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Your Remote Workforce Is Increasing Your Company’s Overall Risk
If you have a remote workforce, you need to modernize your cybersecurity protocols and update all of your insurance policies to reflect your new remote or hybrid working model. The COVID-19 pandemic caused an abrupt and sudden change to a remote workforce. This change...
Avoiding Water-Related Losses
According to the Insurance Bureau of Canada, catastrophic losses total about $2 billion per year. Water damage accounts for the majority of this. There is one recurrent trend his team sees among claimants, according to Shawn Little, Director of Technical Property and...
International Insurance Insights | April 2021 Edition
Events, developments, and opportunities in the international insurance marketplace. Recent Successes in International Insurance: Placed Property & Business Interruption coverage for a manufacturer of high specification HVAC and Electrical suspension systems...
Food Trucks and Insurance
If you enjoy cooking for a crowd in a public setting, food trucks are the way to go. You can earn money at fairs, street fests, concerts, athletic events, and other venues. In addition, you can serve lunchtime crowds in commercial areas. When you operate a food truck,...
Live Well, Work Well – April 2021
The Live Well, Work Well newsletter is an employee newsletter that is produced monthly and covers topics like health, wellness, fitness, nutrition, and personal finance. This month’s issue discusses kids and mental health. Kids and Mental Health Kids with good mental...
Construction Risk – Identifying Your Business Risk Liabilities
Construction is a high-risk business, from the types of work being done to the financial uncertainty of payments and potential for lawsuits. Insurers and surety companies view risk in terms of exposure to possible losses. Some losses have a higher probability of...
Your Recreational Boat Needs Coverage In and Out of the Water
Many home insurance policies provide partial coverage for watercraft, but it’s likely that you will need specific boat insurance coverage to be fully protected if you own a recreational boat. Most homeowners policies provide maximum payouts of just $5,000 or 10% of...
International Insurance Insights | March 2021 Edition
Events, developments, and opportunities in the international insurance marketplace. Recent Successes: Placed General Liability and Directors & Officers Liability policies for a biotech R&D company. Placed a Builders Risk including General Liability for the...
What is Ransomware and How Do You Prevent It from Harming Your Business?
Ransomware is a kind of malicious software that blocks or restricts your access to your computer systems and data until you pay a fee to the attacker. If you refuse to pay or can’t find a way to fix the problem, your data may be lost forever. Because small businesses...
Safeguarding Your Company with Business Income Coverage
As a business owner, you likely have insurance coverage for your business equipment and property. But, have you thought about what you would do if an unexpected event stopped you from operating your business? How long will you need to close and what type of income...