IBAO: Promoting Insurance To Value – Commercial Accounts

(2 Technical Hours) 70% of commercial buildings are under-insured by up to 40% the replacement cost value. What is the broker’s liability in a case of under-insurance? Learn the impact of bylaws and building codes, and the instances tenants must insure buildings. OBJECTIVES: * Learn the underinsurance zones of a typical Commercial account * Understand […]

January 11, 2017 | Last updated on September 10, 2024
1 min read

(2 Technical Hours) 70% of commercial buildings are under-insured by up to 40% the replacement cost value. What is the broker’s liability in a case of under-insurance? Learn the impact of bylaws and building codes, and the instances tenants must insure buildings.

OBJECTIVES:

* Learn the underinsurance zones of a typical Commercial account
* Understand actual cash value, replacement cost, functional replacement cost and co- insurance including stated amount co-insurance
* Learn the difference between re-construction and new build
* Understand selling insurance to value including E&O concerns

Connect with FIRST Canada at the 2024 RIMS Canada Conference

Announcements

Connect with FIRST Canada at the 2024 RIMS Canada Conference

TORONTO, ON, SEPTEMBER 25, 2024/insPRESS/ – Navigate the evolving risk management landscape confidently through innovative solutions from FIRST Insurance Funding of Canada (FIRST Canada). As a trusted partner in premium financing, FIRST Canada empowers risk managers and brokers with flexible financial solutions designed to address today’s complex risk environment. Connect with the FIRST Canada at […]

September 25, 2024

3 min read

Mojgan Golavar Joins ClaimsPro SRD’s Marine Division in Western Canada

Announcements

Mojgan Golavar Joins ClaimsPro SRD’s Marine Division in Western Canada

VANCOUVER, BC, SEPTEMBER 19, 2024/insPRESS/ – ClaimsPro, a leading North American provider of independent claims adjusting services and an SCM company, today announced Mojgan Golavar will join its Specialty Risk Division (SRD) as an Executive General Adjuster and Marine Surveyor within its Marine Division. ClaimsPro’s SRD is Canada’s largest team of commercial loss professionals, and […]

September 19, 2024

3 min read

Unica Insurance Announces Partnership with QuickFacts

Announcements

Unica Insurance Announces Partnership with QuickFacts

MISSISSAUGA, ON, SEPTEMBER 19, 2024/insPRESS/ – Unica Insurance is proud to announce a partnership with QuickFacts, a revolutionary software solution dedicated to transforming insurance brokerage operations, enhancing efficiency and elevating client services. The partnership will give Unica brokers exclusive pricing to access the QuickFacts platform and immediately benefit from a 20-30% increase in efficiency. QuickFacts […]

By Irene | September 19, 2024

2 min read