Monthly Archive: May 2019

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Controlling and Engaging Policyholders With Enhanced Risk Mitigation

Carriers have a potentially significant opportunity to deploy enhanced risk mitigation techniques to policyholders: Aite Group report Boston, MA (May 9, 2019) – The challenge for P&C carriers has been that the actions and...

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Manulife transforms the Group Benefits experience in Canada

Manulife expands ground-breaking Vitality program to Group Benefits customers Launches new preventative health opioid management program Advances the future of medicine using new technology and innovations Toronto, ON (May 9, 2019) – Employee benefits...

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Use Software Accelerators to Fill That Elusive Twenty Percent

By Saifuddin Bhagat, X by 2 In the modern computer era of the last several decades, industries like auto, banking, and of course insurance have developed and re-developed their core processing systems many times...

Foresters Financial Bolsters Leadership As It Refocuses On Life Insurance

GlobeNewswire (Canada) Foresters Financial™ today announces the further bolstering of its senior leadership team with the appointment of its new Chief Operating Officer, Bruce Hodges, as the organization repositions itself to focus on its...

Lack of savings driving many boomers to consider delaying retirement

Twenty-one per cent of young baby boomers (ages 55 to 64) in Canada have not saved anything for retirement, according to Franklin Templeton‘s 2019 Retirement Income Strategies and Expectations (RISE) survey released May 8....

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Cybercrime Cost Canadian Companies More Than CAD$12M In 2018

Malware and people-based attacks the most common cyberattacks in Canada, reveals “Cost of Cybercrime Study” from Accenture and Ponemon Institute Toronto, ON (May 7, 2019) – The cost to Canadian companies from malware and...

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Sun Life launches virtual mental health examination

Sun Life has launched a virtual mental health exam that enables clients to be assessed without leaving their front door. To coincide with Mental Health Awareness Week, the company has started a three-month pilot...

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Finding the right annuities to meet retirement needs

In a recent survey, AIG Life & Retirement found that 53% of Americans plan to live until they’re 100 years old. However, 51% said they were uncertain that their current retirement savings plan would...

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Optimism on LTCI sales persists among agents

From an observer’s perspective, the gloomy headlines about long-term care insurance (LTCI) — particularly from news stories focused on issuers’ efforts to get approvals for rate increases for those holding in-force LTCI policies —...

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Provincial health plans’ sustainability at risk: C.D. Howe

While provincial governments are planning for healthcare budget growth that should be fiscally sustainable, the actual growth in healthcare costs is going beyond what the long-run ability of Canada’s economy and tax base can...