Defend your business from cyberattacks  with CyberSecure Canada

Defend your business from cyberattacks with CyberSecure Canada

Defend your business from cyberattacks with CyberSecure Canada

Is your business prepared for battle?

Battle against cyber criminals, that is. These modern-day pirates are multiplying on the digital high seas, targeting businesses large and small with a chilling array of assaults – disruptive hacks, malware, ransomware (demanding a ransom payment from their victims) and more.

If you think your company is not at risk, think again. Any business that uses the internet is exposed, and there’s a very good chance that criminals will target you at some point.

What is cybersecurity?
In simple terms, cybersecurity is about protecting all of your assets in the digital sphere – including your website, computers, servers, modems, tablets, smartphones and social media platforms, along with the data held on all of those technologies.

CyberSecure Canada can help you make your business cyber secure

Not surprisingly, many small and medium sized organizations (SMOs) lack adequate cybersecurity expertise and practices, due to time or financial constraints. And, it’s incredibly difficult for busy entrepreneurs to keep pace with digital technologies and risks.

Fortunately, there’s assistance ready to help. Working with the Government of Canada’s CyberSecure Canada program is a convenient way for SMOs to help protect themselves against cyber threats.

Through the program you can:

  • Improve your knowledge – Free, self-directed eLearning modules (20-60 minutes in length) tell you how to assess your vulnerabilities and protect your data, devices and networks. These modules are designed for people with minimum technical knowledge.
  • Reassure your customers/partners: Certify your business with CyberSecure Canada and take advantage of their how-to guides and resources.
  • Market your business as cybersecure: Once you are certified, display the CyberSecure mark so your stakeholders know their information is safe.

Cyber attacks are a costly problem for SMOs

Every year online criminals become increasingly sophisticated, using advanced tools like artificial intelligence, machine learning and automated technologies to inflict all sorts of financial and operational havoc on organizations. These attackers are part of a multi-billion dollar industry stealing data, damaging IT systems and disrupting customer service.

The trends are alarming. In 2021:

  • 25% of all businesses experienced cyberattacks.
  • 41% of small businesses that suffered a cyberattack reported that it cost them at least $100,000.

Ensure your organization is cyber ready – and enjoy smooth sailing

Are you up to speed on the digital threats facing your business? Are you prepared, both for now and for an increasingly digital future?

Having a cybersecurity program in place is essential to guard your data and operations in the digital era, limit the impacts of an incident, and maintain the trust of your valued partners and customers that you can keep their sensitive information safe.

Now is the right time to get cyber-ready so you can keep your business sailing smoothly, even in pirate-threatened seas. Don’t wait for a cyberattack to occur. Get started with CyberSecure Canada today to strengthen your cyber defenses and avoid the harm of a costly, disruptive cyberthreat.

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Trisura Guarantee Makes the 2020 “Top Small & Medium Employer” List

Trisura Guarantee Makes the 2020 “Top Small & Medium Employer” List

Mediacorp Canada Inc.’s annual list of Canada’s Top Small & Medium Employers has been released – and Trisura Guarantee has made the cut.

Appearing on the list for the fourth year in a row, Trisura Guarantee is honoured to be named along with so many outstanding organizations.

“It is truly an honour to be recognized among so many top organizations in Canada,” Trisura’s head of human resources, Cindy Grant, says. “When it comes to our employees, we take a simple, uncomplicated approach. It’s our entire team, everyone from Halifax to Vancouver, that make us successful through their unwavering commitment to delivering on our philosophy of excellence, discipline and passion every single day.”

2020 marks the seventh year of the competition. The editors of Canada’s Top Small & Medium Employers evaluate employers based on the following criteria:

(1) Physical Workplace;

(2) Work Atmosphere & Social;

(3) Health, Financial & Family Benefits;

(4) Vacation & Time Off;

(5) Employee Communications;

(6) Performance Management;

(7) Training & Skills Development; and

(8) Community Involvement.

Small and medium-sized enterprises (SME) have a large role in Canada, being responsible for over 50% of the nation’s gross domestic product. SME also account for over 90% of the private-sector labour force, and out of all the jobs created in the last 10 years, more than 95% are because of SMEs.

To read up on what makes Trisura Guarantee a 2020 Top Small & Medium Employer, including prioritizing work-life balance and open communication, click here.

To learn more about how winners of the competition are selected, visit the Canada’s Top 100 website.

About Trisura Guarantee:

Trisura Guarantee Insurance Company is a Canadian specialty insurance and surety company with offices across Canada, providing customized solutions and expertise through a select broker network. Trisura Guarantee is uniquely positioned to satisfy Canadian risks in Contract, Commercial and Developer Surety, Directors’ and Officers’ Liability, Fidelity, Professional Liability including Media and Cyber Liability and Warranty products.

Trisura Guarantee Insurance Company is a subsidiary of Trisura Group Ltd., a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market. Trisura has three principal regulated subsidiaries: Trisura Guarantee Insurance Company, Trisura International Insurance Ltd. and Trisura Specialty Insurance Company. Trisura is listed on the Toronto Stock Exchange under the symbol “TSU.”

About Canada’s Top Small & Medium Employers list:

Canada’s Top Small & Medium Employers is an annual editorial competition published by Mediacorp Canada Inc. The list recognizes small and medium enterprises that excel in workplace culture, as well as innovative and progressive human resources initiatives. The competition is open to employers whose head office is in Canada and have less than 500 employees globally. Qualifying companies are commercial, for-profit organizations.

Trisura Cyber Policy Ranked Among the Best in Canada

Trisura Cyber Policy Ranked Among the Best in Canada

By Sara Ametrano

 

Comprehensive cyber coverage is proving more and more crucial each year as hackers continue to become increasingly sophisticated and successful in their attacks. Insurance Business Canada recently surveyed brokers across the nation to uncover the best cyber policies on the market. The publication revealed the top 17 carriers, which included Trisura Guarantee Insurance Company.

Smiling woman with brown hair and blazer in front of buildings backdrop.

Angela Feudo, manager of professional solutions, Trisura.

Trisura’s manager of professional solutions, Angela Feudo, believes the organization’s cyber policy win is a testament to its customization ability. “At Trisura, we really listen to the insured and broker to ensure we understand what they are looking for,” she explains. “Working closely together allows us in to find the right solutions for their unique needs.”

In an ever-changing market, cyber insurance policies have had to adapt. There was a pressing need for policy structures to sustain future losses. With many individuals and companies working remotely for nearly two years, risks were greater, as was the need for education and training. “There is a greater awareness among organizations about cyber threats and, as a result, there have been improvements made around cyber security controls,” Feudo says.

As for what comes next, Trisura’s resident cyber expert anticipates there will be further market growth due to reliance on technology through process automation and internet connectivity. “The exposure for these businesses will grow and evolve and so must the insurance products that protect them. There will also be continued focus on not only cyber security controls, but also the use of cyber experts to aid in risk selection.”

Past cyber struggles and future challenges for the Canadian market are not necessarily unique. The global market must also be prepared to adapt, as Feudo notes, “cyber risk doesn’t have borders.”

About the 5-Star Cyber Awards:

Over the course of 15 weeks, Insurance Business Canada conducted one-on-one interviews with brokers and surveyed thousands more within the publication’s network. Brokers shared their thoughts on current cyber offerings and the most important policy features.

The top carriers were determined based on how they were rated in the following categories:

  • Relationships with brokers
  • Claim-handling abilities
  • Underwriting expertise
  • Product strength

For the official 2021 5-Star Cyber Awards report, click here.

Trisura Guarantee a Top Small & Medium Employer for Fifth Year in a Row

Trisura Guarantee a Top Small & Medium Employer for Fifth Year in a Row

After months of anticipation, Mediacorp Canada Inc. has released their coveted list of Canada’s top small and medium employers. And, for the fifth consecutive year, Trisura Guarantee is thrilled to be one of them.

Canada's 2021 Top Small & Medium Employers logoWinners of the competition, now in its eighth year, are selected based on several factors, including physical workplace, work atmosphere and health, wellness and financial benefits. This year, however, the editors of the Canada’s Top Small & Medium Employer list also looked for how organizations approached the unique challenges of the pandemic. In an unforeseen landscape, it has been necessary for companies to be flexible, quick to respond with solutions and helpful with employees’ concerns.

Richard Yerema, the managing editor of the Canada’s Top 100 Employers project, explained that this year’s leading companies were successful in creating the a smooth transition from working in the office to working remotely. “Not only were [the top companies] able to transition employees to working from home right out of the gate, but many already had policies in place that allowed for flexible work,” he said. “It was simply a matter of extending existing benefits, such as home office allowances and internet subsidies, to make the full transition.”

For the 2021 competition, it was important that the selected organizations offered the right benefits to help employees be as comfortable as possible with all the uncertainties we were all facing.

Over the past year, Trisura remained agile and was quick to respond to the urgency of the pandemic. The “virtual door” remained open for employees who had concerns or simply wanted to chat. Known for the social work culture, Trisura also hosted online team events, such as catch-ups and game days.

“Once again, we are truly honoured to receive the recognition as a Top Employer In Canada,” Trisura’s senior vice-president of Human Resources, Cindy Grant, says. “This past year, like everyone, we faced new challenges but worked diligently to support our team with appropriate resources to be successful. Our entire team from Halifax to Vancouver–makes the difference with their unwavering commitment to delivering on our philosophy of excellence, discipline and passion in everything we do.”

Trisura was also recognized for important initiatives and offerings, such as prioritizing and encouraging employee personal development through training and education, as well as a generous benefits program. Learn more about what makes Trisura Guarantee a 2021 Top Small & Medium Employer here.

 

About Trisura Guarantee:

Trisura Guarantee Insurance Company is a Canadian specialty insurance and surety company with offices across Canada, providing customized solutions and expertise through a select broker network. Trisura Guarantee is uniquely positioned to satisfy Canadian risks in Contract, Commercial and Developer Surety, Directors’ and Officers’ Liability, Fidelity, Professional Liability including Media and Cyber Liability, Warranty and Property and Casualty products.

Trisura Guarantee Insurance Company is a subsidiary of Trisura Group Ltd., a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market. Trisura has three principal regulated subsidiaries: Trisura Guarantee Insurance Company in Canada, Trisura International Insurance Ltd. in Barbados and Trisura Specialty Insurance Company in the U.S. Trisura is listed on the Toronto Stock Exchange under the symbol “TSU.”

About Canada’s Top Small & Medium Employers list:

Canada’s Top Small & Medium Employers is an annual editorial competition published by Mediacorp Canada Inc. The list recognizes small and medium enterprises that excel in workplace culture, as well as innovative and progressive human resources initiatives. The competition is open to employers whose head office is in Canada and have less than 500 employees globally. Qualifying companies are commercial, for-profit organizations. For more information about the competition and selection criteria, visit the Canada’s Top 100 website.

Trisura Guarantee Insurance Company remains a Full Partner of the Broker Identity Program for 2021

Trisura Guarantee Insurance Company remains a Full Partner of the Broker Identity Program for 2021

The following is a press release published by the Insurance Brokers Association of Canada.

Toronto, February 22, 2021 – The Insurance Brokers Association of Canada (IBAC) is pleased to announce that Trisura Guarantee Insurance Company has maintained its support of the Broker Identity Program (BIP) at the Full Partner level.

Trisura’s sponsorship will support IBAC’s Broker Identity Program (BIP), a national advertising campaign that raises awareness of the significant value that insurance brokers provide for their clients – choice, advice and advocacy.

In addition, their investment will contribute to important IBAC initiatives including IBAC’s technology leadership, professional development of the broker workforce, and our strong and effective federal advocacy to maintain the separation of banking and insurance, which protects consumers and promotes a fair and competitive marketplace.

“For Trisura, Covid-19 has underscored the importance and value that brokers provide to insureds and insurers alike. Trisura strives to provide our brokers with an exceptional experience and to be their consummate partner, and today’s environment has intensified this critical mission,” said Chris Sekine, Trisura’s President & CEO. “We believe that IBAC’s Broker Identity Program plays a critical role in supporting insurance brokers across Canada and we are proud to continue our participation as a Full Broker Partner.”

“Now more than ever, insurance brokers are going above and beyond to assist their customers. Trisura’s renewed investment recognizes the essential role of the broker, and we greatly appreciate their continued partnership and support,‘’ said Peter Braid, IBAC’s Chief Executive Officer.

About Trisura Guarantee:

Trisura Guarantee Insurance Company is a Canadian specialty insurance and surety company with offices across Canada, providing customized solutions and expertise through a select broker network. Trisura Guarantee is uniquely positioned to satisfy Canadian risks in Contract, Commercial and Developer Surety, Directors’ and Officers’ Liability, Fidelity, Professional Liability including Media and Cyber Liability and Warranty products.

Trisura Guarantee Insurance Company is a subsidiary of Trisura Group Ltd., a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market. Trisura has three principal regulated subsidiaries: Trisura Guarantee Insurance Company, Trisura International Insurance Ltd. and Trisura Specialty Insurance Company. Trisura is listed on the Toronto Stock Exchange under the symbol “TSU”.

About IBAC:

Founded in 1921, the Insurance Brokers Association of Canada is the national voice of over 38,000 property and casualty insurance brokers, advocating for the interests of both insurance brokers and consumers to the Government of Canada. The Broker Identity Program (BIP) was launched in 1988 to promote the value and professionalism of the insurance broker to consumers, insurers and governments.

For further information, please contact:
Denys Bégin, Manager, Marketing & Communications
Insurance Brokers Association of Canada
416-367-1831 ext. 160 or dbegin@ibac.ca
www.ibac.ca