Insurable Interest Canadian Insurance Blog

79% of organizations are already engaging with physical AI,[1] with 27% already deploying or scaling solutions 60% of executives believe that physical AI will enable robotics adoption in areas that were once impossible or impractical 43% of executives are interested in physical AI as an enabler of domestic production at scale Paris, France (Apr. 16, 2026) – The Capgemini Research Institute has published a new report on ‘Physical AI: Taking human-robot collaboration to the next level,’ which explores the impact of physical AI on robotics and the value it could unlock for businesses. Physical AI marks a shift in robotics from automation to autonomous action in the real world. The opportunity it represents is widely recognized by executives across sectors, from high tech (93%) to warehousing and logistics (69%) and agriculture (59%), as well as the globe: with nearly three quarters of executives in the US, and around two thirds in Europe, and APAC in agreement. Moving from experimentation to business impact Physical AI is at an inflection point as technological breakthroughs and market forces converge to accelerate real‑world deployment at scale. Advances in foundation models are equipping robots with the intelligence needed to operate autonomously in complex environments, while...

Washington, DC (Apr. 26, 2026) – The safety benefits from features like automatic emergency braking, lane departure prevention and high-beam assist stack up as multiple systems are bundled together and updated versions deliver better results, a new study from the Highway Loss Data Institute shows. “These technologies are awesome,” said Matt Moore, chief insurance operations officer at HLDI and the Insurance Institute for Highway Safety. “As they improve and become more common, we are seeing compounding crash reductions.” To better understand this evolution, HLDI’s latest study examined the impact of the advanced driver assistance systems offered on 2015-23 Mazda vehicles, comparing six feature bundles and four other stand-alone systems. The most basic bundle consisted of a single feature — front automatic emergency braking (AEB), which in all these vehicles included forward collision warning. The most comprehensive bundle included front AEB with pedestrian detection, adaptive cruise control, high-beam assist, lane departure warning, lane departure prevention, rear AEB, and Driver Attention Alert — a feature designed to detect when the driver is fatigued or distracted. Bigger bundles, bigger benefits Not only were the larger bundles more comprehensive, but they also included more advanced versions of the technologies in the smaller bundles. That’s...

Montreal, QC (May 4, 2023) – Koïos Intelligence is pleased to announce that Humania Assurance, a Quebec-based Canadian life and health insurance company, has selected its AI-driven platform, Olivo, to automate quality assurance and regulatory compliance across its life insurance workflows. Olivo, Koïos Intelligence’s multi-agent AI platform, streamlines insurance workflows by combining conversational AI, intelligent document processing, and advanced automation capabilities. Its compliance module validates information consistency across multiple sources, evaluates applications against underwriting and regulatory requirements, and generates risk profiling summaries. Aligned with Humania’s systems, Olivo adapts to product-specific rules and regulatory requirements across multiple distribution channels. It also provides reviewers with structured reporting and direct access to supporting documentation, enabling more efficient and targeted audits. Olivo is built with strict confidentiality controls to protect sensitive customer data throughout ingestion and processing. “Our compliance teams were spending countless hours manually reviewing calls and documents to verify identity, health questionnaires, and policy accuracy,” said Luc Thibault, Senior Vice President, Operations. “Koïos Intelligence’s platform now automatically transcribes our agent-client interactions, aligns what was said with what was declared in forms, and flags discrepancies instantly with timestamped evidence. This allows us to conduct thorough audits at a scale that was previously impossible while...

Hartford, CT (May 7, 2026) – Artificial Intelligence (AI) search tools are now a part of how of some U.S. workers are making employee benefits decisions, particularly as inflation is driving up the cost of living, according to the Future of Benefits Study from The Hartford, a leading provider of employee benefits and absence management. The study found that 43% of U.S. workers are never sure they are choosing the right benefits – uncertainty that is driving a younger subset to seek guidance from AI search tools such as ChatGPT. Overall, 17% of U.S. workers used AI to help with benefits decisions during open enrollment. However, more than half of those workers were Gen Z. While younger workers express growing unease about AI’s broader impact on work and creativity according to a recent Gallup poll, Gen Z acknowledges AI’s relevance and is curious about it. “American workers are getting benefits information from more sources than ever before – HR portals, colleague and peer advice, and now AI,” said Mike Fish, head of Employee Benefits at The Hartford. “Regardless of how they prefer to receive their information, we help our employer clients provide support that’s easy to access using AI-backed tools...

Mississauga, ON (Apr. 29, 2026) – Marking the 10-year anniversary of the 2016 Fort McMurray wildfire, First Onsite Property Restoration is sharing new insights into how Canadians are thinking about wildfire risk today. Recent survey data shows growing concern about wildfires and smoke nationwide, underscoring the need for improved preparedness as communities continue to expand into fire-prone areas. Wildfires and a changing landscape Wildfires are a natural and essential part of Canada’s boreal forest ecosystem, helping to renew landscapes, recycle nutrients, and maintain ecological balance. For centuries, these fire cycles have played a vital role in shaping healthy forests. However, as communities expand further into densely forested areas, these natural processes are increasingly intersecting with where people live and work. This growing overlap is elevating risk, making wildfires not only an environmental reality, but also a significant and evolving threat to communities. Looking back: Fort McMurray On May 1, 2016, a wildfire ignited near Fort McMurray, Alberta, rapidly escalating due to extreme dryness. It destroyed approximately 2,400 homes, burned nearly 590,000 hectares, and displaced more than 88,000 residents in the largest evacuation in Alberta’s history. The Fort McMurray fire marked a turning point, bringing the scale and impact of wildfires...