Skip to main content

Posts

Showing posts from November, 2021

What is Event Liability Insurance, and Why is it so Important?

Insurance is a contract between an individual and a company in which the individual receives a certain amount of money in case of a significant loss or misfortune. For example, health insurance helps recover a certain amount of hospital expenses caused by severe health issues or accidents. Similarly, event liability insurance is specifically for hosts or event managers to recover their expenses in case of cancellation, damage, or injury. Managing an event is a matter of patience, attention to detail, and a lot of planning. No matter how much planning goes beforehand, however, things might go wrong on the day. Diminutive issues can be supervised on the spot, but significant mishaps, unfortunately, require insurance to recover. Special event liability insurance supports the host from tragic incidents like an injury, damage to any expensive equipment, or, worse, event cancellation due to unforeseen circumstances. The events usually covered by event liability insurance are- wedd

CHES Solutions Spécialisées Quebec City Office Strengthens Quebec Presence for the MGA

  TORONTO, ON, NOVEMBER 16, 2021/insPRESS/ —  CHES Solutions Spécialisées   has significantly strengthened its Quebec presence with the opening of a new office in Quebec City. “We are seeing very strong business growth from the Retail Brokers in and around the Quebec City region, and in accordance with our successful strategy of being available to brokers in their region, we are delighted to support the Quebec City insurance industry with our award winning service, extensive capacity and appetite,” said Gary Hirst, President and Chief Executive Officer of  CHES Special Risk . CHES Special Risk is one of only a few remaining independently owned and operated MGA’s in Canada, offering Brokers access to P&C market products, as well as life, Group Benefits, and investment advice, through our Sister operations of  CHES Vie  and  CHES Life . “ We have been servicing Brokers in the Quebec City region for a number of years, and have several Underwriting team members already operating from t

Why is it necessary to have Construction Insurance in Canada?

Construction is one of Canada's big business industries, and it provides jobs to more than 1.2 million Canadians. The compound annual growth rate is up to 8.5% by the year 2024, and it makes growth around $354.9 billion. Due to its increasing growth, it is also essential to get it insured so your workers can work without any worry and efficiently.   Planning for future risk management and construction coverage insurance for any construction company is key to staying ahead. However, there are two common types of risk are involved  Property damage Causing injury to third party   All the contractors, electricians, renovation contractors, and HVAC technicians need to obtain a minimum of $200,000 contactor liability insurance and maintain valid construction insurance in Canada . In a risk-laden construction business and for a risky environment, construction coverage insurance in Canada is a must.   This Construction insurance in Canada will protect the cont