Insurable Interest Canadian Insurance Blog

Toronto, ON (Nov. 21, 2025) – Ecclesiastical Insurance is urging museums, galleries, and heritage sites across Canada to strengthen their cybersecurity and data protection measures following reports that the password to the Louvre’s video surveillance system was, at one point, simply “Louvre.” The revelation follows last month’s audacious seven-minute heist, in which thieves stole an estimated $102 million in jewels from the museum’s Apollo Gallery. It’s a striking reminder that even the most prestigious institutions can be compromised by a single digital vulnerability. A Wake-Up Call for the Heritage Sector As the Louvre incident shows, a weak password can be as dangerous as an unlocked door. When attackers gain access to systems such as cameras, alarms, or collection databases, the consequences can extend far beyond theft, potentially disabling security infrastructure or exposing sensitive information. “The lesson from Paris is stark: sophisticated systems can be defeated by simple weaknesses,” said John Del Grande, SVP Business Innovation (& Cyber), Ecclesiastical Insurance. “Canadian institutions steward irreplaceable cultural assets. Protecting them means treating cyber risk with the same rigour as physical security, every day, in every workflow.” With operations, collections management, and visitor engagement increasingly reliant on digital systems, heritage organizations are now as...

“Would You Rather…?” TD Insurance survey reveals three-quarters of Gen Z and Millennial Canadians avoid reviewing their policies, overlooking possible savings Toronto, ON (Nov. 21, 2025) – Canadians are hustling harder than ever to stretch their budgets, but when it comes to saving smarter, many are missing out. A new survey from TD Insurance reveals a surprising blind spot: only one-in-four Canadians (24 per cent) have reviewed their home and auto insurance policies for potential savings this year, though many could be eligible for discounts or savings. The poll found that not only are Canadians overlooking opportunities to save on their insurance, they often turn to a host of other unpleasant options rather than review their policies. More than half (52 per cent) say they would rather assemble furniture than review their home or auto policies, while others would sooner delete their favourite social app or mobile game (57 per cent), call their boss “Mom” (45 per cent), do their taxes (43 per cent) or even sit in traffic (37 per cent). Younger Canadians are particularly likely to avoid reviewing their insurance coverage, with three-quarters of Gen Z (76 per cent) and Millennials (74 per cent) respondents saying they avoid reviewing their home or auto policies, compared to 57 per cent of Canadians. Nearly all Gen Z (93 per cent) participants said they hesitate to contact their insurance...

Program evolution reinforces Manulife’s leadership in proactive health with more inclusive features, proactive support, and a stronger focus on long-term well-being Toronto, ON (Nov. 20 , 2025) – Manulife Canada is pleased to announce it is evolving its Vitality program in Canada to better support how Canadians engage with their health. With new prevention partners, expanded activity recognition, and more inclusive ways to earn points, the program is entering a new chapter – reinforcing Manulife’s leadership in longevity and making it easier than ever to turn healthy actions into meaningful rewards. Manulife Vitality is Canada’s only program of its kind, helping members take simple, everyday steps toward better health. As Manulife advances its commitment to longevity, Vitality continues to lead the way in empowering healthier lives, informed by behavioural science and a vision for a longer, better future. A broader commitment to health Lifestyle-related chronic diseases account for 67 per cent of all deaths in Canada,[1] yet many are preventable through healthier lifestyle choices. Manulife is committed to doing their part to address trends in lifespan and healthspan by transforming the insurance experience – from one that simply pays claims to one that actively promotes health, prevention, and longevity. The recently launched...

By Jay D’Aprile, Executive Vice President, Slayton Search Partners — As customer journeys become more complex and the lines separating products and practices continue blurring, many insurers are integrating their coverage into non-traditional purchase experiences: an approach known as embedded insurance. With a projected CAGR north of 35% and growth from $13B to over $70B in gross written premiums between now and 2030, embedded insurance could be an industry-wide transformational shift. Alternatively, it could be one of many hype cycles and fizzle out in the near term. This article will help to determine which scenario is more plausible, and which course you should pursue. Key Takeaways Embedded insurance is more than hype, but not without risks. While the market potential is significant, success depends on balancing investments with realistic growth expectations. Technology and talent are the critical enablers. Modern platforms, APIs, and AI capabilities must be paired with leaders who can bridge insurance, digital, and partnership strategies. Clear strategy determines long-term advantage. Companies that address regulatory, trust, and distribution challenges head-on will be best positioned to turn embedded insurance into a competitive differentiator. What Is Embedded Insurance? Embedded insurance is the seamless integration of insurance coverage into non-insurance products or...