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Benefits of Equipment Breakdown Insurance

Benefits of Equipment Breakdown Insurance

Benefits of Equipment Breakdown Insurance Companies need working equipment to operate efficiently and generate revenue. In fact, many organizations rely exclusively on a few pieces of specialized equipment to run their entire business. Following a breakdown, major losses can occur, and many organizations turn to equipment breakdown insurance. This is one of the most important parts of a manufacturer’s protection, as we see more claims from equipment breakdowns than other risks such as fire or water damage. Equipment breakdown coverage is designed to protect a company’s mechanical, electrical, refrigeration, production and computer equipment from unexpected breakdowns. These policies also provide coverage for explosion, electrical problems (arcing, sparking, surge) as these perils are not covered by your regular property insurance. An interruption of business usually goes hand in hand with equipment failure so it’s critical that these risks are specifically addressed….read more →

International Marketplace Insights | July 2019 Edition

International Marketplace Insights | July 2019 Edition

International Marketplace Insights | July 2019 Edition Events, developments, and opportunities in the international marketplace. We occupy a unique position in the international risk management and employee benefits marketplace, and have the ability and resources to help you globally. We provide our clients exclusive access to a dedicated, in-sourced international department, effectively on their payroll and fully integrated within their operations, acting as an extension of their team. Our network provides access to more experience, technical resources, and innovative industry expertise. We are able to provide direct local involvement worldwide and strengthen insurer relations, providing regional knowledge and expertise as well as regulatory compliance. Please contact us at 1-800-661-1518 if you have any questions or concerns regarding international insurance. Recent Successes: Arranged servicing for an admitted General Liability policy for an oilfield equipment company in Western Canada. Placed a local Business Automobile policy in St….read more →

Is Your Business Prepared To Survive The Loss Of A Key Employee?

Is Your Business Prepared To Survive The Loss Of A Key Employee?

Is Your Business Prepared To Survive The Loss Of A Key Employee? Overcoming The Unthinkable Amanda Moses was straightening up her home when the news came across the television. A small plane had crashed at the nearby Talladega, Alabama airport. There were no survivors. Amanda’s husband, Jeff, and four co-workers were aboard, on their way home from a trip to see clients in Ohio. In an instant, Amanda had lost the love of her life, and her sons, Josh, 22, and Eric, 17, had lost their father. The accident also dealt a serious blow to Auto Custom Carpets, the world’s leading manufacturer of automotive floor coverings. Jeff was president and one of three partners. The accident wiped out most of the company’s sales force, and now the jobs of more than 150 employees hung in the balance. Is your business…read more →

Live Well, Work Well – June 2019

Live Well, Work Well – June 2019

The Live Well, Work Well newsletter is an employee newsletter that is produced monthly and covers topics like health, wellness, fitness, nutrition and personal finance. This month’s issue discusses fueling your workout, summer picnic safety tips and food safety temperatures. Fuel Your Workout the Right Way You have to put gas in your car to make it go, right? The same concept can be applied to your body and working out. Just like you can’t expect your car to get you from point A to point B without fuel, you can’t expect your body to get you through a workout if it’s not properly fuelled. Here’s what you should be eating before, during and after a workout for optimal results. Before Your Workout Nutritionists agree that the best way to fuel your workout is to eat 1-4 grams of carbs per…read more →

Accelerate Three Export Strategies with Government Grants

Accelerate Three Export Strategies with Government Grants

Accelerate Three Export Strategies with Government Grants Information provided by Mentor Works Canadian businesses often express that finding new clients or partners is a pressing challenge facing their company. This issue can be especially unnerving since unused production capacity results in lost profits and ultimately poorer performance, but this doesn’t have to be the case. Often, gaining access to new clients and partners comes down to expanding your market reach. Exporting products or services to foreign countries and establishing international partnerships could have profound benefits to your organization, but it also brings a degree of risk that must be overcome. Luckily, Canadian government grants are available to help businesses reduce the cost, and therefore risk, of market expansion projects. There are several ways that Canadian businesses can tap into international markets, and the federal/provincial governments extend support for many of…read more →

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