Maintenance, demolition, aggregates ,home builders, renovation, reconstruction, P3 and new construction projects.
Contractors face many challenges with regard to insurance and we understand them and have the answers they need.
Clients include general contractors, all classes of sub-contractors, consultants and property managers.
We can also provide bonding and job specific builders risk and insurance for tenders.
With our knowledge and access to the markets, we have been successful in developing solutions to the insurance problems faced by North American Industry.
We offer comprehensive insurance programs for every manufacturing sector covering all facets of the manufacturing process – whether they are working with wood, metal or plastic.
We represent insurers who specialize in providing insurance for products and locations in the United States and World Wide.
Cyber losses are extremely costly. Just one stolen laptop that contains personal and confidential data can cost a business an average of USD $39,000. According to research by Ponemon Institute, this cost includes the laptop and stored data, as well as damage related to criminal use of stolen data. 91% of the companies are dealing with tablet and laptop thefts and/or losses.
As viruses, data leaks and cyber attacks become more commonplace, Canadian insurers are developing coverage options to help businesses manage critical liability risks. With hidden vulnerabilities coming to light only after a successful attack, standard best practices for cyber risk management are developing.
Contact us to discuss options and coverage available.
Builders Risk/Course of Construction
We have made exclusive partnerships with insurance markets to offer contractors and owners fast quotes on builders risk coverage for residential and commercial projects large and small.
By specializing in insurance for the transportation and warehousing industries, we have developed unique relationships with key underwriters which enable us to secure the very best terms for our clients.
We are fully conversant with customs bonds, fuel tax bonds and related filings for U.S. transportation, and also assist in loss prevention and driver safety incentive plans.
We can also assist in placing coverage for warehousing facilities either cold storage or dry goods and with high limits of liability.
For many years we have successfully devised and placed insurance programs for a wide range of clients in the chemical industry.
From blending and processing to storage and transportation, our policies cover both hazardous and non-hazardous products including environmental liability exposures.
Life science companies face many unique challenges in a highly specialized and competitive industry. Identifying and mitigating risk can make the difference between business success and failure. Novinsure is an independent Canadian brokerage with real life science industry experience. We really get what you do and how you do it because we’ve been there, too.
We address your business insurance needs:
Actual industry knowledge, experience and expertise allow us to provide a tailored insurance solution to meet your unique company needs.
Specialized life science team that proactively matches your risk profile to coverage.
Relationships with key insurers to ensure we secure the most cost effective insurance solution.
Flexible and customized approach to meet the unique needs of each individual client.
At Novinsure we have the strength and knowledge to manage:
Clinical research and development firms performing clinical trials
Independent facilities and university-based medical centers engaged in clinical trials
Specialty pharmaceutical, generics and nutraceutical companies
Medical device manufacturers
Distributors and wholesalers of the above industry groups
Products and Professional Liability
Clinical Trials Liability
Errors and Omissions Liability
Directors and Officers Liability
Employment Practices Liability
We handle the insurance needs of many Developers, Property Managers, Condominium Corporations and Independent Builders.
We have been successful in devising and placing tailor-made solutions to meet their individual insurance requirements.
Canadian Insurance Brokers Inc. has built a first class reputation for advising on the most appropriate underwriting programs from the initial design stage to the actual management of the completed project.
Storage Facility Insurance
Novinsure has partnered with MiniCo Insurance Agency, LLC, the leader in providing self-storage specialty insurance in the United States and Canada. MiniCo is proud to offer our self-storage insurance program in Canada . Coverages include customers goods legal liability, sale and disposal liability, business property, blanket property, building ordinance, business income, comprehensive business liability, course of construction, limited pollutant removal, employee resident manager’s personal liability, and employee dishonesty. THIS COVERAGE IS FOR THE FULL FACILTY NOT FOR GOODS IN STORAGE ONLY
Legal Expense Insurance
Legal Expenses Insurance Solutions are an important risk management tool for families and businesses alike. They provide affordable access to legal advice and representation in courts and tribunals when people or businesses are faced with unforeseen legal issues and might otherwise be deterred from exercising their legal rights only due to the substantial cost of doing so. Additionally this offers access to a variety of helpful legal documents.
The justice system can be complex and expensive. Most people think they are unlikely to become involved in a legal dispute, but an employment issue, faulty goods or a tax issue are very common problems. Taking legal action to resolve these kinds of issues are complicated and expensive. A Legal Expenses policy will allow you to defend or pursue your legal rights without worrying about the cost and stress involved to resolve the dispute.
The demand for environmentally friendly energy, products and services is strong and growing.
In renewable energy, these include, but are not limited to:
-Solar panel manufacturers, distributors and installers.
-Geothermal heating and cooling contractors.
-Wind energy contractors.
-Run of river hydro generation contractors
We have experience in all of these fields and can help you determine your insurance needs, and obtain the appropriate coverage for you.
Novinsure currently handles the risk management and insurance solutions for some of Canada’s largest chartable and not for profit organizations. With our vast knowledge and expertise we can customize an insurance policy based on every entity’s specific needs whether it be a private school, service clubs, sports organization and/or volunteer organization. Our knowledge of the Directors and Officers insurance providers and products allows us provide and develop cover with wordings so the Board and Management team can sleep well at night.
Directors and Officers
Directors and Officers Liability Insurance (often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, to cover damages or defense costs in the event they suffer such losses as a result of a lawsuit for alleged wrongful acts while acting in their capacity as directors and officers for the organization. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. It has become closely associated with broader management liability insurance, which covers liabilities of the corporation as well as the personal liabilities for the directors and officers of the corporation. Contact Novinsure for a corporate review to make sure you are appropriately protected.
From municipal pick up to plastic recycling and composting facilities to landfills and MRFS. We can assist with all your Insurance requirements.
Pollution or environmental events can have huge financial consequences. So if you have an exposure to this type of loss, proper coverage is essential.
-Environmental impairment liability
-Contractors pollution liability
-Real Estate environmental liability
Contact us for more details on these or other pollution / environmental liability insurance products.
Sports and Leisure
One of the most important things you do each day is help families, and individuals enjoy safe and unique sports, outdoors, adventure and leisure activities. But it’s just as important to make sure your business or event is properly protected so you’re equipped to handle unexpected situations that may cause damage to your property or injury to your customers, players, or spectators.
Cannabis CBD Marijuana Cannabinoid Dispensaries
We can provide coverage for licensed producers, growers and dispensaries and their unique operations. Our team will review your business and provide a comprehensive solution. Novinsure has also partnered with firms who can provide financing for Licensed Producers. Please contact us for further information.
There are many clients that don’t fit neatly into any of the above categories and may possess unusual or unique coverage requirements and exposures to risk. We have a wide range of experience in assisting these clients where “off the shelf” solutions rarely apply.
Following are some of the classes of risk that we have as clients:
-Sporting events and activies,
-Culture and entertainment,
-Importers & exporters,
-Medical services and products,
Life insurance in Ontario is one of the most ubiquitous and important policies an individual can take out over the course of their lives.
Consumer debt in Canada is now the highest it has ever been. The average Canadian has a debt to income ratio of 170%, meaning for every dollar that they earn, they owe $1.70 to a lender. Common sources of debt include mortgages, student loans, car loans, and credit card debt. If something were to happen to you, your family could be on the hook for many of your debts. If they cannot afford to pay them, they may lose the family home, their car, or face financial ruin.
Life insurance is a way to protect your family against this outcome by providing them with the funds necessary to survive should the worst come to pass.
Uber Rideshare Insurance
We now have coverage available for Uber or rideshare drivers. Please contact us for more information and a quote.
Whether you are a large established contractor or a newly established one looking to set up a bond facility, Novinsure has the experience to service your business. Contact us for more information and a meeting.
We provide coverage for commercial and corporate aviation operations, municipalities, non-owned aircraft, and light aviation risks, including individual aircraft owners and operators, certain classes of commercial business and non-air-carrier served airports and aerial applications
Ability to provide custom aviation underwriting solutions for each class of business, including corporate aviation operations, commercial/charter fleets and light aviation
Insure your cruiser, classic or sport bike
Insurance for metal workers is unique. From sheet metal, casting, finishing, CNC, fabrication,foundries or recycling we can handle all your requirements.
Technology and IT operations can benefit from our advice and market access. From circuit board manufacturers , IT staffing, website design and E and O for Tech companies we can assist you in all areas.
Personal Insurance for your home, car, cottage or recreational vehicles requires personal attention. We always strive to make sure the customer is covered appropriately and given the best service with one on one attention.
Collector and Antique Vehicles are the owners pride and joy and require unique considerations when being insured. Proper valuation and descriptions of use ensures that the owner has many worry free and fun miles!
One of the most important things you do each day is help families, and individuals enjoy safe and unique adventure and camping experiences. But it’s just as important to make sure your business is properly protected so you’re equipped to handle unexpected situations that may cause damage to your property or injury to your clients, campers or participants.
Why You Need a Canadian Broker
The policy must be issued by a licensed Canadian insurer
The premium must be paid by the Canadian subsidiary directly to a licensed Canadian broker who, in turn, must pay the Canadian insurer.
Most contracts require that Certificates of Insurance be issued on Canadian authorized insurance policies only. Your Canadian client will need issuance of Certificates to avoid delays.
A licensed Canadian broker can ensure that you deal only with licensed Canadian insurers. In Canada, insurance regulations vary from province to province. For example, some Provinces have government-run Auto coverage while others have set coverage minimums. A Canadian broker will be aware of these differences and know how to handle them.