Your Business

3rd Top Story of 2020: Why it matters that insurance is declared to be an “essential service”

The insurance industry will continue to operate as an essential service after Quebec and Ontario issued orders for many companies to close their doors due to the COVID-19 pandemic. And that’s a relief for consumers, brokers and insurers, say industry leaders. Governments in both provinces issued shutdown orders Monday, with Ontario’s to start at 11:59 […]

By Adam Malik | March 24, 2020

3 min read

Will commercial BI policies cover pandemics after COVID-19?

Will COVID-19 cause Canada’s property and casualty insurance industry to start introducing pandemic business interruption coverage, in much the same way Calgary’s 2013 floods prompted the industry to introduce overland flood coverage into home insurance policies? Don’t count on it. The epic size and scale of pandemic exposure — not to mention the unique characteristics […]

By David Gambrill | March 24, 2020

4 min read

Social distancing means delivery drivers are in demand. Do they have proper coverage?

Governments have forced restaurants, pubs and similar businesses to offer pick-up and take-out services. But as demand for delivery surges, the question must be asked: Do drivers have proper business insurance coverage? “Anytime you’re using your vehicle for a business purpose, anytime you’re turning your car from a private passenger vehicle into a commercial, money-making […]

By Adam Malik | March 23, 2020

3 min read

COVID-19: What one broker misses the most these days

Like many other brokers across the country, Myles Kuharski is still getting used to not having clients drop by the office, or heading out for regular meetings. “That last week was one of the things that [was difficult],” he said in an interview with Canadian Underwriter. “That would be the one thing that I miss. […]

By Adam Malik | March 23, 2020

2 min read