SWG Specialty: How Your Clients Can Benefit from Fiduciary Bonds

Sep 2020

Fiduciary bonds, also known as commercial surety bonds are one of the most common types of surety bonds in Canada. They serve as a legal instrument, protecting beneficiaries, heirs and creditors when a fiduciary fails to perform honestly or competently. So, what exactly is a fiduciary?

SWG PL - Tips for Insuring Business Consultants

Aug 2020

Business consultants help organizations improve their business goals, whether it’s better financial performance, improved workflows, increased sales, or making strategic changes in operations and procedures. They do this by making recommendations after performing thorough analysis of the company’s organizational weaknesses and then developing plans for improvement.

SWG PL: Why Tattoo & Piercing Studios Need Specialized Insurance Coverage

Aug 2020

With many cities across the country entering stage 3 of the pandemic, tattoo shops and piercing studios are waiting on official guidelines to find out what they will and won't need to do in order to reopen.

SWG and International Programs Group Provide Top-Notch Claims Services

Aug 2020

Here at the South Western Group (SWG), we take our claims very seriously. That’s why we choose to align with International Programs Group (IPG). Partnering with IPG allows us to maximize our efficiency and understand our business more fully. All the benefits reaped from this partnership end up going directly to you, our Brokers and your clients (the Insureds). We’re about to tell you a little more about IPG and how partnering with them delivers the best claim experience for our clients.

SWG PL - D&O: 4 Critical Reasons Directors & Officers Need Insurance

Aug 2020

Directors and officers form the management team of a corporation. Directors supervise important business affairs of a corporation and are responsible for making decisions about its activities. Officers, by contrast, are appointed by the directors to oversee daily aspects of the organization.

SWG Property: Vacant Property

Jul 2020

COVID-19 has caused major shifts in Canada’s commercial property market, with significant increases in property vacancies. According to CBRE Group’s quarterly statistics report, Vancouver’s downtown office vacancy rate rose to 3.3% in the second quarter of this year. Meanwhile, Toronto saw an 86% jump in available office space since the first quarter of 2020. (1)