Our consultative brokerage approach allows us to study various alternatives, both qualitatively and quantitatively, in order to identify the best solution for you.

Our solutions

  • Error and omission insurance (E&O)

  • Commercial property

  • Commercial General Liability

  • Bonds

  • Cyber Risk

  • Directors & Officers Liability Insurance (D & O)

  • Other liability needs

Our solutions

Error and omission insurance (E&O)

Professional liability insurance (errors and omissions) is available to any company that provides a service or advice in the course of its business. In order to properly protect your business, you must make sure that you are financially and legally supported in the event of a lawsuit against you as a result of an error or omission in your professional services. This type of coverage can reimburse your client for financial losses or legal fees if you have to defend yourself in civil court. Your professional liability insurance policy also combines with extended warranties that provide you with legal advice, reclamation of your activities, or professional support to guide you through the claims process.

Octave’s team has distinguished itself since 2001. Thanks to many programs we developed for groups of professionals in all domains (pharmacists, financial security advisor, engineering firms, actuaries, medical clinics, technology and many others).

Commercial property

It is a priority for us to protect your heritage efficiently. We know the risks of owning commercial property and we can identify potential issues with you.

Whatever type of real estate you own, commercial property insurance protects your building, merchandise and equipment of damage from many causes such as fire, smoke, theft, vandalism and water damage.

Goods in transit as well as operating losses in the event of a business interruption are also part of the many protection options available to meet your needs. Octave's team has the necessary expertise to propose preventive measures to properly manage risks.

Commercial General Liability

Commercial General Liability (CGL) insurance is used to protect your business against property or physical damage to others in the course of your work or operating activities.

Our team will help you determine the amount of insurance required, because it must be chosen judiciously based on the risk to which your business is exposed.

In the event of a claim, we will defend the interest of your company and our insurers partners will even assume the costs to defend you. Our expertise will give you access to the innovative and specialized solutions specific to your business profile.


We offer easy and direct access to your growing bonding needs. Our close relation with our insurance partners enables us to negotiate the most advantageous premiums to help you realize your projects. Those guarantees providing indicators of the financial strength and integrity of your company will be negotiated in your best’s interests.

Whether you are general contractors, specialized contractors or subcontractors, Octave's team determines the relevant questions to analyze your file quickly and efficiently.

Consult our team to learn more about our usual and specialized solutions.

  • Contract Bonds
  • GCR Bonds
  • Bid Bonds
  • Performance Bonds
  • Labour and Material Payment Bond
  • Surety's Consent
  • Maintenance Bond

Cyber Risk

In today’s era, business leaders understand the value of data integrity, the need to properly manage their IT systems risks and the significant losses that could be sudden if the reverse happened. Therefore, it is important to get the support of a team that will intervene quickly in case of cyber-attack, both in terms of your systems and your data. Subsequently, the assurance that the costs incurred will be effectively evaluated will allow you to get back on your feet without the impacts compromising your business.

We ensure to offer you products appropriately chosen for your specific needs:

  • Costs incurred due to the violation of your private data
  • Costs incurred as a result of attacking your computer networks
  • Cost of legal expenses
  • Payment of cyber extortion
  • Fraud related to social engineering
  • Payment of your operating losses
  • Payment of your extra expenses:
    • Notification fees to your customers
    • Crisis management and public relations expenses
    • Reconditioning or data recovery costs
  • And many other coverages available upon request

Cyber risks are unfortunately omnipresent for both large and small businesses. We suggest being proactive and managing them upstream rather than downstream.

Directors & Officers Liability Insurance (D & O)

Directors & Officers (D & O) Liability Insurance is created to protect:

    1. the personal heritage of the directors and officers for the claims against them (individually or collectively).
    2. the company itself (corporate assets) for claims against it or for which it indemnifies or is obliged by law to indemnify its D & O.

The liability covered is the result from a failure to fulfill the mandate of the D & O. For example:
  • An act of negligence, error or omission
  • A misleading statement
  • A breach of a legal or statutory obligation
  • A reprehensible employment practices
  • A bad business decision
  • A breach of legal obligations or statutory responsibilities (Civil Code of Québec, Business Corporations Act, Bankruptcy and Insolvency Act)

And this, individually or collectively.

Among the many examples of situations where D & O responsibility is triggered are:
  • Claim of (former) employee for wrongful dismissal, employment discrimination or workplace harassment
  • Claim of the former employer of an employee for unfair competition
  • Claim of a competitor for defamation
  • Claim by a shareholder for the non-disclosure of material information on the form of proxy
  • Complaint for violation of the code of ethics
  • Claim by a shareholder for breach of fiduciary duties, or because of an error in a business decision (eg merger, acquisition ...)

Other liability needs

Several other types of products are available according to your different needs. Good internal, external, transactional or corporate risk management could benefit from one of the following products:

  • Trustees' liability
  • Responsibility for employment practices
  • Kidnappings, ransom demands and extortion
  • Theft and hijacking
  • Environmental risks
  • Cargo risks
  • Product risks
  • Credit risks
  • And many others