News


“GUARANTEE SHIELD”


Christopher Campbell,
National Vice President, Corporate Risk
The Guarantee Company of North America


The New Face of our Corporate Risk Products

Serving the needs of Canadian business professionals has always been at the forefront of The Guarantee Company’s commercial insurance division. As such, we are endeavouring to provide a more streamlined approach to our products and services for our brokers and insureds. To do this our Corporate Risk Department will be shifting to become the “Guarantee Shield Department.” This transformation will allow us to encompass products traditionally sold as 3-D and Financial Institutions Bonds, Non - Profit and For - Profit, Directors and Officers policies, under the new “Guarantee Shield” banner.

Effective January 2008, we are pleased to announce that our first Guarantee Shield product will be available – the “Corporate Shield Policy” – (Private Corporation D & O Policy). The market has shown that the changing needs of smaller Canadian companies are now driving them to seek D&O Liability protection. While our Executive Shield Policy will remain the cornerstone of our D&O liability product line, the new “Corporate Shield Policy” will appeal to small businesses.

Corporate Shield Policy

Our target market;

  • Canadian companies
  • Private (not publicly traded) corporations
  • Less than 250 employees
  • Annual sales of less than $100 million

New policy features;

  • Entity Coverage for the company itself
  • Employment Practices Liability Insurance included
  • Explicit Language providing clarity to the reader

For more information on the competitive and practical advantages of this policy, please contact your Guarantee Shield Underwriter.

Underwriting offices located in Toronto, Montreal and Vancouver

Guarantee Shield Feature Sheet

 

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