Insurable Interest Canadian Insurance Blog

Singapore (June 8, 2026) – Employers face a growing challenge as artificial intelligence (AI) reshapes how work is done, with new research from WTW highlighting a rise in the ‘fear of becoming obsolete’ among employees. WTW’s 2026 Employee Experience (EX) Global Market Study points to a widening gap between the pace of technological change and employee readiness. While AI adoption is accelerating rapidly, many organisations are not yet equipped to support their workforce through the transition. According to the study, 59% of employers expect AI to fundamentally change how employee experience is messaged, managed and delivered within the next three years, rising to 89% over the next decade. At the same time, the share of work handled through automation and digital tools is expected to more than double, from 14% today to 31% within three years. The study finds that this creates fertile ground for employees to fear they will become obsolete, as they question their relevance in a more automated workplace. To counter this, WTW has identified the need for employers to shift from only measuring employee engagement, as an indicator of how people feel about their work and their willingness to give effort, to employee impact, as a measure...

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...