The Numbers Edition | ALIGNMENT Matters issue 11
2,200,000 is a number that I’ll never forget as well as the number 1 reason that led me to launch ALIGNED.
15 years ago, I was involved a serious and tragic auto accident and found to be at fault. Shortly after the accident, I received a Statement of Claim in the amount of $2,200,000.
In what still feels like a miracle, my insurance broker and insurance company made certain those involved received compensation for the injuries they incurred and repaired my vehicle. Insurance was there when others and I needed it most…for this, I will always be grateful.
You can read The Numbers Edition of our monthly e-publication ALIGNMENT Matters issue 11 below
Each and every day, ALIGNED advocates deliver a different kind of insurance broker experience to Canadian businesses. You can read the full ALIGNED story here…
Andrew Clark, MBA, CAIB, RF, FCIP, RPLU
President & CEO, ALIGNED Insurance Inc.
ALIGNMENT Matters issue 11 | The Numbers Edition
In ALIGNMENT Matters issue 11 you can read about a concerning and emerging risk issue and an insurance product that’s specifically designed to help address it:
- [D&O insights] $5.32M is the average total cost of a data breach in Canada, according to the Ponemon Institute. If you sit on a board and a suit is filed against you after a data breach occurs, you will not be protected by your CGL or cyber liability policy. In fact, your best source of protection is…
- [101 insights] Property Insurance Basics “In 2013…P&C insurers…for commercial property insurance…paid out $4.7 billion in net claims incurred.” Insurance Bureau of Canada Facts 2015, pg 49 Your livelihood depends on the survival of your business. For instance, a fire could destroy your business’s warehouse and contents, or a burst frozen pipe could damage important documents and…
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