--000000000000cfcefe05df5221be Content-Type: text/plain; charset="UTF-8" Sounds good. On Wed, May 18, 2022 at 4:47 PM Brian Scott wrote: > OK, this seems fine to proceed with payment to avoid any coverage > disruption. We'll let Gallagher look at this in Q1 next year as part of > our broader insurance review. > > On Tue, May 17, 2022 at 2:32 PM Sean Cygan wrote: > >> Hi Brian, >> >> This is what our broker emailed to me. >> >> Sean >> Frank Stigter >> 2:27 PM (3 minutes ago) >> to Sean >> >> Good Afternoon: >> >> >> >> The premium is made of a few factors: >> >> 1. Liability limit >> 2. Gross revenue >> 3. Contents value >> 4. Business interruption coverage >> 5. Equipment Breakdown limit >> 6. Crime Coverage >> >> >> On Tue, May 17, 2022 at 1:15 PM Sean Cygan wrote: >> >>> Hi Brian, >>> >>> I will ask our broker. >>> >>> SEan >>> >>> On Tue, May 17, 2022 at 12:41 PM Brian Scott wrote: >>> >>>> Sean, can you ask the broker how the premiums were determined? >>>> >>>> On Tue, May 17, 2022 at 12:28 PM Timothy Thomas wrote: >>>> >>>>> I believe the corp dev team set up this relationship. >>>>> >>>>> On Tue, May 17, 2022 at 3:14 PM Brian Scott wrote: >>>>> >>>>>> who worked with the broker? Did we provide any data that was used to >>>>>> calculate the premiums? This is my first time engaging on the Canada >>>>>> policies. >>>>>> >>>>>> On Tue, May 17, 2022 at 9:55 AM Timothy Thomas wrote: >>>>>> >>>>>>> They do seem high relative to our price in Montreal, which is around >>>>>>> 7k, however I do not have much experience with insurance outside of Quebec. >>>>>>> I'll let Brian confirm. >>>>>>> >>>>>>> Thanks Sean. >>>>>>> >>>>>>> On Tue, May 17, 2022 at 11:49 AM Sean Cygan >>>>>>> wrote: >>>>>>> >>>>>>>> HI Tim and Brian, >>>>>>>> >>>>>>>> I agree as I just looked at Waterloo and Oakville and they are set >>>>>>>> at the same limits. >>>>>>>> >>>>>>>> Is it ok to have the following invoices paid for the annual premium? >>>>>>>> >>>>>>>> West Vancouver - 18,074 >>>>>>>> Toronto - 22,771 >>>>>>>> Calgary - 10,946 >>>>>>>> Winnipeg - 12,634 >>>>>>>> >>>>>>>> Sean >>>>>>>> >>>>>>>> On Mon, May 16, 2022 at 11:58 AM Timothy Thomas >>>>>>>> wrote: >>>>>>>> >>>>>>>>> Hi Sean & Brian. >>>>>>>>> >>>>>>>>> I spoke with all the GMs this morning and due to our augmented >>>>>>>>> staffing business in certain offices, we must maintain 5 million dollar >>>>>>>>> liability coverage which is required by most facilities. As we will >>>>>>>>> continue to build this service out across canada I would recommend we set >>>>>>>>> this as the minimum coverage level. >>>>>>>>> >>>>>>>>> Thanks. >>>>>>>>> Tim >>>>>>>>> >>>>>>>>> On Mon, May 16, 2022 at 2:38 PM Sean Cygan >>>>>>>>> wrote: >>>>>>>>> >>>>>>>>>> Hi Brian. >>>>>>>>>> >>>>>>>>>> I believe so. >>>>>>>>>> >>>>>>>>>> Sean >>>>>>>>>> >>>>>>>>>> On Mon, May 16, 2022 at 11:36 AM Brian Scott >>>>>>>>>> wrote: >>>>>>>>>> >>>>>>>>>>> Good questions. Is this for all of Canada? I can ask our >>>>>>>>>>> insurance broker in the U