For P&C Agencies & Networks
Coverage built for the way agencies actually work.
The coverage needs of insurance agencies and insurance networks are as vast and varied as the clients they serve. Canary knows this and helps firms see through the trees in determining which coverage options make sense for where they’re headed, not just where they’ve been.
What we hear from agency owners
Most of the agency owners who reach out to Canary aren’t shopping price. They’re tired of feeling like their policy or program stopped fitting two or three renewals ago. They know their business and the market have changed and they want to talk to someone about real questions they have; to learn what is or isn’t an option and what they can do about it.
Rigid programs
Coverage written to a single programs template, with little room to flex when the agency outgrows it.
Lack of experience with writing group programs
An individual policy isn't always the way to go. Knowing when an individual policy vs a group program makes sense can be invaluable.
Slow response when it matters
Some questions need fast answers. Waiting too long for a response from someone knowledgeable can be costly.
Limited carrier options
One quote, take it or leave it. No view into whether something else might be out there or suit the agency better.
Canary works differently
Multiple carrier options
Just like no two agencies are the same, no two policies are the same. Canary works to provide carrier options for your consideration. You choose what's best.
No membership dues
You don't have to join an association to be a Canary client. If we can help, we will. Plain and simple.
A boutique experience
No more long queues or redescribing your concerns or questions over and over again to different people. You talk to a person who knows your name, your file and is ready to help.
Coverages we offer
You’re here because you want to protect your business, but you also want options. We’re here and ready to help you move forward with just that.
- Errors and Omissions / Professional Liability
For an agency, E&O is the line that sits closest to the work itself: the application taken over the phone, the renewal that didn't get re-marketed, the coverage the insured thought they had. Designed to respond when a client alleges the agency got something wrong, missed something, or didn't do what was expected.
Addresses claims arising from professional errors, oversights, or alleged failure to perform in the services your business provides to clients.
- Management Liability
Most agencies carry E&O and stop there, even as the agency picks up employees, a producer agreement, a 401(k), and a checking account that handles premium funds. Management liability gathers the leadership-side exposures that come with running the agency as a business, not just placing the business.
An umbrella term for the management-side exposures most businesses carry but rarely think about until something happens: leadership decisions, employment practices, and fiduciary duties.
- Directors and Officers (D&O)
Agency ownership rarely sits with one person for long. Partners come in, networks form, family members take on titles, and the decisions made at that level can be questioned later by a co-owner, a producer, or a counterparty. D&O is designed to respond when those leadership decisions get challenged.
Responds to claims alleging wrongful acts by directors, officers, or the company itself in their leadership decisions. Relevant for any business with a board, partners, or named executives.
- Employment Practices Liability (EPLI)
The first producer hire, the assistant who didn't work out, the CSR who left for a competitor: agencies sit in a relationship-heavy business, and employment claims can arrive from any of those directions. EPLI addresses allegations from employees, applicants, or contractors working under the agency's name.
Addresses claims from employees, applicants, or independent contractors working on the company's behalf alleging wrongful termination, discrimination, harassment, or related employment practices. Worth a look the moment a business has employees.
- Fiduciary Liability
The moment an agency offers a 401(k), a profit-sharing plan, or any employee benefit program, someone in the agency becomes a fiduciary, often without realizing it. Fiduciary liability is designed to respond to claims that those plans were mismanaged under ERISA or similar standards.
Designed for businesses that manage employee benefit plans. Responds to claims alleging mismanagement of those plans under ERISA or similar standards. Often overlooked until a participant raises a concern.
- Crime
Agencies handle premium funds, sweep accounts, and client payment information every day, and the exposure usually comes from inside the office rather than outside it. Crime coverage addresses losses from employee theft, fraud, and certain third-party criminal acts that touch the agency's books or its clients' money.
Addresses losses from employee theft, fraud, and certain third-party criminal acts. Frequently bundled with management liability for businesses that handle client funds or sensitive data.
- Cyber Liability
Agency management systems hold full applications, driver's license numbers, EINs, and policy histories, all of it useful to someone with bad intent. Cyber liability is designed to respond to data-breach incidents, ransomware events, and business-email-compromise claims that hit the agency or move through it to a client.
Responds to data-breach incidents, ransomware events, and business-email-compromise claims. Increasingly relevant for any business that holds client records or processes payments online.
For the full set of lines Canary places, see What We Do.
Options matter. You shouldn’t be limited by a membership card or a one size fits all policy form when placing your coverage. You’re far too dynamic for that.