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. More clients also means greater exposure.

In certain circumstances, the E&O coverage you carry can be extended to cover your corporation. Learn more…

Corporate E&O Application Form

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Directors & Officers

Protect your Board of Directors from exposures arising from litigation against your organization that could negatively impact their personal finances.

Large or small, for-profit companies are a target for liability claims due to the perception that they have deep pockets and will often settle to avoid litigation. What’s more, companies often either don’t invest or can’t invest in the internal resources needed to defend against liability claims. Advocis Insurance works with corporations to determine their protection needs and to provide coverage for both the company and its Directors.

The cost of litigation can be high for Not-for-Profit organizations that lack the resources of large corporations to defend against liability claims.

Advocis Insurance 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 not-for-profit organizations of all sizes and types.

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. And 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 general commercial liability policies exclude cyber and information privacy risks, leaving businesses exposed or uninsured.

Advocis Insurance can make sure these risks are addressed properly with Privacy & Cyber Liability protection.

Office Contents

Whether you own or lease the physical premises and contents of your business, theft, flood damage, or fire can shut down your business for weeks or months. Often businesses cannot operate without the physical contents of an office, compounding the catastrophe.

Office contents insurance provides peace of mind if disaster strikes. Let Advocis Insurance tailor an office contents insurance package to meet your business needs.