Month: November 2021

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Business Cyber Insurance May Become Mandatory

4 Reasons why business cyber insurance may become mandatory With cyber insurance increasingly becoming “vital to most countries’ economic health,” this coverage is set to become mandatory in future, a Canada-based cyber insurer executive believes. Given the growing sophistication and increased frequency of cyberattacks on businesses across the globe, according to Vishal Kundi, CEO and […]
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Home device

How smart home devices can help lower your insurance premiums?

Smart home devices can lower your insurance premiums? While 66% of homeowners own at least one smart home device, few realize this technology can help lower insurance premiums, a new survey has found. While smart sensors that monitor for water leaks have the most potential to reduce homeowners’ risks, only 7% of people surveyed make […]
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Liability insurance

Managing your construction firm’s professional liability exposure

Construction firm’s professional liability exposure Many construction companies are not aware that they may have a Professional Liability exposure, even though there is a risk of lawsuits being brought against them for financial losses associated with their operations. “Professional Liability is liability insurance that covers contractors for construction errors, negligent acts and omissions in performing […]
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