Capacity
Up to $10M primary or excess on corporate annual business
Up to $5M for single project professional coverage
Licensed in all Provinces and Territories
Limit in USD or CAD
When to think of Aviva Syndicates:
- Middle market to large professional and contracting firms
- Professional firms with fees of ~1M up to 1B+ fees
- Contracting firm with revenues of greater than 10M
- Contracting firms (GC, design build, specialty contractors)
- Solution oriented underwriting
- Single project for Owners, architects and engineers or contractors
Target Industries/Classes
- Architects and Engineers
- Contractors
- Manufacturing
- Miscellaneous consultants
- Accountants
- Excess Lawyers
- Single Projects
Non-Target Classes
- Thermal coal
- Anaerobic Digestion & Biomass
- Greater than 50% US exposure but can be considered on one off basis
- High attritional loss but can be considered on one off basis (i.e. increased controls, lesson learned)
Appetite Limitations
- Manufacturing E&O must be bound with Aviva Syndicates Casualty
- Minimum premium
- $10,000 for 1M limit for A&E, Construction and manufacturing risks with minimum deductible of $10,000
- $5,000 for 1M limit for Misc E&O with minimum deductible of $2,500
- $100,000 for 1M limit for single project business with minimum deductible of 100,000 depending on size and complexity of project
Aviva Syndicates (Canada) Inc. is a Lloyd’s service company appointed on behalf of Aviva Syndicate 1492, which is managed by Aviva Managing Agency Limited. Aviva Syndicates (Canada) Inc. is registered in Ontario, Canada (Reg No. 1000764348) at 22 Adelaide St. W. Suite 3400, Toronto, ON M5H 4E3.