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Financial Institution Bonds

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The financial services industry faces strict rules and regulations. This complex market requires insurance coverage that meets regulatory requirements and also protects your specific situation. Our local authority and knowledge of the Canadian market allow us to provide superior services and solutions.

Target classes

  • Banks
  • Insurance companies
  • Investment fund managers
  • Portfolio managers
  • Private equity firms
  • Venture capital firms

Generally excluded from appetite

  • Firms with a large number of agents or financial advisors

Policy highlights

  • Double aggregate or per loss limits of liability, depending on the limit requested
  • National Instrument NI 31-103 rider which allows the limit to automatically increase up to 20% if assets under management increases
  • Multi-year bonds for certain accounts, up to 3 years, with new limits every year and installment premium due annually
  • Social engineering coverage available via rider
  • FIB Forms 14, 24 and 25 available


Up to $25 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