Insurance has been known to be a stick-in-the-mud industry, but the firms that are ignoring technology will be left in the dust by those embracing it. That’s the advice from Fuse Insurance President Kevin Lea (pictured). “Technology is the force multiplier you need to run a successful business in modern times and insurance businesses need…
“Back at home in Canada, national security agencies are battling against malicious cyber campaigns looking to exploit the pandemic by mimicking Canadian government websites in phishing attempts, among other tactics. Government officials have warned consumers and businesses about COVID-19 related cyber scams and cyberattacks, including text messaging scams, robocalls, and phishing emails, which attempt to…
“To further contain the spread of the novel coronavirus COVID-19, provincial governments across Canada have ordered the mandatory closure of all non-essential businesses and services. One industry that is exempt from the mandatory closures, and therefore deemed essential, is the cannabis industry. All licensed cannabis producers and stores have so far been allowed to remain…
March 16, 2020 (CALGARY, AB) – To our clients, insurers, fellow brokers and industry partners, we made the decision to work from home and cancel all business travel & non-essential in person meetings, internal or external. Modern technology allows all of us to accomplish a lot, so let’s all do our part to flatten the…
December 6, 2019 (CALGARY, AB) – Fuse Insurance is pleased to announce that the firm has been selected as the winner of The Travelers Canada Award for Brokerage of the Year (Under 10 Employees) in the 2019 Insurance Business Canada Awards, held on November 28th at the Liberty Grand in Toronto. Now in its fourth…
Author: Insurance Business Canada IBC: How have you seen the insurance market for cannabis risks evolve since recreational use was legalized? Kevin Lea: The market for cannabis insurance in Canada has been slowly evolving since legalization. We’ve seen the continued strength of the MGAs and other wholesalers generally dominating the sector, similar to the way it…
CALGARY, AB, September 25, 2019 – Fuse Insurance Ltd. is pleased to announce that the firm has been selected as a finalist for Brokerage of the Year (Under 10 Employees) for the 2019 Insurance Business Canada Awards. The Insurance Business Canada Awards honour and recognize the achievements of top organizations and individuals in the Canadian…
Canadian cannabis companies should be thinking strategically about future expansion into some of the larger markets, such as Europe and the United States. Although doing so won’t come without insurance implications. “We are certainly seeing some complexities there. Some of our clients and other companies within the industry are looking to do cross-border operations,” said…
Author: Insurance Business Canada The rollout of cannabis legalization in Canada has been anything but smooth, but the insurance market is continuing to evolve and change for the better. “There are now more providers who are cannabis specialists that are operating at higher capacity – they’re adding staff to deal with the inflow of submissions and…
One sector of the burgeoning cannabis industry with its eye on the prize amid Canada’s shortage debate is the micro-cultivating market.