Business Continuity Planning: Strategies for Success with David Crozier

In this episode of the CanadianSME Small Business Podcast, we had the privilege of speaking with David A. Crozier, President of Markel Canada. With over four decades of experience in the insurance industry, David brings a seasoned perspective and deep expertise in property and casualty insurance. Under his leadership, Markel Canada is focused on expanding its product offerings while ensuring top-notch service delivery. David shares his insights on identifying business risks, the impact of inflation on insurance, the benefits of specialty insurance products, and the importance of business continuity planning for small and medium-sized enterprises (SMEs).

Key Highlights:

• Common risks that small businesses in Canada face today and how they can identify these risks.
• How inflation contributes to the escalation of insurance premiums and affects policy coverage.
• Differences between specialty insurance products and standard commercial insurance offerings.
• Factors small business owners should consider when evaluating their insurance needs to determine if specialized coverage is necessary.
• The importance of business continuity planning for SMEs and how insurance plays a role in effective continuity strategies.

We would like to extend our heartfelt thanks to David Crozier for joining us today and sharing his expert insights on navigating the complex world of insurance for small businesses. His advice on identifying risks, understanding the impact of inflation, and planning for business continuity provides valuable guidance for SMEs looking to protect their operations in today’s economic climate.

Shoutout to our sponsors for more information find their links below:

RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.html

UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA

Constant Contact:  https://www.constantcontact.com/landing1/new-marketer?utm_campaign=canadiansme&utm_medium=sponsorlogo&utm_source=brand   

IHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSME

Google: https://www.google.ca/

Don't forget to subscribe to CanadianSME Small Business Magazine at www.canadiansme.ca  for more insightful episodes that empower your entrepreneurial spirit.