In normal situations, fleet owners manage assets that are essentially in motion, but there are times when a significant portion of the fleet may need to be parked for an extended period of time. Whether it’s because of a long weekend, a summer vacation, or a sudden economic downturn, just because a vehicle isn’t on the road, doesn’t mean it’s no longer facing any risks. In fact, during times like these, parked equipment could be more vulnerable to risks such as fire, theft, and vandalism. That’s why it’s vital that additional steps are taken to help ensure vehicles are safe, even when they’re ..read more

A solar eclipse can captivate onlookers with its ethereal play of shadows. But as mesmerizing as it is, this phenomenon can have quite a dramatic impact on something as mundane as the daily commute. With the upcoming solar eclipse set to grace the majority of Canada with its awe-inspiring display on April 8th, drivers must be prepared for the risks it presents. From the sudden transition of light and shadow to the potential for increased traffic, this natural spectacle can increase the risks of a usually ordinary drive. Understanding the solar eclipse A solar eclipse occurs when the moon passe ..read more

Canadian winters can take their toll, especially when it comes to your business property and vehicles. Now that spring is upon us, the changing season is a great time to take an in-depth look at every aspect of your business with our spring maintenance checklist. Protect your property Ensuring the safety of your land and buildings can help reduce your accidents, claims and losses. Do you have enough fire extinguishers and are they serviced annually? Are employees properly trained to use them? Are there any areas your sprinkler system doesn’t protect? Does your alarm system fully pr ..read more

In the world of childcare, where the well-being and safety of children is paramount, the importance of daycare insurance cannot be overstated. Operating a daycare involves many responsibilities and exposes the business to various risks, from accidents and injuries to liability claims and property damage. Daycare insurance is designed to address these unique challenges, offering a safety net that protects the business and the children it cares for. Let’s learn more about how daycare insurance allows you to focus on what truly matters – providing a nurturing and safe environment for the children ..read more

For professionals across various industries, from healthcare to consulting, the potential for facing claims of negligence or errors is an ever-present possibility. Professional liability insurance (which is also known as errors & omissions insurance) can help ensure you’re protected against claims of actual or alleged negligence that arise from providing professional services, like giving incorrect advice or failing to deliver a service.  Here are a few of the benefits of professional liability insurance: Professional liability insurance can help mitigate financial losses associated ..read more

As a home builder or contractor, you face a number of fire risks — both accidental and intentional. Whether you’re building a new home, or renovating an existing one, you don’t want your work to go up in smoke. Fires on construction sites can be caused accidentally (for example, by hot work) or intentionally. While a builder’s risk insurance policy can help recover losses in the event of a fire, it’s much easier to avoid an incident in the first place by keeping a clean site and taking safety precautions. How accidental fires can occur Here are some of the most common accidental building fire ..read more

Cargo theft increased 15 per cent between 2022 and 2023 in both Canada and the United with the average value of cargo stolen per theft sitting at just over $200,000. If you’re in an industry that regularly ships or stores cargo, it’s important to ask yourself the following questions: How secure is my storage site / business location? Do I transport high value commodities? Am I at risk for deceptive or fraudulent pick-ups? After answering those questions ask yourself one more: Am I happy with my current security procedures? When you implement an effective theft prevention program, you’re not ..read more

Partially constructed houses and other light-frame wood buildings collapse due to high winds numerous times every year across Canada. “Every year, several partially built single family homes, duplexes and other small wood framed structures in Canada collapse as a result of severe wind,” the Institute for Catastrophic Loss Reduction (ICLR) told Canadian Underwriter. Damage from high winds is not only costly, but often leads to delays in construction, and to home closures. Plus, there’s always the possibility that someone could get injured. The National Building Code of Canada (NBCC), as well as ..read more

Small business insurance is sometimes viewed as a formality, yet when leveraged strategically, it has the potential to lead to business growth. It can offer you the confidence to take bold steps and innovate without the overwhelming fear of financial setbacks. This kind of assurance can be crucial for smaller businesses who may need to stand out and make big moves to succeed. Small business insurance can also assist with building trust and ensuring business continuity. When you’re insured, it tells customers, investors, and partners that you’re invested in your future success. It’s a sign of ..read more

Surprisingly, many losses, liabilities, and subsequent insurance claims do not result from a contractor’s negligence on a project, but rather from the contractor’s inability to provide the required details of work performed. This includes the materials purchased, the suppliers hired, as well as the documentation to verify work performed by sub-contractors. As a contractor, it’s your responsibility to have the documentation and do your due diligence for all contracting services. There are various categories of documentation that contractors need to obtain, maintain, and keep readily accessible ..read more