ALIGNMENT Matters issue 14
Construction Risks? We Can Help You Build A Strong Insurance Foundation. Orange pylons, detours & cranes are among the most obvious signs that the Canadian construction season is in full swing. If your business is involved with any aspect of the construction process &/or about to build, renovate or repair property, now is time to understand what your current policy will and […]
Third-Party Risks – What You Need To Know
Third-Party Risks – What You Need To Know If and when something goes wrong, your customers will look to your organization first and foremost for a resolution. Even though your business invests time and resources to manage and mitigate risk, third-party risks are complex and often only come to light after a disaster strikes or […]
Mortgage Broker Insurance Overview
Mortgage Broker Insurance 101: Does your mortgage broker insurance policy meet the FSCO Guidelines? Since 2008 it has been mandatory in Ontario for Mortgage Brokers to carry errors & omissions liability insurance. Other provinces; Alberta, British Columbia and Manitoba have also made Mortgage Broker’s Errors & Omissions Liability insurance mandatory. As published on the FSCO […]
Lost Document Bond Overview
Lost Document Bond Overview What is a Lost Document Bond? Lost Document bonds are required by issuers and registrars of negotiable securities certificates from the rightful owners of such certificates in the event that a replacement certificate has been requested because of the loss or destruction of the original certificate. How Do Lost Document Bonds […]
Bar Insurance Coverage Info | ALIGNED Insurance
Bar Insurance Overview Who Needs Bar Insurance? Any organization or company that handles or serves alcohol needs specialized liability insurance as a standard commercial general liability insurance policy almost always excludes liability arising from the sales or distribution of alcohol at your establishment. Some organizations that must have or should consider bar insurance include: Bars and/or Pubs […]
ALIGNED Proudly Supports Juvenile Diabetes Research
ALIGNED Proudly Supports The Juvenile Diabetes Research Foundation ALIGNED Insurance believes that it is a privilege to handle our clients insurance needs and that it is our corporate social responsibility to give generously and regularly to support the great work charitable and not profits organizations do every day across Canada. As part of our commitment to give regularly, […]
Commercial Property Insurance Terms
Commercial Property Insurance Terms There are numerous important commercial property insurance terms, but this is an overview of a few key terms. According to its glossary, the International Risk Management Institute (IRMI) defines a commercial property policy as “an insurance policy for businesses and other organizations that insures against damage to their buildings and contents […]
ALIGNED Actively Recruiting For Assistant Advocate Position
Position: Assistant Advocate ALIGNED is actively looking for growth focused, entrepreneurial minded people who are interested in being part of a winning culture and rapidly growing team. More About ALIGNED: ALIGNED is for people that believe insurance is more about helping people than maximizing profits. It’s an organization that was built to exclusively serve the […]
ALIGNED Proudly Supports Women in Crisis
ALIGNED Proudly Supports Guelph-Wellington Women in Crisis ALIGNED Insurance believes that it is a privilege to handle our clients insurance needs and that it is our corporate social responsibility to give generously and regularly to support the great work charitable and not profits organizations do every day across Canada. As part of our commitment to give regularly, every […]
Professional Indemnity Insurance Overview
What is Professional Indemnity Insurance? How does Professional Indemnity Insurance Compliment Liability Insurance? It’s a good news, bad news situation. The bad news: Lawsuits, once a measure of last resort, are now commonplace in settling disputes. The good news? You can protect yourself, and your business and reputation, by investing in errors & omissions/professional liability […]
Wrap Up Insurance Explained
Wrap up insurance programs are centralized insurance and loss control programs that can protect the project owner, general contractor and/or subcontractors under a single insurance policy or set of policies for the construction project. Insurers typically offer two types of wrap up insurance programs based on the party paying for and/or coordinating the program: Owner Controlled Insurance […]
Asbestos Insurance Coverage Info | ALIGNED Insurance
Asbestos Insurance Overview Asbestos Def: is a set of six naturally occurring silicate minerals,[1] which all have in common their eponymous asbestiform habit: long (roughly 1:20 aspect ratio), thin fibrous crystals, with each visible fibre composed of millions of microscopic “fibrils” that can be released by abrasion and other processes.[2] They are commonly known by their colours, as […]
Builders Risk Insurance
Insights 101 | Builder’s Risk explainer Risk happens. And that’s why builders risk insurance is specifically designed to cover property during the period of construction, including renovation and repair that is typically is purchased by either the property owner or general contractor. It’s needed because most commercial property policies will exclude or null and void […]
ALIGNMENT Matters issue 13
There’s More To ALIGNED Than Insurance First and foremost, there are the people who wake up each and every day with a singular purpose in mind – to develop and deliver the best business insurance products and risk management strategies possible. Our group of insurance advocates continues to grow and for the second month in a row, I’m very pleased […]