Commercial Insurance

Market Entry Strategies: A Step-By-Step Process for New Export Markets

Market Entry Strategies: A Step-By-Step Process for New Export Markets

Market Entry Strategies: A Four-Step Process for New Export Markets Information provided by Mentor Works Business owners need to evaluate the export opportunity, pilot and test exporting if possible, and have an export market plan. Now that you’ve decided that the rewards outweigh the risks and that there’s a positive return-on-investment (ROI) in your export market plan, you need to start planning export market entry strategies. In this article we’ll review some of the steps you should consider when developing an export market plan. While the following list is by no means exhaustive, it should help you start brainstorming to determine your business’ export market readiness, and some of the ways you can reduce the risks and increase your export plan ROI. Export Market Strategy Development: Review, Plan, Review, and Plan You should always review your company’s export history and…read more →

International Marketplace Insights | November 2019 Edition

International Marketplace Insights | November 2019 Edition

International Marketplace Insights | November 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: Placed an “All Risks” Contractors Machinery & Equipment policy in Kazakhstan for a company involved in an oilfield pipeline contract. Arranged the issuance…read more →

Canadian Government Funding Trends: 2019 and Beyond

Canadian Government Funding Trends: 2019 and Beyond

Canadian Government Funding Trends: 2019 and Beyond Information provided by Mentor Works Entering an election period always brings about change in the funding landscape as the incumbent government looks to continue to push their main economic development approach and a potential new government looks to establish their economic development priorities. Nearing the end of 2019, it’s time to reflect on the trajectory of government funding for small businesses in Canada. In this post we explore some of the funding trends and outlook for 2020 and beyond. R&D Funding, Innovation Funding & Technical Risk Support One of the largest business areas that the Canadian government supports through funding surrounds R&D and technical risk. Companies who are innovating, developing new products and services, and constantly trying to maintain or expand on a competitive advantage have found increased access to funding. On a…read more →

International Marketplace Insights | October 2019 Edition

International Marketplace Insights | October 2019 Edition

International Marketplace Insights | October 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: Placed UK Employers’ Liability & Excess General Liability for a client specializing in the installation of home improvements & renovations. Placed Delay-in-Start-Up /…read more →

The 3 Factors That Make Your Funding Application Competitive

The 3 Factors That Make Your Funding Application Competitive

The 3 Factors That Make Your Funding Application Competitive Information provided by Mentor Works Accessing government funding for the first time might seem daunting without knowing how the process works. If your business is new to the funding landscape, it’s important to understand the various funding types and how to navigate the funding process. Once you’ve read up on that, it’s time to select suitable programs. To do that, you need to know if the proposal you’re about to write will be competitive enough to justify funding. The Anatomy of a Government Funding Program Each Canadian government funding grant or loan has a unique set of objectives and eligibility criteria that an applicant needs to be aware of before they apply. Most programs have a website and/or guide that dives into the details of the program in more depth. These…read more →

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