Insurable Interest Canadian Insurance Blog

Toronto, ON (July 9, 2024) – Markel Canada, a division of London-based casualty insurer Markel International and a subsidiary of Markel Group, is excited to announce the official launch of Markel Play, a comprehensive insurance product tailored for the sports, fitness, and recreation sectors. Building on decades of specialty insurance experience and deep expertise in sport, this bespoke insurance solution represents a significant leap forward in client-centricity and innovation. Markel has a longstanding history of providing specialized insurance solutions for sport and recreational organizations. Markel Play offers comprehensive protection for sports organizations and participants, including general liability, abuse liability, property, business interruption, instructor’s errors and omissions and participant accident insurance. To complete its robust insurance offering, Markel Canada has partnered with Sport Law and the Canadian Centre for Ethics in Sport. These partnerships have provided Markel Canada with in-depth knowledge of the challenges and risks faced by both amateur sport organizations and athletes, allowing the company to tailor appropriate policies, plans and protection for them. They also allow Markel to provide additional support for policyholders, including access to the Sport Law Safe Sport Policy Suite, Safe Sport policy implementation, waiver review and recommendations, up to two hours of bespoke risk management support, and...

Comprehensive Coverage, Expert Support, Industry Expertise, and Broker Support as the Cornerstone Toronto, ON (July 8, 2024) – E&O insurance, also known as Professional Liability insurance, is crucial for professionals who offer advice or services. It protects them from potential legal claims arising from negligence, errors, or omissions in their work. Understanding the increasing demand for robust E&O coverage, CHES Special Risk has expanded its offerings to cater to the unique needs of a wide range of professions. This strategic development underscores CHES Special Risk’s commitment to providing comprehensive and tailored insurance solutions to professionals across various industries. As professionals in diverse fields face increasing risks and complexities, leading MGA in Canada, is committed to delivering tailored E&O policies that address specific professional liabilities. Their specialized E&O insurance offerings cater to a wide range of professions, including: Accountants Actuaries Architects Engineers Insurance brokers Patent agents Solicitors Surveyors Managing General Agents (MGAs) and binding authorities. Comprehensive Coverage for Specific Professional Risks CHES Special Risk’s E&O insurance policies are meticulously crafted to cover a broad spectrum of professional risks. Senior Underwriter Hoang Quan Nguyen emphasized, “Our goal is to provide policies that are not only comprehensive but also finely tuned to the...

Westland continues to grow across Canada with an Alberta acquisition Surrey, BC (July 8, 2024) – Westland Insurance is pleased to announce that it has acquired Alberta Best Insurance Ltd., effective July 2. This marks Westland’s continued expansion across Canada and strengthens its position in Alberta. Alberta Best Insurance is a well-established property and casualty brokerage with locations in both Beaumont and Leduc, Alberta. For over 35 years, Alberta Best Insurance and their team of expert insurance professionals have built a strong reputation for their unwavering dedication to helping clients find the insurance solutions that best suit their needs. “We’re thrilled to welcome Alberta Best Insurance to the Westland Insurance family and expand our distribution footprint in the province,” said Jamie Lyons, President and CEO of Westland Insurance. “This partnership not only strengthens our market presence but also underscores our commitment to delivering exceptional insurance advice and options to the broader Alberta community. Alberta Best’s dedication to exceptional client service also aligns with our core values, and we’re confident that this will bring immense value to our Albertan clients.” Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions. About Westland Insurance Group...

New app will provide easy-to-purchase travel, renters, and other specialty insurance plans Bellingham, WA (July 1, 2024) – Goose Insurance Services Inc., the innovative creator of a cutting-edge insurance Super-App, is rebranding in the U.S. with the launch of its new app, SmartBunny Insurance. SmartBunny aims to help tens of millions of underserved consumers, offering a seamless and user-friendly platform for instant insurance coverage. The app provides a wide range of insurance options, including renters, phone insurance, final expenses, term life, travel medical, and more, ensuring users can easily access the protection they need within minutes. “Insurance doesn’t have to be complicated or burdensome. You no longer need to call multiple insurance agents or wait on hold for hours. Our Super-Apps eliminate the barriers that once prevented people from getting the coverage they need, making the process quick and convenient,” said Dejan Mirkovic, Co-Founder and CEO of Goose Insurance Services Inc. “The SmartBunny app is the fastest way to buy insurance, enabling consumers to self-serve and get coverage easily. Simply download the SmartBunny app from the Apple App Store or Google Play, and in minutes, you can secure the insurance you need.” SmartBunny reflects this name change as an exciting...

Hudson Restoration expands to Niagara with new office and branch manager Toronto, ON (July 2, 2024) – Hudson Restoration, a leading boutique and eco-friendly property restoration firm, is excited to announce the opening of its new office in the Niagara region. This expansion underscores Hudson Restoration’s commitment to providing exceptional service and sustainable solutions across Southern Ontario. Greg Creedon, who has been a vital part of the Hudson Restoration team as the Senior Project Manager at our GTA location, has been appointed as the new Branch Manager for the Niagara office. Greg brings extensive experience, dedication, and leadership to his new role, ensuring that the Niagara community will benefit from the high standards of service and sustainability that Hudson Restoration is known for. “Our expansion into Niagara represents a significant milestone for Hudson Restoration. With Greg Creedon leading the new branch, we are confident in our ability to deliver the same level of excellence and environmental responsibility that our clients expect from us,” said Nick Hudson, President of Hudson Restoration. This new office will enable Hudson Restoration to better serve the Niagara region with their specialized services, which include remediation, restoration, and reconstruction for luxury residential and commercial properties. The...

GUS welcomes The Restorators to network of property restoration professionals in the Niagara region Toronto, ON (July 1, 2024) – GUS, the largest Canadian network of property restoration professionals, is pleased to announce the addition of The Restorators to its esteemed network of franchise partners. As part of our commitment to expanding coverage and enhancing services across the country, we are thrilled to welcome The Restorators to the GUS family, serving the Niagara and Greater Toronto regions. The Restorators offer a comprehensive suite of solutions for policyholders, including 24/7 emergency response, water, fire, smoke, wind damage restoration, mold remediation, and asbestos abatement. Since its establishment in 1993, The Restorators has consistently delivered exemplary services marked by professionalism and expertise. Their commitment to excellence and reliability has resulted in impeccable Google ratings, two Best of HomeStars awards in 2022, and successful completion of large-scale projects, including a massive COVID cleaning contract for a mining site in Nunavut and a multimillion-dollar water loss restoration at a retirement home in downtown Toronto. The Restorators has grown to become a leading force in the property restoration industry, their steadfast dedication to restoring properties to their pre-damaged state with the ultimate care and compassion earning...