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Every insurance policy starts with an application, and cyber liability insurance is no different. While the underwriting process in long-established insurance lines is streamlined, this is not the case for cyber liability insurance. Currently, application forms for cyber insurance are not standard and can be...

A Good Organizational Workflow Matters Workflows are utilized by organizations as a way to establish standardized processes and efficiencies within each department. For example, workflows can be used for consistent customer acquisition or employee onboarding experiences. Implementing efficient workflows into the workplace can provide organizations the...

The Cost of Poor Management Approximately 2 in 5 Canadian professionals have quit a job because of a bad manager, according to research conducted on behalf of staffing firm Robert Half. The survey found that 39 per cent of respondents resigned from their jobs due to...

Every facet of your organization affects your cost of risk. Regardless of the type of business you run, it can be difficult to quantify your true cost of risk because it includes both pure and speculative risk. The impact negative publicity would have on your revenue...

In today’s business climate of corporate transparency and accountability, an organization’s officers and directors face a myriad of employment-related exposures. Regardless of your company’s size or mission, the legal costs associated with a lawsuit can be crippling for both the organization and your directors and...

Benefits of Corporate Social Responsibility A new survey by Mercer Canada found that Canadian businesses are increasing their focus on social responsibility amid the COVID-19 pandemic, economic disparity and protests against racial injustice. According to the survey, 65 per cent of Canadian HR leaders believe their...

The Effects of Climate Change on Business Climate change is forcing organizations to adapt their business practices in order to remain competitive and thriving. However, a 2020 study conducted by FM Global found that 77 per cent of the world’s top CEOs and CFOs say their...

Top Cyber Threats for 2021 As the world continues to rely more and more on technology, the need to address threats to cybersecurity becomes increasingly important. With 64 per cent of organizations already having experienced web-based attacks, here are seven cybersecurity threats to be aware of in...