Serving Ottawa, Ontario & Surrounding Communities since 1946
Cyber insurance has become one of the most critical coverages in commercial insurance today. Despite growing awareness, many Canadian businesses still don’t fully understand cyber liability insurance or how to protect themselves against evolving digital threats.
Whether you’re a large corporation or a startup, cyber liability coverage is essential in today’s digital landscape. While major data breaches make headlines, small and medium-sized businesses are frequently targeted by cybercriminals. If your business stores client data, processes online payments, or maintains any digital presence, you’re at risk 24/7.
With expert guidance from Hicks Insurance specialists, we’ll build comprehensive cyber insurance protection at competitive rates, giving you peace of mind and keeping your business operational when threats emerge.
With remote work being standard practice, Hicks Insurance recommends that every Ontario business and individual exercise caution and obtain coverage to ensure you can counter increasingly sophisticated cybercriminal activity.
You might think your business isn’t at risk, but most companies have significant cyber exposure. You need cyber insurance if you:
✓ Have a website or online presence
✓ Operate an e-commerce platform
✓ Store customer information electronically
✓ Process credit card payments or financial data
✓ Handle personal customer information (names, addresses, emails)
✓ Use direct deposit for employee payroll
✓ Accept online payments of any kind
✓ Store confidential business data digitally
Don’t let cyber threats cripple your business. Speak with one of our cyber insurance specialists to protect yourself, your customers, your employees, and your company.
Choosing the best insurance for your business doesn’t have to be complicated—especially when you have a Hicks broker by your side. Our friendly, knowledgeable team takes the time to walk you through your coverage options, making sure everything is clear and tailored to your needs.
The ideal commercial business insurance policy meets your needs without being too costly. If your business has property, like a warehouse or office, commercial property insurance is crucial. A broker can explain this coverage, which usually includes protection for buildings, stock, equipment, business interruption, crime, equipment breakdown, transit and cargo, builder’s risk, and contractor’s packages.
Business interruption insurance offers protection against financial losses incurred when your business is temporarily shut down due to a covered event. This type of coverage comes in different forms, such as compensation for lost earnings, profits, additional expenses to keep the business running, and rental income losses.
Every business should have some form of liability insurance as part of their policy. While it may be tempting to seek out cheap insurance options, it is not advisable to compromise on liability insurance. This type of insurance can safeguard your business from the financial burden of lawsuits and legal expenses. There are various types of liability insurance available, such as General Liability, Umbrella Liability, Tenant’s Legal Liability, Professional Liability, Environmental Liability, Directors & Officers Liability, and Event and Sports Liability.
This insurance offers protection against bodily injury or property damage caused to third parties as a result of your business activities. This essential coverage safeguards you from legal liability and ensures the seamless continuation of your business operations without any disruptions.
Errors and omissions insurance offers protection if you are accused of negligence while carrying out professional duties.
Being in a position of authority as a director or officer entails a considerable risk to your personal assets, as you are personally accountable for ensuring good governance within the company. To mitigate this risk, directors and officers insurance offers coverage for the legal liabilities that directors and officers may face in both corporate and non-profit organizations.