Strategic alliances can often redefine the way businesses operate and grow. The recent collaboration between Canadian Equipment Finance West (CEF West) and CMB Insurance is a testament to the power of synergy and the shared commitment to making both the finance and insurance experience simple, controllable, and predictable. It is our mutual goal to better understand how you operate within your industry, so that we can deliver better finance and insurance results. This post will delve into the specifics of of our strategic alliance and will highlight the key benefits it can bring to your business.
CMB Insurance: Industry Specialists
CMB Insurance takes pride in its ability to simplify, control, and predict the insurance experience for its clients. Having expert advisors for your industry makes for a comprehensive and risk aware insurance plan. CMB Insurance excels in crafting tailored solutions for the unique challenges each industry faces. This commitment extends across a wide array of industries, including but not limited to:
• Construction
• Forestry
• Manufacturing
• Oil & Gas
• Transportation
Tailored Solutions for Businesses of All Sizes
Small Businesses: Hand-Crafted Solutions for Growing Ventures
Small businesses form the backbone of the Canadian economy, and their insurance needs are just as crucial as large enterprises. CMB often finds small businesses are the most overlooked in terms of polices. CMB breaks down what your policy really covers and what you’re paying for so you can focus on growth. CMB Insurance provides precision-crafted solutions, ensuring that growing ventures have the right coverage without unnecessary complexity.
Medium Sized Businesses: Tactical Solutions Designed for Mid-Scale Success
Medium sized companies always encounter a key inflection point in their growth journey. Having two teams working for you allows you to focus on other decisions. This alliance emphasizes the design of strategic solutions that cater to the specific needs of medium sized businesses, offering insights and support to foster success and growth.
Large/Complex Businesses: Trailblazing Strategies for Sophisticated Risks
Large and complex organizations require innovative strategies to navigate their intricate risk profiles. The collaboration between CEF West and CMB Insurance aims to provide advanced solutions that match the sophistication of these enterprises, addressing challenges with foresight and expertise.
Expertise and Capabilities: CMB Insurance Offerings
Insurance, Surety Bonds, Self-Insurance, and Captives
CMB Insurance brings together expertise in various insurance domains, ensuring a thorough approach to business risk management. From traditional business insurance coverage to innovative solutions like self-insurance and captives, businesses can find tailored options that suit their unique requirements. Management liabilities and personal insurance are an option provided by CMB as well.
Risk Control: Mitigating Potential Losses
We know that being proactive is more effective than being reactive therefore, CMB emphasizes risk control. Through workplace safety, commercial property assessments, transportation safety measures, and legislative compliance checks, the aim is to identify and mitigate potential losses before they occur.
Comprehensive Employee Benefits
Employee well-being is a critical aspect of any business. CMB Insurance provides a wide array of employee benefits, including health and dental plans, life and critical illness insurance along with health and wellness spending accounts. CMB also provides group retirement and pensions plans allowing you to protect not only your assets but your employees as well.
CMB’s Value Proposition
Help Secure your Business
· Manages all dimensions of the program for you.
· Highlights what is not insured or what is uninsurable.
· Eliminates any gaps in your coverage.
Manage Your Costs
· Takes pre-emptive measures to address premium-driving factors.
· Stabilizes program structures between premiums and risk aversion.
· Helps in regulating the cost of all insurance policies.
Loss Control
· Performs incident, loss and claim investigations and analyses.
· CMB can provide risk, compliance, and safety consulting along with training and program development.
· Diagnoses and minimizes possible losses before they happen with the assistance of safety and compliance consultants.
Reduce the Adverse Effects of a Loss
· Updates you every step of the way and gets you paid quickly with an independent team of claims experts.
· Gets the highest value for your property.
Strategic Alliance: Uniting for a Unique Offering
CEF West and CMB Insurance are going beyond the traditional bounds of collaboration. It is a strategic alliance that leverages the combined strengths of both entities to offer customized, competitive solutions.
Expertise and Resources: Leveraging Combined Strengths
The alliance brings together a wealth of expertise and resources, creating a strong force in the finance and insurance sectors. By combining their strengths, CEF West and CMB Insurance can offer solutions that are both customized and competitive, meeting the unique needs of their clients.
Client-Centric Approach: Tailoring to Specific Client Needs
One of the cornerstones of this alliance is a client-centric approach. By understanding the specific needs of each client, this strategic alliance aims to tailor solutions that provide maximum value and protection.
Extensive Network: Access to a Wide Range of Insurers and Lenders
CEF West and CMB have access to an extensive network of finance and insurance providers. This means that businesses working with us can benefit from a diverse range of options in both funders and insurers, guaranteeing that they can choose the most suitable coverage for their requirements. Both CEF West and CMB have access to a multitude of providers giving you the most choices.
The Bottom Line
Know Your Options: No-Obligation Quotes for Informed Decisions
CMB Insurance offers no-obligation quotes, ensuring that businesses can make informed decisions about their insurance needs. This commitment to transparency and clarity helps clients understand the options available to them, ensuring they have the right protection, insurance company, and cost.
Personalized Service: Industry Specialists Understanding Your Business
Just like CEF West, CMB Insurance operates as specialists within each industry. This specialization allows for personalized service, where the unique circumstances of each business are considered. The result is asset protection and risk mitigation tailored to the specific needs of the client.
All-Star Team: Comprehensive Support for Your Business
The alliance between CEF West and CMB Insurance creates an all-star team for businesses. Industry expert teams are available for both financing and insurance needs, offering comprehensive advice and guidance. Both entities work diligently to understand the intricacies of each business, its growth goals, and the path to achieving them.