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10 minute read

Business resilience and recovery during COVID-19

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By: Sovereign Insurance

Sovereign® and Startup Canada joined forces on the "Business Resilience and Recovery during COVID-19" study to capture insights into entrepreneurial risk mitigation, resilience, and innovation in light of COVID-19. 

The results captured in this report reveal the risk mitigation strategies adopted by entrepreneurs to tackle the adversities caused by the pandemic, their innovative approaches taken to overcome the crisis, and the lessons learned to not only survive, but thrive during and post COVID-19. 

While we don’t underwrite small business risks at Sovereign Insurance, our purpose to protect Canadian businesses and the communities they serve drives us to help amplify the voices of small businesses and entrepreneurs. The findings reflect the Canadian entrepreneur community, but the COVID-19 challenges faced by entrepreneurs aren't unique to small business. The struggles are relatable, and the learnings can be leveraged by businesses of all sizes.  

Sovereign® is a registered trademark of The Sovereign General Insurance Company.  

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