Directors and Officers (D&O) liability insurance is intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. It can also cover the legal fees and other costs the organization may incur as a result of such a suit.
Employment practices liability insurance covers wrongful acts arising from the employment process, such as claims of wrongful termination, discrimination, or retaliation, and covers directors and officers, management personnel, and employees as insureds.
Surety bonds act as a guarantee to your client that your contract will be fulfilled within the determined provisions. We issue bonds for goods and services providers such as general contractors, subcontractors, service operators, heavy equipment contractors, suppliers, manufacturers, and specialty contractors.
A legal expense insurance policy empowers you to reach a settlement, defend or pursue your rights in court, and take back control of your business without endangering your finances. This type of coverage is often added on to policies and can support you both personally and commercially.
This offering provides coverage in a number of sports and leisure activities for participants and volunteers. It ensures that you, as an operator, are covered in the event of an accident from which a claim is pursued against you, in the event that your general liability coverage does not cover this circumstance.
If you are planning a major renovation, adding to an existing building, or constructing something new, your standard commercial property or homeowner’s policy will exclude coverage during construction, so you will need a Course of Construction / Builder’s Risk policy. Policies can be customized for the coverage you need, whether it takes 3 months or 3 years. This includes soft costs incurred throughout the process (engineers, architects, permits) and your hard costs (labour, materials, subcontractors, etc.).
In addition to the property insurance portion of any construction project, liability must also be considered. If you are the property owner or general contractor, you’ll need general liability coverage for any potential injury or damage caused by your operations. You’ll also want to ensure that anyone working for you on the project as a contractor or subcontractor is covered. If their insurance is deficient or there are gaps, you will be held liable. A wrap-up liability insurance policy for the project acts as a blanket of coverage to protect everyone working on the project, providing one policy that covers all liability risks together.