2020 - Rising Insurance Costs: Is Your Business Ready?

Description

You may have seen in the news stories of home owners struggling to get insurance, but did you know the same thing can happen for businesses?  And without insurance, many businesses would not be able to open their doors. 

2020 is slated to be a tough market for consumers of insurance. A continued increase in costs for insurers is leading to a ?hard market?, where premiums rise and the capacity for securing insurance is diminished. 

With an increase in the number and intensity of weather events and other disasters across the world, the insurance industry is being forced to make significantly more payouts for claims than in the past, impacting the availability and affordability of insurance going forward. 

In this interesting information session, William Law, Senior Vice President of HUB International shares factors driving this trend, identifies sectors most likely to be impacted by it, and offer insights on what steps businesses can take to help make sure they remain insurable.

Event Details:
Date: March 11th, 2020
Time: 8:30 am to 10:00 am
Place BBOT office  #201 4555 Kingsway, Burnaby
Burnaby Board of Trade events are organized exclusively for members, and registration is limited to BBOT members and invited guests. 
Cost:  $10.00 for all Burnaby Board of Trade members.

Call:  604 412-0100, sign up online with your email address, or email us directly 

About our Speaker:

William Law is the Senior Vice President of HUB International and has over 16+ years of experience driving profitability through strategic planning, innovative marketing solutions and strong leadership. 
Hub International is an insurance brokerage providing an array of property, casualty, risk management, life and health, employee benefits, investment, and wealth management products and services across North America. HUB is the 2019 Recipient of the Burnaby Business of the Year award.