A-Kan Insurance

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 […]

Earthquake Insurance : Need & Tips To Stay Safe Canada has seen a notable increase in natural disasters over the last few years, including floods, wildfires, hail storms, hurricanes, tornadoes, and earthquakes. In fact, the Insurance Bureau of Canada says increasing natural disasters caused over $3.1Billion in insured damages annually over the last two consecutive […]

Navigating Business Insurance in Alberta Starting and running a business can be hard. However, Alberta business owners can be confident when venturing into this field because the province provides tremendous support for small businesses. From start-up assistance and fund grants to tax credits and market expansion, business owners can take advantage of a variety of […]

Auto Insurance Claims: A Complete Guide Accidents happen. When they do, understanding the auto insurance claims process can feel overwhelming. It’s hard to stay level-headed when something unforeseen happens, let alone remember exactly how to make an insurance claim and how the process works. It’s important to know how making a claim works and what […]

Navigating Commercial Vehicle Insurance & Claims Accidents and unforeseen incidents can happen, even to the most cautious businesses that rely on commercial vehicles in Alberta. When such events occur, understanding the commercial vehicle insurance claims process is essential for a smooth and efficient resolution. This blog post aims to serve as a comprehensive guide to […]