Skip Ribbon Commands
Skip to main content
Menu

Financial Institutions

Home>Financial Institutions
Sub Products

​The financial services industry in Canada must contend with a distinctive and stringent regulatory environment. As a result, financial institution firms have a unique susceptibility to professional liability claims and require specialized insurance products.
 
Liberty Mutual Canada is one of only a few Canadian insurers with a dedicated department specializing in Financial Institutions professional liability products, and a team committed to providing clients with unparalleled service.  Our insureds include asset managers, venture capital/private equity funds, deposit-taking institutions, insurance companies, financial intermediaries including mortgage, insurance and financial advisors, mutual funds, real estate investment trusts and other financial services related companies.
 

The Liberty Mutual Canada Difference:

  • Dedicated and sophisticated underwriting team focused exclusively on financial institutions with in-depth understanding of the Canadian financial services and regulatory environment

  • In-house claims lawyers with substantial experience helping financial services companies and individuals successfully manage the defence of claims to protect the insured's assets

  • Tailored insurance products available to assist meeting regulatory requirements

 

Liberty Mutual Canada's financial services professional liability insurance product shelf is among the broadest in Canada, and includes the following stand-alone products:

  • Private Equity/Venture Capital D&O/E&O

  • Asset Management D&O/E&O

  • Financial Institution Bonds/Follow Form Bond/Computer Crime

  • Financial Advisors E&O

  • Financial Agencies & Firms E&O

  • Miscellaneous Financial Institutions E&O

  • Insurance Company E&O

  • Directors & Officers Liability

  • Employment Practices Liability

  • Pension/Fiduciary Liability

  • Kidnap & Ransom

 

 

David BarryVice President & Eastern Region Manager, Specialty Casualty13https://spwww.liucanada.lmig.com/en-us/PublishingImages/Profiles/David Barry.jpgToronto, ONDavid Barry is driven by a simple, yet powerful, philosophy making things easier for clients. “By focusing on making it easier to do business with LIU Canada, clients can reduce the amount of time and effort spent on the transaction, allowing them to focus on running their business,” says David, who leads the Eastern Region Management Liability and Financial Institution departments, and also serves as national Financial Institutions Product Leader. “Brokers appreciate that we focus on listening to their needs and wants, and work towards finding a solution that addresses those needs and wants,” David explains. “This style of dealing with our clients gives them comfort that they are partnering with an insurer geared towards understanding their business and offering custom tailored coverage solutions.” He adds that this approach is a key differentiator that not only underpins the success of his teams, but that of LIU Canada as well. ​416.307.4666David.Barry@LibertyIU.comhttps://www.liucanada.com/en-us/Lists/Specialist Profiles/DispForm.aspx?ID=13David Barry

 

 

Keith MorrisonUnderwriting Officer, Specialty Casualty35https://spwww.liucanada.lmig.com/en-us/PublishingImages/Profiles/Keith Morrison.jpgVancouver, BC Keith Morrison's varied background helps him understand the unique risks associated with different industry classes, while enabling him to present a viable insurance solution to Liberty Mutual Canada's brokers and insureds. "I bring a broad perspective to the table with our brokers and insureds, having underwritten risks across all the major industry segments and regions in Canada" says Keith, Vice-President, Specialty Casualty, at Liberty Mutual Canada. "Our insureds' legal environment is always changing and being able to understand their business and inherent risks allows us to tailor a product that will meet their needs, in turn helping us become a trusted partner." Keith notes that Liberty Mutual Canada's dedicated regional teams help Liberty Mutual Canada stand out from the competition. "Our teams are on the ground in all the major city centres in Canada, providing dedicated and personalized service," he says. Keith further adds "Both our brokers and insureds value how accessible and responsive we are to serving their needs. Our local presence allows us to more easily respond to any urgent requests and meet face-to-face on short notice, while developing a solution in a timely manner." 604.648.1510Keith.Morrison@LibertyIU.comhttps://www.liucanada.com/en-us/Lists/Specialist Profiles/DispForm.aspx?ID=35Keith Morrison

 

 

Sandy NortonProduct Leader, Financial Institutions92https://spwww.liucanada.lmig.com/en-us/PublishingImages/Profiles/Sandy%20Norton.jpgToronto, ON416.216.2035Sandy.Norton@LibertyIU.comhttps://www.liucanada.com/en-us/Lists/Specialist Profiles/DispForm.aspx?ID=92Sandy Norton

 

 

Claims@Liberty - Financial Institutionshttps://www.liucanada.com/en-us/Documents/Liberty Financial Institutions Claims Sheet.pdfClaims@Liberty - Financial Institutions
Sell Sheet - SPC Value Propositionhttps://www.liucanada.com/en-us/Documents/Liberty - Specialty Casualty VPS.pdfSell Sheet - SPC Value Proposition
Application - Professional Liability Insurance For Financial Agencies and Firmshttps://www.liucanada.com/en-us/Documents/Professional Liability Insurance For Financial Agencies and Firm Application OKAY SECOND VERSION.pdfApplication - Professional Liability Insurance For Financial Agencies and Firms
Application - Private Equity Advantagehttps://www.liucanada.com/en-us/Documents/Private Equity Advantage Application OKAY.pdfApplication - Private Equity Advantage
Application - Miscellaneous Professional Liabilityhttps://www.liucanada.com/en-us/Documents/Miscellaneous Professional Liability Application.docApplication - Miscellaneous Professional Liability
Application - LIU Independent Review Committeehttps://www.liucanada.com/en-us/Documents/LIU Independent Review Committee Application.docApplication - LIU Independent Review Committee
Application - Investment Adviser Mutual Fund D&O/E&Ohttps://www.liucanada.com/en-us/Documents/Investment Adviser Mutual Fund DO EO.docApplication - Investment Adviser Mutual Fund D&O/E&O
Application - Financial Advisors EO Insurance - Sponsored Program Supplementhttps://www.liucanada.com/en-us/Documents/Financial Advisors EO Insurance - Sponsored Program Supplemental Application.docApplication - Financial Advisors EO Insurance - Sponsored Program Supplement
Application - Financial Advisors E&O Insurance - Sponsored Program Applicationhttps://www.liucanada.com/en-us/Documents/Financial Advisors EO Insurance - Sponsored Program Application.docApplication - Financial Advisors E&O Insurance - Sponsored Program Application
Application - Financial Advisor E&O Insurancehttps://www.liucanada.com/en-us/Documents/Financial Advisor EO Insurance Application.docApplication - Financial Advisor E&O Insurance
Application - FIB Renewal https://www.liucanada.com/en-us/Documents/FIB Liberty Renewal Application.docxApplication - FIB Renewal
Application - FIB Form 25https://www.liucanada.com/en-us/Documents/FI25 APPLICATION OKAY.pdfApplication - FIB Form 25
Application - FIB Form 24https://www.liucanada.com/en-us/Documents/FI24 APPLICATION OKAY.pdfApplication - FIB Form 24
Application - FIB Form 14https://www.liucanada.com/en-us/Documents/FI14AG APPLICATION OKAY.pdfApplication - FIB Form 14

Financial Institutions