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 […]

Key Reasons to Review Your Insurance Policy Annually New year comes with new life changes – and your insurance policy needs to keep pace with them to ensure you’re properly protected at all times. You shouldn’t wait until it’s time for your annual insurance review. Whether you’ve switched jobs, moved to a new home, or […]

Small Business Insurance 2025: Maximize Savings And Coverage As the year winds down, small businesses reflect on a year filled with challenges, opportunities, and growth. Amidst planning for the next fiscal year, now is the perfect time to review your business insurance policy. Why? Because the coverage that worked for your business at the start […]

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 […]

4 Ways to Prevent Car Theft Car theft is a growing concern across Canada, with auto theft claims increasing by a staggering 245% between 2018 and 2023. The financial impact is huge, as insurance companies reported over $1 billion in losses from stolen vehicles. But, you can take steps to protect your vehicle from becoming […]

Home-Based Business Insurance The gig economy and side hustles are booming, with more people than ever running small businesses from their homes. This trend has accelerated post-pandemic as individuals seek flexible work arrangements and supplemental income streams. In Canada, home-based businesses range from freelance writing and consulting to online retail and craft production. As convenient […]

Safeguarding Your Business From AI-Fuelled Cybercrime As cybercrime against businesses continues to skyrocket in Canada, the insurance industry urges Canadians toward protection and prevention from online breaches, ransomware, fraud, and scams. Today, the use of Artificial Intelligence (AI) in Business Email Compromise (BEC) phishing attacks leaves businesses particularly vulnerable, warns Jack Brooks, Head of BOXX […]

Things To Know While Making An Insurance Claim When a windstorm damages your roof or you get into a car accident, you won’t be in the headspace to think about your insurance claim. Talking to your insurance company may be the last thing on your mind at that moment, says Derrick Ajmo, vice president of […]

Why do you need event insurance? Event planning can be a complex and rewarding endeavor. However, unforeseen circumstances can arise, potentially jeopardizing your event and leading to financial losses. That’s where event insurance comes into play. What is Event Insurance?Event insurance is a specialized type of coverage designed to protect your event from various risks […]