Companies are expanding their global footprint more frequently, and with that comes additional and unique risks. In this article authored by Intact’s Jeremy Allerton, he outlines three scenarios where locally admitted insurance should be purchased when an insured has an international presence and is exposed to their local laws, regulations, etc. Read the full article to learn more, and how Intact can provide multinational solutions to such circumstances.

As winter fades away and spring beckons, it's time to get your boat back on the water. But before you can set sail, you'll need to undo all the winterizing you did to protect your vessel during the colder months. De-winterizing your boat is a crucial step to ensuring it’s properly functioning. 

Click the link to read complete article by National Marine Underwriters.

Spring is finally here – which means it’s the start of boat season! If you live in an area finally experiencing warm weather, it’s time to de-winterize your boat. Before you get back into the water, it’s essential to have the boat fully prepared after sitting immobile for so many months. 

Click the link to read complete article by National Marine Underwriters.

Going into a new year, inflation continues to be a key topic for individuals, but are your business customers keeping pace? Insurance to Value is not a new concept. Each year leading up to renewal, it’s one of the many items on an underwriter’s checklist - to update values for a business. Often, insurance customers suggest that values are fine as is. However, in this current environment, that approach will likely result in under-insured property values and it’s more important than ever have those values updated at renewal – says Betsy Good, Vice President of Collateral Lines, Intact Financial Services, in our latest issue of News from the Vault. Click the link to read more.

You winterized your boat, and you think it’s tucked away safe until spring. Think again! The mobility and value of a boat makes it a tempting target for thieves, especially when it’s in winter storage. Click the link to learn how you can mitigate the risk of boat theft.  

After a long summer of boating fun, boaters across the country are preparing their boats for their yearly hibernation. Taking the extra steps will not only protect the boat but will ensure an easier, stress-free launch come springtime! Click the link to read the complete winterization checklist by National Marine Underwriters.

The Atlantic Hurricane Season is nearing its peak time as we approach late summer and early fall. Though conditions have been in our favor till now, NOAA (National Oceanic and Atmospheric Administration) still expects an above-normal season in the coming months. To ensure you and your boat are protected, National Marine Underwriters offers some resources.

Click the link to read.

Incidents continue to be reported to banks and their insurers involving data compromises that occur at the bank customer's location. Banks are saddled with a dual duty when it comes to wire transfers – securing against wire fraud through your own policies and procedures, and helping customers secure themselves against data compromise. 

In our latest News from the Vault article, Craig Collins of Intact Financial Services shares some of the most common and evolving methods of data compromise. Click the link to read the complete article.

Bank jugging is a term used to describe a scenario where a robber waits in the parking lot or other area near the bank and observes customers going in and out of the bank location. They look for customers who exit the bank with a deposit bag or a thick cash envelope. Branch lobby entrances, in-store teller lines, drive throughs, and ATMs are prime locations for this to occur. The customer is followed by the jugger to their next destination, whether it be to the grocery store, gym or home. The jugger will then take the opportunity to either break into their vehicle or rob them directly.

In our latest News from the Vault article, Craig Collins of Intact Financial Services shares ways to identitify a potential jugger and safety tips. Click the link to read the complete article.

"In business, and in life, very few of us want to be perceived as moving slowly. Speediness has become the most desirable state, from rolling out products before your competitors to enrolling our children in every extracurricular to find the talent that will slingshot them ahead of their peers. We need to redefine what moving slowly can really mean in business. Slow is thoughtful. Slow is strategic. Slow is smooth…", said Vineet Bansal, Chief Information Officer at Intact Insurance Specialty Solutions in a latest article for Forbes.

Vineet, who is also a Forbes Council Member, remarks on the dangers of moving too quickly in business and outlines key factors to achieve business success and longevity.

Click the link to read complete article.