Insurable Interest Canadian Insurance Blog

Companies aim to remove two of the biggest barriers blocking enterprise risk modernization: cost and complexity of migrating off legacy cybersecurity platforms New York, NY (July 1, 2026) – Accenture and ServiceNow, the AI control tower for business reinvention, are pleased to announce the launch of a joint offering with two core components: managed security services built on the ServiceNow AI Platform and an Accenture AI-powered solution that automates migration from legacy systems to ServiceNow. Together, Accenture and ServiceNow are removing two of the biggest barriers blocking enterprise risk modernization: cost and complexity of migrating off legacy cybersecurity platforms. Data breach costs continue to surge in the U.S., reaching an all-time high of $10.22 million in 2025 per incident, up 9% year over year. Additionally, AI is compressing the window between a vulnerability being discovered and exploited from months to mere hours. As cyberattacks grow in speed and sophistication, Accenture and ServiceNow are equipping organizations with essential risk management services powered by agentic AI to stay ahead of evolving threats, strengthen long-term cyber resilience, and combat the escalating scale, severity, and financial cost of cyberattacks. “Cyber resilience is a clear business imperative as organizations face a growing volume of threats...

NTT DATA leveraging Cursor to strengthen its own engineering and delivery model Enterprise-grade governance helps modernize and transform delivery with greater trust and control London, UK (July 1, 2026) – NTT DATA, a global leader in AI, digital business and technology services, is pleased to announce a strategic partnership with Cursor, the leading multi-model AI coding platform. Under this initiative, NTT DATA will use Cursor’s advanced AI agents to power the innovation of its global software engineering and delivery models. Cursor will enable NTT DATA to design, build and modernize enterprise systems with greater speed and control, while supporting the governance enterprises require. The collaboration marks a strategic advancement in NTT DATA’s transformation into an AI-native services company, enhancing how the company designs, builds and modernizes mission-critical systems. NTT DATA is operationalizing AI inside its engineering and delivery engine with enterprise-grade controls to enable faster modernization of clients’ legacy estates, accelerate cloud and AI transformation initiatives, and drive greater consistency across delivery environments. Including AI agents directly in the engineering layer helps ensure that application modernization and development efforts remain aligned with enterprise-wide AI strategies. These capabilities enhance NTT DATA’s broader full-stack portfolio. “Enterprise modernization is no longer just about...

Businesses are facing a permanent high-risk environment, as sharp rises in technology, geopolitical and regulatory threats create a more volatile operating environment and force tougher strategic choices, according to new research from global law firm Clyde & Co. 86% of business leaders now rate technological risk as high impact, up from 46% last year 72% say geopolitical risk is having a direct commercial impact, up from 49% 85% cite regulatory and compliance burden as high impact, up from 54% Four in five organisations say geopolitical shifts are influencing where and how they operate globally Nearly six in ten say the complexity of overlapping risks is the biggest barrier to managing them effectively London, UK (July 1, 2026) – The latest edition of Clyde & Co.’s Corporate Risk Radar report, based on a survey of 700 senior decision-makers across eight regions and ten sectors, shows sharp year-on-year increases across every major risk category. Respondents – including CEOs, CFOs, COOs, General Counsel and board members – represent organizations with an average global turnover of $14.7 billion. The findings suggest risk is no longer being experienced as a series of isolated challenges. Instead, business leaders are increasingly dealing with risks that overlap, compound and...

New KPMG research finds a disconnect between sustainability strategy and financial decision-making, leaving value at risk. 72 percent of executives understand their sustainability strategies but only 19% can quantify how it will impact their future performance Four in five companies are unable to measure how sustainability affects profits, cash flow or valuation, leaving risks and opportunities largely unpriced 60 percent say they factor sustainability into financial planning but very few can translate it into EBITDA, CapEx or balance sheet impacts Sectors leading on the use of advanced valuation methodologies include banking and capital markets (33 percent), energy and natural resources (31 percent), and automotive (27 percent)  Redmond, WA (July 10, 2026) – A significant gap remains between companies’ understanding of sustainability and their ability to translate it into financial value, according to a new global KPMG study. The study, Closing the Sustainability Valuation Gap, reveals that while 72% of executives say they understand their organization’s sustainability strategy, metrics and performance, only 19% apply robust quantification approaches to measure its financial impact, highlighting a critical disconnect at the center of corporate decision-making. Surveying over 2,000 executives across 19 countries and territories, the study finds sustainability is now firmly on the boardroom...

Quebec City, QC (June 30, 2026) – With climate change continuing to raise concerns, eco-anxiety is emerging as a key mental health issue in the workplace. Announced at the inaugural summit of Québec Capitale Climat in 2025, a study has since been conducted by the Université Laval’s Research Chair in Mental Health, Self-Management and Work, powered by Beneva. Based on responses from 2,020 employees and managers, this first large-scale analysis of SMEs reveals that environmental concern is high at 59.3 out of 100, while consequences on performance remain moderate at 28.7 out of 100. This gap provides a strategic window of opportunity to mitigate the negative effects on wellbeing and performance, especially since eco-anxiety has been added to the list of mental health risk factors in the workplace. At a recent business webinar on eco-anxiety in the workplace, the same conclusion was drawn by those in attendance: better understanding the issue is a step in the right direction. In addition to the phenomenon and the main findings of the study, it covered how this paradigm shift can serve as a catalyst for mobilization, discussion and sustainable engagement within organizations. “Eco-anxiety should not be seen solely as a risk, but as a sign...