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Parry Sound Insurance Brokers Ltd., was born out of the merger of two offices in 1996. We are an organization dedicated to providing the best insurance products available to its clients at the most reasonable costs.

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Did you know that with Parry Sound Insurance, you can make a claim 24 hours a day? Here you will find a list of all of the Insurers we represent who will be there for you...

Insurance Fraud Might Have a Wider Radius Than We Previously Thought

The insurance industry is familiar with the fight against fraudulent claims, particularly in Ontario. It’s been a hot topic for several years now, but it might actually be spreading further throughout the province more than we previously thought—despite the excellent…

The post Insurance Fraud Might Have a Wider Radius Than We Previously Thought appeared first on insBlogs.

Insured’s Coverage Claim Knocked Out

The Ontario Court of Appeal has overturned a lower decision that found an insurer owed a duty to defend an insured in a sexual assault claim, under a commercial general liability policy.  The Claim In Southside Muay Thai Academy Corp.…

The post Insured’s Coverage Claim Knocked Out appeared first on insBlogs.

COVID, BI and takeaways from the 9/11 lawsuit: An interview with someone who was there

Stephen Dishart served as Managing Director of Corporate Communication and HR for Swiss Re’s Americas Division at the time of the terrorist attack of Sept. 11, 2001. He led the strategic communication team that worked very closely with senior management…

The post COVID, BI and takeaways from the 9/11 lawsuit: An interview with someone who was there appeared first on insBlogs.

The Coronavirus: A Litmus Test for Insurance?

The immediate and direct effect of Covid-19 on the insurance industry is obvious and broad reaching. For many reasons, insurers must consider their ability to operate during the pandemic as an indication of their preparedness for the future. From claims…

The post The Coronavirus: A Litmus Test for Insurance? appeared first on insBlogs.

New Realty Risks: Getting Apartment Buildings & Condos Insured

If you’re a broker looking to insure an apartment building or condominium complex in Canada, you should be aware of the challenges — and how to navigate them. In today’s hard market, most insurance companies are reluctant to take on…

The post New Realty Risks: Getting Apartment Buildings & Condos Insured appeared first on insBlogs.

Is a COVID-19 business interruption covered under a standard Business Interruption policy?

To the lay person, it only stands to reason that a business interruption policy would respond to what for many enterprises isn’t merely an interruption in their business, it is quite possibly a death knell. This is certainly the sentiment…

The post Is a COVID-19 business interruption covered under a standard Business Interruption policy? appeared first on insBlogs.

P&C Brokerages – How to Survive the COVID-19 Financial Crisis

Someone once asked Ernest Hemingway how he went bankrupt and he responded, “Two ways. Gradually, then suddenly.” This short piece is intended to provide you with strategies to protect your brokerage and position yourself for the recovery that will follow…

The post P&C Brokerages – How to Survive the COVID-19 Financial Crisis appeared first on insBlogs.

BRACE FOR IMPACT: Coronavirus, The Canadian Economy & Insurance

P & C industry professionals, commercial insurance brokers and underwriters all love stats. After all, our entire industry is based on analyzing data and understanding trends. So, before we get started, let me start off with some statistics about the…

The post BRACE FOR IMPACT: Coronavirus, The Canadian Economy & Insurance appeared first on insBlogs.

Hickory Dickory Dock, COVID-19 Stopped our Clock

The Ontario government announced last Friday that it was suspending limitation periods while the province was under a state of emergency because of COVID-19. This will have a major impact on loss transfer and priority disputes. Loss Transfer Limitation Periods…

The post Hickory Dickory Dock, COVID-19 Stopped our Clock appeared first on insBlogs.

2020 M&A Trends in Canada’s P&C Insurance Industry

We have written this piece to share our observations on issues that have an impact on mergers and acquisitions (M&A) activity in the Canadian Property and Casualty (P&C) Insurance Industry. These observations are based on divestiture processes we have been…

The post 2020 M&A Trends in Canada’s P&C Insurance Industry appeared first on insBlogs.

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