Waypoint Insurance - Risk & Business Magazine Waypoint Insurance Summer 2020 Magazine - Page 5

WELCOME Welcome to the summer edition of Waypoint Insurance Risk & Business Magazine. As we are now well into 2020, it’s evident that we are seeing a shift in the industry this year. We are in a state of change, the market is hardening, and we are seeing rates increasing—industry wide. As you’ve heard, the insurance market in Canada is firming up fast! The hardening of the market is causing the “Strata Crisis” among condominium owners, who are seeing an increase in insurance cost and deductibles. Now more than ever, it is important that you have an experienced broker working for you—helping you navigate through the challenging marketplace. Here at Waypoint, we have worked extensively with our insuring partners to be able to offer coverage, premium, and claims services that are beyond compare. It is a top priority that we provide coverage with transparency that is relevant and understandable. Waypoint has always been known for being a well-established brokerage, with over 100 years in combined experience with the industry’s leading products and exceptional service. We have 17 offices spread from Vancouver Island to the lower mainland and have developed a strong digital presence for our customer’s convenience. We hope you enjoy the summer edition and that you find these articles beneficial to your business. If you’re looking for a fresh perspective on insurance, please give us a call. We would love to have the opportunity to offer you our expert advice in maintaining your coverage, allowing you to focus on the success of your business and growing steadily and comfortably. Sincerely, Tony Hayes, CEO waypoint.ca 5