Under Construction

At Sovereign we are passionate about protecting Canadian businesses and the communities they serve. So please bear with us while we undergo some construction to build a better experience to serve you better!

What can you expect in 2019?

  1. A refined risk appetite with enhanced coverage features for the manufacturing industry.
  2. A new web experience at sovereigninsurance.ca with a focus on our target industries, risk appetite and coverages.
  3. A refreshed look and feel to the Sovereign brand – you are getting a sneak peek here!

Same great Sovereign but with continual improvements so we can continue to make it easier to do business with us because at the end of the day your experience matters!

Until then, you can still find us at www.sovereigngeneral.com or go directly to your favourite sections on our current site:

What’s new in manufacturing:

Innovations in technology, an increasingly global market, tough competition and high demands - as a Canadian business ourselves, we get it and feel it too!

Which is why we’ve been hard at work uncovering and understanding what is important to Canadian businesses so that we can provide the right protection. We couldn’t wait to share our new coverage features available later this fall, so here is a sneak peek.

Manufacturers E&O

Coverage in the event a manufactured product fails or fails to perform as intended due to a design flaw.

Contingent Business Interruption Extension – named and unnamed locations

Expanded business interruption coverage if there is a loss or damage to a third-party location outside of USA/Canada including supply chain risk.

Depreciation in Value of Undamaged Stock

Coverage for the diminished value of a company’s stock that is undamaged following a loss and therefore cannot be sold.

Unspecified Locations – Contents (Worldwide)

Expanded coverage for stock and equipment to unowned locations outside of Canada/USA.

Rigger’s Liability Extension

Coverage in the event of damage the third-party property while it is being hoisted or moved by a crane.

Communicable Disease and Food Contamination

Business interruption coverage based on restricted access to a company’s premises due to communicable disease or food contamination.

Product Impairment

Business interruption coverage in the event of a product recall.

Product Recall Expense

Coverage for incurred expenses during a product recall. This includes replacement value expense, or pre-recall expenses and product tampering coverage.

Social Engineering/Fraudulent Impersonation

Coverage if a 3rd party impersonates someone to mislead a company’s employee into transferring money into their account.

Radioactive Contamination

Covers property damage caused by sudden and accidental radioactive contamination.