by Bethan Moorcraft of Insurance Business Canada, June 5th, 2019 Innovation is now a top business priority for insurance firms across Canada. Companies are looking for a leg up in the digital era and they’re finding answers in the up and coming insurtech ecosystem. Insurtech investment in Canada has gone beyond the hype stage towards … Continued
by Bethan Moorcraft of Insurance Business Canada, May 29, 2019 When it comes to innovation, incumbent insurers have three main options: build, buy or partner. In general, only the largest firms with the deepest pockets opt to build technology solutions in-house. It’s a risky strategy because the technology will not have been tried and tested … Continued
by Daniel Malik of Canadian Underwriter, May 29, 2019 If you ain’t first, you’re last. That’s the mantra Ricky Bobby lives by in the movie Talladega Nights as a race car driver. But when it comes to innovation, if you ain’t first, you’re probably better off. It can be beneficial to sit back, have someone else be … Continued
by Paul Carroll of Insurance Thought Leadership, May 29, 2019 The insurance industry is often depicted as resistant to innovation, skeptical of the cost, and unsure of the benefits from embracing innovation and new technologies. So, it was gratifying to hear from a number of insurance leaders who are optimistic about insurtechs and innovation, confident … Continued
by Adam Malik of Canadian Underwriter, May 24, 2019 Consumers are experiencing innovation when it comes to buying cars, clothes, music and more. So when it comes to insurance, they’re expecting the same types of experiences. But they’re not entirely getting it. Ontario consumers can buy car insurance online. They can renew it, too. It’s … Continued
by Bethan Moorcraft of Insurance Business Canada, May 27, 2019 The insurtech tide is rising. Innovation has reached such heights in Canada that incumbent or legacy insurers can no longer swim against the tide and survive. Now, the onus lies with insurance companies in Canada to surf the insurtech riptide and build partnerships and alliances … Continued
TORONTO (PRWEB) MAY 23, 2019 PolicyAdvisor.com, the simple, quick, online brokerage for Canadians searching for life insurance and related products launched their online disability insurance quoting product today at the InsurTech North 2019 conference – the annual meeting of Canada’s insurance leaders and innovators. The online tool, the first-of-its-kind in Canada, enables working professionals, senior executives, … Continued
Attendees of InsurTech North will be able to view a unique pitch competition among startups, in which five leading startup incubators and accelerators nominate a startup from their program to be a contender in the InsurTech North Wolf Pack competition. The Wolf Pack, composed of insurance and innovation professionals serving as judges (including me), will hear … Continued
Toronto, Ontario (April 18, 2019) – MSA Research Inc. is pleased to announce the nominations for the Wolf Pack Startup Pitch Competition. The Wolf Pack competition will take place at the InsurTech North Conference being held May 23 & 24 at the Beanfield Centre in Toronto on the Exhibition Grounds. Top accelerators were asked to … Continued
Written by Guy Fraker posted April 9, 2019 on Insurance Thought Leadership. Click here to read original article. Summary: As the number of insurtech firms grew exponentially, so did the number of conferences on the subject. One stands out to the author. The insurtech movement spawned what some have called a cottage industry, others a revival, of insurance-focused conferences. … Continued
