Plus Underwriting is proud to offer a wide variety of product capacity to serve our brokers and your commercial and personal lines clients. Our broad appetite aims to support our broker partners in placing risks from small businesses to complex risk managed accounts. We can in most cases accept signed applications from other markets and are eager to review submissions to help our brokers arrange the best product possible at competitive premiums. We can also provide personal lines coverages for your clients, including high-valued home and personal umbrella. Our diligence in broker service is why we’re a preferred choice for underwriting services.
Are your clients’ professionals who provide consulting services or advice but are outside the traditional E&O market? Perhaps they don’t have formalized education or accreditation? Do your clients have difficulties getting office insurance because they don’t have E&O in place?
Our Errors and Omissions Liability product is the solution for consultants, professionals, coaches and others who don’t fit the traditional market place. With defense costs over and above policy limits and premiums starting as low as $650 annually, look no further than Plus for your hard to place E&O insurance solution.
Nonprofit Directors & Officers Liability
Do your clients run or work closely with non-profits? Plus has developed a low cost policy to offer protection specifically for the unique needs of directors and officers associated with non-profit organizations.
Travel Agents E&O
Errors & Omissions Liability is crucial for the financial protection of a business. Like a malpractice policy for medical professionals, a travel agents E&O policy responds in the event that your client has made a mistake in providing professional travel services. One of the most important professional services a travel agent supplies is the recommendation and sale of travel medical insurance products. Plus provides coverage for errors and omissions for the sale of travel medical and is also available in combination with Commercial General Liability options.
XLaw Professional Liability and Business Office Package
Plus offers two comprehensive and competitively priced products specially designed for lawyers and firms of under 10 professionals. With excess Professional Liability limits of up to $9 Million including Dishonesty and Fidelity, Outside Directorship Liability and Employment Practices Liability coverages, your client is well protected. Complementing our excess E&O is the Business Office Package. With Worldwide Coverage, Business Income, Equipment Breakdown, Commercial General Liability as well as a generous frills endorsement including up to $500,000 of coverage extensions, our superior policy wordings exceed all others in the marketplace.
Strata Properties Director and Officers Liability
Strata council members are held to the same standard of care as expected of the directors of companies and non-profit organizations. Our policy responds to any claims made against the strata corporation’s management in respect of any errors or omissions made by members in the exercise of their duties. This coverage is packaged with our Commercial General Liability with limits up to $5 Million.
General Recreational Liability
Your clients are expanding their business operations to offer more exciting and creative ways for their customers to enjoy the outdoors. We provide liability coverage for wildlife tours, rock climbing, archery and more with the ability to include injury to participant coverage.We also provide coverage for a wide variety of social, entertainment and business events. Size doesn’t matter, whether is 2 to 5,000 participating, we have the capabilities to provide you with a tailored insurance solution.
Commonly known as Bonds, Plus issues bonds with limits up to $25,000 in house. Bonds provide a guarantee that work or a service will be provided in compliance with governing acts, regulations and bylaws. Common classes of bonds available include: License & Permit Bonds, Committee and Trustee Bonds and Canada Customs Bonds with specifics such as Gas Act Bonds, Bonded Warehouse or Excise Tax Bonds.
Legal Expense Coverage
Pursuing or defending legal action isn’t always straightforward. In today’s complicated business landscape, Canadian business owners are facing legislative changes, tax investigations, health and safety issues and more. The cost and time required to handle these issues can add up fast. That’s why you need the security and protection of a Legal Expense Policy. Our policy guarantees business owners access to legal guidance, representation and cost coverage and includes coverage for Employment Disputes, Legal Defense, Statutory License Protection, Property Protection, Bodily Injury, Tax Protection, Court Attendance Expenses and Telephone Legal Advice as well as the option to include Contract Disputes and Debt Recovery Coverage.
As our world becomes more automated, connected, and integrated electronically, businesses rely heavily on their equipment to keep operations running smoothly. Equipment Breakdown Insurance covers your clients for property damage resulting from the sudden and accidental breakdown of insured equipment that is not automatically covered by a standard commercial property. This coverage insures against property damage, business interruption and spoiled inventory or contents that result when specified kinds of mechanical, electrical and pressure equipment are damaged, including power surges.
For those in aviation, Hangar Insurance is a necessity. Whether your client owns or leases hangar space for their operations and storage of aircraft and contents, Plus provides the best coverage possible. Plus has developed this product for both aviation businesses and the private hangar owner’s property and casualty needs, which includes a broad spectrum of policy extensions and optional coverages.
Do your clients have additional aviation requirements? Click here to be directed to our specialty aviation underwriters, Avro Insurance Managers.
Property and Commercial Liability Risks
We offer lines on both standard and substandard commercial property risks. Everything from vacant dwellings, industrial facilities, hospitality risks to realty. We can also provide terms for array of segments including construction, manufacturing, food processing, life science, oil and gas, renewable energy and wineries.
Lloyd’s Open Market for Specialty Classes
Plus Underwriting Managers Ltd. is a Lloyd’s correspondent providing brokers access to London’s open market. We offer access to large, specialized markets that are not typically available to the general broker. Plus has the expertise and relationships which allow us to go to the right source to obtain the coverage you need for your clients.
PLUS PERSONAL LINES
Excellence High Value Program
Our excellence program, designed for your high net worth clients, provides exceptional cover for homes valued at $750,000 or more at competitive premiums. We also handle high value rentals, seasonal and course of construction. In addition, lower value rentals, seasonal and condos can be added to the principal residence policy with the same great coverage.
Ask about our new, easy to use custom portal, which allows brokers to quote, bind and issue our excellence policies online and right at point of sale.
Personal Umbrella Liability
For clients seeking extra liability coverage, Plus offers a Personal Umbrella Liability program which will extend to increase liability limits over your house, cars, boat, recreational property and more. Our policy provides umbrella coverage over any domestically placed primary personal insurance product.