Insurable Interest Canadian Insurance Blog

Partnership combines digital roadside assistance, claims intelligence, and driver risk analytics to help insurers and automakers improve efficiency, enhance driver safety, and deliver better customer experiences Agero, through its Urgently acquisition, is partnering with MOTER Technologies to help insurers and automakers create more connected roadside assistance, claims, and driver support experiences. The collaboration combines Urgently’s digital roadside assistance platform and Agero’s nationwide service network with MOTER’s connected vehicle intelligence, claims visualization, and driver risk technologies. Together, the companies will support embedded insurance and mobility programs designed to reduce fraud, accelerate claims resolution, and enable more proactive customer support. Medford, MA (Sept. 10, 2026) – Agero, through its Urgently acquisition, is pleased to announce a partnership with MOTER Technologies, an insurtech company that transforms connected vehicle data into real-time risk and claims insights. Together, the companies will deliver an integrated solution that connects roadside assistance, accident support, claims intelligence, and driver engagement to help insurers and automakers respond more proactively to vehicle incidents. The collaboration pairs Urgently’s digital roadside assistance platform and Agero’s nationwide service network with MOTER’s connected vehicle intelligence, claims visualization, and driver risk technologies. The integration enables connected vehicle incidents to trigger digital roadside and accident assistance automatically while...

Monte Carlo, Monaco (Sept. 7, 2026) – The reinsurance market enters Rendez-Vous de Septembre and the upcoming renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape. In this environment, Swiss Re is supporting clients in identifying evolving exposures and risk accumulations through data and analytics, underwriting expertise and tailored solutions to manage this complex environment. Urs Baertschi, Chief Executive Officer Property & Casualty Reinsurance at Swiss Re, said: “The underlying need for protection continues to grow as the risk landscape evolves and becomes more interconnected. Our clients need more than reinsurance capacity from us – they need risk expertise, data and solutions that help them navigate an increasingly complex environment. We combine these capabilities to help our clients understand emerging exposures, manage volatility and build resilience.” Growing natural catastrophe risk reinforces protection needs Natural catastrophe risk remains a significant driver of reinsurance demand. Insured natural catastrophe losses continue to follow a 5–7% annual growth rate, driven by increasing exposures, rising asset values and changing hazard patterns. Swiss Re’s modelling indicates that insured losses could reach around USD 320 billion in a 2026 peak loss scenario, illustrating the value of reinsurance protection against low-frequency, high-severity events....

New AI risk framework—built with leading MSPs, cybersecurity experts, and re/insurers and brokers—enters pilot as carriers move toward affirmative AI coverage for small and mid-market businesses Atlanta, GA (Sept. 10, 2026) – SPECTRA, the cyber risk management platform behind the first and only robust certification of cyber resilience for Managed Service Providers (MSPs), is pleased to announce an AI risk framework of 20 AI deployment controls, giving MSPs, their small and mid-market business customers, and the insurers who cover them a common standard of insurability for the deployment of AI. Over the last 12 months, the MSP industry has moved quickly from viewing AI as transformative for the channel and its customers to focusing on safe, scalable deployment that generates recurring revenue for MSPs. AI was the single most prominent topic at Pax8 Beyond, GTIA ChannelCon, CRN XChange and other major channel events this summer. SPECTRA expects the shift to create an opportunity for MSPs on the scale of the cloud migration that reshaped the channel two decades ago. Operating where managed cybersecurity and insurance converge, SPECTRA has seen MSPs of all sizes accelerate their go-to-market for deploying and securing AI as customers rush adoption into their operations. At the...

As Global Disaster Losses Top $200 Billion a Year, a New Report from the Milken Institute Identifies Pathways for Greater Investment in Resilience Against Extreme Weather Events A Financial Innovations Lab project identified key building blocks of a resilient community and developed financial, policy, and partnership pathways to achieve them Washington, DC (Sept. 9, 2026) – The Milken Institute, a nonpartisan, nonprofit U.S. think tank, has released a new report produced in partnership with leading global professional services firm Marsh. The research, based on findings from a recent Financial Innovations Lab, comes at a time when communities worldwide find themselves facing a new and expensive reality of extreme weather events they cannot withstand. Across the world, disaster losses are now in excess of $200 billion a year for the last ten years. The LA Fires, with estimated damage between $76 billion and $131 billion in economic losses, was the most expensive natural disaster last year. The report comes amid increasing weather risks across the world with devastating effects on livelihoods and communities putting pressure on future balance sheets. Globally, uninsured losses now account for more than half of total disaster losses worldwide. Rebuild and recovery are taking longer, with cascading...