Licensed insurance brokers in Canada are required to take qualifying courses and training each year in order to maintain their license.
An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides …
‘Prior or Pending Litigation’ and ‘Prior Acts’ exclusions are both policy conditions that reference the time period before the policy begins and specify what the policy won’t cover. Understand the distinction between these terms.
Learn these tricks and shortcuts, and you can significantly reduce the amount of time it takes to analyze your data and extract what you’re looking for.
Pro-rata and Short-rate are two different ways of determining the refund amount that an insured party will receive if their insurance policy is canceled before the expiry date. Understand the difference between these two methods.
A ‘Hammer Clause’ is an insurance policy provision which stipulates what happens when an insured does not consent to settle a claim, as recommended by their insurer. Learn more…
‘Named Perils’ and ‘All Risks’ refer to two different kinds of insurance coverage. Named Perils wordings are common in property insurance policies. You’ll find All Risks wordings in general liability and errors and omissions policies.
What is loss? What is peril? And what is the critical distinction between these terms?
A Claims Made policy offers coverage for claims made against the insured during the policy period. This type of policy typically comes with a reporting requirement defined as “as soon as reasonably practicable.”
Did you know you can sum a column in Excel with one click?!
As brokers and underwriters, time is a precious commodity. We need results fast!
Because time is of the essence, we put together a guide on the 5 fastest ways to do a Sum in Excel.
Licensed insurance brokers in Canada are required to take qualifying courses and training each year in order to maintain their license.
An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only provides …
‘Prior or Pending Litigation’ and ‘Prior Acts’ exclusions are both policy conditions that reference the time period before the policy begins and specify what the policy won’t cover. Understand the distinction between these terms.
Learn these tricks and shortcuts, and you can significantly reduce the amount of time it takes to analyze your data and extract what you’re looking for.
Pro-rata and Short-rate are two different ways of determining the refund amount that an insured party will receive if their insurance policy is canceled before the expiry date. Understand the difference between these two methods.
A ‘Hammer Clause’ is an insurance policy provision which stipulates what happens when an insured does not consent to settle a claim, as recommended by their insurer. Learn more…
‘Named Perils’ and ‘All Risks’ refer to two different kinds of insurance coverage. Named Perils wordings are common in property insurance policies. You’ll find All Risks wordings in general liability and errors and omissions policies.
What is loss? What is peril? And what is the critical distinction between these terms?
A Claims Made policy offers coverage for claims made against the insured during the policy period. This type of policy typically comes with a reporting requirement defined as “as soon as reasonably practicable.”
Did you know you can sum a column in Excel with one click?!
As brokers and underwriters, time is a precious commodity. We need results fast!
Because time is of the essence, we put together a guide on the 5 fastest ways to do a Sum in Excel.
