Top Risk Exposure for Canadian Companies in 2023 A new report reveals that escalating business interruption (BI) claim costs have become a major concern for Canadian companies in 2023. The Spring 2023 Insurance Market Update Canada suggests that disruptions for...
Keeping Insurance Values Up to Date- Building Costs With businesses facing rising inflation, continued supply shortages and soaring prices amid a Consumer Price Index hitting a 30-year high- it is important for you to understand how this impacts your insurance...
4 Reasons Why Business Cyber Insurance Is Needed Now More Than Ever Did you know? With cyber insurance increasingly becoming “vital to most countries’ economic health,” this coverage is set to become mandatory in future. Given the growing sophistication and increased...
To protect your business from losses associated with employee crime, you’ll have to go outside your standard commercial property policy. The theft of items from your business is usually covered by a commercial property insurance policy. However, employee dishonesty...
You’ve probably heard of umbrella insurance, a type of coverage that protects you if a claim exceeds your insurance policy’s limits. But you might not be familiar with commercial umbrella insurance. Let’s review how it works, why your business may need it, and...
Liability lawsuits have the potential to financially destroy your real estate agency. Some agencies choose to bundle coverage in a business owners policy (BOP). Others pick program insurance, which is a tailored plan-specific policy. Either way, liability insurance...