Insurable Interest Canadian Insurance Blog

PricingCenter revolutionizes insurance pricing and rating by increasing efficiency, improving accuracy, and speeding time to market Waterloo, ON (Oct. 28, 2025) – Guidewire is proud to introduce PricingCenter, enabling P&C insurers to deliver pricing changes quickly and with greater precision – adjusting rates in real time, analyzing impact before release, and responding rapidly to market shifts. Purpose-built for actuaries, pricing teams, and IT developers, PricingCenter unifies and modernizes the pricing and rating lifecycle, from model design to market deployment. By connecting pricing strategy to execution, it helps insurers stay agile, improve accuracy, and accelerate new product launches. “With PricingCenter, market disruptions become opportunities to innovate,” said Mike Rosenbaum, Chief Executive Officer, Guidewire. “By unifying pricing and rating, P&C insurers can model, test, and deploy updates faster, enabling them to accelerate product innovation and confidently drive profitable growth.” PricingCenter speeds time to market for pricing, unlocking profitable business growth by: Unifying pricing and rating into a single application that eliminates silos between actuarial, pricing, and IT teams Providing end-to-end lifecycle management from model design and testing to rapid, governed deployment Enabling actuaries and pricing teams to build, test, and deploy advanced pricing models quickly using a no-code interface with AI-assisted insights...

Manulife helping Canadians take proactive steps for their health through access to innovative technology Toronto, ON (Nov. 3, 2025) – Manulife Canada is pleased to announce it is the first insurance company in Canada to offer access to GRAIL’s Galleri® multi-cancer early detection test, to eligible life insurance customers, through its innovative Manulife Vitality program. Manulife has partnered with Medcan, a global leader in proactive health and wellness services and the official Canadian provider of GRAIL’s Galleri test. Through this collaboration, eligible Manulife customers will be able to access the test at Medcan’s Toronto and Oakville clinics with support from Medcan’s clinical team throughout the testing process – including pre-test counselling, results review, and next-step coordination. This milestone advances Manulife’s commitment to helping Canadians live longer, healthier, better lives by expanding access to emerging medical technologies. It also builds on the company’s broader collaboration with GRAIL and continues to support the availability of innovative early cancer detection technologies. “Manulife is proud to be at the forefront of innovation in Canadian insurance. By offering the Galleri test to eligible customers, we’re expanding access to cutting-edge health solutions that can potentially improve outcomes through early detection,” said Naveed Irshad, President and CEO, Manulife Canada....

Innovative digital platform designed specifically for small and medium-sized businesses Kingston, ON (Oct. 21, 2025) – The Empire Life Insurance Company is pleased to announce the national launch of its Group Retirement Savings (GRS) platform. Deployed over the past year to selected customers, GRS is now available across Canada. All-digital platform and outstanding service deliver ease and simplicity The Empire Life GRS platform was designed to meet the unique needs of small and medium-sized businesses: Advanced technology and a modern digital customer experience enable advisors to enrol plan sponsors in minutes, with real-time plan creation. This means a company’s GRS plan is instantly active and ready to use. The same speedy set up applies to employee enrolment. Flexible plan design means employers can customize their plans to meet their needs and the needs of their employees. No minimum contribution is required; however, many employers match employee contributions. Intuitively designed portals for advisors, employers and plan members save time by simplifying choices and administration tasks. Single sign-on gives advisors, employers and employees easy access to group health benefits and group retirement savings if they have both with Empire Life. Streamlined investment options make it easy for employees with different investor profiles...