BMO and Manulife Race in AI Underwriting
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Friday, September 11, 2026
AI technology continues to shape various sectors in Canada, notably in insurance and education. Industry leaders and government initiatives are making strides to enhance AI skills and understanding across the country. This edition opens with BMO Enters AI Underwriting Competition, New AI Literacy Initiative Launched, and Ontario Expands AI Governance.
How this briefing was checked
This digest is built from public items with visible source paths. This run checked 75 public items from 68 sources before selecting the brief.
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In this digest
Companies and jobs1 sourceBMO Enters AI Underwriting CompetitionBMO has joined Manulife in developing AI-powered underwriting processes for insurance, aiming to streamline customer service and risk assessment. This move follows the trend of banks and insurers employing AI to improve efficiency.
- Topic
- Companies and jobs
- Source paths
- 1 linked
- Evidence
- Single source
This technology could simplify insurance processes for consumers and businesses.
Watch for updates on BMO's AI underwriting launch timeline.
Jobs and skills1 sourceNew AI Literacy Initiative LaunchedThe Alberta Machine Intelligence Institute partnered with the Government of Canada to launch a National AI Literacy Initiative. This program encourages education on AI technologies and promotes skills development among students across the country.
- Topic
- Jobs and skills
- Source paths
- 1 linked
- Evidence
- Single source
Enhanced understanding of AI can build a more skilled workforce in Canada.
Look out for curriculum developments stemming from this initiative.
Rules and oversight1 sourceOntario Expands AI GovernanceOntario's Premier Doug Ford announced a cabinet shuffle that includes the creation of a new associate minister of artificial intelligence adoption. This position shows the province's ongoing focus on integrating AI into various sectors.
- Topic
- Rules and oversight
- Source paths
- 1 linked
- Evidence
- Single source
The new role could help develop regulations around AI implementation and industry practices.
Monitor the responsibilities and initiatives announced by the new minister.
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What to watch next
- 1Updates on Manulife and BMO's AI underwriting projects
- 2The impact of AI literacy programs in schools
- 3Response to Ontario's newly appointed AI minister's initiatives