Professional Liability Insurance, Property Insurance and/or Commercial General Liability Insurance

Marsh Canada Limited continues to be your appointed broker for the ADRIC Sponsored Insurance Program, which has just recently been reviewed and improved again. The program, underwritten by Certain Underwriters at Lloyd’s of London, effective July 1, 2016,  has been specially designed and allows for ADRIC members to benefit from the power of group purchasing for their professional liability insurance needs with additional optional coverages also available for commercial liability, cyber liability, property, and now legal expense insurance. With professional liability issues continuing to be a key concern, some members have commented that access to this insurance program alone is worth the yearly cost of ADRIC membership. ADRIC strongly encourages all members to be insured. Please visit the Marsh website at www.marsh.ca/adr for a quote or contact your Marsh Canada licensed insurance broker at 1 888 711 9010 or errorsandomissions.insurance@marsh.com for more information. Several enhancements to coverage have been included and are summarised as follows:

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1. Training/Teaching coverage is now offered at no additional premium.

2. 10% discount for the arbitrators/mediators who have ADRIC’s Chartered status subject to having no claims.

3. Insured definition expanded to include the following categories:

  • ADR Practitioner (services as defined below excluding Arbitrator)
  • Arbitrator (including ADR Practitioner services as defined below)

4. Insured Services clarified to include:

  • Negotiation
  • Mediation
  • Arbitration
  • Group Facilitation
  • Facilitation (2-party, not group)
  • Conferencing
  • Group Needs Assessment (GNA)
  • Group Intervention(GI)
  • Conflict Coaching
  • Executive Coaching (not conflict coaching)
  • Early Neutral Evaluation
  • Executive Mini Trial
  • Judicial Mini Trial
  • Collaborative Law
  • Parenting Coordination (Med/Arb)
  • ADR Consultations
  • Pre-ADR Process (assisting the parties to select an appropriate ADR process)
  • Ombudsman
  • Judicial Dispute Resolution (JDR)
  • Selection and Hiring of ADR Practitioners
  • Training / Instruction / Coaching of ADR Practitioners and members
  • Training / Instruction / Coaching in the workplace or family
  • ADR Systems Design / Implementation and/or Management
  • Workplace Investigations
  • Restorative Practices /Restorative Justice Circles

5. 10% discount for completion of ADRIO’s online Ethics Course – Practical Ethics for Working Mediators.  This course was developed by ADR Institute of Ontario and has been made available to all ADR Institute of Canada Members.

6. Optional DAS Legal Coverage: Legal expense insurance is now available for only $95.00 per year (plus applicable taxes) – Through an exclusive offering for Marsh Canada professional liability insurance clients, you are now eligible to purchase legal expense insurance (LEI), underwritten by DAS Canada, at the special preferred rate of only $95.00/year. In addition unlimited telephone legal advice, LEI may help pay for lawyers’ fees, disbursements for expert witnesses, medical reports, and court costs, and adverse costs if you lose your case and a judge orders you to pay the other party’s legal fees. Remember that the need for legal expense insurance can arise from everyday occurrences such as dealing with drivers’ license issues, bodily injury, employment disputes, or CRA (Canada Revenue Agency) tax matters including audits.


 

PROFESSIONAL LIABILITY

Professional Liability insurance covers liability for damages arising from  the rendering of or failure to render Alternative Dispute Resolution services.   Only Full Members are eligible to apply under the ADRIC sponsored program.  To apply, please clink on the link www.marsh.ca/adr

View Brochure.

Option 1 Option 2 Option 3 Option 4
$1,000,000 per claim limit

$2,000,000 aggregate limit

$1,000 deductible

$2,000,000 per claim limit

$4,000,000 aggregate limit

$1,000 deductible

$3,000,000 per claim limit

$6,000,000 aggregate limit

$1,000 deductible

$5,000,000 per claim limit

$5,000,000 aggregate limit

$1,000 deductible

OR OR OR OR
$1,000,000 per claim limit

$2,000,000 aggregate limit

$500 deductible

$2,000,000 per claim limit

$4,000,000 aggregate limit

$500 deductible

$3,000,000 per claim limit

$6,000,000 aggregate limit

$500 deductible

$5,000,000 per claim limit

$5,000,000 aggregate limit

$500 deductible

 

Also included in any of the options listed above are the following extensions of coverage:

COVERAGE DEFINITION SUB-LIMITS
Legal Expense Reimbursement Offers reimbursement of legal expenses if a complaint is made against you and you are required to defend yourself in front of a disciplinary committee. $25,000 per claim
Criminal Reimbursement Provides reimbursement for legal expenses incurred if you are brought  into a suit for a criminal offense and were found not guilty. Actual Cost Incurred

CYBER LIABILITY (Optional)

First Party Hacker Damage and Third Party Cyber Liability sub-limited to $25,000 per claim and aggregate.

PROPERTY (Optional)      

Property Damage limited to $25,000 per claim                                                                                           

COMMERCIAL GENERAL LIABILITY

If you wish to complement your Professional Liability Insurance Policy with Commercial General Liability please see below. This covers liability for property damage and/or bodily injury arising out of your business operations.

Option 1 Option 2 Option 3 Option 4 Option 5
$1,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$2,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$3,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$2,000,000 per claim

$1,000,000 Tenants Legal Liability

$2,000,000 Standard Non-Owned Auto

Deductible $500

$3,000,000 per claim

$1,000,000 Tenants Legal Liability

$2,000,000 Standard Non-Owned Auto

Deductible $500

For further information, contact:

Ruby Noronha, Client Representative
Email:  errorsandomissions.insurance@marsh.com

Theresa Mukoyi, Client Representative
Email: errorsandomissions.insurance@marsh.com

Joanna Reid, Senior  Vice President
Email: Joanna.reid@marsh.com

Clothilde Nyandwi, French Client Representative:
Email:  clothilde.nyandwi@marsh.com

Marsh Canada Ltd.
120 Bremner Blvd.,
Toronto, ON M5J 0A8
Tel: 416-349-3596 | 1-888-711-9010 | Fax: 416.349.4788

IMPORTANT NOTICE ON CLAIMS

The Professional Liability policy is a CLAIMS-MADE AND REPORTED policy which requires that all claims against you or incidents which arise that may result in a claim during the policy period be reported immediately to the Insurer before the expiration of the policy. It is prudent that you report claims or circumstances which may give rise to a claim to the Insurer to avoid denial of coverage.

Your Property and/or Commercial General Liability policy is written on an Occurrence based policy.

EXTENDED REPORTING (ERP) / Tail Coverage

Liability may not cease by virtue of retiring from the practice of ADR.  As such, the policy contains a provision which allows members (in the instances of death, retirement or cessation of business) to purchase an Extended Reporting Period which provides coverage for activities conducted prior to the death, retirement or cessation of business.

Premium for the ERP coverage effective in the first year following  death, retirement or cessation of business is 75% of the last annual premium paid.  Any renewal of the ERP in subsequent years drop to 50% of the last annual premium paid.

This insurance covers you for claims made against you after you have stopped practicing. For more information please see: Extended Reporting Period (ERP) Options

The information on this page is only an overview of the Insurance program. The detailed terms, conditions and exclusions of coverage are set out in the Policy. The Terms and Conditions of coverage, as well as the cost of coverage, are subject to change or updating by the Insurance Company.