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 / data breach, privacy breach, privacy law
Is Your Business Ready for Breach Record Inspections?

The Office of the Privacy Commissioner will be conducting breach record inspections this summer,…

Jul 17th, 2019 | By: CapriCMW
Business Insurance / ride hailing, uber, lyft, rideshare, carshare
Ride-Hailing and P2P Vehicle Rental Services Can Legally Operate in BC as of Sept. 16, 2019

The provincial government has adopted regulations that will allow ride-hailing services and P2P…

Jul 10th, 2019 | By: CapriCMW
Business Insights / corporation, directors and officers, corporate social responsibility
BC Passes Legislation Allowing Businesses to Incorporate as "Benefit Corporations"

Recently, the BC government became the first province in Canada to pass legislation for the adoption…

Jul 3rd, 2019 | By: CapriCMW

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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