CMBA ON-Canadian Mortgage Brokers Association Ontario Insurance Program


Welcome to the CMBA Ontario Insurance Program from PROLINK

PROLINK has developed a program that provides Canadian Mortgage Brokers Association Ontario members with industry-leading insurance coverage. Professional coverage has been enhanced to offer a customized Professional Liability Insurance program meeting the specific requirements of mortgage brokerages operating in Ontario and across Canada. 

Together, we have also advocated for your personal insurance needs with a network of insurers to ensure that you’ll benefit from superior protection at unparalleled rates.

At PROLINK, we can help you feel confident that you have the right protection.

We believe in personal relationships.

We value knowing you, and taking the time to understand your unique situations, so that we can provide you with genuine advice and follow-through. Our named, dedicated advisors will take a holistic view of your lives and explain all of your coverages and potential exposures, so that you can make educated decisions.

We have over 30 years of experience.

As a result, we’ve seen insurance from every perspective. Wherever you’re coming from, and whatever you need, we’re your one-stop-insurance-shop. You can depend on us for the protection you require.

We represent a network of insurers.

We know their strengths, their weaknesses, how they’ll assess you as a risk, and how they’ll treat you in the event of a claim. Plus, as one of Canada’s largest national brokerages, we have the buying power and influence required to advocate for you and your needs with the various insurers.

We work for you, not the insurer.

As an independent insurance brokerage, we are not obligated to sell you on a particular insurer. Instead, we’ll evaluate the available offerings and the discounts you are eligible for, to bring you solutions to best fit your life.

Protection for My Business and Professional Life

Browse our professional insurance solutions tailored to the needs of Ontario's Mortgage Brokers. 

  • Errors and Omissions PLUS Program

    The Mortgage Brokerage Industry is expanding with new OSFI lending regulations pushing more clients to your door for options. An influx of clients means an increase in sales which is great for business. Not-so-great, though, is the widening exposure that brokerage owners face as a result.

    To keep up with sales, you might hire more agents in a sub-contractor relationship to work under your banner. This entrepreneurial culture can create a work environment that’s difficult to control. Independent minded agents may bypass certain internal processes to close deals quickly, leaving you exposed to potential security and professional liability risks in tandem. You will have a hard time defending yourself successfully if you cannot provide documentation supporting all appropriate due diligence processes were completed before connecting borrowers and lenders.

    We can help. PROLINK—Canada’s Insurance Connection has developed a comprehensive and regulatory-compliant Errors and Omissions Liability PLUS Program, tailored to your unique needs and offered at highly competitive CMBA ON member rates.

    Our E&O PLUS program features:

    • Errors and Omissions Liability Coverage:
      • Flexible amounts of coverage ranging from $500,000 to $5,000,000 per loss;
      • Protects mortgages arranged with private and institutional lenders;
      • Covers Mortgage Administration Services;
      • Full prior acts coverage for the brokerage. The policy will cover services rendered by all associates since the inception of the brokerage. All agents and employees automatically covered under the policy;
      • Legal Expenses reimbursement for Regulatory Disciplinary investigations and hearings;
      • No deductible if no damages are paid to the third party claiming against you.
    • Privacy Breach Coverage:
      • $250,000 for privacy and data breach incidents;
      • Covers legal expenses for lawsuits and damages awarded to third parties;
      • Covers expenses for computer forensics, PR services, legal counsel, and credit monitoring services in the fall-out of a breach.
    • Legal Protection for Brokerage Principals:
      • $50,000 for legal expenses related to: Employment Disputes, Tax Audits, Anti-Spam Legislation Defence, Business Contract Disputes, personal legal defence of Highway Traffic Act infractions and more;
      • Unlimited telephone legal advice for Professional and Personal matters.
    • Canada-wide coverage: E&O PLUS covers brokerages licensed in any province and is regulator-approved in provinces where E&O insurance is mandatory.

    Contact PROLINK to apply today!

  • Financial Institution Bond for the Ontario Securities Commission

    The CMBA Bond program provides members with an additional 10% discount on the lowest marketplace rates. The Bond complies with all requirements under National Instruments 31-103 for firms registered as either Investment Fund Managers, Restricted Portfolio Managers, or Exempt Market Dealers. The application process is simple and CMBA members can benefit from a quick turnaround from an insurance broker who understands your business.

    Contact PROLINK to apply today!

  • Mortgage Impairment Insurance for Private Lenders

    This valuable protection for mortgage administrators, MICs, and private lenders arranging mortgage funds through your brokerage is offered at competitive rates.

    Highlights include protection for:

    • The entire mortgage portfolio;
    • The private lender's mortgage interest against physical loss or damage from uninsured perils (i.e. flood, fire, seqer back-up, vandalism);
    • Commercial and residential properties across Canada;
    • Both vacant and occupied properties.

    Contact PROLINK to apply today!

  • Commercial Office Insurance

    If you lease or own an office location, you need to ensure that you have proper protection in place. The CMBA Commercial Office Package provides Commercial General Liability, Property, Business Interruption and Crime Coverage Insurance at extremely competitive rates. This package will help you protect the investment that you've poured into your office, as well as meet any landlord or property manager lease requirements.

    Contact PROLINK to apply today!

Protection for Me and My Personal Life

Your life is complicated. Selecting your insurance doesn’t have to be. Learn how we can help make your life simpler.

  • Home & Auto Insurance

    On any given day, someone could slam into your car during the morning commute, or your basement could flood causing thousands of dollars of damage. These—along with any number of other scenarios—have the potential to disrupt your life and bring you emotional distress and financial strain.

    At PROLINK—Canada’s Insurance Connection it’s our job to worry about which coverages you need and which risks you face so that you don’t have to. With over 30 years of experience and access to over 30 insurers, we can offer you a choice of insurance solutions, price points, and other benefits. Wherever you’re coming from, and whatever you need—we’ve been there and done that. You can depend on us for the protection you require.

    Plus, as a member of CMBA ON, you can save up to 20% on your Home and Auto Insurance!

    Contact us for your no-obligation quote today!

  • Health & Dental Insurance

    Unfortunately, expensive treatments, prescriptions, and high-cost dental work always seem to pop up when you’re least expecting them. And when these unpredictable events occur, they also come with a serious potential to derail your budget. But it doesn’t have to be that way.

    PROLINK can help. Our plans cover Health, Vision, Dental, and Drugs, and can get you access to 15 Paramedical services such as Massage, Chiropractic, Physiotherapy, and more. We will take the time to understand you, your needs, and your family, and offer you an affordable solution that fits your life, perfectly.

    To learn more, contact PROLINK today.

  • Life Insurance

    Most people don’t like to think about Life Insurance. That’s because it’s a complex coverage that only activates as a result of an insured’s death due to natural or accidental causes. It can be painful to imagine all that would come to pass in the event of one’s death—even for a split second. We can appreciate that.

    But if something were to happen to you, could your family or loved ones recover financially without feeling a serious strain on their assets? A rich Life policy can help them get back on their feet, should something occur.

    So pass the pain over to us. At PROLINK, we will take the time to understand you, your needs and your family. Then, we will offer you a best-fit solution for you and those you care about that is affordable and offers the long-term protection you and they will require.

    Contact PROLINK to evaluate your options today!

  • Critical Illness Insurance

    Medicine has allowed people to live both through and with serious illnesses at higher survival rates than in the past. However, such sicknesses often come with many direct and indirect costs. Certain drugs and treatments are not covered by typical health plans, while some of the latest healthcare innovations are only available in the US. Indirect costs can encompass anything from travel expenses to child care, and more. Unfortunately, most people don’t intuitively know to account for these things.

    If you were to get seriously sick, Critical Illness coverage can provide you with a lump sum that you can leverage in whatever way best fits your needs. Once it’s been paid, there are no restrictions as to how you decide to spend it—whether that means hiring a nurse, making your home accessible, taking a vacation or even paying off a portion of your mortgage.

    PROLINK can help you access the best that medicine has to offer by providing you with a customized Critical Illness policy that is cost-effective and will give you the long-term financial flexibility you will require.

    Contact PROLINK to evaluate your options today!

  • Travel Medical Insurance

    When you plan a trip, you determine the things to pack, the sights you’ll see, and the budget for food and activities. You probably don’t consider the things that can go wrong, the process for finding help, and the unforeseen medical bills.

    And that’s normal. You work hard and deserve a worry-free vacation. Sadly, life doesn’t go on holiday. A health crisis can happen no matter where in the world you may be. To truly relax, you need to feel secure in knowing that you are protected if something were to happen to you or your loved ones during your time away.

    At PROLINK—Canada’s Insurance Connection we can help you access comprehensive Medical Travel coverage for your trip. Plus beyond simply covering emergency medical costs, we can also help you add lost baggage and trip cancellation endorsements to your policy.

    Be prepared for whatever happens, wherever it happens.

    Contact PROLINK to learn more today!

  • Pet Insurance

    If you’re like most pet owners, your pet is your constant companion. So when your little companion unavoidably gets sick, it can be very distressing emotionally. We can all agree that it’s hard to see your once-lively pet refuse to eat or struggle up the stairs.

    While the veterinarian can offer you hope to cure whatever’s ailing your pet, that cure often comes at a high cost. Many people either have to save up for a treatment, or put themselves in debt in order to afford these unexpected fees. Still, you want your pet to receive the best care available.

    Purchasing PetSecure insurance through PROLINK can help take away the financial burden of getting your pet the care that they require in times of need. For a small monthly rate, you can receive up to thousands of dollars in coverage for your pet’s accidents, illnesses, and dental care.

    Contact PROLINK to learn more today!

Caring Claims

Sometimes, stuff happens. In the event that you need to make a claim and the situation is urgent or an emergency, help is a phone call away!

Monday to Friday (8AM to 5PM)
 Contact PROLINK directly at 1 800 663 6828. We will take your claim, confirm your policy and report it to your insurer.

After Hours
Access our after-hours claims service, Kernaghan Insurance Adjusters at  1 800 387 5677, or call your insurer directly and they will loop us in.

Please reach out to PROLINK if you ever feel unsure. We’re here for you.

Speak to a Representative Today

To speak to a professional who can guide you to the right coverage from the right insurer at the right price contact us below:


Personal InsuranceCommercial EnterpriseAssociations & Affinity GroupsLife & Benefits

Personal InsuranceCommercial EnterpriseAssociations & Affinity GroupsLife & Benefits

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