelerate quote turnaround and win more business.
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Ecclesiastical Launches Cyber Security Whitepaper, Training Module
Ecclesiastical Insurance is proud to mark Cyber Security Awareness Month with the release of a new whitepaper, Cyber Security Best Practices for Charities, Non-Profits, and Small Organizations, alongside its complementary Cyber Security Risk Management module in the Ecclesiastical Specialist School™.
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Under-40s Delaying Life Insurance Coverage Along With Marriage, Parenthood
While more than two-thirds adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, which is hindering adoption, according to the World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA.
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Hub Launches Exclusive Livestock Insurance
Hub International Limited, a leading global insurance brokerage and financial services firm, is pleased to announce the launch of HUB Livestock Insurance in Canada, a scalable product with multiple specialized sub-programs, including equine, poultry and egg, dairy and cattle offerings, with others in development. HUB Livestock Insurance is designed to deliver targeted protection for risks unique to farm animals, including Property & Casualty, mortality, disease, theft and transit-related losses.
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GUS Welcomes Paulson Fire & Flood
Paulson Fire & Flood, a trusted name in disaster restoration since 2002, is officially joining the GUS network. Based in Cranbrook, the company has built a strong reputation across the Kootenays for 24/7 emergency response, certified expertise, and community-focused service.
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Gartner Predicts Global A.I. Spending Surge
Worldwide spending on artificial intelligence (AI) is forecast to total nearly USD 1.5 trillion in 2025, according to Gartner Inc., a business and technology insights company.
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In the InsurTech Spotlight this week:
Modular Solutions
Modular Solutions is a fully integrated, configurable insurance software platform designed to empower insurers, mutuals, MGAs, and brokers with programs. Built by insurance professionals for the insurance industry, our solution enables organizations to manage their entire operations through a single, affordable system. This includes management of the full policy lifecycle, claims, broker portal, direct-to-consumer, contracts, capacity, and end-to-end product design without any coding required. Plus, you have full 24/7 access to your data.
Learn more.
Calling all InsurTechs! Click here to participate.
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