Covid-19 pandemic underscores challenges for life insurers Palo Alto, CA (Apr. 20, 2020) – Omniscience is pleased to announce a new software suite that will, for the first time, automate life insurance underwriting decision-making...
The global pandemic has altered driving behaviors and exposed a need for a more flexible, data-driven, pay-as-you-go auto insurance model Waterloo, ON (Apr. 21, 2020) – IMS, a subsidiary of Trak Global Group (TGG)...
Staff | April 21, 2020 Equitable Life Insurance Co. of Canada is offering premium relief for all of its traditional and myFlex group plans for health and dental benefits. Since many health practitioners have closed their offices...
Jean-Daniel Côté | April 21, 2020 In this time of pandemic, a lot has been shared about the woes of defined benefit pension plans, but members of capital accumulation plans are also feeling the impact, even though...
Staff | April 20, 2020 The Ontario Municipal Employees Retirement System is appointing Bob Aziz as its new chief operating officer and Michael Kelly as its chief legal and corporate affairs officer. In the new role, effective April 20,...
Toronto, ON (Apr. 16, 2020) – Apollo Insurance Solutions Ltd. (“Apollo Exchange”) is pleased to announce that Joel Schuster has joined the leadership team as Chief Operating Officer and General Counsel. Mr. Schuster brings...
InsuranceNewsNet By Shane McGonnell There are differing schools of thought on how the coronavirus is affecting — and could affect — the life settlement market. Over the past five years, the life settlement market...
Toronto, ON (Apr. 16, 2020) – The Financial Services Regulatory Authority of Ontario (FSRA) is continuing to work together with the sectors that it regulates to ensure that industry and consumers receive the support...
The NAIC’s Statutory Accounting Principles (E) Working Group adopted three interpretations related to COVID-19 last week. The statutory accounting exceptions allows insurance reporting entities to respond to policyholder needs for premium payment delays and...
Pacesetter’s new LiveClaims solution virtually connects P&C insurers, policyholders, third-party claims adjusters and insurance agents to enhance the policyholder experience, lower loss adjustment expense (LAE) and minimize on-site contact in the new COVID-19 economy...