TORONTO, Feb. 6, 2018 /CNW/ - The Canadian Council of Insurance Regulators (CCIR) recommends that electronic proof of automobile insurance (EPAI) be made available across Canada.
While the paper concluded that provincial insurance regulators have the legal capacity to allow EPAI delivery, CCIR acknowledges that some jurisdictions still have concerns that need to be addressed about the impact of EPAI, such as privacy and liability.
"We encourage regulators in jurisdictions where these concerns exist to work with their respective partners to address operational matters, with the aim of implementing EPAI." said Patrick Déry, Chair of CCIR.
Further information on EPAI is available on the CCIR's website.
About the CCIR:
The Canadian Council of Insurance Regulators is a national association of insurance regulators that traces its roots back to 1914. The mandate of the CCIR is to enhance insurance supervision and regulation to serve the public interest and to foster increased cooperative supervision and information sharing among regulatory authorities.
SOURCE Canadian Council of Insurance Regulators (CCIR)
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