skip to main content
Travelers Logo
  • About
  • For Brokers
  • Contact Us
  • Careers
  • Français
Français
Main Navigation
  • For Individuals
      • Insurance for Individuals
      • Car
      • Home
      • More
      • New Home Warranty
        • TRU Builder™
        • Buyers & Homeowners
        • Builders & Developers
        • More
      • Services
        • Payment Options
        • Why Credit History Matters
    • Learn more

      Dangers of Distracted Driving

      You may be surprised to learn that cell phones and texting are just part of the problem when it comes to distracted driving.

      Learn more
  • For Business
      • Commercial Insurance
      • Industries
        • Business and Professional Services
        • Construction & Contractors
        • Hospitality
        • Manufacturing
        • More
      • Management & Professional Liability
        • Crime
        • Cyber
        • Directors and Officers Liability
        • Employment Practices Liability
        • More
      • Surety
        • Contract
        • Commercial
        • Developer
        • Project Loss Insurance
      • New Home Warranty
        • TRU Builder™
        • Buyers & Homeowners
        • Builders & Developers
        • More
      • Services
        • Cross Border Solutions
        • Risk Control
    • Learn more

      5 Types of Cyber Criminals and How to Protect Against Them

      Understanding the types of cyber criminals and their techniques can help protect your organization from a data breach.

      Learn more
  • Claim Centre
      • Claim Centre
      • Report a Claim
      • Claim Process
      • Frequently Asked Questions
      • Claim Support Materials
      • Recommended Repair Facilities
      • Recommended Treatment Facilities
      • Understanding Your Tow Rights
      • Report Fraud
      • CAT Response
    • Learn more

      Claim Process

      Navigating the claim process is easier if you know what’s ahead. Learn about what’s next after you file a claim.

      Learn more
  • Prepare & Prevent
      • Car
      • Home
      • Business
      • New Home Warranty
      • Weather
    • Prepare and Prevent

      Prepare & Prevent

      Tips and expertise to help you protect your business and prevent risks at home and on the road. 

      Learn more
  • About Us
      • Our Story
      • Leadership Team
      • Corporate Governance
      • Newsroom
      • Financial Strength
      • Broker Compensation
    • Learn more

      COVID-19: Steps We're Taking

      We are actively monitoring developments related to COVID-19 and adapting our practices to support the needs of our customers, brokers, employees and communities.

      Learn more
  • For Individuals
    • Insurance for Individuals
    • Car
    • Home
    • More
    • New Home Warranty
      • TRU Builder™
      • Buyers & Homeowners
      • Builders & Developers
      • More
    • Services
      • Payment Options
      • Why Credit History Matters
      • Find a Broker
  • For Business
    • Commercial Insurance
    • Industries
      • Business and Professional Services
      • Construction & Contractors
      • Hospitality
      • Manufacturing
      • More
    • Management & Professional Liability
      • Crime
      • Cyber
      • Directors and Officers Liability
      • Employment Practices Liability
      • More
    • Surety
      • Contract
      • Commercial
      • Developer
      • Project Loss Insurance
    • New Home Warranty
      • TRU Builder™
      • Buyers & Homeowners
      • Builders & Developers
      • More
    • Services
      • Cross Border Solutions
      • Risk Control
      • Find a Broker
  • Claim Centre
    • Claim Centre
    • Report a Claim
    • Claim Process
    • Frequently Asked Questions
    • Claim Support Materials
    • Recommended Repair Facilities
    • Recommended Treatment Facilities
    • Understanding Your Tow Rights
    • Report Fraud
    • CAT Response
      • Find a Broker
  • Prepare & Prevent
    • Car
    • Home
    • Business
    • New Home Warranty
    • Weather
      • Find a Broker
  • About Us
    • Our Story
    • Leadership Team
    • Corporate Governance
    • Newsroom
    • Financial Strength
    • Broker Compensation
      • Find a Broker
    • Find a Broker
  • Home
  • Management & Professional Liability
  • Financial Institution Bonds

Flexible Management and Professional Liability Solutions

Find a Broker Near You

Travelers is proud to work with the finest independent brokers from across Canada.

Financial Institution Bonds

Despite rigorous controls, many securities firms are challenged to stay a step ahead of fraud and embezzlement schemes that are often perpetrated by their own employees. Misappropriation of funds, Ponzi and other investment schemes, counterfeiting and skimming – all are exposures faced by securities firms and their customers.

Travelers Canada Financial Institution Bond, Form14 protects against loss from an employee’s dishonest acts, including larceny, embezzlement, theft, forgery, counterfeit and other schemes, whether committed independently or in collusion with third parties.

Also known as a banker’s blanket bond, a financial institution bond safeguards customers from embezzlement of their funds while protecting a firm’s balance sheet, assets and investments. While Canadian Securities administrators require the purchase of blanket bond coverage in order to be licensed to operate as a stockbroker, securities dealer, and in other financial advisory roles, not all blanket bond protection policies are created equal.

Travelers Canada Financial Institution insurance policies are accompanied by risk management expertise that can help you prepare when even the most rigorous internal controls and practices are not enough to prevent a trusted employee from engaging in dishonest acts.

Who is this right for?

  • Financial Institutions

  

What's covered?

  • Employee dishonesty against the firm and its clients
  • Coverage for destruction and theft of money and securities inside and outside the firm’s premises, as well as at its banking premises
  • Coverage for forged firm cheques, and acceptance of forged security documents and counterfeit currency
  • Computer fraud and funds-transfer fraud by third parties hacking into the firm's system
  • Worldwide territory
  • The option of a “per loss” form with a limit of liability that is fully reinstated after a loss, so the limit will not erode as it would under an aggregate form
  • Availability of audit expense coverage, which provides coverage for audits or examinations required for proof of loss from dishonesty, fraud, larceny or embezzlement committed by an employee
  • Coverage for additional Canadian offices established by the firm

  

Explore

  • Crime

  • Cyber

  • Directors and Officers Liability

  • Employment Practices Liability

  • Errors and Omissions Liability

  • Fiduciary Liability

  • Identity Fraud

  • Kidnap and Ransom

  

What else do we offer?

  • Commercial Insurance Icon
    Commercial Insurance
  • Cyber+ Icon
    Cyber+
  • Management & Professional Liability Icon
    Management & Professional Liability
  • Surety icon
    Surety
  • Services Icon
    Services

Find a Broker

Need a Broker?

Get the personal service and attention a broker provides. To learn more about insurance options in your area, find a Travelers Canada broker near you.

Find a local broker in your area:

Travelers logo

© 2023 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in Canada, the U.S. and other countries. Travelers Insurance Company of Canada, The Dominion of Canada General Insurance Company and St. Paul Fire and Marine Insurance Company (Canada Branch) are the Canadian licensed insurers known as Travelers Canada.

  • Travelers on Twitter
  • Travelers on Facebook
  • Travelers on LinkedIn
  • Travelers on Instagram
Français

Products & Services

  • For Individuals
  • For Business
  • Claim Centre
  • Prepare & Prevent

Our Company

  • Why Travelers
  • Careers
  • Community Involvement

Connect

  • Contact Us
  • Payment Options
  • Why Credit History Matters
  • Find a Broker

Legal & Compliance

  • Terms & Conditions
  • Accessibility
  • Privacy & Security
  • Legal Notices
  • Consumer Complaints
  • Consumer Code