Axis Insurance News & Insights

Subscribe and stay updated to the latest news and insights

3 Ways to Avoid Vicarious Liability When Working With Subconsultants

Vicarious liability arises from the common law doctrine of “agency law” and occurs when someone in a superior or controlling role...


( read )

Tags: Professional & Financial Services

6 Contract Tips for Professionals Working on Green Design Projects

Sustainability. Green Design. LEED Certification. These are terms that design firms are becoming very familiar with and that...


( read )

Tags: Professional & Financial Services

A Quick Guide to Professional Liability Coverage for Law Professionals

Many in-house attorneys fail to purchase Employed Professional Liability Coverage to protect themselves against potential...


( read )

Tags: Professional & Financial Services

What Is Vicarious Liability? A Guide for Architects & Engineers

Vicarious liability arises from the common law doctrine of “agency law” and occurs when someone in a superior or controlling role...


( read )

Tags: Professional & Financial Services

The 5 Phase Approach to Value Engineering

The following five-phase approach has been developed by the Society of American Value Engineers (SAVE International) and today...


( read )

Tags: Professional & Financial Services

Soils and Storm Water Professional Liability Claims to Watch Out For

What are today’s trends in professional liability claims against architects, engineers and other design firms? There are a...


( read )

Tags: Professional & Financial Services

Bad Contracts Professional Liability Claims to Watch Out For

What are today’s trends in professional liability claims against architects, engineers and other design firms? There are a...


( read )

Tags: Professional & Financial Services

School Building Project Professional Liability Claims to Watch Out For

What are today’s trends in professional liability claims against architects, engineers and other design firms? There are a...


( read )

Tags: Professional & Financial Services

HVAC Professional Liability Claims to Watch Out For

What are today’s trends in professional liability claims against architects, engineers and other design firms? There are a...


( read )

Tags: Professional & Financial Services

Residential Building Professional Liability Claims to Watch Out For

What are today’s trends in professional liability claims against architects, engineers and other design firms? There are a...


( read )

Tags: Professional & Financial Services

Understanding Green Design and How Design Firms Can Benefit From It

As green design becomes an increasingly popular trend, design firms that decide to venture into this field can gain...


( read )

Tags: Professional & Financial Services

5 Challenges and Risks of Sustainable Green Design Projects

As with every emerging trend that hits the design field, green design presents challenges for both the design firms that...


( read )

Tags: Professional & Financial Services

3 Reasons Why Sustainable Green Design Continues to Grow in Popularity

Sustainability. Green Design. LEED Certification. These are terms that design firms are becoming very familiar with and that...


( read )

Tags: Professional & Financial Services

How to Manage Risks on Different Design-Build Project Variations

The design-build style type of project continues to grow as a project delivery method of choice for project owners looking for a...


( read )

Tags: Professional & Financial Services

7 Tips to Better Manage Risks on Contractor-Led Design Builds

As design-build style projects continue to grow as a project delivery method of choice for project owners looking for a...


( read )

Tags: Professional & Financial Services

The Pros and Cons of Different Design-Build Project Variations

Design-build continues to grow as a project delivery method of choice for project owners looking for a streamlined approach to...


( read )

Tags: Professional & Financial Services

How Architects and Engineers Can Minimize Errors and Omissions

As an architect or engineer you are expected to provide quality services and produce error-free work on a daily basis. Such...


( read )

Tags: Professional & Financial Services

Why Architects and Engineers Need Professional Liability Coverage

As an engineer or architect, you work in a highly skilled, detail-oriented industry and are expected to provide quality design...


( read )

Tags: Professional & Financial Services

Attack on Accountants: Impact of Cybersecurity Breaches and Data Hacks

As we rely more and more on technology and companies have their employees work from home, the risk of having a cybersecurity...


( read )

Tags: Cyber, Professional & Financial Services

Understanding the Craft of Value Engineering

One of the main goals of an engineering project usually involves having the project be built for maximum function but with...


( read )

Tags: Professional & Financial Services

5 Questions to Ask Before Selecting a Subconsultant

It is very unlikely that an architect or engineer acting as lead designer can complete a project without subconsultants. This...


( read )

Tags: Professional & Financial Services

4 Ways to Avoid Vicarious Liability When Working with Subconsultants

Vicarious liability arises from the common law doctrine of “agency law” and occurs when someone in a superior or controlling role...


( read )

Tags: Professional & Financial Services

Commercial General Liability Insurance for Realtors

Commercial General Liability (CGL) insurance is intended to cover damages caused by negligence that has resulted in property...


( read )

Tags: Construction, Contractors & Real Estate, Professional & Financial Services

Business Interruption Policies and Coronavirus

 

As the coronavirus (COVID-19) outbreak evolves, businesses face growing uncertainty as to how this pandemic will affect their...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Pandemic Property Loss Prevention Checklist

 

In response to the COVID-19 pandemic, many employers across Canada have had to either temporarily close their business doors or...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Managing Liability Exposures in a Rough Economy

 

An economic downturn can be a turbulent time for businesses in every sector worldwide. Sinking revenues and economic...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Loss Control Tips for Residential Property Management Companies

 

Managing a property—whether it be an apartment, strata or similar dwelling—can be a challenge, particularly from a risk...


( read )

Tags: Professional & Financial Services

COVID-19 & Business Interruption Insurance: A Brief Q&A

 

Got questions about how the current COVID-19 pandemic relates to your commercial insurance? Thanks to the Insurance Bureau of...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Top 6 E&O Risks for Insurance Brokers

 

As an insurance broker, most of your duties are centered around developing risk management strategies and solutions for the...


( read )

Tags: Professional & Financial Services

8 Common Risks for Mortgage Companies

 

Mortgage companies are financial institutions that lend funds for purchases of residential and business real estate. The...


( read )

Tags: Professional & Financial Services

Cyber Liability for Law Firms

 

Insurance agents and brokers sell insurance products to a variety of consumers, both personal and commercial. Four major...


( read )

Tags: Professional & Financial Services

7 Common Risks for Insurance Agents & Brokers

 

Insurance agents and brokers sell insurance products to a variety of consumers, both personal and commercial. Four major...


( read )

Tags: Professional & Financial Services

Protecting Financial Institutions Against Security Breaches

 

Financial institutions are top targets for security breaches. Though the media often reminds us of high-profile network leaks,...


( read )

Tags: Cyber, Professional & Financial Services

Safety Tips to Avoid Slips and Falls in Financial Institutions

 

Slips and falls account for most work-related injuries in financial institutions, and an unguarded wet floor is just one of the...


( read )

Tags: Professional & Financial Services

Security & Disaster Readiness Planning for Financial Institutions

 

As a financial institution, countless people and businesses rely on you every day for your services. Maintaining your daily...


( read )

Tags: Professional & Financial Services

7 Common Exposures for Financial Institutions

 

As a financial institution, your customers trust you with their money. And, whether you provide checking or savings accounts,...


( read )

Tags: Professional & Financial Services

Benefits of Professional Liability Insurance for Accountants

 

While accounting professionals are committed to providing their clients with accurate and high-quality service, mistakes can...


( read )

Tags: Professional & Financial Services

Architects & Engineers: Protect Yourself Against Errors and Omissions

 

In your field, you are expected to provide quality services and produce error-free work on a daily basis. Such precision is...


( read )

Tags: Professional & Financial Services

Common Commercial Risks that Every Architect Should Know About

 

Despite your years of experience or keen eye for detail, risks are an inevitable part of doing business. While the stakes are...


( read )

Tags: Professional & Financial Services

Architects & Engineers: You Need Professional Liability Coverage

 

As an engineer or architect, you work in a highly skilled, detail-oriented industry and are expected to provide quality design...


( read )

Tags: Professional & Financial Services

Four simple steps to protect your small business

As a small business owner, you have poured your heart and soul into your work. Building your own business venture takes drive and...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

The three pillars of effective digital marketing

Small businesses do not always have the time or resources to dedicate much to their marketing efforts, but they have a lot to...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Crime Insurance - Protecting you from criminal acts and behaviour

Crime is everywhere. From petty street crime to multi million dollar fraud, it can take many different forms. There are many ways...


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

North American CEOs among the most optimistic: report

Cyber threats top the list of worries from corporate leaders 

Corporate optimism about short term prospects rose to record...


( read )

Tags: Manufacturing, Construction, Contractors & Real Estate, Retail & Hospitality,

Elements of an effective slogan

A recent article in the Guardian pitches a formula for an effective charity slogan: “Unique + ruthless = unforgettable.”


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Adding an Additional Insured to your policy

Somebody asked to be added to my General Liability insurance policy as Additional Insured — what does this mean?


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Everything you ever wanted to know about deductibles

Most people understand that deductibles refer to the amount you’d pay out of pocket in the event of a claim, but there’s more to...


( read )

Tags: Manufacturing, Personal Solutions, Nonprofit, Sports & Recreation,

Commercial General Liability 101

Wondering about the basics to Commercial General Liability Insurance? Here's an explainer from Axis.


( read )

Tags: Manufacturing, Nonprofit, Sports & Recreation, Construction, Contractors & Real Estate,

Let us know how we can help you today.

At Axis we provide all lines of commercial and personal insurance. We would love to speak with you.