Errors and Omissions Insurance: What is it?
E&O Insurance aka Professional Liability Insurance Errors and Omissions insurance aka professional liability insurance aka E&O insurance is a type of liability coverage designed to protect traditional professionals (e.g., accountants, attorneys) and other professionals (e.g., human resource consultants, management consultants etc.) against liability incurred as a result of errors and omissions in performing their professional services. What Does Errors and […]
Managing Mergers and Acquisitions Risks
Managing Mergers and Acquisitions Risks It is a trend today for mergers and acquisitions to have more condensed timelines than they used to, which can lead to less time for performing a due diligence review. A rushed mergers and acquisitions due diligence process increases the number of risks that could slide under the buyer’s radar when […]
D&O Insurance Explained | Insurance Brokers Canada
Insights 101 | D&O insurance aka Directors and Officers insurance explained Board members need protection too. This is why it is important to understand specifically what Directors and Officers insurance can do for your organization. If you’ve been searching online for information about “D&O insurance Canada” you’ve landed on the right page. Unlike commercial general liability […]
Commercial General Liability (CGL) Policy Explained
What is CGL Insurance? Commercial General Liability Insurance is a standard insurance policy issued to businesses and organizations to protect them against the following liability claims arising out of premises, operations, products, and completed operations: Bodily injury (BI) Property damage (PD) Personal injury Advertising injury The CGL policy insurance was introduced in 1986 and is […]
Sales Professionals : ALIGNED IS HIRING!
Position: Sales Professionals ALIGNED is actively looking for growth focused, entrepreneurial minded people who are interested in being part of a winning culture and rapidly growing team. Q: Every brokerage is looking for good Sales Professional so why would I choose ALIGNED? A: Our Fee For Service / 0% Commission model is the cornerstone of how we […]
Risk Management Tip : Managing Young Workers & Interns
Risk Management Tip : Managing Young Workers & Interns Summer is finally here, meaning you can look forward to higher temperatures, longer days and an extended vacation. But summer is not just about leisure—for many young people, summer is a time for seasonal employment to make money while on break from school. As an experienced […]
Employee Theft Insurance Explained
Employee Theft Insurance You may feel that your employees would never steal from you or that your business would never be the victim of employee theft, but the harsh truth is that nearly every business is eventually victimized by fraud or employee theft. In this day and age, thieves (including your employees) do not need […]
ALIGNED Insurance Named Company To Watch!
ALIGNED Insurance Named Company To Watch By Canadian Insurance Top Broker Magazine The June 2014 edition of Canadian Insurance Top Broker magazine features ALIGNED Insurance as a Company To Watch! The complete article entitled Game Changer is available here and the text is included below. “ALIGNED Insurance is stirring things up with its fee-for-service brokerage model In […]
Product Liability Insurance 101
Product Liability Insurance 101 Product Liability Insurance provides solid protection for your business relating to manufacturing or selling products, foods, medicines or other items to the public. It is typically found under the Products-Completed Operations Insurance extension as part of the Commercial General Liability (CGL) Policy. This coverage protects against liabilities for losses due to […]
Fire Insurance Overview
Coverage 101 | What you might not know about fire insurance A fire in your workplace can be extremely costly. In addition to the costs associated with fixing the damages, there is also a good chance that your day-to-day business activities will be interrupted during the repairs. To avoid potential expenses related to workplace fires, […]
Alternative Risk Transfer Explained
Alternative Risk Transfer Defined Alternative Risk Transfer, often referred to as alternative risk transfer, means using techniques other than traditional insurance and reinsurance to provide your business with coverage. Alternative risk transfer is typically available to companies with low risk profiles and a dedication to maintaining safe operations, because the insured partly assumes a portion […]
Commercial Property Insurance Policy 101
Commercial Property Insurance Policy 101 Commercial Property Insurance Def: A commercial property insurance policy is for businesses and other organizations that insure against damage to their buildings and contents due to a covered cause of loss, such as a fire, flood, earthquake, tornado & wind. The policy may also cover loss of income or increases in expenses […]
Employed Lawyers Insurance Explained
Employed Lawyers Insurance The adage “You can be sued for anything these days” may be all too familiar for attorneys. However, many in-house attorneys fail to purchase Employed Lawyers Insurance aka Employed Lawyers Professional Liability Coverage to protect themselves against potential lawsuits. Even though most claims are brought on by clients, employed lawyers are also […]
Construction Insurance: The Pros & Cons of an OCIP
Construction Insurance: The Pros & Cons of an OCIP The Advantages & Disadvantages of an Owner Controlled Construction Insurance Program (OCIP) A Controlled Construction Insurance Program (CIP), also known as a “wrap-up” or Owner Controlled Construction Insurance Program (OCIP), enables a construction company owner or contractor to protect his or her business and various other […]
Slip and Trip Hazards: Identification & Risk Management
Slip and Trip Hazards Slip and trip hazards can be the cause of high frequency and severity claims that can be suffered by employees, customers and or the general public. Use this checklist to help identify common slip and trip hazards in your workplace and actions you can take to resolve them. Make sure you […]
