Insurable Interest Canadian Insurance Blog

TD Insurance survey finds 84% say they don’t fully understand their coverage, highlighting a major insurance confidence gap Toronto, ON (Aug. 5, 2026) – As Canadians look for ways to manage rising costs, a new TD Insurance survey suggests some may be taking financial risks they don’t fully understand. One-third of Canadians say they would consider reducing their insurance coverage to save money, despite not fully understanding what their policies do and don’t cover. Key findings from the survey: 33% of Canadians say they would consider reducing their insurance coverage to save money Gen Z (55%) is most likely to cut back on insurance to reduce pressure on budgets 62% aren’t confident their coverage would fully protect them in an unexpected situation 84% don’t fully understand what their insurance does and doesn’t cover The findings point to a growing insurance confidence gap: Canadians are looking for ways to save money at a time when many don’t fully understand what their insurance covers or whether it would adequately protect them in an unexpected situation. While 85% of Canadians recognize the importance of insurance as a financial safeguard, half (50%) admit they don’t know what insurance coverage they currently have. “With the...

New cryogenic quantum fridges designed to link hundreds of quantum chips. Cooled to below 15 millikelvin, more than 180 times colder than deep space, the build out marks a step forward in the engineering required for future quantum computers. Advances IBM’s quantum roadmap to deliver the world’s first fault-tolerant quantum computer in 2029. New York, NY (Aug. 19, 2026) – IBM is pleased to announce it has successfully joined and cooled down two cryogenic modules into a single environment. The new architecture is designed to scale into the modular, shared, and ultra-cold system required to link hundreds of quantum chips into a more powerful quantum computer capable of solving large problems. Its deployment is a milestone on IBM’s path to delivering IBM Quantum Starling in 2029, which is expected to be the world’s first fault-tolerant quantum computer and will integrate advances across error correction, processor design, decoding, and systems engineering. [embedded content] Please visit https://youtu.be/wwMI6IhvwE0 if the embedded video player doesn’t work. Combined, the first two operational modules stand more than 8 feet tall and 8 feet wide, and initial tests demonstrated they can jointly cool down to 4 Kelvin (the temperature of liquid helium) in under 5 days, reaching...

Firm expands national in-house quantum computing capability to help shape the next wave of technological change Investment marks a shift from quantum experimentation to solving real business challenges for clients Advancement of in-house quantum capabilities helps organizations process highly sensitive data entirely within Canadian borders Toronto, ON (Aug. 5, 2026) – EY Canada is pleased to announce the expansion of its quantum computing capabilities to help clients solve increasingly complex business challenges in areas of optimization, fraud detection and large-scale risk management. The investment in an on-site quantum computer further enables the processing of highly sensitive workloads within Canadian borders, helping organizations meet growing security, privacy and regulatory requirements. “We’re shifting the conversation on quantum computing from concept to practical use for our clients in Canada and globally,” said Biren Agnihotri, Chief Technology Officer, EY Canada. “Quantum computing has the ability to solve complex challenges that classical computing alone cannot address. By combining local and global talent, ecosystem collaboration and leading-edge in-house quantum infrastructure, we’re accelerating how organizations translate quantum innovation into real-world capability.” Moving from experimentation to real-world application EY is continuing its Client Zero approach, developing and testing quantum-enabled solutions within its own environment to help move visionary...

Q&A with Eric Keller, Senior Director Analyst, Gartner Customer Service & Support Practice Gartner survey finds 87% of customers say companies using GenAI for customer service must provide access to a human agent Stamford, CT (Aug. 11, 2026) – Customers have mixed feelings using GenAI for customer support, as 50% of customers say their interactions are easier when companies use GenAI, yet 87% of customers say it is essential for companies to provide an option to reach a human agent when using GenAI, according to a Gartner survey. The Gartner survey of 3,566 B2B and B2C customers, conducted in February and March 2026, found that while customers are becoming more comfortable using AI to resolve service issues, they will push back when AI acts as a barrier to reaching a human. We spoke with Eric Keller, Sr Director Analyst in the Gartner Customer Service & Support Practice, to discuss how service and support leaders should design GenAI experiences that increase customer willingness to engage, support task completion and preserve access to human agents when needed. Q: Based on the Gartner survey, how should customer service leaders consider offering GenAI support to their customers? A: Customers are open to GenAI, but...

Beazley Security’s Q2 2026 Quarterly Threat Report finds agentic AI reshaping vulnerability research far faster than it is changing how attackers break in Disclosed vulnerabilities increased 36% in Q2, while confirmed exploitations in the wild only grew 10% Compromised credentials remained the leading initial access vector, accounting for 67% of ransomware intrusions investigated by Beazley Security Beazley Security Labs issued 40% more critical zero-day advisories to clients than in the previous quarter West Hartford, CT (Aug. 18, 2026) – Beazley Security has released its Quarterly Threat Report for Q2 2026, finding that the widespread adoption of agentic AI in vulnerability research drove a 36% quarter-over-quarter increase in newly disclosed vulnerabilities while the methods attackers used to breach organizations remained almost entirely unchanged. Vulnerabilities confirmed as actively exploited and added to the Cybersecurity and Infrastructure Security Agency’s (CISA) Known Exploited Vulnerabilities catalog rose only 10% over the same period, a gap that further amplifies an already difficult prioritization challenge facing security teams. AI reshapes vulnerability research faster than exploitation Disclosure volume has historically moved within a 10% band from quarter to quarter. That pattern broke in 2026, rising 18.5% in Q1 and another 36% in Q2. Beazley Security Labs (BSL) attributes the...

Purpose-built to bring the full power of Lockton’s proprietary data, advanced analytics, AI-enabled capabilities, and specialized expertise to client decisions, at scale Kansas City, MO (Aug. 4, 2026) – Lockton, the world’s largest privately held insurance brokerage and risk management firm, is pleased to announce the expanded availability of Lockton SAGE, its enterprise intelligence platform purpose-built to bring the full power of Lockton’s proprietary data, advanced analytics, AI-enabled capabilities, and specialized expertise to client decisions. First introduced within Lockton Re, Lockton SAGE is now being extended across the firm’s US broader business with capabilities spanning Risk Solutions, People Solutions, and Reinsurance. As organizations navigate increasingly complex workforce, financial, and risk decisions, many are challenged by disconnected data, siloed insights, and a growing wave of standalone AI tools that fail to deliver the full picture. “No firm is better positioned to lead clients into the age of AI than Lockton, but technology alone is never the advantage; real impact comes from combining powerful intelligence with exceptional people,” said Ron Lockton, Chairman and CEO of Lockton. “Our data, technology, and expertise were built together over time, not bolted on through acquisition, so they work as one, and we built Lockton SAGE to make our advisors better; giving them the insight...