Executive Risk Insurance Services is dedicated exclusively to mitigating the risks incurred by boards of directors, officers, trustees and pension plan fiduciaries of public and private corporations, income trusts, governments and not-for-profit organisations.
We are characterised by our differentiated capacity to quantify risk on an individual basis and provide comprehensive clear coverage, using our profound knowledge and experience in business, finance, law, claims handling, underwriting and brokerage. and our consummate underwriting expertise.
What Products We Provide
Directors, Officers and Trustees Liability Insurance
Portfolio Manager Liability Insurance
Independent Review Committee Liability Insurance
Crime Insurance
Privacy and Network Liability Insurance
What Distinguishes Us
Our key five distinguishing attributes include:
1. financial stability –– Our insurance capacity is 100% provided by certain underwriters at Lloyd’s through a Managing General Agreement and, as such, we are a Lloyd’s coverholder. Our paper is 'A' rated and is admitted in every Canadian province and territory;
2. substantial primary capacity –– We are authorised to provide larger capacity than the majority of other domestic insurers. This is important because it limits the number of insurers required to place a program of insurance;
3. ‘unique-risk’ underwriting –– We do not use a purely formula-based, U.S.-driven model to determine the pricing and terms of our policies. Rather, in addition to traditional methodology, our unparalleled senior team utilises proprietary governance risk quantification systems to more accurately assess risk. The net result of our experience and proprietary technology is a policy with pricing and terms that clearly reflects individual risk;
4. service level commitments –– ERIS prides itself on maintaining a service commitment to our brokers and insured clients. Efficient policy issuance, timely endorsement response; and
5. innovative, clear and comprehensive coverage –– Our terms of coverage are understandable, inclusive, and meet global standards of coverage offering the ultimate in risk management features. ERIS creates policies using our unique expertise in the Canadian business, legal and claims environment that address the risks of Canadian companies operating domestically or internationally.
For too long now, the options available for Canadian organisations to purchase a quality risk transfer product have been severely limited. Financially sound and well-managed organisations have been dealt commodity products that do not reflect their superior qualities. Executive Risk Insurance Services strives to move beyond the commodity approach and provide quality, well-rated products which deliver superior coverage and pricing for well-governed and managed risk.
To learn more about our insurance products, contact your registered insurance broker.
