Professional Liability Insurance
The Sovereign advantage
If you work in professional services, you’re subject to a higher duty of care and responsibility because of your unique qualifications and expertise. And with these higher standards comes greater risks, like the possibility that a client could take legal action against you if they believe you’ve made a mistake, been negligent or provided poor advice. Whether you’re at fault or not, Professional Liability coverage helps protect your business, your professional integrity and your reputation from potentially costly lawsuits. No matter what industry you’re in, our experienced team works closely with your broker to provide complete solutions to reduce or eliminate potential gaps in coverage – providing easy solutions for potentially complicated risks.
Claims-made coverage
We’re renown for our claims service. Our experienced claims team handle your claim efficiently and keep you informed throughout the process. What’s more, our Professional Liability contracts are "claims made" (which means that you're covered for claims that occur during your policy term, as long as they are reported as soon as practicable), not "claims made and reported" (which would only cover you for claims that occur and are reported to your insurer during your policy term).
No gaps in protection
Liability claims aren’t always covered under the protection that is mandated for your profession. We work with you and your broker to fill challenging coverage gaps for niche industries by offering standalone coverage or combined coverages (such as a General Liability office package with our Errors and Omissions or Cyber coverage). We’re truly a one stop shop.
A better experience
We believe in delivering a great experience for our brokers and clients. With experts in six offices across Canada, Sovereign has a local presence, and brings in-depth knowledge of provincial laws and regulations. This means faster and more agile service to support you better.
Sovereign Secure Pro: Miscellaneous Errors and Omissions (E&O)
If (when) an error is made, professional service employees can be subject to allegations such as: errors or omissions in providing a service, failure to provide a service in a timely fashion, or at all, and misrepresenting the service to be performed. Thankfully, there are key coverages specifically designed to protect them.
Sovereign Secure Pro Miscellaneous E&O offers:
- More precise language coverages adapted to unique and emerging risks
- Enhanced Policy Forms to offer more comprehensive coverage
- Modular products to provide greater flexibility
When it comes to risk protection, Sovereign Secure Pro offers policyholders more of what they need and less of what they don’t. So not only is their policy comprehensive, but they’re getting great value too.
Download the product brochure to learn more.
Coverages designed to protect your business
We offer a broad range of insurance coverages* to reflect the specific risks faced by your profession and your business. And for associations or groups with multiple insureds, we can develop an insurance program at a standardized form and rate. Some of our key coverages include:
Miscellaneous Professional Liability
Coverage snapshot
Everyone makes mistakes sometimes, but for some professional positions the stakes are higher. Miscellaneous Professional Liability provides coverage when a mistake causes monetary loss due to error, omission or misrepresentation in providing professional services. However, bodily injury and property damage are excluded from this coverage.
Specializing in
- Commercial printers
- Safety consultants
- Retail travel agents
- Event planners
- Bookkeepers
- Quality control professionals
- Mediators
- Career counselors
- Placement agencies
- Property managers
- Project managers
- Business consultants
Miscellaneous Malpractice Liability
Coverage snapshot
As a health practitioner, you always work with your patient’s best interest in mind. You take every precaution, but there’s always the chance that you could be held liable for bodily injury (including emotional / mental anguish) arising out of something that was not properly administered or neglected while providing medical or therapeutic services. Miscellaneous Malpractice Liability provides coverage to allied health practitioners and clinics to cover damages and legal expenses should a claim be brought against you.
Specializing in- Medical Clinics
- RMTS
- Naturopaths
- Homeopaths
- Rehabilitation therapist
- EMT
- Ambulance services
Architects and Engineers
Coverage snapshot
As an architect or engineer, you design and build the spaces where families and communities gather and where we live our daily lives. As a result of this important work, your responsibility to public safety is great. But no one’s work is immune from mistakes; if a design flaw emerges, causing damage to property or injury to people, it’s important that you’re protected. Architects and Engineers is a practice policy that covers the design and consulting provided by an architect, engineer or technologist. It provides coverage for damages and expenses during disciplinary, tribunal and occupational health and safety hearings. It can also provide coverage for Bodily Injury and Property Damage arising from design related wrongful acts.
Specializing in
- Small structural/light civil
- Solar
- LEED
- Wind power and sustainability design and consulting
- Mechanical/electrical including HVAC
- Process and chemical engineers
- Materials testing and bulk handling
- Traffic and transportation engineers
Media Liability
Coverage snapshot
In today’s digital age, the pace at which information is released to the public is faster than ever before. It can be difficult for publishers, broadcasters and media firms to keep pace, while upholding the integrity of their content. Mistakes and errors in judgement can happen. Media Liability provides coverage for copyright infringement, libel and slander, IP infringement, trademark infringement and patent infringement claims. This includes bodily injury coverage for emotional distress or mental anguish and a $100K limit with respect to the cost of recall, reproduction, reprinting or correction of material.
Specializing in
- Advertising agencies
- Graphic artists
- Radio stations
- Public relation and brand / marketing specialists and a variety of media professionals involved in creative design
- Multi-media and broadcasting
- On-line journal
- News source or magazines
Manufacturers Errors & Omissions (E&O)
Coverage snapshot
Mistakes happen. It’s how you recover from them that matters. Our Manufacturers Errors and Omissions Liability coverage can help protect your business from financial loss and legal costs for errors like:
- Design errors
- Faulty installations
- Improper use of raw materials
- Subcontractor errors
- Product failures
And with our Specifications coverage, we can help cover you for expenses you incur to repair or replace your product.
Targeting
Small-medium sized operations, and/or excess opportunities.
Excess coverage – across all industries
Coverage snapshot
Every business is required to obtain a certain amount of insurance coverage – either by an industry regulator, or a partner like a contractor or casualty insurer. But what is required isn’t always enough. We can help you get what you actually need based on the risks to your unique operations. Excess Coverage provides additional coverage limits for Errors and Omissions insurance, across any of our approved industry classes.
KEY COVERAGES
- Miscellaneous Professional Liability
- Miscellaneous Malpractice Liability
- Architects and Engineers
- Media Liability
- Manufacturers Errors & Omissions (E&O)
- Excess coverage – across all industries
Miscellaneous Professional Liability
Coverage snapshot
Everyone makes mistakes sometimes, but for some professional positions the stakes are higher. Miscellaneous Professional Liability provides coverage when a mistake causes monetary loss due to error, omission or misrepresentation in providing professional services. However, bodily injury and property damage are excluded from this coverage.
Specializing in
- Commercial printers
- Safety consultants
- Retail travel agents
- Event planners
- Bookkeepers
- Quality control professionals
- Mediators
- Career counselors
- Placement agencies
- Property managers
- Project managers
- Business consultants
Miscellaneous Malpractice Liability
Coverage snapshot
As a health practitioner, you always work with your patient’s best interest in mind. You take every precaution, but there’s always the chance that you could be held liable for bodily injury (including emotional / mental anguish) arising out of something that was not properly administered or neglected while providing medical or therapeutic services. Miscellaneous Malpractice Liability provides coverage to allied health practitioners and clinics to cover damages and legal expenses should a claim be brought against you.
Specializing in
- Medical Clinics
- RMTS
- Naturopaths
- Homeopaths
- Rehabilitation therapist
- EMT
- Ambulance services
Architects and Engineers
Coverage snapshot
As an architect or engineer, you design and build the spaces where families and communities gather and where we live our daily lives. As a result of this important work, your responsibility to public safety is great. But no one’s work is immune from mistakes; if a design flaw emerges, causing damage to property or injury to people, it’s important that you’re protected. Architects and Engineers is a practice policy that covers the design and consulting provided by an architect, engineer or technologist. It provides coverage for damages and expenses during disciplinary, tribunal and occupational health and safety hearings. It can also provide coverage for Bodily Injury and Property Damage arising from design related wrongful acts.
Specializing in
- Small structural/light civil
- Solar
- LEED
- Wind power and sustainability design and consulting
- Mechanical/electrical including HVAC
- Process and chemical engineers
- Materials testing and bulk handling
- Traffic and transportation engineers
Media Liability
Coverage snapshot
In today’s digital age, the pace at which information is released to the public is faster than ever before. It can be difficult for publishers, broadcasters and media firms to keep pace, while upholding the integrity of their content. Mistakes and errors in judgement can happen. Media Liability provides coverage for copyright infringement, libel and slander, IP infringement, trademark infringement and patent infringement claims. This includes bodily injury coverage for emotional distress or mental anguish and a $100K limit with respect to the cost of recall, reproduction, reprinting or correction of material.
Specializing in
- Advertising agencies
- Graphic artists
- Radio stations
- Public relation and brand / marketing specialists and a variety of media professionals involved in creative design
- Multi-media and broadcasting
- On-line journal
- News source or magazines
Manufacturers Errors & Omissions (E&O)
Coverage snapshot
Mistakes happen. It’s how you recover from them that matters. Our Manufacturers Errors and Omissions Liability coverage can help protect your business from financial loss and legal costs for errors like:
- Design errors
- Faulty installations
- Improper use of raw materials
- Subcontractor errors
- Product failures
And with our Specifications coverage, we can help cover you for expenses you incur to repair or replace your product.
Targeting
Small-medium sized operations, and/or excess opportunities.
Excess coverage – across all industries
Coverage snapshot
Every business is required to obtain a certain amount of insurance coverage – either by an industry regulator, or a partner like a contractor or casualty insurer. But what is required isn’t always enough. We can help you get what you actually need based on the risks to your unique operations. Excess Coverage provides additional coverage limits for Errors and Omissions insurance, across any of our approved industry classes.