E&O – Insurance Company

Businessmen discussing details

In Canada, insurance companies are subject to a number of federal and provincial regulations designed to protect both policyholders and the insurer. As one of few companies with a dedicated Financial Institutions team, we understand the nuanced exposures insurance companies face on a day-to-day basis. Our team of dedicated underwriters can custom-tailor our product offerings to provide protection from the unexpected.

Target classes

  • Life insurance companies
  • Mutual insurance companies
  • Property and casualty insurance companies
  • Reinsurance companies

Generally excluded from appetite

  • Specialty insurers with significant focus in the U.S.
  • Viatical/life settlement insurance companies

Policy highlights

  • Claim includes a regulatory investigation against an Insured
  • Broad definition of professional services, which includes services performed by outside vendors on behalf of the insureds
  • Ability to settle a claim without Liberty’s prior written consent if the total loss from the claim does not exceed 50% of the retention
  • Reporting language is as soon as practicable, but in no event later than 60 days after the end of the policy period or discovery period
  • Non-cancelable by Liberty except for non-payment of premium


Up to $15 million

The Liberty difference

  • Dedicated underwriting team in Canada offering local service in both English and French
  • Client focused underwriting team that understands complex risks and are dedicated to providing unparalleled service
  • Strong claims reputation for mutual cooperation and sophistication in Canada with a claims team staffed with lawyers

Why Liberty?

  • • A.M. Best Financial Strength Rating ‘A’ (Excellent); S&P rating of ‘A’ (Strong)
  • • Efficient cross-border capabilities
  • • Established Canadian market presence for over 25 years
  • • Access to Liberty Mutual’s extensive international network
  • • Local underwriting authority
  • • Local risk engineering and risk control experts
  • • In-house claims service team