At Surex, we understand how important it is to take risks and follow your dreams. After all, that's how Surex was started! Our founders had a goal and chased it. So, why can't you do the same? But, whether you want to start a small business in your hometown or take over the tech industry with your new startup company, you need to take a step back and assess the hurdles that are in your way. One of these hurdles is choosing the right type of insurance for your business. In today's article, we'll be assessing one of the lesser-known types of business insurance — premises liability insurance

Building a business from inception is difficult. Low sales, the need to constantly improve profits and services — not to mention the mammoth of expenses — can drive a business to its knees. And when normal business operations are interrupted for a significant period, most business owners are forced to shut down the enterprises. Business interruption insurance comes in handy in such scenarios. While most businesses have other types of insurance policies such as property insurance, fire insurance, and liability insurance, most entrepreneurs are quick to dismiss business interruption insurance

Running a business is a challenging affair, at least for the majority of people. And even when it seems like everything is seamless, from operations, sales, to massive profits, one catastrophic event, accident, or lawsuit can bring the whole business to its knees, regardless of how old it is. This necessitates the need for business insurance for all kinds of enterprises whether start-ups or established corporations. Business insurance not only protects vital machinery and equipment but also provides financial support if the enterprise cannot operate. While there is a wide variety of business

You finally get to start that business that you have been planning to set up. And all this has taken up almost all your savings. So, how do you protect your business against loss? While it may not be obvious to all, a business insurance policy will come in handy in the event of loss due to issues such as property damage, legal liability and theft, just to mention a few. Before we get to the factors that will determine the cost of business insurance, let’s see why it’s important to have business insurance in place. Business insurance reduces the uncertainty of business losses We live in an

On the heels of what is being deemed the world’s largest ransomware attack of encrypted data, many businesses – large and small – face uncertainty moving forward. What isn’t uncertain is the need for businesses to have cyber insurance coverage. According to an Insurance Business report, the most high-profile compromises included the United Kingdom’s National Health Service, FedEx in the United States and Renault (carmaker) in France. In Canada, telecoms company Bell Canada reported 1.9 million customer email addresses as stolen from a recent, separate attack. With cyber attacks increasing in

Fresh off being ranked as a 2017 Top 5 Brokerage in Canada by Insurance Business, Surex is now open for business in Ontario, offering auto, home, condo/tenant and business insurance. ‘’We are excited about the opportunity to do business in Ontario, Canada’s largest market,’’ Matthew Alston, COO of Surex, said. ‘’We know how competitive the market is in Ontario and we’re confident customers will find our prices and customer experience process appealing.’’ As Canada’s fastest growing online insurance brokerage, Surex’s customer proposition allows Ontarians to receive up to eight auto, home or

Manually Quoted Small Business Insurance Small business insurance is manually quoted. What this means is you can’t get an instant quote as you can with auto and home insurance. The process Surex uses for getting a small business insurance quote is as follows: Find out relevant information about your business Find out what specific coverages your business needs Figure out a fair price you’d be comfortable paying (compared to your old price) Find which of our 10+ partner companies will insure your business, for that price Review, verify and purchase your made-for-you quote with your personal

MAGRATH, AB – Fresh off being recognized as the 30th-ranked startup on the 2016 Startup 50 Canada list, Surex Co-founder Lance Miller will be a speaker at the 96th annual IBAO Convention in Toronto, Ontario on Wednesday, October 19th. The convention, put on by the Insurance Brokers Association of Ontario, recognizes and celebrates success in 2016, with an eye to the future. Speakers joining Miller include Insurance Bureau of Canada President & CEO Don Forgeron, Good Morning America’s Dr. Karyn Gordon, and New York Times Bestselling Author Justin Kingsley. ‘’I am honoured to have this chance to

Many people associate hacking with large corporations. Yes, they receive all the attention in the news, but did you know that 31% of reported breaches involve companies with fewer than 100 employees? In Canada, the evolving threat of cyber risk is rapidly increasing. Many insurance providers now offer differing levels of cyber coverage. Intact Insurance, a Surex partnered provider, is an industry leader in business (commercial) insurance. As such, their coverages will be tailored specifically to meet the needs of your business – regardless of size or industry. 5 Forms of Privacy Breach While