Hard markets, COVID-19, and why certain commercial sub-segments are being affected?
Topics: Home Insurance, About OTC Insurance
Getting to know Shannon Vaughan, CIP, CRIS – Commercial Line Account Manager
Shannon Vaughan is one of OTC’s Commercial Lines Account Managers. Throughout her 20 years in the Commercial Insurance Industry, Shannon has attained many skills, education and experience with a broad range of client industry backgrounds. She holds an education designation as a Chartered Insurance Professional and Construction Risk and Insurance Specialist. Her extensive experience includes managing Large Volume General Contractor type of accounts, Surety and reviewing CCDC contracts and applying these requirements to customer program needs.
Continued learning is of high regard to her career goals and for the benefit of her clients. She is currently enrolled in the Canadian Risk Management Program and Management Liability Insurance Specialist Program. Shannon is dedicated to learning everything there is to know about her clients’ business, educate them about insurance products for their business, and provide timely customer service to meet their insurance needs. She is known for her responsiveness, attention to detail and for her ability to make even the most complicated insurance policies comprehensible.
Topics: Commercial Insurance, Women in Business
Is there a connection between increased suspicious claims and COVID?
Since the COVID pandemic has arrived, RSA, a Canadian general insurer, has found an increase in the number of suspicious claims being flagged for possible fraud investigation compared to those during pre-pandemic times.
Topics: Commercial Insurance, Cyber Insurance, Home Insurance
How Will Solar Panels Impact my Home Insurance?
Solar panels are a great way to invest in your own property and reduce your energy bills as well as your overall environmental impact. As a homeowner, you may have to consider several factors when deciding whether or not to install solar panels on your property. Installation costs, energy savings and other factors are common considerations when it comes to making the decision to switch to solar energy to power your home. One factor you may not yet have considered is the impact your new solar panel system will have on your home insurance. To help you make an informed decision you should contact your broker before installation.
Topics: Home Insurance
Tips to help customers prevent water-based losses
The Insurance Bureau of Canada found that water damage is a leading cause of catastrophic losses. These losses added up to close to $2 billion every year. One way insurers can help their customers avoid water-based losses is by taking the correct preventative measures around their property.
Topics: Home Insurance
A house fire of any size is devastating, which is why taking an active approach in preventing fires is so important. This spring, take some time to review this fire prevention list to make sure you're on the right track to preventing fires:
Topics: Home Insurance
Topics: Home Insurance
Auto rates on the rise during the COVID-19 pandemic
You may have heard that auto insurance rates have been on the rise since the pandemic began in March 2020.
Topics: Auto Insurance
Is your vehicle ready for spring roads? Ensure your vehicle is in good shape so you can keep your attention where it belongs – on the road.
Topics: Auto Insurance
Water damage is one of the leading causes of home insurance claims across Canada. Whether it’s caused by a sewer backup, the spring thaw, or burst pipes, damage caused by water can be costly and inconvenient to repair. Luckily, there are simple tips that may help protect your home:
Topics: Home Insurance