Your Peace of Mind is Our Policy
At Binks we go well beyond simply providing commercial insurance quotes and policies. Our simple and unwavering goal is to give businesses and not-for-profit organizations peace of mind.
With an experienced team of commercial insurance experts, we work closely with business owners, executives, entrepreneurs, managers and directors. We help people understand, address and manage the organizational risks and commercial insurance challenges that all too often keep them up at night.
Our Singular Focus Is Commercial Insurance.
At Binks we have made a conscious business decision to focus on commercial insurance only. We believe that the ever-changing landscape of risk management and commercial insurance requires a greater depth of skills, knowledge, service and expertise – the very same hallmarks that Binks has been known for, for decades.
Our People Are The Most Valuable Part of Every Policy.
It is the people behind the policy that make the biggest difference in commercial insurance. People like the commercial insurance experts at Binks. Our responsive and knowledgeable people go above and beyond to understand your concerns, help you to recognize and reduce risk and ensure that you have the kind of insurance protection that gives you peace of mind.
We Help Our Clients Reduce Risk and Improve Bottom Line Results.
We take a structured and strategic view of the many risk management areas that can affect both the availability and cost of commercial insurance for businesses and organizations. Our RiskPlanTM process helps clarify, identify and address a wide range of risk factors that can have a direct impact on the cost of insurance coverage and ultimately financial performance.
Call us today at 613-226-1350
Why Contractors Shouldn’t Rely on CGL Coverage Alone
While most contractors carry Commercial General Liability (CGL) insurance to protect them in the event of an injury or property damage to a third party, it’s a very good idea to also have pollution liability to protect against the possibility of environmental risks that may be encountered. Having separate pollution liability insurance coverage is also important because many CGL policies have restrictive exclusions which could leave the contractor high and dry in the event of an environmental exposure.
Brian Cane, Vice-President of ENCON, Construction/Environmental, has written an article entitled, “Why Should Contractors Purchase Pollution Liability Insurance?” which outlines the top five reasons why contractors should buy a separate pollution liability policy and also highlights the issues that can result from relying on a CGL policy for environmental exposures.
For more information on ENCON’s environmental insurance program, please contact us today at 613-226-1350
Deadline Looms for Federal Not-for-Profits
It does not seem that long ago that talk of a new Canada Not-for-profit Corporations Act was of a “highly anticipated” nature. In fact, the new Act was introduced on October 17, 2011 and we are now more than two-thirds of the way through the three-year transition period during which federal not-for-profit corporations have to seek continuance under the Act.
This article provides answers to questions commonly posed concerning the new Act and should serve as a wake-up call for those impacted corporations that have not yet applied for the continuance required to avoid their dissolution on October 17, 2014.
For more information on ENCON’s Directors and Officers Non-Profit insurance program, please contact us today at 613-226-1350
______________________________________________________________Binks Insurance Brokers Limited 100- 881 Lady Ellen Place, Ottawa ON K1Z 5L3 TEL: 613-226-1350 | TF: 1-877-302-4657 | FAX: 613-226-7029