Car Insurance - what is covered and how much?

| February 5, 2018

article image
An important part of buying an insurance policy is knowing exactly what it covers and what it does not, in terms of the various parts of the car, and different situations.

Spotlight

Third Party Administrators' Association of Canada

"To represent the interests of the members of the Third Party Administrators' Association of Canada, as a common voice to the insurance industry and the various Provincial and Federal Government regulatory bodies. To create a financially strong Third Party Administration industry and to establish certain guidelines and uniform standards required to preserve the integrity of our industry and to protect our consumers."

OTHER ARTICLES

Best Business Insurance for 2020

Article | February 26, 2020

Hopefully, you’ll never have to use your business insurance. But just like car insurance or health insurance, protecting your business from unexpected situations is crucial. However, 44% of small business owners don’t have insurance. This statistic is shocking. If you’re uninsured or underinsured, your company could potentially go bankrupt if something goes wrong, and you’re forced to pay out of pocket.

Read More

Automation for the Future of Insurance: Enabling the Ecosystem

Article | February 17, 2020

During InsurTech Connect 2019, the world’s largest gathering for the insurance industry, I had the opportunity to meet and talk about the future of insurance with executives, thought leaders, analysts, consultants, and tech providers. In an interesting discussion with Seth Rachlin, chief innovation officer of Insurance at Capgemini, he discussed three trends that he envisions driving the “future of insurance.”

Read More

How insurers can use big data to manage the COVID-19 pandemic

Article | March 27, 2020

Insurers are stuck between a rock and a hard place. The recent COVID-19 pandemic has forced much of the world to grind to a halt. As companies struggle to manage the impacts on their supply chains and bottom line, greater pressure is placed on insurers to support their clients while also mitigating the downside for their own businesses. On one end, the needs of insureds are higher. Business operations are global and more complex; all the while, clients expect more bespoke service and support.

Read More

7 Business Models of the Future for Insurers

Article | March 18, 2020

The insurance industry continues to be an enabler of innovation. Since its creation three centuries ago, it has become an essential part of the global economy — providing security and resilience to businesses and individuals alike. But the fundamentals of how it operates have barely changed. As we enter a new decade, the industry must reflect the reality of the needs of today’s businesses and society. Large commercial insurers and reinsurers, in particular, have an increasingly urgent imperative to realign their organizations and modify their offerings to include stronger preventive services against new and evolving threats, including climate change and cyber risk. There is a huge opportunity. Our latest NextWave Insurance report reveals that, should the industry act now, an unprecedented growth and profitability spike is within reach. By 2030, we project that large commercial insurers and reinsurers could experience:

Read More

Spotlight

Third Party Administrators' Association of Canada

"To represent the interests of the members of the Third Party Administrators' Association of Canada, as a common voice to the insurance industry and the various Provincial and Federal Government regulatory bodies. To create a financially strong Third Party Administration industry and to establish certain guidelines and uniform standards required to preserve the integrity of our industry and to protect our consumers."

Events