Canadian Underwriter

Keyword
small business

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These types of businesses are in serious need of a cyber policy

May 28, 2020 by David Gambrill

With ransomware and financial fraud on the rise, smaller businesses in Canada are vulnerable, particularly less-sophisticated organizations that move large amounts of money. For smaller brokerage houses selling cyber, examples of your next opportunities may be car dealers, people involved

News Employment

Small businesses seek rapid rent relief measures as Trudeau promises more support

April 16, 2020 Ian Bickis - THE CANADIAN PRESS

TORONTO – Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up. The urgency comes as some landlords have already started issuing eviction notices for businesses

News Insurance

Small businesses say singular approach to wage subsidies doesn’t fit them all

April 7, 2020 David Friend - THE CANADIAN PRESS

TORONTO – When the impact of COVID-19 led Hongwei Liu to temporarily lay off some employees and slash company forecasts, the founder of Waterloo, Ont.-based technology startup MappedIn hoped he might qualify for a helping hand under the federal government’s

News BrokersCommercial LinesInsurance

Brokers respond to Trudeau’s wage subsidy for small business

March 27, 2020 by David Gambrill

Canadian brokers say Prime Minister Justin Trudeau’s announcement Friday of a 75% wage subsidy for small business is definitely good news for their small business clients. However, it remains an open question as to whether a brokerage would actually need

News Insurance

What Aviva sees trending in the small business insurance market

October 24, 2019 by Jason Contant

The need for tailored offerings and coverage for multiple operations remains important in the small business insurance market, Aviva Canada told Canadian Underwriter Wednesday. There is an increasing demand for the right service, education and choice, said James Warburton, Aviva’s

News BrokersInsuranceMarkets / Coverages

Brokers leaving a lot of SME cyber business on the table: Leger poll

September 27, 2019 by Jason Contant

Brokers need to do a better job of securing cyber insurance coverage for their small and medium-sized business (SME) clients, the results of a new nationwide poll conducted by Leger show. “In the last three years, has your insurance professional

News Legislation / Regulation

How new tax laws could affect brokers’ retirement plans

October 18, 2018 by Greg Meckbach

Brokerage owners looking for ways to reduce their tax bill could have more incentive in 2019 to max out their registered retirement savings plan, a tax expert told Canadian Underwriter. For some family-owned businesses, there is “an added reason” for

News BrokersInsuranceProfessional Development

How to sell cyber to small business owners

August 12, 2018 by David Gambrill

There is a very large untapped market for selling cyber insurance to small businesses. How can brokers best approach small business owners to offer them cyber coverage? A recent 2018 study of Canadian “smaller businesses” by Scalar Security* found that

News InsuranceProductsTechnology

How to give your small business clients an online quote in 3 minutes

July 26, 2018 by David Gambrill

Intact Insurance has launched its new Commercial Property and Liability insurance Quick Quote, a tool designed to give small business owners an insurance quote on their business in about three minutes. The online commercial property and liability quoting tool follows

insPRESS AnnouncementsMarkets / Coverages

Unica Insurance launches SPARK™ Small Business Protection

June 18, 2018 Unica Insurance Inc.

MISSISSAUGA, ON, June 18, 2018 /insPRESS/ – Unica Insurance (Unica) is proud to announce the launch of SPARK™, a comprehensive solution for protecting small businesses. SPARK™ is designed specifically to cover Contractors and Professional Office segments and provides best-in-class protection

News Markets / CoveragesProducts

Travelers offers HR advice for small business clients

June 12, 2018 by Jason Contant

Travelers Canada has launched a new suite of services extending beyond insurance for small business customers. Legal assistance and human resources services will now be offered, at no extra cost, to help small business owners manage day-to-day activities fundamental to

News Earnings / RatingsMarkets / Coverages

Feds tighten tax rules for small businesses and passive income in budget

February 27, 2018 Craig Wong - THE CANADIAN PRESS

OTTAWA – The Liberal government moved to tighten the tax rules for small businesses in the federal budget Tuesday as it fine-tuned the changes that prompted an uproar last year. However, Finance Minister Bill Morneau still faces the challenge of