The Insurance Bureau of Canada (IBC) have released an Innovation Agenda for Ontario’s insurance industry. The report contains four excellent recommendations for the industry which miBroker fully supports. Allowing all insurance communications and transactions to be completed and delivered electronically if the consumer provides the necessary consent. Allowing insurers to provide consumers with the option […]
Lyft Ridesharing Launches in Toronto
Ridesharing competition in Toronto is about to grow with Lyft coming to town. Torontonians flocked to Uber even while insurance and by-laws remained a grey area for months. The City of Toronto legitimized ridesharing in 2016 by passing regulations. We’ve talk about the insurance implications of ridesharing before, so drivers are wondering how Lyft is […]
Uber Driver Crashes, Passenger Injured, and the Multi-Million Dollar Question : Does Uber’s Policy Cover UberX Drivers?
A 59-year-old gentleman named Kirit started to work for Uber a few hours a day in late 2015 in order to supplement his income. While driving a passenger in mid January, 2016, he got into an accident with another car causing injuries to his passenger and $10,000 in damages to his car. Kirit contacted his […]
Ridesharing Insurance for UberX Drivers
Ridesharing is part of the emerging sharing economy and includes services such as Uber’s UberX. Ridesharing continues to grow at a rapid pace and is absolutely changing the way we travel. Uber has made a deal with Intact and bought commercial coverage for their drivers. This means that those insured with Intact can now drive for Uber for no […]