Commercial Insurance

for Professional Service Providers

Commercial Insurance

for Professional Service Providers

Excalibur Insurance keeps Ontario thriving with
coverage you can understand and afford.

Excalibur Insurance keeps Ontario thriving
with coverage you can understand and afford.

What insurance coverage does a Service Provider need?

If you own a business in Ontario that sells a service rather than a product you might be uncertain about appropriate insurance coverage. Whether you offer services at a brick-and-mortar location, sell services virtually or bring your services to your customers, you’ve likely uncovered a range of perils to your success. The size of your business, the type of services you provide, and the risk inherent in your services all further muddy the waters of risk management. How to keep offering your services while protecting what you have built is where we come in.

Our Excalibur commercial insurance specialists are familiar with the challenges service providers face. It could be a customer whose conditions worsen after your physiotherapy treatment. Your newest consulting clients may try to pin 3rd quarter losses on your advice. Or perhaps you fall prey to an internet troll who hacks your online booking system. Any one of these potential exposures can be daunting. Rest assured that our brokers will perform a commercial insurance review of all possible coverages to protect you from significant loss.

Our team of defenders has your back, with insurance coverage to keep you open and operating.

We understand

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You need to keep
your team working.

We help you prioritize the liability coverage options that protect you in case a customer or other party takes legal action against you or your team. You can keep working with confidence knowing you are covered.

You need the flexibility to do business when it works for you.

We ensure you have the ability to access real time proof of insurance certificates and make changes to your coverage when you’re at the site, on a coffee break or between client meetings.

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You need to know
we’re a handshake away.

The only thing better than our coverage, is the commitment of our Excalibur Defenders – who double check coverage, and champion small business owners at every turn. If you need us we’re there.

At Excalibur insurance, our commercial specialists help you manage risk using our special process. Only buy the coverage you need; you have options to consider, and we can help you evaluate and understand them.

We Make Your Business
More Appealing to Insurers.

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1. We review common insurer pain points.

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2. We leverage our risk prevention expertise.

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3. We strategically package your submission for a quote.

Professional businesses, we can protect:

  • Accounting Firms
  • Advertising & Marketing agencies
  • Architecture firms
  • Business consulting firms
  • Engineering firms
  • Graphic design agencies
  • Human resources consulting firms
  • Information technology consulting firms
  • Law firms
  • Medical practices
  • Public relations agencies
  • Recruitment agencies
  • Software development firms
  • Tax preparation firms
  • Translation services
  • Web development companies
  • Writing and editing services
  • Financial planning firms
  • Management consulting firms
  • Event planning companies
  • Photography studios
  • Video production companies
  • Travel agencies
  • Interior design firms
  • Health and wellness coaching services
  • Coaching and training firms
  • Environmental consulting firms.

Let Us Pinpoint the Coverage You Need to Grow Your Business.

Our Excalibur Insurance Brokers will ask a lot of questions – for good reason. Professional service providers offer such a wide range of services, it is our job to determine the range of inherent risks. There will be coverages you need to begin serving clients, open a store, or protect yourself from employee actions as your team expands. As well the possibilities of data breaches or cyber-attacks all involve risk regarding profit and success.

You are busy offering first-rate client service and making decisions, let our team review what elements of your unique services pose risks. Our team is there to ensure you have exactly the coverage you require. Risk management will be critical to the success and growth of your service business.

We begin by acknowledging the risks, then prioritizing those in terms of what is most urgent, or likely. Then we’ll develop a plan to manage, mitigate, transfer, accept or even avoid those risks.

Here are a few areas of specialized concern you may want to consider when reviewing your coverage.

  • Business Interruption Insurance for Professionals
    Life happens, and accidents can occur at any time. If something happened that forced you to close shop or discontinue your services for a while, you might still be left on the hook for lost profits, rent, utility expenses, and employee wages. This coverage will help cover these costs up to the amount of loss that was sustained so you can open your doors once everything is back to business as usual.
  • Contractual Risk
    This covers the agreements between your business and a third party, such as a distributor or a retail business, for your business to produce and sell an agreed-upon quantity of your product. Failure to meet this deadline may result in reputational harm and a client could refuse to work with you later.Contracts should be effectively communicated, staff should be trained and up to date on priorities, and your business should avoid taking on tasks that are beyond its capacity to handle or clients that may have conflicting expectations.

These are just a few of the risks your employees and customers face. To keep your team operating at its best our Excalibur Commercial Insurance specialist will review coverage options with you.

Business Insurance for Professional Service Providers

A vital component of risk management, business insurance acts as a form of risk transference. Unfortunately, not all risks can be avoided. Thankfully, business insurance is available for service providers. With the help of experts like the commercial brokers at Excalibur insurance, you can get yours for less.

Not sure what coverage your business may need? See below for a sampling of the types of Commercial Insurance coverage that may benefit your company and protect your assets. A well-protected business is a reliable one – able to confidently take on the next project without fear of ‘what ifs’

Commercial General Liability Insurance

Commercial General Liability, or CGL, is the most basic form of business insurance coverage. It may cover a food & beverage professional from accidents both in-and-outside of regular services. This includes lawsuit expenses due to incidents of slips and falls, structural collapse, or other incidents.

Commercial Property Insurance

If you have a brick and mortar spot your business calls home – you might want to protect it. This coverage protects your business premises against losses due to theft, fire, vandalism, falling objects and other ‘named perils’

Business Interruption Insurance

Many small businesses are not insured if something happens where they need to temporarily close due to a claim. A fire, flood or break in may temporarily halt business and create serious cash flow stress.

Crime Insurance

Commercial “Crime Insurance & Employee Dishonesty” coverage helps protect businesses of all scale and scope from losses due to crime that can occur within or outside your organization.

Commercial Umbrella Insurance

Commercial “Umbrella” Liability coverage extends the limits and coverage of your Commercial General Liability (CGL) insurance capacity. It acts like a shield moving to fill gaps that might exist in your individual policies.

Directors and Officers

D&O coverage protects boards of directors and officers against lawsuit expenses. This includes public, private, profit, and non-profit organizations.

Equipment Breakdown

Equipment Breakdown Insurance protects the equipment your business depends on from sudden and accidental, physical damage that requires its repair or replacement.

Cyber Insurance

Cyber Insurance helps cover expenses when your network is hacked, or your data is stolen. It can include coverage for extortion, crisis management, and business interruption expenses.

Commercial Auto & Fleet Insurance

Commercial Auto coverage ensures that any vehicles used by your business, occasionally or full time, are protected in the case of an accident.

Liquor Liability for Food & Beverage

If your business produces and/or serves liquor as part of its operations this may cover the cost of damages, medical bills, as well as legal expense, defense costs, or settlement fees that could occur should an intoxicated person cause injury to themselves, someone else, or a third-party’s property.

Implementing a plan that relates directly to the service you provide is vital to ensuring your livelihood is protected. Accurate risk management strategies that reflect your business’ exposures and manage, transfer, avoid, or accept your risks respectively will help your business continue to operate for years to come.

You can obtain a commercial insurance review for your business by applying for a quote today with Excalibur Insurance.

You deserve an insurance broker who leaves nothing to chance, wants to save you money – and is willing to tell you the unvarnished truth.

OR, Just give us a call and speak to an Excalibur Defender

1-888-298-7343
Jeff Roy, Excalibur Insurance (headshot)

Jeff Roy

President & CEO
[email protected]
(519) 482-9357

Ken Colquhoun, Excalibur Insurance (headshot)

Ken Colquhoun

VP Personal
& Commercial Sales
[email protected]
(226) 423-3015

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