On January 1st 2022, Direct Compensation for Property Damage (DCPD) will go into place in Alberta. This is a mandatory coverage that will be automatically added to all auto insurance policies. This includes personal vehicles, commercial vehicles and fleets, motorcycles, ATVs and motorhomes. DCPD is already being used in many provinces across Canada including Quebec, Ontario,…
Canada experiences a number of extreme weather events and natural disasters every year. It is not uncommon for a business to be forced to shut down due to a burst pipe in the building that causes extreme water damage. Business Interruption (BI) Insurance is an important policy that provides relief if an unforeseen event impacts…
Cannabis has made big strides in its short 3 years since legalization in Canada. This journey has not come without a handful of hiccups along the way. Becoming aware of the current risks faced by the cannabis industry can help you determine where to focus your attention and how to develop the best path forward…
Who needs Commercial General Liability insurance? No matter how small or large your business is, chances are that you will need a standard Commercial General Liability (CGL) policy in order to protect your company from liability risks and loss. Accidents can happen in seconds, but the damages to your business can last much longer. General…
Canadian licensed producers are sitting on overflowing inventories of unsold cannabis products. Since legalization, license holders have only sold 20% of their production, with the majority of cannabis products being stored in inventory or destroyed. A certain amount of annual crop loss is to be expected due to poor weather, plant disease, crop failure or…
CALGARY, AB — September 20, 2021 – Fuse Insurance has been shortlisted as a finalist for Digital Innovator of the Year and Brokerage of the Year (Under 10 Employees) in the sixth annual Insurance Business Canada Awards, presented by Insurance Business. The Insurance Business Canada Awards celebrate the outstanding achievements of the top brokers, brokerages,…
Don’t take the bait: recognize and avoid cyber attacks Cyber risk is a threat to companies of all sizes. The ever-changing cyber landscape makes it increasingly difficult to ensure your safety online. Smaller businesses are continuing to be targets for cyber attack, with a recent report from Coalition showing there has been a 57% increase…
Ontario residents spent a whopping $313,700,000 on retail cannabis in the first full year of legal operations, according to the Ontario Cannabis Store insights report. While Ontario may be the most populous province, that is not the case when it comes to number of cannabis stores. Fortunately, they are looking to make up ground with…
Fuse Insurance has been named a 5-Star Brokerage by Insurance Business Canada Magazine for 2021. The winners of this award are chosen based on information gathered from client surveys that rate Canadian brokerages in categories of work quality, specialist expertise and client service. The recipients have exemplified top-tier knowledge and excellence in these areas. We…
With many companies still working partially or entirely from home, it can be hard to keep everyone engaged. Employee engagement is a critical driver of business success and can have a direct impact on your bottom line. Engaged employees are often happier, more productive and will contribute to your company’s vision and long-term success. Here…