In the dynamic and high-stakes world of construction, architects and engineers are the vanguard of innovation, shaping the very structures that define our skylines and communities. With this immense responsibility comes a significant level of professional risk. Every line drawn, every calculation made, and every material specified carries the weight of potential liability. In this… Continue reading Navigating the Blueprint for Success: Why Professional Liability Insurance is Non-Negotiable for Architects and Engineers
For any professional involved in a new construction or major renovation project, from the general contractor to the property owner, a builder’s risk insurance policy is an indispensable tool. However, not all builder’s risk policies are created equal. A generic policy might leave you exposed to significant financial loss. It’s critical to ensure that the… Continue reading Building on a Solid Foundation: Is Your Builder’s Risk Insurance Truly Protecting You?
PMU Specialty, a leading Managing General Agent (MGA) provider of specialty insurance solutions, is pleased to announce the acquisition of Xpert Underwriting, an MGA focused on construction, manufacturing, SME and hard-to-place risks. This strategic acquisition solidifies PMU Specialty’s position as a leading MGA, and expands the range of specialty insurance solutions available to brokers. “We… Continue reading PMU Specialty Acquires Xpert Underwriting to Expand Insurance Solutions
The Insurance Brokers Association of British Columbia Insurance Brokers Association of British Columbia (IBABC) Annual General Meeting (AGM) was held on June 5 and 6, 2024, at the Fairmont Hotel Vancouver. As one of the IBABC’s board members, PMU Specialty’s very own Mashood Ali, CUO, was in attendance. With market knowledge and the professional connections… Continue reading Mashood Ali Represents PMU Specialty at IBABC AGM 2024
There are many high risk areas in Canada for the risk of earthquakes happening. The Juan de Fuca plate in British Columbia is the most volatile fault line in Canada. What are the implications for a business in BC to experience damage or complete destruction from an earthquake? Actually, the stats are pretty high. BC… Continue reading Five reasons a BC business needs stand alone earthquake insurance
As every business leader knows, planning and averting a crisis is a lot less expensive than mitigating a disastrous event that can ruin the reputation of a company and devastate the financial assets of a corporation. Global events and trends put pressure on Canadian companies when it comes to risk management. From localized wars half… Continue reading Global D&O trends in 2022 that are relevant to Canadian businesses
