Errors & Omissions
More than just E&O insurance, we offer a full suite of corporate liability insurance solutions to protect all aspects of your business.
Provincial regulators are now mandating separate and distinct corporate E&O coverage for financial advisor agencies regardless of what personal coverage an advisor might hold. Regulators have determined that the vicarious liability extensions of an advisor’s personal coverage is insufficient to fully comply with regulators consumer protection expectations. It is important for advisors to not only consider regulatory requirements but also what will fully protect their incorporated entity.
Personal Corporate Coverage
Your agent’s E&O insurance was intended to protect you from any legal action that might be brought against you. Under Common Law and the Civil Code (Quebec), professionals are held to a higher standard by virtue of their accreditation and training.
If you have set up a corporation under which you conduct your business, this firm could also be named in any action against you. If you have licensed agents other than yourself working in your firm (including licensed administrative assistants), your firm’s exposure to claims risk is higher. Learn more…
Corporate E&O Application Form
Directors & Officers
Protect your Board of Directors from exposures arising from litigation against your organization that could negatively impact their personal finances.
Advocis Broker Services works with corporations to determine their protection needs and to provide coverage for both the company and its Directors.
Advocis Broker Services offers comprehensive Directors and Officer’s liability insurance to protect not only the assets of the organization but also the personal assets of its Directors. This solution can be scaled to suit organizations.
Coverage options include:
- Company assets and reputation
- Personal assets of Directors
- Employment practices liability insurance
Privacy and Cyber
Hacking. Phishing. Information theft. Cyber blackmail. More and more companies are at risk. Public perception of how they respond when an information breach occurs and clients’ personal information is stolen or exposed can make or break a business.
These unique risks require unique coverage. Businesses need liability coverage that specifically addresses today’s cyber threats.
All Commercial General Liability policies exclude cyber and information privacy risks, leaving businesses exposed or uninsured.
Advocis Broker Services can make sure these risks are addressed properly with Privacy & Cyber Liability protection.
Small Business Insurance
Commercial General Liability covers legal costs associated with incidents causing property damage or bodily injury to others as a result of business operations or products. Commercial Property Insurance provides protection for the whole workplace in covering the buildings, equipment and inventory.