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Financial Services Solutions

PANORAMIC RISK SOLUTIONS

FINANCIAL SERVICES

Financial markets are in constant flux. In an industry where things can change seemingly overnight, you’ll need a broker who can keep up with the pace. With over 40 years of serving Financial Services firms, PROLINK understands the intricacies of your business like no one else. We’ll work with you to develop comprehensive risk management and insurance solutions, tailor-made for the continuously evolving requirements of your industry.

Our Panoramic Risk Management Process

Our primary objective is to provide your business with a panoramic view of your business landscape, highlight the unique threats that may impede your success, and arm you with the tools you need to combat any organizational stress. PROLINK will help you:

1. EXPLORE

Build relationships with specialists who will provide genuine advice and follow-through, regardless of how complex your needs are.

2. NAVIGATE

Focus on your next project while our dedicated advisors stay on top of emerging risks, vulnerabilities, trends, and legislations that could affect your business. We’ll share what steps others in your industry are taking and advise you accordingly.

3. IMPLEMENT

Leverage our risk management and insurance solutions to retake control and stay ahead—no matter the obstacle, element or hurdle you encounter.

4. RECALIBRATE

Reassess your risk management strategy and pursue your goals with confidence.

Our Solutions Suite

All of our programs are meticulously crafted for the Financial Services Industry and will help you protect your business, your staff, and your financial security from risk.

Professional Liability Insurance

What is it?

Professional Liability Insurance will protect your business from accusations of errors, omissions, or negligence committed within the scope of your professional activities. It’ll cover your damages—legal expenses, administrative costs, and court settlements—even if the claims made against you are groundless.

Why do we recommend it?

Depending on your field and where you practice, Professional Liability Insurance may or may not be mandated by a regulatory body. But even if it’s not a requirement, there are countless reasons why Professional Liability Insurance is critical for all Financial Services firms.

Whether you evaluate investments, manage payroll, or deal with borrowers, your advice is directly tied to your client’s bottom line. And when people’s finances are in question, tensions can run high. Even if you’ve worked to the best of your knowledge and ability—even if you’ve done nothing wrong—clients can sue as long as they believe there’s been a loss, error, or oversight. The bottom line? Any business or professional that provides professional services or advice to clients for a fee is at risk of legal action and should have Professional Liability Insurance.

Commercial General Liability Insurance (CGL)

What is it?

Commercial General Liability Insurance (CGL) will protect your firm from third-party claims of bodily injury, property damage, and reputational harm caused by your professional activities or business operations.

Why do we recommend it?

CGL will protect you from common risks that all businesses face regardless of size, trade, or industry. Whether your firm is large or small, online or on the ground, you could be liable if any kind of damage or injury to a client, vendor, supplier, or other third-party is traced back to you or staff. You’re particularly vulnerable if you or your employees:

  • Own, rent, or lease a commercial space that’s open to the public;
  • Have a home-based business where clients visit you;
  • Visit your client’s workspace or home, or conduct business anywhere else offsite; and
  • Advertise or create marketing materials for your products, or services.

Cyber Insurance

What is it?

Cyber Insurance protects your business and offsets your losses in the event of a breach, like if your company’s information is stolen or exposed by a hacker, or accidentally released by an employee. This policy typically includes the following coverages:

  • Legal coaching on how to handle the breach with privacy regulators;
  • Funds for credit monitoring and client notification costs;
  • Funds for court-awarded damages and legal fees in case of a civil suit; and
  • Public relations services to manage any reputational fallout from the breach.

Highlights Include:

  • Coverage for First Party Liability Expenses–when a breach happens at your own business. Your policy will provide coverage for expenses associated with: Event Support Services, Crisis Management Expenses, Network Business Interruption, Digital Asset Restoration, Network Extortion/Ransomware, Cyber Crime, Computer Replacement, and Business Interruption.
  • Coverage for Third Party Expenses in the event that you’re sued by a third party whose data was compromised in the breach. This includes costs associated with Privacy Regulation Penalties, Multimedia Liability, Payment Card Industry Fines and Penalties, and more.

Why do we recommend it?

Financial Services firms are among the top targets for cybercriminals. Why? You either have the type of personal information that cybercriminals crave, or you’re a gateway to it. A breach is all but inevitable; it’s just a matter of how soon it happens. Without proper security, you risk losing permanent access to mission-critical data. Plus, if you’re found negligent in the event of a breach, Canadian Privacy Regulators could fine you up to $100,000 per violation. Then there are indirect costs, like client notification, investigation, business interruption, and legal fees. In fact, the average cost per lost or stolen record in your industry is $383. If you have even 100 clients, that means you’ll be out a minimum of $38,300 in breach expenses.

Even worse? Diminished goodwill and reputational harm from the breach might even do more harm than remediation costs, especially if you don’t take swift action or notify breach victims right away. Once you’ve lost that trust, it won’t be easy to regain, or attract new clients, employees, or even investors.

That’s where Cyber Insurance comes in. With a comprehensive policy, you can protect your company from financial loss and get ahead of a breach without losing business momentum or taking a massive reputational hit. Learn more by visiting our Cyber Toolkit below.

Directors & Officers (D&O) Insurance

What is it?

Directors & Officers Insurance protects your business leaders and board members if they’re personally sued for any actual or alleged wrongful acts in managing the company.

Highlights Include:

  • Side A Coverage: Protects Directors and Officers in the event of a claim where the company cannot or will not cover their personal liability. Specifically, Side A will extend coverage to the Director/Officer for any financial exposure related to wrongful acts allegedly committed before or during the policy period, protecting their personal assets in the process. In the event a Director/Officer is found liable, Side A Coverage would pay any legal costs or settlements up to the policy limit and included within the policy terms.
  • Side B Coverage: Protects the organization in the event of a claim where it DOES decide to defend the Directors and Officers. If a Director and/or Officer is found liable, and the organization covers their legal fees/settlements, the organization can claim reimbursement under Side B of their Directors & Officers Policy.
  • Side C Coverage: Protects the entity itself for any claims related to traded securities. For example, if shareholders filed a lawsuit related to securities traded on the stock market, Side C would extend coverage for any legal costs incurred by the company in the process of defending itself.

Why do we recommend it?

As the leader of a Financial Services firm, you’re under a harsh spotlight from clients, shareholders, creditors, regulators, and a variety of other key stakeholders. With rising calls for corporate accountability, even a single mistake or lapse in judgment could lead to a lawsuit for poor governance, misallocation of funds, regulatory non-compliance, and more.

And unfortunately, the consequences for Directors and Officers facing allegations of mismanagement are severe. Both your corporate and personal assets can be at stake—and your company won’t always be able to reimburse your losses. With a comprehensive D&O policy, you can protect yourself and any other business owners, shareholders, investors, and employees from exposure.

Employment Practices Liability Insurance (EPL)

What is it?

Employment Practices Liability Insurance (EPL) protects your business from claims made against you by employees, such as wrongful termination, discrimination, harassment, and more.

Why do we recommend it?

As a business leader, you know how aggressive clients can be—but employees can be equally as unpredictable. No matter how much you trust your team, even if you hand picked them yourself, you might just be one close call away from an allegation that could affect your reputation as a fair employer. And these days, it’s not hard to get the Ministry of Labour involved and suddenly, you’re out thousands of dollars in legal fees and lost business. With an EPL policy, you’ll be protected against any employee allegations that may arise throughout the course of work (subject to the terms of your policy).

Commercial Property Insurance

What is it?

Commercial Property Insurance protects your commercial property from damage or loss and will cover the costs of repairs or replacement for contents, equipment, and furnishings.

Why do we recommend it?

Whether you own, lease, or rent commercial space or work from home, your general liability or homeowner’s policies won’t reimburse you for any damage to your office contents. And without Property Insurance, the impact of repair and replacement costs following a break-in, fire, or other disaster could be financially devastating, especially if you lose any valuable equipment, files, or key documents that are critical to your operations.

Group Benefits Insurance

What is it?

Group Benefits Insurance offers fully customizable Health, Dental and Drug plans for you and your employees at competitive rates.

Why do we recommend it?

The success of any organization relies on the well-being of its people. When employees are healthy—when they feel supported by workforce leaders—businesses are resilient in the face of an uncertain future. That’s why it’s key to protect your employees’ physical, mental, and financial health with a strong benefits package. Our Protect & Perfect risk management approach to group benefits can align your firm with a comprehensive program that reflects your staff’s needs, business challenges, and financial goals.

Risk Management Advice

For more information, check out our blog where we share our insights on insurance trends, current events, and practical tips and tricks to make the best of your coverage.

What our clients are saying

What our clients are saying

Meet Our Team

Our dedicated team of experts is here to support you at every step. We will help you feel confident in your ability to manage risk, so that you can focus on growing your business with less worry.

President & CEO


Derrick Leue is the President and CEO of PROLINK—Canada’s Insurance Connection. He is a leading insurance professional and a licensed broker with nearly 17 years of industry experience. Derrick’s understanding of the exposures facing the Financial Services sector is only matched by his commitment to offering personalized risk management solutions and service. He brings a wealth of experience, expertise, and passion to helping protect Financial Services professionals and organizations.

Derrick Leue RIBO

Practice Leader, Financial Services Solutions


Christine is a licensed commercial insurance broker with over 16 years of industry experience. As the leader of PROLINK’s Financial Services Practice, Christine works with clients to build tailored risk management and insurance solutions that align with their unique needs and strategic objectives. Christine is passionate about her clients’ success, and aims to cultivate relationships with both large and small clients to understand their unique needs, ensure satisfaction, and continually find ways to add value.

Christine Hanna  BA, RIBO, CIP, RPLU+, CRM

Account Manager, Financial Services Solutions


Corinne is a licensed broker with over 17 years of experience. As an Account Manager, Corinne works closely with clients in the Financial Services sector to position herself as their go-to insurance and risk management advisor. She leverages her experience and industry knowledge to deliver exceptional service and tailored risk solutions to Financial Services Firms.

Corinne Lamb RIBO

Assistant Account Manager


Brooke is an insurance professional with over 12 years of experience in the insurance industry. As an Assistant Account Manager, Brooke supports the Financial Services Practice with a variety of day-to-day administrative tasks to simplify insurance transactions and ensure a consistent client experience.

Brooke Somerleigh

Derrick Leue

Derrick Leue RIBO

President & CEO

Derrick Leue is the President and CEO of PROLINK—Canada’s Insurance Connection. He is a leading insurance professional and a licensed broker with nearly 17 years of industry experience. Derrick’s understanding of the exposures facing the Financial Services sector is only matched by his commitment to offering personalized risk management solutions and service. He brings a wealth of experience, expertise, and passion to helping protect Financial Services professionals and organizations.

Christine Hanna

Christine Hanna, BA, RIBO, CIP, RPLU+, CRM

Practice Leader, Financial Services Solutions

Christine is a licensed commercial insurance broker with over 16 years of industry experience. As the leader of PROLINK’s Financial Services Practice, Christine works with clients to build tailored risk management and insurance solutions that align with their unique needs and strategic objectives. Christine is passionate about her clients’ success, and aims to cultivate relationships with both large and small clients to understand their unique needs, ensure satisfaction, and continually find ways to add value.

Corinne Lamb

Corinne Lamb RIBO

Account Manager, Financial Services Solutions

Corinne is a licensed broker with over 17 years of experience. As an Account Manager, Corinne works closely with clients in the Financial Services sector to position herself as their go-to insurance and risk management advisor. She leverages her experience and industry knowledge to deliver exceptional service and tailored risk solutions to Financial Services Firms.

Brooke Somerleigh

Brooke Somerleigh

Assistant Account Manager

Brooke is an insurance professional with over 12 years of experience in the insurance industry. As an Assistant Account Manager, Brooke supports the Financial Services Practice with a variety of day-to-day administrative tasks to simplify insurance transactions and ensure a consistent client experience.

GET IN TOUCH

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

1-800-663-6828

or send us an email below:


    Personal InsuranceCommercial EnterpriseAssociations & Affinity GroupsLife & Benefits


      Personal InsuranceCommercial EnterpriseAssociations & Affinity GroupsLife & Benefits

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