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Professional liability insurance is crucial for various professionals Podcast 02

Professional liability insurance is crucial for various professionals Podcast 02 Professional liability insurance is crucial for various professionals, protecting them from financial losses stemming from errors or omissions in their services. The text highlights the importance of this insurance for diverse fields, including accounting, advertising, consulting, real estate, and technology, emphasizing that mistakes can happen …

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Rising Stars 2024

Rising Stars 2024 Congratulation! Terance Tsang Wallace Li Stone Shek

Trade Wars and EV Claims Costs Podcast 08

Trade Wars and EV Claims Costs Podcast 08 In 2024 Q2, the average repair cost for battery electric vehicles was $6,534 A North American trade war against China is impacting the electric vehicle (EV) market. Higher tariffs on Chinese EVs, imposed by both Canada and the US, are predicted to slow EV adoption in these …

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How can Insurance help in Trade War +25% Tariffs between the U.S. and Canada? Podcast 07

How can Insurance help in Trade War +25% Tariffs between the U.S. and Canada? Podcast 07 Mitigating Trade War Risks for Clients New tariffs between the U.S. and Canada on various goods are impacting businesses. Insurance professionals are advising clients on mitigating these effects through strategies such as supply chain diversification, utilizing business interruption insurance, …

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Auto insurance premiums rising by an average of 11.3% Podcast 06

Canada auto insurance premiums rising by an average of 11.3% Podcast 06 Canada experienced record-high catastrophe losses in 2024, totaling $8.5 billion, leading to a hard market in personal auto and home insurance. This resulted in significant premium increases across all provinces in the fourth quarter of 2024, with auto insurance premiums rising by an …

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Podcast 05 Cyberattact in School and any Business Owner

Podcast 05 Cyberattact in School and any Business Ower Can Cyberattacks cause significant harm to schools? Goodrates Insurance, cyber insurance services for businesses of all sizes. It emphasizes the vulnerability of businesses to cyberattacks and highlights the importance of cyber insurance to mitigate risks such as data breaches and operational disruptions. A data breach affecting …

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Is Usage-based insurance (UBI) a way to save on car insurance? Podcast 04

Is Usage-based insurance (UBI) a way to save on car insurance? Podcast 04 https://youtu.be/MzjkzMPnlXI?si=yrv3zB7nfPS15qS0 Usage-based insurance (UBI) is a way for auto insurers to garner customer trust. The study indicates that customers with UBI policies report higher satisfaction levels with their insurance companies (89%) compared to those without UBI policies (81%). Here are some key …

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