Insurable Interest Canadian Insurance Blog

Waterloo, ON (June 2, 2026) – OpenText™, a global leader in data management for enterprise AI, is pleased to announce it has joined the OECD’s Hiroshima AI Process (HAIP) Reporting Framework, the international mechanism where organizations demonstrate alignment with the G7’s voluntary code of conduct for the safe development and deployment of advanced AI. “Trust in AI begins with the data underneath the model and how it is governed, protected and contextualized,” said Ayman Antoun, Chief Executive Officer of OpenText. “OpenText has been building that foundation for 35 years. Our participation in HAIP is a natural extension of that commitment and ensures the emerging global framework reflects the realities of enterprise-grade agentic AI deployment.” The move positions OpenText, steward of human, machine and transactional data for more than 120,000 enterprises and governments in 180 countries, as an active participant in ensuring agentic AI can be trusted and drive measurable value for public and private sectors alike. More than $15 trillion (CAD) in annual B2B commerce flows through OpenText’s Business Network, and the company manages the unstructured content and machine-generated operational data that regulated enterprises run on every day, giving it a data foundation of exceptional breadth to bring to the...

Toronto, ON (June 2, 2026) – As Canadians navigate rising health costs and a complex health system with persistent gaps in access to care, GreenShield is demonstrating how purpose can guide innovation at scale.  As Canada’s only national non-profit health care and insurance organization, GreenShield’s purpose shapes what it builds, invests in, and scales, ensuring that business performance directly advances its mission of Better Health for All, including communities facing the greatest barriers to care. These outcomes mark the conclusion of GreenShield’s 2025 strategic plan, which focused on diversifying the organization to become Canada’s first payer‑provider. This shift was deliberately pursued to deepen GreenShield’s social mission by bringing coverage, care, and social impact closer together. This approach is detailed in GreenShield’s newly released 2025 Impact Report, Innovating with Purpose, which shows how purpose-driven innovation connects GreenShield’s business growth with its social impact. Through its Creating Shared Value model, innovation across coverage, care, and support for underserved communities is guided first by need, strengthened through collaboration and scaled through disciplined, outcomes-focused execution. In many cases, this work positions GreenShield as a convener, bringing together partners across sectors to align capabilities to build and scale solutions around shared health goals. Between 2020...

Armonk, NY (May 27, 2026) – Artificial intelligence is emerging as a powerful enabler of asset management but only when paired with trusted data, clear governance, and strong organizational change. That message resonated during a recent IBM-hosted discussion that brought together asset management leaders from public and private sector organizations to share practical experiences with AI‑enabled asset management. Participants emphasized that AI is not a quick fix, but a long‑term accelerator of established practices. Denzil Solomon, VP Emerging Technology, Thought Leader and Advisor at FAHM Technology, underscored the importance of patience and strategy: “AI is in it for the long term, just like asset management,” he noted. “You might see quick gains, but the real value builds over time.” For municipalities, early investments in enterprise asset management have already delivered measurable benefits. Jennifer Wrzala, Business Analyst and innovative thinker with the City of Cambridge, reflected on her organization’s journey: “Right away, we started seeing benefits,” she said. “We went from everyone speaking different languages about the same assets to having one common language and one system.” Reliable data surfaced as a consistent theme throughout the discussion. Participants repeatedly highlighted that technology alone cannot compensate for weak foundations. Without accurate, standardized...

Toronto, ON (June 2, 2026) – CAA South Central Ontario (CAA SCO) is warning that car theft is becoming more sophisticated and more personal, with criminals now targeting drivers directly using a mix of distraction tactics and high-tech tools. Police services across Canada have recently warned of an increase in “distraction thefts” occurring in parking lots, shopping centres, and other busy areas. At the same time, thieves are continuing to use relay attacks and key-fob signal-interception technology to unlock and steal vehicles without physical force. CAA cautions that these tactics are now being used together, creating new risks for drivers. A New Combination of Tactics This emerging method involves criminals engaging drivers in brief interactions near their vehicle while simultaneously using electronic devices to capture or amplify key fob signals. As a result, key fob-related auto theft is no longer limited to driveways or overnight incidents. Close physical proximity between drivers, their key fobs, and their vehicles can be exploited. These thefts can occur quickly and subtly, often without the driver immediately realizing anything has happened. In some cases, drivers may later notice an alert that their vehicle key is missing. This is an early sign that something is wrong....

New data reveals one-fifth of work time impacted by health challenges, putting pressure on employees and workplaces Toronto, ON (June 2, 2026) – Health challenges are significantly impacting both employee well-being and workplace productivity across Canada, according to The Wellness Report by Manulife Canada. Drawing on responses from nearly 4,700 employees across 159 organizations with a Manulife Group Benefits plan, the report reveals that while three per cent of total working time is lost to absences due to health issues, a much larger portion – 19 per cent – is affected by health-related productivity challenges. Combined, this represents the equivalent of 46 lost working days per employee each year under a standard five-day work week. Crucially, most of this lost productivity occurs while employees are still on the job. Health challenges, like mental fatigue, stress, and burnout are undermining focus, energy and the ability to perform at full capacity. “Losing the equivalent of 46 working days per employee isn’t just a productivity issue, it tells us people are struggling in ways we don’t always see,” said Ashesh Desai, Head of Group Benefits at Manulife Canada. “Employees are still showing up, but burnout and mental fatigue are limiting how they contribute and...