Monthly Archive: June 2020

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Foodora workers vote to join Canadian Union of Postal Workers

Staff | June 17, 2020 While Foodora announced in April that it’s shutting down its Canadian operations, its Toronto and Mississauga drivers, nevertheless, have voted to join the Canadian Union of Postal Workers, making them the first app-based...

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OPSEU members latest to join OPTrust Select

Staff | June 17, 2020 Workplaces represented by the Ontario Public Service Employees Union are among the latest employers to join the OPSEU Pension Trust’s defined benefit plan, OPTrust Select. “This isn’t just a victory for the...

Georgia Judge Calls Viatical A Case Of Illegal ‘Wagering’

A Georgia federal court decision involving a viatical settlement of a term life policy is being appealed after a judge ruled the transfer an “unlawful wagering contract.” The lawsuit focuses on a 10-year, $500,000...

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Is InsurTech immune to COVID-19?

By John Bruno, Chief Operating Officer, Aon plc and Chief Executive Officer, Data & Analytic Services — In my last blog (“How InsurTech will save insurance from itself”), I talked about how the insurance...

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Guidewire Reimagines Insurance Core Platforms with Aspen Release

Unifying digital and analytics, with core, Aspen empowers business users to rapidly design and release new products in days First cloud-optimized release of InsuranceSuite empowers agility with visual product design, embedded analytics, and cloud-native...

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The New Demand for On-Demand: Slice Labs Whitepaper

In 2020, the world has changed; come together through the unexpected Get your copy of The New Demand for On-Demand: A Path Forward for Insurers New York, NY (June 17, 2020) – In the...

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Downside protection strategy saves LAPP $1.9 billion

Yaelle Gang, the Canadian Investment Review | June 17, 2020 The volatility caused by the coronavirus pandemic made the first quarter of 2020 rough for many Canadian defined benefit pension plans. In early June, the Local...

Low- And Middle-Class Families Dropping Life Insurance: Study

Even before the COVID-19 pandemic hit, ownership of life insurance fell among households earning less than $100,000, declining by 25% over the past 10 years. This year’s Insurance Barometer Study by LIMRA and Life...

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Achieving liquidity and diversification through life insurance

As the world continues to suffer from the financial and public health impacts of the novel coronavirus, several priorities have become top-of-mind for many Canadians. Aside from the obvious desire for liquidity, there’s an...

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GSC announces positive results from pharmacogenomic study

Green Shield Canada and HBM+, its health benefit managements solutions division, have announced the high-level results of a previously announced pharmacogenomics clinical trial study examining whether drug treatment can be improved using information about...