Blog Post
Written by: Dan Savvidis Commercial Account Executive, Cowan Financial Solutions In a recent survey of consumers and brokers conducted by Allianz Canada, Business Interruption (BI) was named as one of the most important risks for businesses. In the same survey done globally, BI has placed first for the second year in a row. Interruption? The insurance definition is simple and concise. BI is “loss as a result of an event that interrupts the operations of a business”. Events such as mechanical breakdown, cyber incidents, fire and flood can result in business closure for many months, and sometimes longer than a... read more →