SISL NEWS – August 2011
VOLUNTEER ACCIDENT INSURANCE
As many of you know, we acquired Hunter McCorquodale Inc., a Special Risk Accident and Health underwriter, in late 2010, but it may not have been immediately obvious to our customers how this acquisition may enhance our ability to serve our P&C customers. As such, we will endeavour to share with you some coverage ideas where we were recently able to support our broker community. This month’s focus will be on Volunteer Accident Insurance.
Many organizations rely on volunteers to enhance their success, however, need intelligent ways to manage the risk of accidents in their activities without involving their General Liability or Workers’ Compensation policies (where the law allows). Volunteer Accident Insurance covers volunteers while participating in an assignment for an organization and/or traveling to and from the assignment location.
Coverage can include:
- Accidental Death & Dismemberment (AD&D)
- Accident Medical Expense (Excess of Provincial Medical)
- Accident Dental Expenses
- Payments for catastrophic injuries such as Paralysis or Permanent Total Disablement
- Weekly Accident Indemnity for injuries resulting in total disability
Claims paid under the accident program do not affect an organization’s general liability or workers’ compensation program experience and are provided without individual underwriting and minimal administration.
Let us help you to provide this coverage to your clients’ volunteers and provide the volunteers the comfort of knowing that they will be protected in the event of unforeseen accidents.
For further information, please contact:
Sophie Strezos-Egnatis
Vice President, Business Development
(416) 408-5465
egnatiss@simmlands.com
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SIMMLANDS ANNOUNCES OUR AIRCRAFT HULL AND LIABILITY POLICY
Both private aircraft owners and companies involved in aircraft operations face the risk of potential loss or damage to a valuable asset as well as litigation involving bodily injury or property damage when one of their aircraft is involved in an accident.
Simmlands is pleased to announce our capability to underwrite Aircraft Hull and Liability risks through Berkley Insurance Company.
Click here to read more about the policy features, target risks, maximum limits, minimum premium, and coverage territory.
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NEW COVERAGE FEATURES FOR SPECIALTY AVIATION GENERAL LIABILITY POLICY
Thanks to continued support from our brokers, we have enjoyed a very productive year for our Specialty Aviation General Liability insurance product since our launch in June 2010.
We are pleased to include 2 updates to our AGL wording going forward:
- Coverage Extension: Limited Pollution Extension
- Coverage Extension: Legal Expense Insurance
Click here to read more about these new policy features.
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ATTENTION ONTARIO BROKERS
Simmlands now has a new RIBO accredited Educational Seminar for Professional Liability Insurance. Your brokers can receive two (2) Technical Credits for attendance. The session deals with a number of critical Professional Liability issues including occurrence and claims-made policies, incident and claim reporting matters, and risk management initiatives for both broker and Insureds.
Please contact either Neil McRuer or Janet Saunders for more details and on-site sessions.Simmlands now has a new RIBO accredited Educational Seminar for Professional Liability Insurance. Your brokers can receive two (2) Technical Credits for attendance. The session deals with a number of critical Professional Liability issues including occurrence and claims-made policies, incident and claim reporting matters, and risk management initiatives for both broker and Insureds.
Please contact either Neil McRuer or Janet Saunders for more details and on-site sessions.
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NOTES FROM THE GOLF WORLD…
Simmlands has long been involved with the Canadian golf industry. Our oldest client is the Canadian Professional Golfer’s Association – soon to be called the PGA of Canada (you heard it here first). Last month yours truly along with John Barclay, Neil McRuer and Suzanne Forgues attended the PGA’s Centennial Celebrations in Ottawa. Two days of golf were highlighted by a Gala Dinner that saw numerous golf luminaries from around the world in attendance. Honored guests included Joe Steranka, the CEO of the PGA of America, immediate past president of the PGA of America, Jim Remy and CEO of the PGA of Great Britain and Ireland Sandy Jones. More importantly we were able to spend time with key directors and staff of the PGA of Canada as well as related Canadian golf associations. It was a memorable experience overall and our 44 year involvement with them was recognized on a number of occasions.
The week following the Centennial Suzanne and her assistant Elaine Viau hosted a dozen of our key brokers in Quebec in a pro-am at Atlantide Golf Club. As the third year sponsor of this successful event we are hopeful of expanding the concept to other provinces over time.
While on the subject of pro-ams we are delighted to report that the 5th Annual Simmlands’ Pro-Am for the PGA of Canada’s Women’s Championship will take place on August 30th and is already a complete sell-out. Proceeds go to WICC and our many brokers and industry partners enjoy a tremendous day in the company of a woman professional who might be an LPGA player, from the Futures Tour or a club professional. The feedback each year is tremendous and all for a good cause.
John Simmonds
Chairman