CCIR Recommends Approval of eSlips in Canada
|
The Canadian Council of Insurance Regulators (CCIR) has recommended that electronic proof of auto insurance (eSlips) be made available in Canada, in a communique released February 6, 2018. This announcement follows coordinated efforts by CCIR's Electronic Commerce Committee to implement eSlips in recent years, including collaboration between stakeholders such as transportation officials, police, industry associations, insurers and privacy commissions.
CCIR's efforts in this area have already produced results, with Nova Scotia becoming the first regulator in Canada to permit eSlips on January 10.
CSIO's industry eDelivery solution, which enables brokers and carriers to send digital policy documents and eSlips for personal and commercial lines to consumers, meets the guidelines and requirements outlined in the Nova Scotia bulletin. CSIO is optimistic that other jurisdictions will follow Nova Scotia throughout 2018.
eDelivery will be made available to CSIO members at no additional cost, and is scheduled for release later this month.