Trends to watch out for in professional liability insurance
MGA president sums up the recent and expected changes
Trinity Underwriting: Everything you need to know
Business focus: Managing general agent for specialized risks
Headquartered: Toronto, ON
Employees: 10
Trinity Underwriting is a Canadian managing general agent (MGA) that has in-house authority and extensive underwriting expertise. The company focuses on specialized risks, and insuring intangible assets, such as intellectual property, brand recognition, and data, through its array of products. These include E&O, cyber, D&O, general liability, medical malpractice, life science liability, and legal expense insurance, as well as property packages.
Trinity’s industry expertise spans professional services, technology, engineers, media, life sciences, healthcare, non-profits, cannabis, oil and gas, green processes, manufacturing, and military and defence.
Claims are handled by Trinity’s in-house TPA, Cameron & Associates.
Trinity Underwriting in the news
April 2015: Trinity Underwriting launches anti-spam insurance policy
In recent years, Trinity has also introduced a new hotline, available to all insureds who purchase a professional liability policy, and revamped its key wordings, including its technology wording, E&O wording, and management liability wording.
Key people as of 2019
Michael McLachlan – President
McLachlan has more than 40 years of experience in the Canadian insurance industry, including starting and growing several insurance companies, such as Trinity Underwriting, Berkley Canada, and Creechurch International Underwriters (now Beazley Canada). His goal is to improve the image of the insurance industry in the country, while providing exciting opportunities and challenges for individuals who have chosen the industry for their careers.
Culture
The Trinity team is active in supporting causes that matter to its communities. During the summer in 2019, team members showed their support to the Bethell Hospice Foundation, the Ontario chapter of the Women in Insurance Cancer Crusade (WICC), and Children’s Mental Health Ontario by taking part in a charity golf tournament. In the past, the team has also showed up for the Young Insurance Professionals of Toronto’s charity bocce tournament, ‘Ballin’ Against Cancer.’
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