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?
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 …

Intact Financial donates $2.5 million to new AI institute

Intact Financial donates $2.5 million to new AI institute

The Vector Institute is receiving support from a number of financial services institutions as well as the governments of Ontario and Canada

New InsurTech company set to disrupt P&C insurance in Canada

New InsurTech company set to disrupt P&C insurance in Canada

Tuque to offer home, auto, business, legal and tax insurance through new app

RISK: Clean tech revolution is the upside to climate change

RISK: Clean tech revolution is the upside to climate change

Changes “will not happen spontaneously.”

Fintech startups disrupt less and less

Fintech startups disrupt less and less

“I wouldn’t want to punch [banks] any more than we need to.”

Insurers to Put More Cash Into Tech in 2015: Survey

Insurers to Put More Cash Into Tech in 2015: Survey

Local and unconventional insurers are biggest risk, respondents say

Consumers want more interaction with insurers via mobile devices

Consumers want more interaction with insurers via mobile devices

55% of consumers prefer to engage via email and smartphones: survey

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Transcontinental Media G.P.