EY Canada announces new Centre of Excellence for insurers

Advisory services firm EY Canada is launching a new Centre of Excellence for insurance companies. The Centre for Insurance and Actuarial Services will be based in both Toronto and Quebec City, a release said. EY’s new centre will guide insurers on regulatory changes, as well as on how to keep up with digital transformation. "The insurance sector is evolving every day – and we're responding by innovating the support we provide," said EY Canada financial services leader Paul Battista. "Insurers face immense pressure to modernize their businesses while, at the same time, manage increasingly complex actuarial and accounting standards. The centre will work with these companies to identify better ways of working, drive a clearer sense of purpose and adopt more effective use of technology."