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UV Insurance on track to complete its technology shift

By Alain Thériault | April 8, 2021, 2:54 p.m.

Christian Mercier, Guillaume Fauteux

The insurer gave Insurance Portal an exclusive preview of its simplified issue selection process.

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Headlines

Bill to increase Old Age Security stalled in the House of Commons

Guaranteed Withdrawal Benefits under pressure from regulators

Most households improve savings as cost-of-living pressures ease

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Bill to increase Old Age Security stalled in the House of Commons

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Prevalence of high blood pressure in children has increased since 2007

Cyber market would survive a significant malware event

Term Life

Life and health insurers paid out a record amount in benefits in 2023

Canadian life application activity flat in August

Term life insurance policies see the highest increase in 2023

iA Financial Group acquires 115,000 policies

Life Insurance

The Pharmacare Act comes into force

Overuse of oral corticosteroids found in patients with severe asthma

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Disability insurance: 17 products examined by InsuranceINTEL

INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB)

Property and Casualty insurers’ financial results in Canada in 2023

UV Insurance names new board chair

Federal regulator delivers final form for IFRS 17

EQUISOFT

A veteran of the Client Management Software industry returns

Wide divide between carriers and brokers’ perceptions about compensation

Equisoft secures $125 million in financing

Equisoft acquires CompuOffice

UV INSURANCE

Insurers boosted by simplified issue insurance sales

Individual insurance in 2024: clients demand quicker responses

Several new developments in permanent life insurance

Seg funds: Regulators agree with charge back but in a tightened manner

Distribution

Increasing diversity in Canada requires a growing awareness among advisors

Gig workers largely underinsured

Life insurance application activity rises in Canada

Dental office jobs have rebounded since pandemic

Strategy

Most households improve savings as cost-of-living pressures ease

Set high and clear expectations with clients

CEOs say environmental, social and governance issues are their top priority

Lessons learned from the Crowdstrike outage

Technology

The impact of natural disasters will continue to put pressure on insurers

Many companies unaware of legislated cyber obligations

Investment in cyber resilience on a downward trend

Structured data creates endless possibilities