Our HUB International PROFESSIONAL team specializes in commercial liability insurance policies for professionals and businesses in a wide array of industries.
Whether you are a professional working independently or within a large corporation, our team of Professional & Financial Risk insurance advisors are dedicated to finding the best solutions that work for you and your business. Given that every business is unique, our advisors help you assess your risk in all areas and recommend the best coverage, service and value based on your individual needs.
Directors & Officers Liability
Financial Institutions & Other
Trade Credit Insurance & Other
With our head office located in in Burnaby, we have locations throughout the Lower Mainland of British Columbia, including: Vancouver, North Vancouver, Coquitlam, Surrey, Richmond, Aldergrove, Abbotsford, Langley, Maple Ridge and more. As the leading insurance brokerage in British Columbia and one of the largest in North America, our goal is to become your trusted advisor and to ensure that you and your practice are properly protected.
October 17, 2016While the Canadian government has announced its intention to legalize the substance in the near future for non-medical recreational use, the possession of marijuana today still remains unlawful under the Controlled Drugs and Substances Act. Its use for medical purposes however, is permitted under the Regulations to the Act. So what does this mean for Canadian employers? The use of non-medical marijuana (whether legal or not) may continue to be...
September 29, 2016The most important recent developments in the D&O claims arena have been the rise of collective investor actions outside of the U.S. In a September 19, 2016 post on the CLS Blue Sky Blog entitled “The Globalization of Securities Litigation”, Professor Coffee details how entrepreneurial U.S.-based plaintiffs’ law firms have managed to circumvent apparent local obstacles and succeed in pursuing collective investor actions...
September 27, 2016Canadian Gov't Publishes Consultation Paper for Review of the Legislative & Regulatory Framework of Canada’s Financial SectorTo maintain effective risk management, directors and officers of regulated businesses and advisors must keep up with the evolving regulatory and other policy priorities. In Canada, there are four federal statutes that regulate the financial sector; the Bank Act, Insurance Companies Act, Trust and Loan Companies Act, and the Cooperative Credit Associations Act. These Acts have sunset provisions that effectively force the government to review...
August 23, 2016The question of the carrier’s obligation to pay for costs incurred in connection with an informal SEC investigation is amongst the most frequently recurring D&O insurance coverage issues. Over the years, numerous policy revisions have been adopted in various forms by various carriers to address certain aspects of this issue. The issue continues to arise, as shown most recently in District of Colorado Judge Robert E. Blackburn’s...
August 19, 2016Following the recent amendments by the Canadian Securities Administrators (CSA) of a more flexible streamlined process for a reporting issuer to conduct exempt rights offering (introduced in December 2015), the Toronto Stock Exchange (TSX) has published a notice to issuers advising that it has implemented amendments to its policy on the use of rights offerings as a means of raising capital. The TSX announced that: (i) Despite the CSA amendments...
August 18, 2016The first half of 2016 has yielded several important developments in securities litigation, including: Federal appellate decisions applying Omnicare and Haliburton II Delaware court options regarding the application of collateral estoppel to parallel cases previously dismissed based on demand futility A price-increase for dissenting stockholders in a management-led buyout Further developments on disclosure-only settlements. An article, 2016...