How to Obtain Insurance

Understand the importance of insurance and get the coverage you need for your business.

Your tourism business offers visitors the opportunity to create memorable experiences. It’s essential to safeguard your business against unforeseen challenges. Insurance offers a shield against potential risks that could disrupt the rhythm of your tourism venture.

Take the First Step

Securing the right insurance can be challenging depending on the scope of services you provide. To access the right coverage, work with an insurance broker to develop a robust risk management strategy and to ensure you have coverage that meets your needs. When changes occur to material costs due to factors such as inflation, businesses should contact their existing broker to discuss if their insurance coverage needs to be increased.

Businesses are encouraged to begin a dialogue with a broker as a first step. Contact the Insurance Brokers Association of Manitoba (IBAM) to find a broker that would be a good match for your business.

The Insurance Bureau of Canada (IBC) has helpful resources available for businesses. Visit their resources page for helpful information and considerations.

IBC has a team of risk managers available at no cost to help business owners:

  • Understand risks and how to reduce them.
  • Create and evaluate a risk management plan.
  • Find a path to affordable insurance.

In 2021, IBC and IBAM were invited by the Manitoba Chambers of Commerce to present information on Commercial Insurance to the industry. This included the current state of the insurance industry and Manitoba’s commercial market, how the insurance industry is supporting businesses and helpful resources. Click here to download their presentation.

Disclaimer:

While care has been taken to compile these resources, the information included comes from sources external to Travel Manitoba. Travel Manitoba’s Resource Hub is provided as a public service, and individuals should confirm any information with the primary source prior to making decisions. Travel Manitoba, its directors and employees:

  1. are not liable for damages, injury, losses or costs of any kind arising from the use of or reliance on any information in this publication.
  2. make no representation, warranty or assurance, expressed or implied, concerning the accuracy or currency of the information in this publication, and
  3. do not provide a formal recommendation for any businesses, services or associations mentioned throughout Travel Manitoba’s Resource Hub.

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