Finanacial Institutions Insurance

CapriCMW's Financial Institutions Group has years of experience in managing the risks of banks, credit unions, mortgage lenders, construction lenders, financial planners, stock brokerages and foreign exchange dealers. We understand the need for competitively priced programs, including coverage for direct losses to property, lost income and the timely replacement of assets.

Our liability programs provide protection of customer goodwill by insuring against third-party claims arising from your products and services. We also advise on the unique risks arising from providing professional financial advice, errors in administration and collateral asset impairment.

Our finance industry risk advisors will support your needs in non-insurable areas such as contract review, risk control for safety of premises and reviews of employee safety.

Our Financial Institution Liability Insurance solutions include:

  • Competitively priced property programs covering buildings, equipment, data processing equipment and related contents on site or in transit
  • Liability programs providing protection from customer incidents on premises and claims arising from security protecting customers and the premises
  • Loss of income programs for business interruption as well as expediting expenses to quickly reopen
  • Professional liability programs for financial advisors and stock brokerages as well as executive protection for directors and officers - Collateral loan/mortgage impairment programs
  • Environmental protection programs for real estate lenders
  • Employee group health and benefits programs
  • Directors and officers, employment practices liability and fiduciary liability programs
  • Cyber and privacy insurance
  • Financial institution bonds and crime insurance designed for operations with large cash exposures and irregular limits on premises or off premises
  • Claims management assistance and advocacy to smooth customer goodwill, settle claims quickly and maintain strong insurer relations

Recent Blog Posts

Business Insights / Construction, Real Estate, property development
Changes to the BC Building Codes come into effect on December 12, 2019

The BC government has announced changes to the BC Building and Plumbing Codes designed to address…

Nov 27th, 2019 | By: CapriCMW
Business Insights / data breach, privacy breach, PIPEDA
Canada's Privacy Commissioner Releases New Guidance on Data Breach Notifications

Organizations hit by a privacy breach (that meets certain conditions) must now notify affected…

Nov 7th, 2019 | By: CapriCMW
Business Insurance / Property Management, Residential Building, Strata Corporation
Best Practices for Managing Your Strata's Increasing Insurance Deductibles

In response to the increasing costs and frequency of water damage claims, insurers of strata…

Oct 30th, 2019 | By: Danielle Russell

Talk to an Advisor

Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.

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