Insurance Company Professional Liability

Insurance Company Professional Liability Insurance covers insurance companies and their directors, officers and employees for claims alleging breach of an implied covenant of good faith and fair dealing and failure to perform professional services for third parties. It also covers claims alleging breach of duty, neglect, errors, misstatements, misleading statements, omissions that occur solely in the rendering of an insured's claims handling and adjusting, risk management, safety engineering, safety inspection and loss control operations, personal injury rehabilitation operations, salvage operations, insurance consulting, or actuarial consulting services.
Features and Benefits Back To Top
  • Definition of insured encompasses past and present directors, officers and employees and includes those whom the insured is legally responsible
  • Full prior acts coverage
  • Punitive damages were required by law
  • Worldwide coverage if the suit or claim is brought in Canada
  • Ability for the insured to settle claims within the retention without insurer consent
 

Mail:     AIG Commercial Insurance Company of Canada
            145 Wellington Street West
            Toronto, Ontario  M5J 1H8

Tel:       800-387-4481
            (8:45 to 4:45 Monday to Friday ET)
Tel:       800-235.8784 (after hours)
Fax:      416-596-4197
Email:   can.claims@aig.com