Business Insurance 101 – Supporting Businesses during the Pandemic

Canadian businesses are facing uncertain and challenging times. COVID-19 has had a devastating financial impact, and business owners continue to face new risks and challenges. When it comes to commercial insurance, many business owners are seeing their premiums rise and may be finding it increasingly difficult to get the appropriate insurance to meet their needs in certain regions.

While there are no easy solutions to the problem, Canada’s insurers are pulling together to find creative solutions to support businesses across all sectors in accessing the insurance they need. Pete Karageorgos, Insurance Bureau of Canada’s Director of Consumer and Industry Relations (Ontario), will present some of the key economic dynamics affecting Canada’s property and casualty insurers, how the industry, governments and businesses are working in partnership to address the current challenges, and more importantly, tools and resources IBC and insurers are providing to support Canadian businesses.