Featured Articles Blog

Manulife Canada Unveils Streamlined Platform for Travel Agents 0

Manulife Canada Unveils Streamlined Platform for Travel Agents

Manulife, Canada’s Largest Travel Insurance Provider, modernizing process for agents to offer insurance solutions to travellers Toronto, ON (Aug. 26, 2025) – Manulife Canada is pleased to announce the launch of a new platform designed specifically for travel agents, making it easier to offer insurance solutions to their customers. The new platform promises new tools and enhanced technology that will continuously evolve to meet the needs of travel professionals and customers. “As a leader in the travel insurance industry, we’re continuously working to improve agent and customer experience. We’re thrilled to introduce this advanced system, which is an exciting step forward in our journey to innovate and simplify insurance solutions for both agents and travellers,” says Pamela Wong, Head of Travel Insurance and General Manager, Affinity at Manulife Canada. “Travel agents are essential to our industry, and we’re dedicated to equipping them with the tools they depend on. With this new system, we’re empowering professionals to confidently offer the travel insurance solutions their clients expect, helping create an easy and well-rounded travel planning experience.” In light of recent global disruptions, customers are increasingly prioritizing travel insurance as a key part of their planning—seeking greater protection and peace of mind. Trusted...

Markel Canada announces launch of Canada 360, comprehensive insurance solutions for cyber, tech and fintech 0

Markel Canada announces launch of Canada 360, comprehensive insurance solutions for cyber, tech and fintech

Toronto, ON (Aug. 26, 2025) – Markel Insurance, the insurance operations within Markel Group Inc. is pleased to announce the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis. Cyber 360 Canada is tailored to meet the needs of Canadian clients seeking standalone cyber coverage. The coverage is designed to address evolving threats, ensuring robust protection for clients now and in the future. Alongside the premium insurance product, Cyber 360 Canada has developed a comprehensive suite of pre-breach services in partnership with leading industry experts. Markel Canada’s goal is to assist clients throughout every stage of their risk transfer lifecycle. Tech 360 Canada is a modular primary insurance solution specifically designed for the technology sector. It offers clients the flexibility to combine Technology Errors and Omissions coverage with Cyber coverage and Management Liability—including Directors and Officers, Employment Practices Liability, and Fiduciary Liability—under one single policy. Building on the success of the longstanding Markel Fintech policy, Fintech 360 Canada reaffirms Markel’s position as a leader in this vital subsector of the Canadian technology market. Specifically designed for fintech organizations, Fintech 360 Canada offers customizable coverage that can include Cyber Liability, Management...

0

Judge Dismisses Lawsuit Against Detroit Officer in Facial Recognition Arrest

Article 0 Comments A judge has dismissed a lawsuit against Detroit police in the wrongful arrest of a pregnant woman who was charged in a carjacking partly because of facial recognition technology. Porcha Woodruff, who was eight months pregnant, spent 10 hours in jail after she was arrested at her suburban Detroit home while getting children ready for school in February 2023. Police admitted she was the wrong suspect, and charges were eventually dropped. Detroit has changed how it uses facial recognition technology based on Woodruff’s arrest and another case. U.S. District Judge Judith Levy said Woodruff’s arrest and time in jail “are troubling for many reasons.” But she dismissed a civil rights lawsuit against the officer who prepared the arrest warrant, saying Woodruff’s lawyer didn’t show that the officer lacked probable cause. The officer was not immediately aware of any “exculpatory evidence” that would have ruled out Woodruff as an accomplice in a carjacking, the judge said in an Aug. 5 decision. Police put a file photo of Woodruff in a photo lineup after gas station video from the scene was run through facial recognition technology. The carjacking victim picked Woodruff, who was among other women in the lineup....

0

Gen X Retirement Savers Need Emotional Security

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

0

PNC, Chase, Zelle Outages Reported

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

CSIO Awards eDocs Certification to Two Insurers, Improving their Standards Certification Ratings 0

CSIO Awards eDocs Certification to Two Insurers, Improving their Standards Certification Ratings

Toronto, ON (Aug. 26, 2025) – CSIO is pleased to announce that Max Insurance and The Commonwell Mutual Insurance Group (The Commonwell) have achieved CSIO’s eDocs Certification for enhanced data connectivity with brokers. Both insurers were awarded eDocs Certification by demonstrating that all of their eDocs contain the updated codes and descriptions when sent to Broker Management Systems (BMS). Additionally, all BMS vendors have implemented the updated eDocs Standards, enabling brokers to receive clearly-labelled eDocs in their BMS once deployed to production. As a result, brokers will instantly recognize the contents of each eDoc they receive, helping them accomplish customer-related tasks more efficiently. By earning eDocs Certification, The Commonwell has elevated its Standards Certification Rating to Platinum for personal lines, the highest Rating, and Gold for commercial lines. Additionally, Max Insurance has improved its Rating to Gold for personal lines. “We are committed to making insurance easier through Data Standards, and in doing so, we’re thrilled to receive CSIO’s eDocs Certification and Platinum Standards Certification Rating for personal lines,” said Tim Shauf, President and Chief Executive Officer of The Commonwell Mutual Insurance Group. “This achievement exemplifies our support for brokers in continuously providing expert advice and the optimal insurance coverage...

Canadians say accommodation costs are the top barrier to travel this year, but many are embracing home-swapping 0

Canadians say accommodation costs are the top barrier to travel this year, but many are embracing home-swapping

Nearly half of Canadians say accommodation eats up over 30 per cent of their vacation budget, and 28 per cent are open to home swapping to cut costs Vancouver, BC (Aug. 29, 2025) – A new national survey from HomeExchange reveals that in 2025, Canadians are travelling differently, driven by economic uncertainty and a desire to make their vacation budgets go further. With nearly half (46 per cent) choosing to stay within Canada and 22 per cent saying the Canadian dollar doesn’t go far abroad, travellers are getting creative to avoid rising costs – and for many, that includes rethinking where they stay. Accommodation remains one of the biggest travel expenses, with almost half of Canadians reporting that lodging eats up more than 30 per cent of their total vacation budget. For 17 per cent, that figure rises to over 50 per cent. In response, more travellers are looking beyond hotels and vacation rentals to find affordable, value-based alternatives. Twenty-eight per cent of Canadians say they would consider using a home-swapping platform with no nightly fees, such as HomeExchange, to make travel more accessible without sacrificing comfort or experience. HomeExchange, the world’s largest and most established home-swapping community with over...

GUS Expands into Prince Edward Island with the Addition of DJC Construction 0

GUS Expands into Prince Edward Island with the Addition of DJC Construction

Charlottetown, PEI (Aug. 21, 2025) – GUS, Canada’s largest 100% Canadian-owned and operated network of property restoration professionals, is proud to announce its expansion into Prince Edward Island with the addition of DJC Construction to its group. This marks a significant step for GUS in strengthening its presence in Atlantic Canada, bringing trusted restoration services to the Island, backed by a team deeply rooted in the community. DJC started out small, with founder and owner Declan Shiels following his passion for creating and building. Working evenings and weekends to bring customer visions to life, Declan quickly built a reputation for quality and reliability. In 2019, he officially launched DJC Construction, incorporating the company and expanding it to a small crew of four. In 2021, Brett Newcombe joined the company, bringing entrepreneurial experience from Nova Scotia. In 2024, Kaylah Gormley came on board full time, contributing operational expertise and a strong community focus. Together, the leadership team has driven nearly 1000 percent growth and earned the Emerging Business Award from the Charlottetown Chamber of Commerce. “As a trusted company here on Prince Edward Island, we believe our community deserves a dependable partner in restoration, someone who shows up, does it right,...

0

10 Worst-Performing Stock ETFs: Morningstar, August 2025

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

0

Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting

Article 0 Comments International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will deliver additional capacity to Ryan Specialty Underwriting Managers’ portfolio of syndicated delegated authority P/C insurance business. RSUM is the delegated authority underwriting division within Ryan Specialty. “We believe this sidecar’s unique scope makes it the first of its kind in the reinsurance marketplace,” said Miles Wuller, CEO of RSUM, in a statement. “RAC Re is a multi-year, multi-class P/C vehicle that provides capacity for specialty cat and non-cat property and casualty risks across our diverse, largely non-correlated portfolio of MGAs.” This flagship sidecar will provide reinsurance capital on a risk-attaching basis over a multi-year period to further support the potential growth of RSUM’s delegated platform. RAC Re raised approximately $400 million in committed capital from funds managed by Flexpoint Ford and Sixth Street. RAC Re will provide RSUM with an anticipated $900 million in multi-year premium capacity and has been launched through a trading relationship with global specialty reinsurer Axis Capital. Axis will support the transaction via its Lloyd’s of London syndicate 1686. “This vehicle marks a significant opportunity for RSUM to...