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Life AgentsMutual Fund RepsAsset ManagersMortgage BrokersAccountantsE&O

Expert Protection Tailored to Canada’s Financial Services Sector

In a landscape driven by performance, compliance, and reputation, insurance shouldn’t be the most stressful part of your day.

Our team is here to make insurance easy by supporting you with specialized insurance guidance and support, informed by decades of experience and thousands of clients across Canada’s financial services sector.

From insurance agents and mutual fund dealers to payment processors and asset managers, we are proud to have the knowledge and connections to develop competitive insurance solutions to protect finance professionals and organizations.

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Insurance for Life Agents and Insurance Companies

Our insurance and risk management solutions are designed to protect life agents and insurance providers from a wide range of professional exposures, including advisory risks, administrative oversights, compliance challenges, and operational liabilities. In responding quickly to legal costs, claims, and business interruptions, the right coverage helps ensure you and your practice stay resilient and your reputation remains strong.

With customized protection and an experienced advisory team, we help you navigate the complexities of today’s insurance landscape so you can stay compliant, well‑protected, and confidently focused on serving your clients.

    Download Life Agent One-Pager

    Insurance for Mutual Fund Representatives and Firms

    Your clients rely on you for clear guidance, transparent disclosures, and carefully executed transactions. Recommendations can be impacted by market volatility while responsibilities and client deliverables leave you exposed to administrative errors and compliance concerns.

    Our industry-leading insurance solutions help protect mutual fund representatives and firms from a wide range of potential liabilities, including advisory risks, misrepresentation allegations, operational oversights, privacy and cyber incidents, and regulatory penalties. With coverage options that support legal defence, business continuity, and day to day operational resilience, you can stay focused on delivering informed, compliant guidance.

      Insurance for Asset Managers and Asset Management Firms

      Our insurance solutions for asset managers and firms deliver tailored protection for critical operational, regulatory, and fiduciary exposures. Backed by deep industry expertise, we simplify the entire insurance process, reducing administrative burden, streamlining program management, and ensuring you have clear, proactive guidance at every step. With a focus on risk mitigation and operational efficiency, we help asset managers and firm owners safeguard their business, protect client interests, and remain confidently prepared in an evolving landscape.

      Download Brochure Download One-Pager

        Insurance for Mortgage Brokers and Brokerages

        Mortgage Brokers, Lenders, and Administrators navigate complex responsibilities, from advising clients on major financial decisions to managing sensitive personal and financial data. These duties create exposure to advisory risks, documentation errors, client disputes, and evolving regulatory obligations.

        Our insurance solutions are designed to address these risks directly, offering protection against professional liabilities, compliance‑related challenges, privacy incidents, and operational interruptions. With coverage options such as Errors & Omissions, Commercial General Liability, Cyber Liability, and Business Interruption insurance, we help to protect Mortgage Brokers and to ensure your practice remains secure, compliant, and resilient.

          Insurance for Accountants & Auditors

          Our extensive experience with financial services professionals and firms extends over 40 years. We’re proud to build coverage solutions that go beyond regulatory requirements to provide robust protection for your business operations, physical presence, digital landscape, and reputation. We provide insightful guidance and insurance coverages to all types of accounting professionals and organizations, including accountants, auditors, bookkeepers, and controllers.

            Errors & Omissions (E&O) Insurance

            In the financial services sector, both corporate and individual E&O coverage is fundamental. Corporations and professionals can both be named in lawsuits. Even if your organization carries E&O insurance, it’s important that you have dedicated coverage to protect your personal assets and career.

            Protecting yourself and your organization doesn’t have to be complicated. We’re here to provide insurance coverage built specifically for your unique exposures.

            Corporate E&O

            Our leadership team members have dedicated their careers to cultivating their expertise in Professional Liability insurance. We utilize our deep understanding of exposures and creative insurance solutions, along with trusted insurance market relationships, to build relevant Errors & Omissions policies from carriers around the globe.

            Get an E&O Quote

            Individual E&O

            As a financial professional, your responsibilities bring inherent risk. Whether you’re a licensed life advisor, mutual fund advisor, exempt market registrant, CIRO registered advisor, asset manager, accountants, or auditor, we’ll help you understand your coverages to make informed decisions.

            Get an E&O Quote

            Coverage for Financial Services

            In addition to core coverages like Property, Business Interruption, and General Liability, you need specialized solutions to address finance sector risks. To ensure you and your organization are protected, Axis typically recommends the following coverages for financial services providers and firms.

            Professional Liability (Errors & Omissions)

            Covers allegations of negligence, misrepresentation, errors, omissions, or failure to carry out statutory obligations – important protection in the financial service industry where actions may be challenged by clients or other stakeholders

            Cyber Liability

            Protects against first and third-party losses resulting from cyber events-crucial for those managing confidential client information and financial transactions

            Cost of Corrections

            This add-on to Professional Liability (E&O) coverage provides reimbursement for the cost of correcting a transactional error that may result in an E&O claim

            Financial Institution Bonds

            Provide coverage for financial losses from employee dishonesty and cybercrime, addressing Notional Instrument 31-103 regulatory insurance requirements

            Fund Liability

            Includes coverage for professional services, fund operations, and portfolio company oversight-important protection for funds and their managers

            Transaction Liability (Representations & Warranties)

            Covers representations and warranties, contingent tax. and other M&A liabilities-a valuable tool for buyers and sellers

            Directors’ & Officers’ Liability

            Protects board members and executives from personal liability arising from decisions mode in their official capacities

            Employment Practices Liability

            Covers claims related to workplace disputes such as discrimination, wrongful termination, harassment, or failure to accommodate brought by current or former employees

            Fiduciary Liability

            Covers trustees and board members who manage pension or benefit plans against claims of mismanagement or breach of fiduciary duty

            Legal Expense

            Provides access to legal advice and covers costs related to disputes such as contractual issues, employment matters, or regulatory challenges, which is essential support when navigating complex legal situations in the financial sector.

            Protect Yourself and Your Practice with Confidence

            Get tailored insurance solutions built specifically for Canada’s financial services sector. Our brokers deliver coverage that’s straightforward, responsive, and designed to keep your professionals and businesses resilient.

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            Our Financial Services Insurance Team