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Finance Montréal creates the Station FinTech Montréal

by Andrea Lubeck 18 June 2018 13:30 Photo : Freepik Finance Montréal has launched a centre of development of young companies in the technology sector, the financial (fintech), named the Station FinTech Montreal, during a press conference held this morning, and to which the Journal of insurance has assisted. The Station FinTech Montréal will welcome between 20 and 30 startups from the fall of 2019. Directed by Matthew Cardinal, vice-president, development, FinTech and corporate affairs to Finance Montréal, the Station FinTech Montréal will offer lectures, training sessions and targeted meetings…

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Insurance 

Tax evasion : Revenu Québec will hire 75 investigators and will pay for whistleblowers

by Justine Montminy 18 June 2018 11:00 Photo : Freepik Revenu Québec implements its Program of compensation of whistle-blowers of the transactions covered by the general anti-avoidance rule or constitutes a trick of the eye, which stems from the action Plan that will ensure tax fairness. Made public on November 10 by the Quebec government, the plan requires the hiring of 75 people who will form an advocacy group specializing in tax planning international. The program put in place by Revenu Québec, it has the goal of offsetting the cost…

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Insurance 

Insurers need to adapt their workforce to new technologies, says Accenture

by Writing June 18, 2018 09:45 Photo : Freepik Insurers that invest in technologies at the same pace as the successful firms could increase their revenues by 17 percent and their workforce by 7 %, shows a study ofAccenture. However, they must adapt the work to their existing workforce and hire more employees, otherwise they may miss opportunities for growth important. The research firm maintains that this adaptation goes through the training. Accenture cites a survey of senior executives of insurance companies, indicating that the ceos surveyed believe that only…

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Insurance 

A draft law on condominiums filed late

by Justine Montminy June 15, 2018 11:00 Photo : Unsplash | Philip de Leon The minister responsible for consumer Protection and Housing, Lise Thériault, presented on 12 June at the national Assembly bill 401, an Act aimed principally at improving the quality of buildings, the management of the condominium and the operation of the housing authority just a few days before the end of the parliamentary session. The omnibus law on housing would, among other things, the amount of the contingency fund be » established in accordance with a study…

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Insurance 

Some insurers are seeing a return on their investment in artificial intelligence

by Writing June 15, 2018 10:30 Photo : Freepik Nearly half (48 %) begin to see or get a good return on their investment in artificial intelligence, shows a survey conducted by Insurance Nexus with 250 insurers operating in Canada. In contrast, 24 % of companies surveyed say they do not yet see a return on their investments, and 16 % do not believe in getting one in the next two years. «The results shed light on the reality that a substantial proportion of businesses have not yet seen a…

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Insurance 

The CCIR unveils a prototype of the statement of account customer segregated fund

by Andrea Lubeck June 15, 2018 09:45 The canadian Council of regulators of insurance (CCIR) has unveiled a prototype of a statement of account customer segregated funds, with the minimum information to be contained. Although a minimum content is required, it is not mandatory to adopt the prototype of a statement proposed by the organization. The organization had announced last December in a statement of proposal that the segregated fund will be subject to a disclosure similar to that of mutual funds and the second phase of the Model of…

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Insurance 

Bill 141 : the sale of online insurance always worry

by Alain Thériault , Justine Montminy 14 June 2018 13:30 Photo : Freepik Although they welcome the amendments to bill 141, the Regroupement des cabinets de courtage d’assurance du Québec (RCCAQ), the quebec section of thecanadian Association of insurance companies of persons (CPOMA-Québec), theAssociation of professional advisers in financial services (APCSF) and the Coalition of associations of consumers have expressed the Log of the insurance concerns facing the management of the sale of financial products via the Internet. Bill 141, an Act aimed principally at improving the supervision of the…

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Insurance 

Bill 141 : The CLHIA was rolling up his sleeves for adjustments regulatory

by Alain Thériault June 14, 2018 11:30 Lyne Duhaime | Photo : Réjean Meloche The quebec section of thecanadian Association of insurance companies of persons (CLHIA Quebec) has praised the work of parliamentarians and the minister of Finance in the adoption of the draft law 141, while recalling that there are still a lot of work to do in the next year on the plan, adjustments to regulations. Among these, Lyne Duhaime, president of CLHIA Quebec, provides that several clarifications be made to certain provisions on the sale of insurance…

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Insurance 

The natural disasters in the heart of the concerns of the Authority in 2017

by Andrea Lubeck June 14, 2018 09:45 In its annual report on the financial institutions, thefinancial markets Authority shows that environmental issues, including natural disasters, floods and climate change, has received particular attention in 2017. «These issues have motivated us to develop a specific initiative in our strategic Plan 2017-2020 the objective of which is to analyze and quantify the impacts of the risk of earthquakes in Quebec. We pay particular attention to this issue and we contribute to various tables of work with respect to the insurance coverages offered,…

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Insurance 

A book that speaks : «De kessé the customer experience ?» by Daniel Lafrenière

by Micheline Bourque June 14, 2018 07:00 De kessé the customer experience ? by Daniel Lafrenière Whether or not you are of those who consult in the first place, the bibliography of a book to know what inspires the author and on what he based his comments, dare to experience with the more recent book of Daniel Lafrenière : «De kessé the customer experience? «. He provides a bibliography which is very rich of 100 references in the amalgam in a way that is relevant to his excellent little book…

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