Condo Insurance is Changing
June 9, 2020
Over the past year condo corporations (strata condos) have been facing a very challenging climate in respect to their insurance needs.
For many years, condo corporation insurance rates have been relatively stable. However, excessive water damage losses, along with severe weather events have created a situation where this class of business is creating large losses for...
A Digital Insurance Revolution
May 27, 2020
Swift Digital Insurance is a relatively young company, having officially launched in June of 2018. But ours is not the story of a start up, in fact, Swift Digital’s story is one of revolution. As countless businesses now scramble to reinvent themselves, we though it would be appropriate to share our story.
We began our digital...
5 Misconceptions About Cyber Liability Coverage
January 28, 2020
"Data Breaches" or "Cyber Attacks" can happen to any business at any time, but for some reason getting organizations interested in this type of coverage is quite challenging as it is a brand new concept that most people are just becoming aware of. Keep these 5 misconceptions in mind when considering cyber liability coverage.
1. "Data breaches won't happen to me!"
Actually, any business large...
Understanding Condo Insurance and The Risks Owners have to face.
September 20, 2019
If you own a condo, determining your insurance risks requires a little background research. Typically, your condo association has a master policy that insures all of the property and common areas that are collectively owned by the unit owners. But how do you cover the cost of damage caused by a kitchen fire or theft...
Loss of Use Coverage : What is It?
January 30, 2019
Claims happen, but what does someone do when their vehicle is stolen, not driveable or requires repairs? How will they get to and from work and other commitments? There is insurance that can be purchased on a policy to give some peace of mind in these situations called Loss of Use Coverage.
What is Loss of Use Coverage?
This coverage...
How planning ahead can protect your professional services business
October 4, 2018
How planning ahead can protect your professional services business
Planning ahead can save time and money. Take time to budget properly, identify and continue to assess your risks, consult with a risk management expert, and make sure you have the right insurance.
There is an African proverb that states, “The future belongs to those who prepare for...
How Professional Liability Insurance Can Save Your Business
September 28, 2018
Summary: Real-life examples of claims arising from professional liability exposures and how a policy responds.
The demand for professional liability insurance has grown substantially in the past few years. That is partly because the trend in our society has been towards becoming more litigious, resulting in an increasing number of lawsuits brought against professionals.
As well, the...
The Key Coverages To Insuring Professionals And Professional Organizations
September 5, 2018
Why professional liability, general liability, and property insurance are essential in managing risk as a professional.
Does your company offer professional services? Do your clients depend on the accuracy of your advice? If so, whether those services are professional or creative, or if your revenue comes from offering advice or making recommendations, there are three lines...
7 Home Insurance Discounts To Help Save You Money
July 3, 2018
Now lots of people think they are getting the best deal on their home insurance, but that is usually not the case! There are all kinds of home insurance discounts available (depending on your insurance provider) and some brokerages simply just don’t tell you about them and we’re ready to share them with you! If...
