Insurance & Risk Management for Regulatory Bodies
Regulatory authorities face unique, high-stakes risks -from claims of procedural unfairness to personal liability for board members. As public expectations and legal exposures evolve, so should your insurance program.
At Axis, we work with regulators across Canada to design tailored risk management solutions that reflect your statutory mandate and governance structure. Whether you’re overseeing licensing, professional conduct, or public safety, we help ensure your coverage matches your risk.
Our team offers:
- Strategic policy placement across D&O, E&O, cyber, EPL, and more
- Risk advisory focused on public accountability and legal precedent
- Experience navigating claims involving board-level decisions and statutory challenges
We’re not just here to quote – we’re here to help you stay ahead of risk.
Why Regulators Work With Axis Insurance
We understand the pressures that come with oversight and public trust. Our Professional & Financial Services team specializes in working with regulatory bodies, non-profit associations, and public institutions with complex mandates.
• Decades of experience handling regulatory risk across multiple provinces
• Access to top-tier domestic and international insurers
• A proven process built around risk discovery, program design, claims support, and ongoing strategy
Whether you’re renewing soon or planning ahead, we offer clear, confident guidance – with no obligation or pressure.
Directors & Officers (D&O) Liability
Protects board members, executives, and committee participants from personal liability arising from decisions made in their official capacities. Includes defense for allegations of breach of duty, procedural unfairness, or acting outside statutory authority.
Errors & Omissions (E&O) / Professional Liability
Covers allegations of negligence, misrepresentation, or failure to carry out statutory obligations. Critical protection for regulators whose decisions may be challenged by licensees, the public, or other stakeholders.
General Liability
Provides coverage for bodily injury, property damage, and other third-party claims not related to professional duties – such as incidents at premises or events.
Cyber Liability
Safeguards against data breaches, ransomware, and unauthorized access to sensitive records. Crucial for regulators managing confidential registrant, disciplinary, or complaint information.
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.
Media & Defamation Liability
Protects against claims of libel, slander, or reputational harm resulting from public statements, disciplinary notices, or published decisions.
Property & Business Interruption
Insures physical office spaces and assets, and provides financial protection for interruptions caused by fire, flood, or other perils.
Fiduciary Liability
Covers trustees and board members who manage pension or benefit plans against claims of mismanagement or breach of fiduciary duty.
Group Benefits
Provides tailored group benefits to support staff wellbeing, talent retention, and organizational sustainability – covering health, dental, life, disability, and more.
Start With a Quick Conversation
Whether you’re planning ahead or need a second opinion, we’re happy to help. Drop us a message and we’ll take it from there.
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We specialize in working with regulatory bodies. That means we understand the liability risks tied to public oversight, procedural fairness, and statutory decision-making. Our programs are built around real-world scenarios, not generic commercial templates. You’ll deal directly with senior specialists who understand your structure – and your exposures.
Not at all. If your current policy is active, we’ll line up the new one to begin as soon as it expires – so there’s no lapse. We’ll handle everything from quoting to paperwork, and make sure the transition is seamless. If you’re mid-policy, we can still review it and flag improvements for your next renewal.
No – most of the policies we work with are claims-made, which means your previous insurer is still responsible for claims related to incidents that occurred during your prior policy period. We also review prior acts coverage and continuity wording to make sure there are no blind spots.
Typically, we need a copy of your current policy and/or application, your renewal date, and a bit of background about your operations. From there, we can prepare a side-by-side comparison and identify any gaps, overlaps, or cost savings.
Ideally 90+ days out, but even a few weeks can work. The more time we have, the more we can do – especially if you’re reviewing governance-related coverages like D&O or EPL.