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Jake McCoy


Recent posts by Jake McCoy

4 min read

Alberta Hidden Gems: 5 Lesser-Known Parks to Explore

By Jake McCoy on Jul 20, 2024 9:30:00 AM

Jasper and Banff often steal the spotlight, but Alberta is home to many breathtaking parks perfect for a summer adventure. Here are five lesser-known parks that promise a mix of relaxation, fun, and unique experiences.

Topics: travel insurance trailer insurance
1 min read

Tech Outage Impacting Insurance Software Across Canada

By Jake McCoy on Jul 19, 2024 9:55:00 AM

This morning a tech outage was announced impacting services across the world from banks to airlines. One of the largest insurance software providers in North America, Applied Epic, is also on that list. This software back ends nearly all information between clients and their insuring company. CrowdStrike has reported that the source for the outage is not the result of a cyber attack but rather an update that was pushed out to customers.

Topics: cyber insurance Alberta Insurance
7 min read

What Does Sonnet Leaving Alberta Auto Insurance Signal For the Industry?

By Jake McCoy on Jul 17, 2024 6:45:00 PM

The Alberta auto insurance market is in flux as both Sonnet Insurance and Aviva Direct Insurance have opted to leave the province (Sonnet auto only and Aviva Direct entirely). This sudden change in the market has left many with questions. Why did these companies leave Alberta? Is Alberta car Insurance bad business? What does this mean for policyholders with these insurance companies? Today, we seek to provide answers to some of these questions.

Topics: Online Quotes Auto Insurance Car Insurance
7 min read

Protecting Your Business with Cyber Insurance

By Jake McCoy on Jul 14, 2024 12:45:00 PM

In today's digital age, businesses rely heavily on technology to manage their operations, communicate with customers, and store sensitive data. However, with the rise of cyber threats such as hacking, data breaches, and malware or ransomware attacks, businesses are increasingly vulnerable to cybercrime. As a business owner, it's crucial to protect your business from cyber threats with the right insurance coverage.

4 min read

Risk Revealed: Alberta's Top 10 High-Theft Vehicles

By Jake McCoy on Jul 9, 2024 11:00:00 AM

The top 10 most commonly stolen vehicles in Alberta have been released by Canadian company Équité. We wanted to do an in-depth look at vehicle theft frequency rather than sheer numbers. In essence, we wanted to answer the question, what type of vehicle is most likely to be stolen if you were going to purchase one? The following numbers are based on the rate at which a specific vehicle is stolen proportional to the number of vehicles on the road. 

Topics: car thieves Car Insurance theft insurance
1 min read

Armour Day off Raffle Supports Stollery Children's Hospital Foundation - Racing For the Cure

By Jake McCoy on Jun 19, 2024 10:02:45 AM

At Armour Insurance, we love finding ways to give back to the community and offering innovative perks to our team members. When you combine both of those together, you get the Armour day off raffle program. The program is pretty simple: Armour team members from all levels can purchase raffle tickets for $2 each. At the end of the month at one of our famous happy hours, we take all of the tickets that were purchased throughout the month, and we draw one ticket out. The person who purchased the winning ticket wins an additional paid day off!

Topics: Culture Armour Insurance staff
5 min read

Insurance Companies and Climate Change: What's Being Done?

By Jake McCoy on Jun 5, 2024 1:51:06 PM

Insurance companies are in the business of risk management and mitigation. They use data and analytics to determine the likelihood of a risk occurring and what the costs for the respective damages would be if it were to happen. If insurance is not available or prohibitively expensive, the risk is probably quite high. This leads us to the main question of the day; what is the risk climate change poses to Canadians and what insurance companies are doing about it?

Topics: Inflation Alberta Insurance Climate Change
4 min read

Co-Insurance Explained: The Hidden Cost of Underinsuring Your Property

By Jake McCoy on May 23, 2024 2:00:00 PM

Co-insurance remains one of the most perplexing concepts in insurance, often leaving policyholders puzzled about its implications. In this article, we aim to demystify co-insurance by shedding light on what it entails and how it works.

Topics: Commercial Insurance Alberta Commercial Insurance Quotes Co-Insurance
2 min read

Intact Insurance Partners with Wildfire Defense Systems Ahead of Wildfire Season

By Jake McCoy on May 13, 2024 9:15:00 AM

Intact Insurance has partnered with Wildfire Defense Systems (WDS) ahead of the 2024 wildfire season. This is just one of the measures that Intact Insurance has made to protect the personal property of their customers in Alberta and British Columbia.

Topics: fire insurance fire safety intact insurance
4 min read

Risk Revealed: Ontario's Top 10 High-Theft Vehicles

By Jake McCoy on May 10, 2024 2:45:00 PM

The top 10 most commonly stolen vehicles in Ontario have been released by Canadian company Équité. We wanted to do an in-depth look at vehicle theft frequency, rather than sheer numbers. In essence, we wanted to answer the question, what type of vehicle is most likely to be stolen if you were going to purchase one? The following numbers are based on the rate at which a specific vehicle is stolen proportional to the number of vehicles on the road. 

Topics: Auto Insurance Car Insurance theft

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