Insurable Interest Canadian Insurance Blog

New York, NY (Nov. 18, 2025) – Essity has selected Accenture and Microsoft to help the global hygiene and health company accelerate the use of AI agents to unlock value and drive efficiencies and growth through improved business agility. As part of the multi-year collaboration, the companies will work together at Essity’s AI Centre of Excellence. Accenture’s top cloud, data and AI experts with deep industry and functional knowledge will use Microsoft’s advanced technologies such as Azure, Copilot Studio, Power Platform and collaborate with Microsoft experts for technical guidance and support. Together, the companies will create a robust and flexible cloud-based technology platform that will provide next-generation AI capabilities, on which Essity can test and scale solutions across their core business processes and functions to deliver transformational impact. This first phase of the collaboration will focus on enhancing procurement and finance operations, where cross-functional teams will test, observe and continuously improve these areas over a period of time. Longer term, Essity plans to scale AI across the company to reinvent other end-to-end business processes, enabling new pathways to value and growth. “To accelerate value generation for our consumers, customers and our employees, we are collaborating with Accenture and Microsoft to...

Latest innovation builds on the firm’s Aon Broker Copilot and Risk Analyzers to deliver greater speed, insight and value in claims resolution and analytics Dublin, Ireland (Nov. 11, 2025) – Aon, a leading global professional services firm, is pleased to announce the launch of Aon Claims Copilot, a single, integrated digital platform designed to enhance client outcomes through advanced analytics, automation, globally consistent claims management and the specialized expertise of Aon’s claims advocates. Aon Claims Copilot reflects the firm’s commitment to delivering outstanding claims services to clients when it matters most. The new platform supports every stage of the claim’s lifecycle – from the occurrence of a claim to advocacy and negotiation and resolution with advanced analytics. It enables global consistency, data-led performance evaluation and tailored insight to support each client’s risk capital strategy, with additional AI-driven capabilities to come in the first half of 2026. Clients are equipped with access to claims analytics, while Aon colleagues benefit from advanced digital tools to deliver faster, more effective claims outcomes. “Aon Claims Copilot represents an exciting step forward in Aon’s commitment to deliver better information, advice and solutions to clients through technology,” said Joe Peiser, CEO of Commercial Risk at Aon....

QBE publishes latest Control Risks Report New York, NY (Nov. 20, 2025) – Ransomware attacks are set to escalate sharply, with the number of ransomware victims publicly named on leak sites expected to rise from 5,010 in 2024 to more than 7,000 by the end of 2026, according to the latest report from QBE. This increase represents a five-fold increase since 2020, when just 1,412 victims were shared on leak sites. In addition, Canada experienced 30 significant cyber incidents over the past two years, making up 6.7% of the global total (447).  North America as a whole, accounted for over 50% of incidents. Compiled in conjunction with Control Risks, QBE’s cyber report Cloud cover: forecasting digital disruption in a cybercrime climate explains how cybercriminals are exploiting AI and cloud vulnerabilities to access sensitive data and disrupt systems. It also shows government and administrative systems were the most targeted sector globally between August 2023 and August 2025, accounting for 19% of all incidents. IT and telecommunications followed at 18%, while manufacturing, logistics and transport sectors together represented 13%. Successful cyberattacks, namely ransomware attacks, can cause financial losses, reputational damage and litigation for the businesses targeted, as well as for their customers and...

Quebec City, QC (Nov. 12, 2025) – Beneva is pleased to announce the launch of the “Rebuild Better” advantage, a free offering that enables policyholders to rebuild in a more sustainable way after a loss. This initiative is part of a broader approach to better support members in adapting to the realities of climate change, while integrating more eco-responsible principles into home insurance claims practices. A context that calls for action Extreme weather events are increasing becoming more frequent and severe due to climate change. The year 2024 marked a turning point for the property and casualty insurance industry. Across Canada, climate-related losses exceeded $8.5 billion – a historic record.[1] That same year highlighted the critical need to support members in adapting to climate related events. In response, Beneva chose to review its claims practices after water damage accounted for 75% of claims in 2024, totaling $616 million. “These trends show that rebuilding in the same way as before is no longer sufficient. We must go beyond this traditional concept of repairing to build a more resilient future. Beneva is committed to supporting its members by sharing costs and offering expertise so that every loss becomes an opportunity to better...

Continues Momentum Towards Building the Great Canadian Brokerage Toronto, ON (Nov. 11, 2025) – Marking a significant step in its transformation into a unified national presence, Navacord Corp., one of Canada’s largest and fastest-growing multi-line insurance brokerages and financial services firms, has officially rebranded six of its Broker Partners under the Navacord banner, effective November 1, 2025. Those six brokerages are: Waypoint Insurance Services and Waypoint Benefits & Financial Services Seafirst Insurance Brokers Lloyd Sadd Insurance Brokers and Lloyd Sadd Consulting Iridium Risk Services Ives Insurance Brokers Insurance Store This rebranding coincides with the respective amalgamations of BC-based Waypoint Insurance and Seafirst Insurance; Alberta-based Lloyd Sadd Insurance and Iridium Risk Services; and Ontario-based Ives Insurance and Insurance Store. Each of these three amalgamations is designed to strengthen locally-based expertise, deliver a more consistent client experience within the regions they serve, and enhance operational efficiency. “Aligning these brokerages under a unified, national brand is a defining moment for Navacord,” says Shawn DeSantis, President and CEO, Navacord. “This step forward allows us to enhance our value proposition for both employees and clients and accelerate our momentum as an industry leader, while scaling our capabilities and continuing to deliver high-quality service.” This announcement...

Don’t Let Winter Weather Catch You Off Guard Burnaby, BC (Nov. 12, 2025) – With colder, wetter months ahead, BCAA is urging homeowners to act now to prepare their homes. Citing claims data that highlights a significant increase in weather-related damage during fall and winter; BCAA recommends taking proactive steps now to help people safeguard their homes and avoid costly repairs. With more, higher intensity weather events including fall and winter storms hitting the province, BCAA Insurance claims from homeowners from 2020 to 2024 reveal a clear seasonal pattern: Roof leaks: 56% of roof leak claims occur in just a 3-month period – November to January. Backed up drains and surface water: resulting claims spike sharply in fall and winter, with 65% occurring between November and January. Overall weather-related claims: 53% of all weather-related claims are recorded between November and January. “BCAA data shows that fall and winter weather is risky and rough on our homes,” notes Lydia Fookes, part of BCAA’s Home Insurance team. “The good news is that proactively preparing your home now can cut the risk of costly repairs and disruption, so we’re sharing some tips to help people get a head start.” BCAA Home Insurance experts suggest prepping homes for...