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Insurance 

iA signs the principles for responsible investment, United Nations

by Writing 18 April 2019 11:30 iA financial Group, through its subsidiary iA investment Managementbecame a signatory to the Principles for responsible investment, United Nations. A number of canadian companies in the financial sector, including asset Management Foresters, are also signatories. “We are of the view that responsible investment is a key factor of success and that the integration of the criteria of environmental, social and governance is the preferred means to make responsible investment. The creation of value in the long term by a financial system that is both…

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Insurance 

Best Home Improvements for a Return on Investment

Thinking about making home improvements? Remodeling is often a labor of love. But it’s also a great way to add value to your home and increase your return on investment at resale. While some homeowners want to add a deck or Jacuzzi, a few projects will guarantee the biggest returns on your renovation investment. 1. Refinish Your Floors: Average ROI 100 percent Realtor.com states that ROI results will vary depending on room sizes but average ROI is 100 percent. Why? Refinished floors can

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Insurance 

Sun Life launches a platform with a fintech canadian

by Writing 18 April, 2019 09:30 Photo : Freepik Rise People has announced that it has launched an integrated platform of management of the social advantages, which was built in collaboration with Sun Life Financial. Rise explains that the solution allows employers to ” do the management of the benefits with the insurance premiums, and deductions are synchronized across all systems of human resources management, benefits and payroll “. Sun Life and Rise have recently completed a canadian tour to present their new integrated solution and partner program to benefit…

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Insurance 

Structure of brokerage firms : the Authority makes the point

by Andrea Lubeck 17 April 2019 13:30 Frédéric Pérodeau | Photo : Réjean Meloche The brokerage firms who will not be able to comply with the requirements to hold this title will have to change their corporate structure to that of agency in the property and casualty insurance, has confirmed Frédéric Pérodeau, superintendent of the assistance to clients and distribution to thefinancial markets Authority, at a conference held yesterday on the occasion of the Day of damage insurance. These provisions, which apply only to personal insurance, includes five specific requirements…

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Insurance 

Allianz wants to better protect itself from cyber attacks

by Charles Mathieu 17 April 2019 11:30 The company Cynet, specialized in cyber security within enterprises, has entered into a partnership with the insurance company Allianz. All will allow the insurer to protect its digital data and to prevent potential cyber-attacks. The platform of Cynet can “identify, block and respond to any attacks that can reach the servers and the clients,” said Eyal Gruner, ceo and co-founder of the company. Ralf Schneider, director of digital information at Allianz, believes that the new methods of hacking, which multiply from year to…

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Insurance 

How to Prepare Your Home for Spring Storms?

High winds and rain have prompted Environment Canada to issue several weather warnings for residents of Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador. Several areas of southern Ontario, including Barrie, are expected to get freezing rain. When severe weather threatens personal safety and may damage property, it’s crucial to secure the well-being of family and friends as a priority. Atlantic Canadians should monitor changing weather patterns closely

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Insurance 

Aon sells activities

by Charles Mathieu 17 April, 2019 09:30 Photo : Freepik The insurance company Aon divests part of its activities in the sector of “talent” to the consulting firm Spencer Stuart. The insurer waives the right, and the portions ” culture and mobilization “, “development of leaders” and “advisory service” in the department. Cary Grace, chief executive officer of retirement Solutions and investment at Aon, says that it’s all part of the investment strategy of the company. “The investment strategy at Aon is focused on the growth sectors that support its…

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Insurance 

Recruitment poses a challenge to make the transition to digital

by Alain Castonguay 16 April 2019 13:30 Photo : Freepik Eric Benoit vice-president of engineering, innovation and information technology (IT) at SSQ Insurance, has raised the challenge of recruitment of a competent workforce to achieve the transition to digital, during a debate organized on the occasion of the conference InsurTech Quebec. Software engineers do not know everything. The best elements are often self-taught. “I’m always fascinated to see that when you put people in the lab, they find solutions to master the technology,” he says. The quality of the expertise…

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Insurance 

March Storm Caused $53 million Damage in Ontario

It was a significant band of storms. From March 14-16, southwestern Ontario experienced relentless weather conditions which caused an estimated $53 million in insured damages. The storm first touched down in northwestern Ontario. Then, it spread east through Ontario reaching Quebec, New Brunswick and over to Nova Scotia. The Storm Timeline In Ontario, the storms began the morning of March 14; bringing heavy rains. Flood warnings were issued across the province to alert homeowners of potential

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Insurance 

Car Insurance in Ontario: Rates Increase in April FSCO Announcement

Auto insurance rates to increase an average 2.70 percent in Ontario, with many drivers seeing increases that are significantly higher. In Ontario, every insurance company must have changes to their auto insurance rates approved by the Financial Services Commission of Ontario (FSCO) and each quarter, FSCO publishes these rate changes. The latest rate changes have been released and, as expected, it’s not good news for drivers in the province. Ontario auto insurance rates are set to increase

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