Employee Crime

Does Your Business Need Crime Insurance?

Anthea Business Insurance

As a leader within your organization, you want to trust your employees and the people you do business with. However, no business is immune to the threat of crime and fraud. In fact, the Association of Certified Fraud Examiners estimates that a business can expect to lose 5 per cent of its revenue to fraud each year. Thankfully, companies can …

How Does Key Person Life Insurance Work?

Anthea Business Insurance

PROTECT YOUR KEY ASSETS! Most organizations employ at least one individual who is essential to the company’s success. This person may be a partner, a majority stockholder or an individual with expertise that is unmatched throughout the rest of the company. If this person’s exit from the company is planned, such as retirement or voluntary termination, then you can prepare …

Cyber Attacks

Ransomware Attack Sweeping the Globe

Anthea Business Insurance

Another global cyber attack was activated over the past few weeks leaving companies across Europe, Australia and the United States struggling to respond. This outbreak may be the most sophisticated of a series of attacks initiated after hacking tools were stolen from the National Security Agency and leaked online in April. Similar to the WannaCry attacks in May, the most recent …

Cyber Insurance

Cyber Insurance: 6 Things You Need to Consider

Anthea Business Insurance

In today’s interconnected world, it seems that no organization is immune from experiencing a cyber attack. In fact, there is a saying in the cyber security community that there are two types of businesses: those that have been breached and know it and those that have been breached and just don’t know it. As more and more companies have experienced …

Federal Budget

Can the 2017 Federal Budget Impact Your Employees’ Benefits?

Anthea Business Development, Business Insurance

The Liberal government recently tabled the 2017 federal budget, which Finance Minister Bill Morneau says will put Canadians to work and make the country more innovative and globally competitive. The full budget details how the government will spend $330 billion ($1 billion of new spending) on programs, services and paying down Canada’s debt. Included in the 280-page budget are a …

IT security

IT Security Is a Top Challenge for Firms Around the World

Anthea Business Insurance

A recent survey conducted by Protiviti and the Information Systems Audit and Control Association (ISACA), found that cyber security, privacy issues, infrastructure management and emerging technologies rank as the top IT challenges facing organizations today. The annual survey—A Global Look at IT Audit Best Practices—gathered responses from over 1,000 IT audit professionals and focused on emerging technology, IT implementation, audits, …

Directors and Officers Liability

5 Common Sources of Directors and Officers Liability

Anthea Business Insurance

In today’s business climate of corporate transparency and accountability, an organization’s officers and directors face a myriad of exposures. Regardless of your company’s size or mission, the legal costs associated with a lawsuit can be crippling for both the organization and your directors and officers. Directors and Officers Liability The following are five of the most common sources of directors …

Workplace injury

Watch Out! Avoid These 4 Common Workplace Injuries

Anthea Business Insurance

Research indicates that the most common workplace injuries across all industries are repetitive strain injuries (RSIs), falls, overexertion and road accidents. Watch this quick video to see how “harmless” situations can quickly turn into injury: Thankfully, such injuries can be avoided by following a few simple steps: 1. RSIs To avoid RSIs, make sure your desk and chair are adjusted …


Benefits of Creating a Workplace Wellness Program

Anthea Business Insurance

Workplace Wellness Programs: An Employer’s Guide to Promoting Wellness at the Workplace There are many different types of wellness programs. The purpose of these programs is to promote healthy lifestyle wellness initiatives and can include smoking cessation programs, on-site gyms, healthy food initiatives, wellness education, disease management and much more. While some businesses have instituted very comprehensive health programs, others …

Social Engineering

Social Engineering Fraud Coverage

Anthea Business Insurance

Social engineering fraud (SEF) is a type of fraud that’s become increasingly common over the last several years. However, even though many instances of this fraud transpire over email communications, it’s a company’s crime policy—not a cyber policy—that would often provide coverage in the event of an SEF loss. That’s why it’s especially important to understand your crime policy, how …