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?
Mobile app data can solve insurance industry problems: TrueMotion CEO

Mobile app data can solve insurance industry problems: TrueMotion CEO

UBI programs, claims and distracted driving could be positively impacted, says Ted Gramer

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

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 …

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

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Transcontinental Media G.P.