Sunday, December 12, 2010

CGL and E&O Insurance Package for Miscellaneous Professionals

Eligible Risks:

• Advertising Agencies
• Bookkeepers
• Collection Agents
• Claims Adjusters
• Employment Agencies
• Event Planners
• Graphic Designers
• Interior Designers
• Land Surveyors
• Management Consultants
• Marketing Consultants
• Non-Destructive Testing Firms
• Property Management
• Safety Consultants
• Travel Agents
• And various other Professionals
– Ask us for eligibility

Any risks involved in Information Technology can be referred to our specific I.T. Professionals Program.
Refer to our underwriter for details.

One Person firms to nationals

Competitive Rates
– Min. Premium $850 for package GL and E&O

Policy Features: Errors & Omissions
• Limits options of $250,000 up to $5,000,000
• E&O insurance is intended to cover two basic risks:
• the financial loss of a third party arising from the failure of the the professional product/service
to perform as intended or expected,
• the financial loss of a third party that arises from an act, error or omission committed in the course
of the professionals performance of services for a third party
• World-wide Coverage, subject to suits brought in Canada or the USA
• Delay in the performance of a contract (due to wrongful act)
• First dollar defense coverage (deductible does not apply to defense costs)
• Automatic 30 day Extended Reporting Period, and option to extend further at Premiers discretion
• Broad definition of insured including contract employees
• Claims-made policy. The Retroactive Date can be ‘back dated’ if proof of prior insurance is provided
(with no gaps in coverage) at Premiers discretion

Policy Features: CGL
• Limits options of $1million up to $5 million
• Section A – Bodily Injury and Property Damage
• Section B – Personal Injury and Advertising Injury
• Section C – Medical Payments
• Section D – Tenant’s Legal Liability
• Occurrence based policy with Products/Completed Operations Aggregate
• World-wide Coverage, subject to suits brought in Canada or the USA
• Additional Coverage
• Non-owned Auto, S.E.F. No. 94,96,99
• Employee’s Benefits Errors and Omissions
• Tenant’s Legal Liability – Broad Form

Note: Please refer to the specific policy form referenced in a quotation for proper interpretation of the above stated coverage.  This is not a policy but it is intended to provide a general overview of the Miscellaneous Professionals Program.

Monday, August 16, 2010

Professional (Errors and Omissions) Liablity Insurance for IT Professionals

We provide Errors and Omissions insurance (Professional Liability insurance) in British Columbia, Canada.

Esurance™ C&P provides broad cover for a wide variety of risks resulting from the use of technology within business. Features include:

• Cover for your civil liability resulting from data breaches
• Contractual fines coverage, including credit card company fines, arising from privacy breaches
• Cover for your own costs to notify individuals in the event of a privacy breach where required by law and the cost of actions taken to mitigate a larger liability claim
• System repair and restoration cover in the event of accidental
damage to data, including a computer virus or hack attack
• Cover for your lost revenue arising from system downtime
after a computer virus or hack attack
• Electronic fraud coverage
• Cover for your liability arising from a breach of statutory ecommerce
• Media liability cover for electronic content, including intellectual

Sole Practitioners

Hardware Manufacturers

Hardware Resellers

Software Programmers

Financial software programmers

Security Consultants

Telecom software Programmers

Network Installation / maintenance companies

ASP (Application Service Providers)

Telecom software programmers

IT Project Management

PKI (Public Key Infrastructure) Companies

Software Resellers

Packaged software companies

IT Outsourcing companies

Systems providers

General software programmers

Games software programmers

Web Site designers

If you are serious about protection, call Ariel or Kathy at 604-408-8695, Toll free 1-888-267-4461 or Email us your company name/contact person and phone number, brief detail about your work and best time to call you.

Saturday, July 24, 2010

Professional Liablity Insurance for Long Term Care Professionals

BIIS is pleased to provide insurance coverage for Long Term Care professionals.


MedSurance™ LTC is an insurance product specifically designed to meet the needs of Assisted Living Facilities, Independent Living Facilities and other long term care (LTC) providers throughout Canada. Most individuals and businesses operating in the LTC environment are suitable for the MedSurance™ LTC product, other than Skilled Nursing Facilities.product, other than Skilled Nursing Facilities.

MedSurance™ LTC is a modular policy covering a broad range of exposures
faced by the LTC sector. Features include:
• Professional liability
• Medical practitioner liability
• Sexual misconduct and physical abuse liability
• Contractual liability
• Commercial general liability
• Employee benefits liability
• Tenants’ liability
• Non-owned and hired automobile liability
• Commercial property & business interruption
• Computer virus and hacking attack liability
• Loss mitigation costs
• Medical expenses cover
• Court attendance costs
• Brand protection cover
• Indemnity to mortgagees, landlords or lessors of leased equipment

• Limits of liability available up to $5,000,000 each claim
• Deductibles as low as $100
• Premiums starting from $75

We recognise that LTC providers want to buy their insurance quickly and simply.
That’s why our insurance policy is backed up by exceptional service levels

• A fast-track service for urgent submissions
• Claims handled by reputable and experienced claims managers

All this at very competitive prices. To obtain a quote all we need is the completed
MedSurance™ LTC application form or a suitable alternative.




Adult day care centres
Assisted living facilities
Host homes
Independent living facilities



Certified nursing assistant / nursing aides
Clergy, chaplain or religious ministry
Home health care
Licensed practical nurse / licensed vocational nurse
Live in companion
Medical director
Medical supplies (disposal medical supplies only)
Medical technician
Nurse practitioner
Occupational therapist
Personal carer
Physical therapist
Physicians’ assistant
Registered nurse
Rehabilitation consultant
Residence managers
Respiratory therapists
Social worker

Friday, July 9, 2010

Insurance for Complementary Health and Medical Professionals

Physician treating a patient. Red-figure Attic...Image via Wikipedia
We are pleased to announce that our Lloyd’s Market has launched a professional liability insurance product specifically designed to meet the needs of complementary medical practitioners throughout BC.

Most individuals and businesses operating in this environment are suitable for the MedSuranceTM A&M product, from acupuncturists to yoga instructors.

Professional liability insurance covers

Art therapist
Asian bodywork
Athletic trainers (no professional or semi professional
sports people)
Auricular detox
Ayurveda practitioner (non invasive)
Bach remedy practitioner
Biofeedback practitioners
Body therapy practitioner
Certified laboratory technicians (under the
supervision of a lab manager)
Certified medical assistant
Clerical assistant
Clinical laboratory technicians,
medical technicians, medical lab technicians
Colour puncture / colour therapy
Community health assistant / technician
Conscious breathing practitioner
Corrective therapist
(licensed, no laser, injection or chemical peel treatments)
Crystal therapist
Cupping practitioner
Dance movement therapy / movement therapy
Dental assistant
Dental hygienist
Health educators
Hearing therapist (excluding implants)
Hellerwork practitioner (certified)
Histologic technician
(diagnosis must be performed by pathologist, no cytology)
(must be a member of the North American Society of Homoeopaths)
Horticultural therapist
Laboratory aide (no sample preparation or testing)
Lymphatic drainage therapist
Massage therapist (not sports or professional athletes)
Medical assistant (administrative work only, not physician’s assistant)
Medical records technician / administrator
Meditation practitioner
Music therapist
Orthotic / prosthetic fitting
Personal trainer
Pilates practitioner
Prosthetic device fitters
Recreation therapist
Speech therapist
X-Ray operator (no diagnosis)
Yoga practitioner

MedSuranceTM A&M is a modular policy covering a broad range of exposures faced by the complementary health and medical practitioners.

Features include:
• Professional liability
• Sexual misconduct and physical abuse liability
• Contractual liability
• Commercial general liability
• Employee benefits liability
• Tenants’ liability
• Non-owned and hired automobile liability
• Commercial property & business interruption
• Computer virus and hacking attack liability
• Loss mitigation costs
• Medical expenses cover
• Court attendance costs
• Brand protection cover
• Indemnity to mortgagees, landlords or lessors of leased equipment

• Limits of liability available up to $5,000,000
• Deductibles as low as $100
• Premiums starting from $75 for $1,000,000 coverage

We recognise that complementary health and medical providers want to buy their insurance quickly and simply. That’s why our insurance policy is backed up by exceptional service levels featuring:

• Most quotes provided within 48 hours
• A fast-track service for urgent submissions
• Most policies issued within 48 hours of binding
• Claims handled by reputable and experienced claims managers

All this at very competitive prices. To obtain a quote all we need is the completed MedSuranceTM A&M application form or a suitable alternative.

Thursday, June 24, 2010

Professional (Errors and Omissions) Liability Insurance for BC and Ontario Optometrists.

Location of British Columbia provicial and nat...Image via Wikipedia
Recently we have learned that many optometrists opted out from being a member of the Canadian Association of Optometrists. This is the first year where membership became optional.

We offer BC and Ontario optometrist professional liability insurance for those who opted out. You have three options to choose from. The lowest premium starts from $550 annual with 2 million coverage. The highest coverage is with $5,000,000 and retroactive to the date when you have the first E & O policy.

Please give us a call for further details.
1-888-267-4461 (toll free)
or e-mail (

Monday, April 26, 2010

For A Good Cause

Charities and non-profit organizations are not immune to lawsuits, and underwriters and brokers would do well to review D&O policies for this sector.

By: Rob Bickerton - Quoted from Canadian Underwriter (Dec. 2009)

Canada's non-profit organizations (NPOs) are as diverse as the country's population. The boards of these NPOs are also diverse. Small NPOs may have board members with little or no prior board experience, while the members of larger NPO boards tend to hold positions on multiple boards. In both cases, liability exposure is a real and growing concern. NPOs, big and small alike, deserve the attention of brokers and underwriters.

Many Canadians are involved to some extent with a charity or non-profit organization. A 2004 Volunteer Canada Survey1 notes that 36% of Canadian volunteers serve on boards and committees.

The following statistics2 illustrate the significant impact of the non-profit sector on Canada's economy:

• 2 million people employed;

• 2 billion hours contributed on a voluntary basis (the equivalent of 1 million full-time jobs), and annual spending of about Cdn$120 billion;

• more than 160,000 non-profit organizations are in operation (half of which are charities); and

• about 85% of the population contributes financially to Canadian charities -- almost 6 million Canadians claim charitable tax credits for making approximately Cdn$9 billion in donations each year.

Charities are a large component of the broader non-profit sector in Canada. Tax-receipted donations, payments through lotteries, membership dues and other sources reportedly add up to roughly $40 billion a year.

As important as charities are, recent scandals have tarnished the image of some charities and opened the door to increased litigation against the boards of directors. The degree of skepticism of the donating public tends to vary proportionately to the frequency and severity of the scandals in the news.

Since their benevolent activities are generally motivated by altruism and compassion, charities are frequently thought to be relatively immune from lawsuits. Clearly this is no longer the case. Liability can emerge based on the organization's internal and/or external activities. Employment practice claims account for as much as 90% of legal actions against non-profit directors and officers (D&Os). Such claims may include allegations of wrongful dismissal, failure to promote, failure to grant tenure or discrimination. It therefore comes as no surprise that a major driver of D&O premium is whether or not the organization has paid staff members. 3 Other sources of liability exposure include:4

• conduct of fund raising activities;

• payment of wages and deduction of taxes for employees;

• breach of statute (e. g. anti-money laundering laws);

• insolvency;

• breaches of fiduciary duty and duty of care;

• negligent supervision, screening or hiring of employees and volunteers;

• additional obligations and higher standards of care as trustees; and

• failure to meet requirements for tax-exempt status as a nonprofit.

Charities and their boards of directors can be held directly accountable for misuse of funds, or indirectly accountable by virtue of partnerships with charities under investigation for alleged wrongdoing. Underwriters and brokers would do well to keep abreast of news items concerning NPOs and charities. With news travelling so fast in an increasingly litigious society, word of a scandal in one charity will often cause donors and stakeholders to question the charities with which they are currently associated. All it takes is for one court decision by a litigant to set off a series of similar suits. Whether or not the suit is successful may be insignificant considering that defense costs alone can reach very high amounts.

In today's economic climate, NPOs are faced with an ever-diminishing level of financial support from government and, at the same time, an ever-increasing burden of rules and regulations. The donating public is becoming increasingly savvy and more and more interested in making sure the donation is used to the maximum and best use.


The Charities Directorate, a division of Canada Revenue Agency, is the primary federal regulator in Canada. However, it has been labeled as "virtually powerless to deal with problem charities." 5 This begs the question as to the implications of an ineffective public watchdog. I suggest that the absence of an effective regulatory regime makes it more likely that a charity will get away with abuse and that these problems will grow bigger and bigger until eventually being discovered by a donor or other member of the public. Without the ability to detect problems early on, the litigation against the board of directors of organizations in such cases could be very serious and result in larger claims made against the D&O policies.


Many tend to view NPOs as having less risk than a for-profit company. This perception may actually increase the risk of NPOs. Seen as low risk, NPOs may be under less pressure to initiate internal control and governance processes. In other words, the perception drives a reality.


In issuing a Director and Officer Liability policy to an NPO, the insurer is helping to maintain the integrity of the sector. Insurance is vital to attract qualified and experienced directors and officers. Without insurance in place, many would not consider sitting on a Board. A quality board symbolizes integrity and credibility to the donating public and makes them more likely to contribute their time or their money.

As with any prudent risk management program, the first and most important step in mitigating risk is to exercise good governance and due diligence.

Pro-active insurers will have to evolve on several fronts to meet the changing needs of NPO boards. Amendments to policy wordings are not the only factor to be considered. Wording enhancements in the current market include non-rescindable coverage for insured persons (Non rescindable Side A), sever-ability of exclusions and application, worldwide coverage, entity coverage and full employment practices coverage along with non-cancellable contracts. In considering the nature of the NPO board and the risk at hand, more insurers may begin offering multi-year policies. In any event, brokers and underwriters should work together to ensure under standing of the coverage afforded by the policy. Comparing coverage based on glossy highlight sheets alone is not a replacement for detailed analysis of the policies.

Return on investment is often associated with for-profit company analysis. I suggest the test is equally useful when analyzing the health and stewardship of a charity from an underwriting perspective. Administrative costs as a percentage of the charity's revenues6 provides a high level indication of its financial stewardship. As the environment for charities becomes increasingly exposed to serious litigation in the wake of scandals, underwriters may find this a useful way to quantitatively assess stewardship of the organization.

Typical limits range from Cdn$1 million up to Cdn$5 million with some larger organizations carrying as much as Cdn$10 million or more on a primary or primary/excess basis. The increased litigiousness of the population combined with the effect of scandals may also drive requests for higher limits.


The risk to a director and officer of a non-profit organization is substantial. Some of that risk can be mitigated and significantly reduced by enhancing governance processes. Insurance also plays a key role in protecting the boards of directors of NPOs. In shielding the directors, insurance helps to maintain the integrity of the non-profit sector and maintain the trust of the donating public.

1 "The 2004 Canada Survey on Giving", Volunteering and Participating (AON Reed Stenhouse).

2 "Assessing Not For Profit Boards", Innovative Research Group Inc., October 2009

3 "See you in court: emotions run high when a charity gets sued" -The Non-Profit Times, July 15, 2007

4 Director Liability Protection for Non Profit Organizations, AON Financial Services Group, Shelley Lloyd, J. D, Legal and Research Practice, Aon Financial Services Group

5 Charity Scams Bust Public Trust, Toronto Star, June 2, 2007 -by Kevin Donovan

6 "A Basic Introduction to Analyzing a Charity", Charity Intelligence Canada

Commercial Insurance

Hello fellow Insurees!

Today I’ll be blogging about Commercial Insurance. Don’t worry, this post won’t be a bunch of huge paragraphs with words nobody has ever heard of, just the basics broken down into easy-to-understand language! I thought this would be appropriate regarding the recent news about the floods that are taking over the farmland in Australia. Are they insured? Will the farmers get their products reimbursed?

Anywho, back to business! I’ll be touching upon what I thought were key elements in the material into 2 separate categories:
a) Property Insurance
b) Crime Insurance

So first off, property insurance. What does this include you ask? As you can imagine, property can mean anything from buildings and equipment to goods in possession of sales representatives. Depending on what type of plan you sign up for, you can specialize or generalize your coverage. To add on, there will be a huge difference in plans depending on if you own a small retail store versus a large multi-million dollar enterprise.

Next, we will discuss crime insurance. Crime insurance may seem simple to identify, but in reality it is a detailed process to construct. Thank goodness I have a handbook ready for me to refer to. When insuring an insuree against crime, there are 5 premises. Employee dishonesty, inside and outside premises, money order, counterfeiting and forgery.

So! Did you gain any new knowledge today? I hope you did. If you want to find more information about commercial insurance, please feel free to contact me through my e-mail to or !

Thanks for reading!
Make sure to check my posting next week where I’ll be blogging about other insurance topics.

Sunday, January 31, 2010

Parents do not have the right to waive their child's right to sue by signing a release on the child's behalf

The British Columbia Supreme Court Stated so.

Victor Wong was 12 years old when his mother enrolled him and his two brothers at Lok's Martial Arts Centre in Richmond, BC. A requirement for enrollment was that the boys' mother sign the conditions of membership and release from. She claims that she did not read it carefully or fully understand it, but she knew that if she did not sign it, her sons would not be allowed to enroll.

Wong, now 20, alleges that during a sparring match at Lok's he was violently thrown to the floor, fracturing his arm and leaving him partially disabled. He is now suing the school, the sparring partner and the school owner, Michael Lok.

The defendants asked the court to dismiss the claim, pointing to the waiver of his legal rights and did not authorize his mother to waive any rights on his behalf.

Wong says that he did not sign a waiver of his legal rights and did not authorize his mother to waive any rights on his behalf.

BC the Honorable Mr.Justice Peter Willcock has ruled that, under the Infants Act of BC, a parent can not waive their child’s rights to sue for negligence.

"The Act does not permit a parent or guardian to bind an infant to an agreement waiving the infant’s right to bring an action in damages in tort," Willcock found in his decision. "The defendant's application is therefore dismissed"

Refer from