Disruptors & Tech

Disruptors & TechAdvancing technology is changing the way we do business and insurance. Customer expectations are changing along with innovative technology, and therefore the P&C industry is ripe for disruption. While several insurers and brokers are reacting with disruptive solutions, disruption from outside the industry is a current threat and opportunity. Who will be the next disruptor? And how will the industry respond?
State Farm Canada launches app with telematics program

State Farm Canada launches app with telematics program

Customers can also access water leakage prevention program and their own policies through the app

Excalibur Insurance adds business insurance to its online quote-to-bind selection

Excalibur Insurance adds business insurance to its online quote-to-bind selection

The brokerage will continue expand the number of insurance products it can provide to customers through its website

Machine learning to affect consumer pricing, costs of product development: survey

Machine learning to affect consumer pricing, costs of product development: survey

Insurance professionals share their views on what this technology will mean to the industry

The toughest challenge for self-driving cars? Human drivers

The toughest challenge for self-driving cars? Human drivers

Rules-oriented autonomous vehicles will find it difficult to interact with individual human driving behaviours

Clean tech industry has plenty of potential, and potential hurdles, says report

Clean tech industry has plenty of potential, and potential hurdles, says report

Report also says Canada needs to rapidly phase out fossil fuels and immediately move to eliminate fossil fuel subsidies.

2016 ends with record-breaking CAT loss and dramatic decline in income

2016 ends with record-breaking CAT loss and dramatic decline in income

The year is also notable for insurers’ strategic ventures, according to new MSA report

Popularity of sharing economy businesses requires movement on specialized coverage: IIC

Popularity of sharing economy businesses requires movement on specialized coverage: IIC

These businesses require protection of property used for both personal and commercial purposes

Sonnet’s capabilities can help brokers: Economical

Sonnet’s capabilities can help brokers: Economical

The insurer wants to apply lessons learned from Sonnet to the businesses of their broker partners

P&C industry must simplify product design and distribution: Swiss Re

P&C industry must simplify product design and distribution: Swiss Re

Increased customization and affordability of products are critical

Brokers won’t fail if they’re not “the next Sonnet”: Insurance Jack COO

Brokers won’t fail if they’re not “the next Sonnet”: Insurance Jack COO

Brokers concerned about competing with direct insurance channels and disruptors need not be hindered by small teams and limited budgets if they’re driven to succeed …

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Transcontinental Media G.P.