Estimated insured losses from natural catastrophes on track to exceed USD 135 billion in 2024 Hurricane Helene and Hurricane Milton severely impacted the US, resulting in estimated insured losses approaching USD 50 billion Major floods hit Europe and the Middle East, causing estimated insured losses of close to USD 13 billion as of today Armonk, NY (Dec. 5, 2024) – With... Read more » The post Severe weather drives insured losses above USD 100 billion for 5th consecutive year, says Swiss Re Institute appeared first on Insurance-Canada.ca ..read more

Clients can enjoy instant watch and jewelry coverage before leaving the showroom Boston, MA (Dec. 3, 2024) – Watches of Switzerland Group, a business built on delivering world-class client experiences, has partnered with leading embedded insurance provider Zillion to offer a valuable client benefit at point of sale. Watches of Switzerland clients can now enjoy... Read more » The post Watches of Switzerland Group and Zillion Partner to Offer an Embedded Insurance Benefit to Clients at Point of Sale appeared first on Insurance-Canada.ca ..read more

Digital Claims Reporting Now Outperforms Phone-Based Communication: J.D. Power 2024 U.S. Claims Digital Experience Study Troy, MI (Dec. 3, 2024) – Auto and home insurers have spent the past year adding dozens of new features and refinements to their mobile apps, such as automatic collision reporting capabilities, enhanced image upload and body shop selection tools.... Read more » The post Customer Satisfaction with Digital Claims Process Surges as Insurance Carriers Load New Features onto Apps: J.D. Power appeared first on Insurance-Canada.ca ..read more

Vehicle Interruption Cover aims to provide benefits and protection for Uber drivers in the UK when their car is off the road The UK is the first market to unveil this benefit for Uber drivers Product offered in a joint collaboration with the insurtech Indeez London, UK (Dec. 3, 2024) – Allianz Partners, a leader... Read more » The post Allianz Partners, Uber and Indeez launch Vehicle Interruption Cover for Uber drivers in UK appeared first on Insurance-Canada.ca ..read more

New York, NY (Dec. 4, 2024) – CoverGo, the leading global no-code, AI insurance platform for health, life, and P&C, is pleased to announce the launch of CoverGo Claims, a next-generation AI-powered platform that redefines how health insurers and third-party administrators (TPAs) manage health claims through a comprehensive, end-to-end solution for claims management. From end-to-end... Read more » The post CoverGo launches next-gen AI-powered health claims management platform appeared first on Insurance-Canada.ca ..read more

Stay Competitive With a ‘Lean in, Seek Opportunity’ Approach to Strengthen Financial Stability, Workforce Vitality and Build Resilience Chicago, IL (Dec. 3, 2024) – Hub International Limited, a leading global insurance brokerage and financial services firm, has released the HUB 2025 North American Outlook Report, which features insights from the Executive Survey and reveals many... Read more » The post Three-Quarters of Companies Underinsured Against Profit-Threatening Risks: Hub 2025 Outlook Report appeared first on Insurance-Canada.ca ..read more

Scottsdale, AZ (Dec. 3, 2024) – VCA Software, a leading provider of claims management solutions, is excited to introduce InsuredConnect, a mobile app designed to give policyholders seamless access to their insurance claims. InsuredConnect simplifies the claims process by giving users the tools they need to report claims instantly, track their progress, and stay informed... Read more » The post VCA Software Launches InsuredConnect Mobile App to Enhance Policyholder Satisfaction and Retention appeared first on Insurance-Canada.ca ..read more

By Gautam Jit Kanwar, President, BelWo Inc. — As insurers continue their digital transformation, many face the challenge of how to handle the complexity of producing and delivering communications through a policyholder’s channel of choice. To stay competitive, insurers must effectively manage customer touchpoints—whether it be print or email or SMS text on a mobile... Read more » The post Unlocking the Best Path: Three Approaches to Effective Customer Communications Management appeared first on Insurance-Canada.ca ..read more

Markham, ON (Dec. 2, 2024) – McDougall Insurance Brokers Ltd. is pleased to announce that they have combined with Cornell Insurance Brokers Ltd., based in Markham, Ontario, and are welcoming Cornell’s excellent brokers to the McDougall Insurance team. “We have always admired Cornell as a business and hoped for an opportunity to work with them,”... Read more » The post McDougall Insurance Acquires Cornell Insurance appeared first on Insurance-Canada.ca ..read more

Vancouver, BC (Nov. 29, 2024) – AMC Insurance Services Ltd. is pleased to announce the acquisition of Kastelein Stout Insurance Agencies Inc., based in New Westminster, BC, effective November 15, 2024. This acquisition marks AMC’s 11th location and extends our presence into a vibrant new community we are eager to serve.Kastelein Stout Insurance Agencies has... Read more » The post AMC Insurance Services Ltd. Announces Acquisition of Kastelein Stout Insurance Agencies Inc. appeared first on Insurance-Canada.ca ..read more