Insurable Interest Canadian Insurance Blog

New program enables agencies and brokerages to extend their technology strategy with certified integrations in a faster, more secure way Chicago, IL (Aug. 12, 2026) – Applied Systems® is pleased to announce it has launched its Vendor Certification Program, a new third-party integration program that provides customers with a fast, trusted way to extend the value of their Applied solutions. The new program formalizes Applied’s decades-long commitment to an open, connected ecosystem, giving vendors a clear, single path to certification and giving mutual customers a faster, lower-cost way to activate the technology partners of their choice. Every certified vendor completes a thorough onboarding and certification process, ensuring each integration meets Applied’s standards for quality and reliability before it ever reaches an agency or brokerage. Activating a certified integration is easy, faster than a standard integration build, and doesn’t require any additional purchase from Applied. Certified vendors have access to the latest Applied Epic releases, ensuring integrations stay current, reliable, and ready to meet their most demanding challenges. Initial companies with certified integrations include Ascend, Adapt, Coverflow, Fulcrum, Inteveo EcoLink, Lightspeed, Outmarket, Quandri, RecordLinker, Sonant, and Xilo, with more expected to join in the months ahead. “Applied has long supported a vibrant...

Insurers that connect modernization, AI, and operational transformation to customer affordability, preparedness, and trust will define the next era of insurance growth Morristown, NJ (July 1, 2026) – Majesco, the insurance industry’s foremost innovator in AI-native and cloud-native software, is pleased to announce the release of its latest Thought Leadership research report, The Insurance Alignment Gap: Where Insurer Priorities and Customer Protection Needs Converge…and Diverge. The research found that while insurers are prioritizing operational efficiency, profitability, core modernization, AI, and a more intelligent operating model, customers are focused on affordability, financial vulnerability, preparedness, relevance, and trust. The findings underscore that insurers and customers are often looking at the same problems from opposite perspectives, making it increasingly important for insurers to translate internal transformation into customer-relevant value. “The insurance industry is at a pivotal moment where enterprise transformation and customer expectations and reality can no longer evolve on separate tracks,” said Denise Garth, Chief Strategy Officer at Majesco. “Insurers are modernizing to improve efficiency, competitiveness, and agility, while customers are looking for protection that feels affordable, understandable, and relevant to the risks they face every day. The result is a strategic alignment challenge, but also a powerful growth opportunity. Insurers most...

New Spend Cube Enables Global Companies to Negotiate Smarter Deals with F&I Suppliers Pittsburgh, PA (Aug. 11, 2026) – Green Cabbage, the leading procurement intelligence partner for 2,600+ organizations across North America, EMEA, APAC, and LATAM, is pleased to announce the launch of its F&I (Finance & Insurance) Market Data Spend Cube. The F&I Spend Cube arms finance, procurement, and legal teams with independent market intelligence to identify spending patterns, eliminate overpayment, and unlock negotiation leverage across three critical spend categories: Market Data & Information Aggregators, Insurance & Financial Services Technology, and Financial Services Operations & Analytics. “This is what speed and client value looks like,” says Eric Cunningham, CEO of Green Cabbage. “Our clients asked for this, and it went directly into product in weeks, not quarters. This is a massive opportunity for CFOs. Finance & Insurance is one of the largest, most opaque spend categories on their balance sheet, and most have zero visibility into whether they’re getting market rates. The F&I Market Data Spend Cube represents Green Cabbage moving at the pace our clients expect: fast, focused, and ready to help finance and procurement teams unlock real value and negotiate from a position of market strength.” The...

Toronto, ON (Aug. 25, 2026) –  ISI is pleased to announce that Lawyers’ Mutual Insurance Company (LMIC) has successfully integrated ISI AI into its submission processing workflow. LMIC is using ISI AI to support the extraction, structuring, and review of application data across professional liability submissions. With the ISI AI Submission Agent now in production, LMIC’s underwriting team can access more complete, organized submission information earlier in the review process. Since going live, ISI AI now creates 67% of LMIC’s new business quotes with a 98%+ extraction accuracy rate prior to human involvement. This performance provides the foundation and reinforces the trust needed to expand AI’s role across LMIC’s day-to-day underwriting operations. “Launching AI into our day-to-day insurance workflows is an important step in continuing to meet our members’ needs,” said Andrew Chick, CEO at LMIC. “The accuracy and efficiency of ISI AI gives our team 15 to 20 minutes back per new business submission. This allows our underwriters to focus more time on risk evaluation, and the service experience our broker partners and members expect.” “LMIC’s go-live shows how insurers can move AI from concept to practical production use in underwriting,” said Doug Caccese, CEO at ISI. “For insurance...

Transaction brings together FortressFire’s physics-based wildfire risk modeling platform and FM’s leading engineering and research capabilities Johnston, RI (Aug. 10, 2026) – Commercial property insurer FM is pleased to announce the acquisition of FortressFire, a leading provider of wildfire intelligence that combines machine learning and physics-based modeling. Financial details of the transaction were not disclosed. Through a data-driven, science-backed approach to wildfire risk modeling, FortressFire helps protect homes, businesses and communities from wildfire loss. Operating as an independent, wholly owned division of FM, FortressFire’s platform enables insurers and property owners to better understand and manage wildfire risk down to an individual property level. Its wildfire intelligence solutions include aerial wildfire reports, monitoring, analytics, ground inspections and mitigation assessments to provide actionable, structure-specific insights and mitigation recommendations. “FortressFire shares FM’s core belief in the power of data-driven, location-based risk mitigation and protection measures to help clients better understand and manage wildfire exposure,” said Malcolm Roberts, chairman and chief executive officer of FM. “The FortressFire team brings powerful tools to assess and mitigate wildfire risk, and we are excited to welcome them to the FM family.” “For years we’ve argued that the best risk management is ignition prevention—and that the path to...

Acquisition brings together two proudly BC-based organizations and expands Westland’s presence across the Southern Interior Surrey, BC (Aug. 6, 2026) – Westland Insurance, one of Canada’s largest insurance brokerages, is pleased to announce that it has acquired Interior Savings Insurance Services Inc. (ISI), part of Beem Credit Union, effective August 1. This acquisition reflects Westland’s strategic focus on expanding its presence in BC and deepening the organization’s capabilities in personal and commercial insurance solutions, while bringing greater value to clients within their local communities. Based in BC, with 13 locations across the Thompson, Okanagan, and Similkameen regions, Interior Savings Insurance has been serving clients for over 80 years, building a strong reputation for personalized and trusted advice, tailored coverage, and long-standing client and community relationships. The firm offers a full suite of personal and commercial insurance solutions, including coverage for home, auto, travel, and business. The acquisition is strategically compelling for Westland because it broadens the company’s BC presence in communities where local knowledge and relationships matter and further solidifies Westland’s leadership in risk management solutions in these areas. Interior Savings Insurance also brings durable client relationships, a diversified insurance portfolio, and a community first perspective that closely align with...