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SMITH INSURANCE - Official Supplier of Commercial and Group Personal Insurance for members of the Federation of Calgary Communities
ABOUT US
Smith Insurance Brokers Ltd. was formed in 1988. The three principles in the company are Allen Smith, A.I.I.C., Heather Cournoyer C.C.I.B., C.I.P. and Normand Cournoyer with combined insurance experience in excess of 75 years. The brokerage has contracts with 9 major insurers, being Royal & Sun Alliance, Aviva, AXA Pacific, Citadel General, The St. Paul & Travelers, ING, Waterloo, Traders General and Elite. By the end of 2006, the premium volume will exceed $6,000,000. The brokerage portfolio is 85% commercial insurance and 15% personal insurance and group programs.
A strategic decision to provide our largest commercial clients with personal insurance for group and non-group program was recently implemented. We believe that if a strong partnership exists between our insuring partner, our commercial customers, and Smith Insurance, this division will also expand very quickly while providing our commercial clients with a very important value-added benefit for their employees or members.
Smith Insurance insures 97% of all Calgary Community Centers and is emerging as the largest brokerage for non-profit groups. In 2006, Smith Insurance implemented a discounted group rate program for personal home and automobile of Calgary Community Association members with paid membership. Saving of up to 50% in total insurance discounts may be obtained.
WHAT WE DO
We have built a solid base of loyal and satisfied clients because
- We take time to become acquainted with your business and your unique need.
- We search out the right combination of insurance product and pricing.
- We then consult with you over time around strategies for enhancing your insurance program and managing your risk.
MANAGING RISK
At Smith Insurance, we are very proud of the specialized risk management service we provide to our clients. We understand the factors that affect insurance premiums and we monitor them constantly which enable us to act on behalf of our customers on a timely basis. We work hand and hand with our customers to control claims cost and frequency which has a positive effect on overall premium costs. We also monitor the marketplace, because knowing whether we are in a “hard” market or “soft” market is invaluable information when managing our clients’ accounts.
As an insured, you cannot control the cost of reinsurance or the declining return on equity but you can work to control your claims costs and to ensure that you have the appropriate insurance protection for your business.
CLAIMS COSTS
Insurance premiums are affected not only by what level of risk you wish to assume (deductibles) but also by your claims history and loss control measures.
Many insurance claims are avoidable: manufacturing defects; slip and fall liability claims; automobile accidents; for example. If you want to keep your claims and therefore claims costs down, you need to take steps to 'manage the risk'. Self-inspection can help you to identify areas where you can reduce the potential for an accident or incident.
ENSURING THAT YOU ARE WELL-INSURED
If and when you do experience a loss, you want to ensure that you have adequate coverage already in place for your property, loss of income and any liability claims that arise out of your premises, product sale or operations.
It is critical that you review your insurance portfolio and your business needs with us from time to time. Having an understanding of your business will help us to review your current portfolio and to recommend the right coverage for your business. Because businesses grow and change over time, it is important that you do this whenever there are new developments that may have an impact on your portfolio.
We partner with our clients to provide sound solutions to insurance and risk management.
We provide our clients with “better than industry average” solutions because of
- Our strong technical background,
- Our broad understanding of the insurance industry, and
- Our commitment to service excellence.
For more information about Smith Insurance Brokers Ltd,
please visit our website at www.smithinsurance.ca
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