How To Protect Commercial Property From Wildfires Wildfire seasons in Canada are becoming more intense, occurring more frequently and doing more damage. In 2023, almost 18.5 million hectares of land were destroyed, the worst wildfire season ever recorded. This trend carried on throughout 2024, with $8.5 billion in insured damages, the greatest amount for any […]

Spring Flood Risk for Commercial Properties: Is Your Business Prepared? Spring thaw in Canada brings increased threat from flooding for commercial properties, besides the warmth of the sun. Floods are now Canada’s most frequent, damaging natural disasters, averaging $800 million worth of insured losses in a year. With the increase in extreme weather events, especially […]

Discover how home renovations in Canada can affect your home insurance and learn what steps to take to stay secure with A-Kan Insurance. Home Renovations & Insurance: What Every Canadian Should Know As per CIBC (Canadian Imperial Bank of Commerce), nearly 49% of Canadians are engaged in the process of planning, conducting, or had recently […]

Personal Liability & Umbrella Insurance: Who Needs It and Why? Personal liability claims are on the rise in Canada. According to the Insurance Bureau of Canada (IBC), liability-related insurance claims have increased in recent years due to factors like social inflation, growing legal costs, and an increase in personal injury lawsuits. In fact, homeowners and […]

The Benefits of Bundling Insurance Policies The best way to protect your peace of mind at the same time while enjoying savings is to bundle your insurance policies. At A-Kan Insurance, we’ve seen firsthand how combining coverage for your home, auto, and even business needs can streamline your insurance experience and offer significant financial benefits. […]

AI-Driven Cyber Insurance: Essential Strategies for Canadian Businesses A recent survey by the Insurance Bureau of Canada found that 65% of Small and Medium-sized Business owners in Canada are concerned that Artificial Intelligence (AI) and new technology will make it harder to protect themselves against cyber risks. Their fears aren’t unfounded. Cyber attackers are leveraging […]

Top Commercial Insurance Broker to Choose in Alberta for 2025 When it comes to protecting your business, choosing the right commercial insurance broker is crucial. With Alberta’s diverse and dynamic business landscape, the best brokers can offer expert guidance, tailor coverage to your unique needs, and provide ongoing support. In 2025, Akan Insurance stands out […]

Insurance Trends in Canada: Challenges and Opportunities The first half of 2024 has been a promising start for Canada’s property and casualty (P&C) insurance sector, with revenues up by 9.25% and net income growing by 60% compared to 2023. These numbers indicate stability however the challenges loom as the industry faces record-breaking natural disasters and […]