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.

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.

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)

In 2019, Statista reported $5.03 billion in commercial property insurance claims. (1) Whether it’s a home-based office, a leased space, or a bricks-and-mortar outlet, every business owner needs Commercial Property Insurance. Commercial Property covers a business’ building, premises, and other physical assets, including tools, equipment, inventory, and furniture.

The COVID-19 pandemic has hurt much of the Canadian economy - except for the leisure & lifestyle industry. With Canadians under travel restrictions both internationally and interprovincially, Canadians will be spending their leisure time closer to home.

According to the Canadian Cosmetic Toiletry and Fragrance Association (CCTFA), Canada’s beauty industry rakes in $9.5 billion a year, and is steadily growing by 0.7% each year, especially in Quebec, Ontario, and British Columbia. (1) Beauticians require professional licensing in Canada as well as training from a certified cosmetology college.