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Welcome to this special edition of The Wire, specifically for insurance brokers based in Canada. ITIC produces several Wires (ITIC’s e-newsletter) in a year, which are focused on a particular area of cover, activity, or geographic region. Past issues of The Wire can be found by clicking here and scrolling to the bottom of the page.
ITIC has been providing professional indemnity insurance to companies in Canada for over 30 years. ITIC currently has nearly 60 assureds in Canada on both the East and West coasts.
The majority of the ITIC assureds in Canada are ship managers, followed by ship agents and shipbrokers. Whilst ITIC clearly has a strong grounding in marine business, other transport professionals can also be insured, such as those in the aviation and offshore industries. This edition of The Wire explores and explains the cover that ITIC can provide to the wider transport businesses.
The following selection of articles are intended to provide both interesting reading for you and practical loss prevention advice, which can be pass onto your clients.
Insurance brokers and ITIC
Over 80% of ITIC’s annual premium is produced by insurance brokers and as such the insurance broking community is a very vital part of what makes ITIC the successful insurance company that it is.
The ITIC website contains a wealth of information, but in an attempt to make your lives easier, there is an area dedicated to insurance brokers, which is intended to provide you with proposal forms, sample policies, details on ITIC’s finances and answers to frequently asked questions.