INSURANCE INDUSTRY NEWS

Manulife Launches New Advisor AI Assistant
Manulife is pleased to announce the launch of the Manulife Advisor AI Assistant™, a new AI-powered capability designed to help advisors access underwriting guidance 24/7. Read more.

IBM, SAP Team Up To Advance AI-Readiness
IBM is pleased to introduce IBM Ready for SAP Solutions to help midsize and fast-growing organizations accelerate cloud ERP modernization, unify enterprise data, and establish an AI-ready digital core. Read more.

Top 5 Actions For CISOs To Take: Gartner
Gartner, Inc., a business and technology insights company, has identified five actions that chief information security officers should take by the end of 2026 to combat accelerating technological disruption. Read more.

Majesco Advances Intelligence Across Insurance
Majesco is pleased to announce its Fall '26 product release, accelerating AI within the Majesco intelligent core solutions to redefine how work gets done with immersive AI, helping organizations close talent capacity gaps, scale operations to empower growth, and improve business metrics through greater agility and value creation. Read more.

Coalition Launches Active Cyber Insurance For Enterprises In Canada
Coalition is pleased to introduce a new solution designed to meet the complex cyber risk needs of large Canadian organizations. Following the announcement of its expanded strategic relationship with Allianz Commercial, Coalition now offers up to CAD 35 million in cyber limits to large businesses in Canada, excluding Quebec. Read more.

CFC Launches Executive Cyber Protection For SME Leaders, Upgraded AI Cover
CFC is pleased to announce a major update to its Cyber Proactive Response (CPR) policy, introducing a series of enhancements designed to reflect the evolving nature of cyber risk for modern businesses. Read more.

Canadian Organizations Spending More On Cybersecurity: CIRA Survey
Three-quarters of Canadian organizations increased their cybersecurity budgets over the past year, but only two-thirds per cent believe their investment is sufficient to keep pace with the threats, according to the 2026 CIRA Cybersecurity Survey. Read more.

Ecclesiastical Helps Organizations Strengthen Cyber Resilience
Ecclesiastical Insurance is encouraging brokers and their clients to use Cyber Security Awareness Month as an opportunity to review their cyber risk management practices and strengthen their resilience. To support those conversations, Ecclesiastical offers free resources designed to help understand and manage cyber risk. Read more.

NTT DATA Launches AI Factory Munich
NTT DATA is pleased to announce the opening of the NTT DATA AI Factory Munich, a real-world environment where clients can test how their AI applications will perform at scale before they invest in broad deployments. Read more.

Politics Stunting Growth, Profitability: Beazley
Geopolitical tensions and political change are impacting growth and profits, according to Beazley's latest Spotlight on Geopolitical and Economic Risk report. Based on a survey of global business leaders, the report shows how businesses are adapting to a world where disruption is a permanent feature Read more.

Positive Case Studies From Renewable Energy
kWh Analytics has released its second annual Resilient Power Report, looking at a side of renewable energy risk that tends to receive less attention: what happens when resilience measures actually work. Read more.

Travellers Face Issues While Away: TD Survey
Nearly half of Canadians intend to leave their primary residence unattended this fall or winter for a vacation or other reasons, according to a new TD Insurance survey. While Canadians are largely confident they know how to prepare their homes before leaving, the poll reveals a gap between preparedness and understanding what their insurance policy may require. Read more.

Intact Releases Latest Catastrophe Loss Estimate
Intact Financial Corporation has provided an update regarding catastrophe events in the third quarter of 2026. Read more.

Brokerlink Grows Again In Alberta, Ontario
BrokerLink, one of Canada's largest property and casualty insurance brokerages, is pleased to welcome Gray Insurance (Edmonton, AB) and Beno Insurance (Schreiber, ON), effective October 1st. Read more.

In the InsurTech Spotlight this week:

Dundas Life
Dundas Life combines the best of the digital experience and high-quality insurance advisory. Insurance is complicated and shouldn't be left to robo-advisors. Our digitally enabled advisors make the insurance assessment process accessible while guiding you through all of life's hurdles in the decades ahead.

Calling all InsurTechs! Click here to participate.

From Doug Insurance Providers & Personal Assistant (AI Agent) Buyers Scenario: A provider of insurance – broker, MGA, insurance company – decides to make insurance available to personal assistants or AI agents. What are some of the considerations? Aside from the business decisions, there are process and technical requirements to be met. In simple terms, here are a few: Identity: Is this a personal assistant I am willing to do business with? Set up a Contact: Is a personal assistant a contact separate from the person or business it is representing? Product request: Is this request for a product I am serving in this channel? Present product schemata: Deliver the product details in a format the personal assistant can understand. Process the submission: Edit for errors until acceptable or rejected Quote: Return the terms and conditions Bind/issue/pay: Process an accepted quote Mid-term changes and renewal: Process changes and present options. Continual innovation and developments in processing digital insurance over the last two decades have provided a base for much of the required functionality – a solid base to build on. Personal assistants are here today, in insurance. But will they catch on? Will they eventually predominate? What factors will determine how quickly they multiply? Doug Grant, CIP Partner Insurance-Canada.ca