Insurable Interest Canadian Insurance Blog

truMarket is a CMS on steroids, added in rating and workflow automation Toronto, ON (Mar. 19, 2024) – In an industry-defining moment, Trufla is thrilled to unveil truMarket, a revolutionary customer relationship management (CRM) platform set to redefine the standards of insurance quoting and customer management. Crafted with groundbreaking features and an unwavering commitment to efficiency, data integration, and an unparalleled user experience, truMarket emerges as the quintessential tool for insurance brokers eager to transcend traditional client management boundaries. truMarket not only promises to elevate the operational capabilities of insurance brokers, carriers, and MGAs across the board but also to catalyze their growth, efficiency, and client service and retention strategies. Sherif Gemayel, CEO of Trufla, encapsulates the essence of truMarket, stating, “Imagine the collaborative genius of Salesforce’s adaptability, HubSpot’s lead management prowess, and Mulesoft’s seamless workflow automation—all converging to birth truMarket. That’s the level of innovation we’re bringing to the table.” Among its suite of transformative features, truMarket boasts instant home and auto, q  integrated with Trudi – Trufla’s AI rater, comprehensive data dashboards for unparalleled insight, API rating capabilities, rating engine integration, and automated data retrieval for accelerated quoting processes. Other rating verticals include cyber, D&O, E&O, CGL and...

Toronto, ON (Mar. 20, 2024) – Messagepoint Inc. is pleased to announce it has been named a winner for the second year in a row of Business Intelligence Group’s Artificial Intelligence (AI) Excellence Awards, in the generative AI subcategory. The Artificial Intelligence Excellence Awards identify and recognize the truly unique solutions that stand out in a crowded AI space. Messagepoint won for its Assisted Authoring, which harnesses the power of generative AI to help users create clearer, more consistent and compliant content faster than ever before. Messagepoint is recognized for being the first customer communications management (CCM) industry software provider to offer generative AI capabilities that support content optimization for plain language, reading levels, sentiment, length and translation. Messagepoint’s proprietary AI Messagepoint Advanced Rationalization and Content Intelligence Engine (MARCIE) plays a key role in that process by powering Assisted Authoring, which was initially released in 2020, along with semantic and syntactic algorithms to identify issues in reading levels, sentiment and brand consistency. In 2023, Messagepoint released new generative AI-powered capabilities to augment Assisted Authoring’s issue detection capabilities with content rewrites. Assisted Authoring now supports plain language rewrites that align with the new ISO standard, corrections for reading levels and sentiment...

Report includes new ACORD research revealing a material correlation between high-performing insurance organization Total Shareholder Return (TSR) and use of ACORD assets New York, NY (Mar. 20, 2024) – ACORD, the global standards-setting body for the insurance industry, is pleased to announce the release of its 2023 Member Report, detailing its efforts on behalf of its members over the past year. ACORD welcomed more than 100 new members across various stakeholder types, from carriers to brokers to solution providers. The report notes several key achievements, including: Expansion of ACORD Next-Generation Digital Standards (NGDS), which provide lightweight, technology-agnostic Standards for use in fine-grained transactions, such as microservices and RESTful APIs Support of London Market modernization with ACORD Global Reinsurance and Large Commercial Standards as the market’s chosen method of data exchange Enhancements to ACORD Transcriber, ACORD Solutions Group’s intelligent document processing solution, with launches of extended features leveraging AI- and ML-enabled models to facilitate fast and accurate data extraction and population. “ACORD is in a unique position to help shape the future of insurance,” said Bill Pieroni, President & CEO of ACORD, in his annual message to the ACORD member community. “We have witnessed great change in the industry, and ACORD has grown and changed alongside our members....

Toronto, ON (Mar. 21, 2024) — Join Insurance-Canada.ca, a cutting-edge firm driving innovation at the crossroads of insurance and technology. As a forward-thinking organization, we are in search of a Part-Time Event Strategist to play a crucial role in shaping our event agendas and securing dynamic speakers. If you possess a deep understanding of the Property & Casualty insurance industry, or have experience with strategic event planning, we invite you to be a part of our team. Job Title: Part-Time Event Strategist Company: Insurance-Canada.ca Location: Toronto, Ontario Job Overview: We are seeking a skilled Part-Time Event Strategist with a focus on curating event agendas and securing engaging speakers. In this role, you will be responsible for developing compelling and insightful event programs that align with our company’s goals and resonate with our target audience in the insurance and technology sectors. Responsibilities: Agenda Curation: Collaborate with internal teams to understand business objectives and industry trends. Develop strategic event agendas that address key topics, challenges, and opportunities in the insurance and technology space. Incorporate innovative formats and session types to enhance attendee engagement. Speaker Acquisition: Identify and reach out to industry experts, thought leaders, and influencers to participate as speakers in our...