Why choose Eagle you ask… Well we say, why not?

We provide client-centric risk and insurance solutions for each unique segment”

Eagle is able to create value by being a “One Stop Shop,” offering the right mix of specialty coverages that enable clients to get the best products and services available.  Keeping up with the modern movement Eagle can develop new segments of business that is currently underserviced in the insurance market, while also strengthening relationships with existing clients by identifying special and emerging risks. Changes in the insurance marketplace and the globalization of businesses for companies of all sizes, have resulted in the need to view many risks differently. Much of the insurance industry sees players making substantial changes in strategy and direction based on what other carriers are doing, rather than examining what their clients actually need. Eagle’s ‘things that move’ strategy helps our brokers better serve their clients and land larger, more complex accounts.

Eagle’s Six Principles of Modernization

  1. Product Innovation: Focusing on the customers entire risk, not just the insurance risk.
  2. Distribution Innovation: Eagle has the ability to create demand outside of the normal traditional market.
  3. Pricing Innovation: We develop pricing models based on the true cost of risk.
  4. Cost Innovation: Eagle brings benefits of scale to niche markets.
  5. Service Innovation: We focus on trade of knowledge as well as delivery of our products.
  6. R&D Innovation: Eagle utilizes the power of our customers and clients to make us better.

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CCAA and Eagle Partner to Recognize Workplace Competency

CCAA logo-en
The Canadian Council for Aviation & Aerospace is pleased to announce a strategic partnership with Eagle Underwriting Group that recognizes CCAA Partners and their commitment to workforce competency. Eagle Underwriting Group already offers a comprehensive suite of Risk Management and Insurance Solutions for the Aviation and Aerospace Industries, whilst CCAA National Occupational Standards and certification process remains the only program to recognize both knowledge and competence in 29 specific Aviation & Aerospace occupations.

In a new program that launched November 1st 2016, Eagle Underwriting Group will extend specific discounts to CCAA Partners that reflect their implementation of the CCAA program and the certified competence of their workforce. Competitive discounts are offered for companies who are current CCAA Partners. In addition, Eagle Underwriting’s discounts increase based on the recognized workforce competence provided by the CCAA.

Mike Wills, President of Eagle Underwriting Group stated, “We see a direct correlation between a well-trained and competent workforce and the level of risk a company represents when purchasing insurance. The CCAA system gives us a national, uniform approach to assessing this within the aviation and aerospace sector and we are delighted to reflect this in the competitive rates that we offer. We will be happy to discuss any insurance needs with CCAA Partner companies and their insurance brokers.”

Robert Donald, Executive Director CCAA said “I am very excited about this partnership with Eagle Underwriting Group. Not only does it recognize the work that has gone into developing the CCAA program over the years, but it also offers a tangible benefit to our Partners who have devoted time and effort into implementing it. I look forward to a long and mutually beneficial association between CCAA and Eagle Underwriting group.”

For enquiries on Eagle’s partnership with CCAA, Contact Eagle Underwriting at:

Contact CCAA at:

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Eagle Underwriting teams up with RaetsMarine

Eagle Raets

Canadian based Eagle Underwriting Group Inc. teams up with MS Amlin Marine NV trading as RaetsMarine to offer P&I and Charterers’ Liability insurance to the Canadian Marine Market.

Established in 1996, Eagle Underwriting is a managing general agency offering insurance coverages for “Things That Move” such as Marine and Truck Cargo, Aviation and UAV, Marine Hull, Marine Liabilities, Logistics providers, Environmental Liability, Political Risk and Trade Disruption Insurance.

Established in 1993, RaetsMarine is a leading worldwide operating fixed premium provider specialized in Protection and Indemnity insurance and Charterers’ Liability Insurance.

Eagle Underwriting will be offering P&I and Charterers’ Liability insurance on behalf of RaetsMarine. The combination of the intrinsic local expertise of Eagle Underwriting together with the specialist knowledge and service platform of RaetsMarine provides an unrivalled combination of expertise.

Bernie Cissek, Chairman of Eagle Underwriting said:

“Our mutual expertise in combination with the bespoke insurance solutions that we offer results in what we believe to be a fresh and unique proposition to the Canadian Market”

Bert Scheper, Underwriting Director of RaetsMarine said:

“The cooperation with Eagle Underwriting provides us an excellent gateway to the Canadian Market. Eagle Underwriting’s knowledge of the local market will allow us to grow our business in the Canadian Market”

Contact Eagle and RaetsMarine

Eagle Underwriting Group Inc

Bernie Cissek

Tel: 905-455-6608




RaetsMarine Insurance B.V.

Bert Scheper

Tel: +31 10 24 25 000



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Introducing Andrea J. Sterling

Eagle Underwriting Group Inc is pleased to announce the addition of Andrea J. Sterling, BCL, LLB, as Vice President of Claims and Risk Management.

Andrea J Sterling
Andrea J Sterling joins Eagle Underwriting Group

Recently a partner of a major insurance law firm in Montreal, Andrea brings over 20 years of experience in maritime, transportation and insurance law. Andrea has a particular skill in efficiently negotiating and settling insurance claims. “I am very passionate about assisting others through difficult situations, and I look forward to working with our brokers and clients to provide them with claims service that is over and above their expectations’, says Sterling.

The addition of Andrea greatly expands Eagle Underwriting Group’s ability to provide comprehensive services in the management of claims, both before and after a loss. Her experience in subrogation, contract and risk management will be a tremendous asset to both brokers and clients, minimizing the impact of losses and ultimately increasing their bottom line.

Contact Andrea at:
(905) 497-6609

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Eagle Underwriting Expands into Fine Art and Specie Insurance

To some, a painting, a classic car and other collections are more valuable than simply their monetary value. A standard insurance policy may give options to extend coverage for these items but only a monoline policy will ensure all aspects of risk are addressed. Eagle Underwriting Group offers a specialized approach to the client’s Fine Art insurance needs.

Recently, Eagle has brought Veronica Piñon-Standen on board to lead the development of the Fine Art and Specie division. After 12 years in the Fine Art and Specie insurance market in London, Veronica has gained a strong reputation and knowledge in the class. “With the rapid growth of Eagle’s product lines, Veronica brings the perfect combination of energy and expertise to the team in order to lead our Fine Art and Specie division,” says Mike Wills, President of Eagle Underwriting Group Inc. “We are excited to launch this new division which further strengthens our position as Canada’s leading provider for insurance for Things That Move™”.


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Trade Disruption Lessons From Hanjin

Following several quarters of financial difficulties, banks stopped providing financial support to Hanjin Shipping, which has triggered their restructuring and payment default to several counterparties, inclusive of fuel suppliers, port authorities and even its employees. Hanjin Shipping reported a net loss of $233.6 million in Q1/16 citing freight rates’ drop to record lows. By last Friday, Hanjin said 44 out of its 98 container ships have been denied access to ports around the world and one ship was seized. Hanjin isn’t alone in struggling in the current market, several transportation companies have been dealing with increased volatility in fuel costs and currency swings that test even the most sophisticated and larger operators.

Hanjin’s demise demonstrates the perils several companies face in regards to Trade Disruption. Either directly owned money by Hanjin (its suppliers) or having products sitting in containers on their ships (its clients) where its unlikely these products will reach destination in time for their optimal distribution, several dozen companies are now struggling to figure how they will survive without the funds or with contractual penalties deriving from the shipper credit default. Companies of all sizes can run counterparty risk scenarios, however the reality is, these scenarios are only as good as the real protection arranged to indemnify the company, in case they occur.

Daniel R. Galvao
Trade Credit

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Cargo & Supply Chain Insurance

International trade represents one of the largest and fastest growing segments of business globally, offering tremendous potential.

Eagle is pleased to announce a new policy that combines cargo coverage with basic supply chain protection. Our priority is to protect the financial interest of the customer, so this package approach not only protects the customer’s cargo, but also the customer’s loss of profit or expense due to an interruption in their supply chain.

Eagle’s product is unique in that we are able to offer these coverages for single or multiple suppliers or buyers, or for the customer’s entire turnover.

Policy Benefits

Eagle has partnered with Lloyds to develop this unique product. With this, our brokers and clients have many benefits including:

  • ‘One-stop shop’ with simple and easy reporting
  • Customization for a particular peril or geographical area
  • Comprehensive information on developing global political situations
  • A copy of Eagle’s comprehensive Guide to Marine Insurance

Key Coverages

  • Physical loss or damage to most types of goods
  • Loss of profit and extra expense that arise from a disruption in trade caused by a specific event such as force majeure, collision of conveyance, closure of transportation route or port, and war or terrorism
  • Ability to cover special contracts that have penalties for delay
  • We can  provide, if required, other insurance coverages such as rejection insurance, cyber liability, product liability, and political risks.

* Always subject to actual policy conditions

Key Segments

Transportation – Logistics, marine, aerospace, rail, road

Commodities – Agriculture, mining and metals, consumer goods, forestry, machinery, chemicals, and more

Manufacturers – Importers, exporters, wholesalers, distributors




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What if Forklifts Could Talk?

Telematics and the Internet of Things are popular buzz-words in the industry right now, as homes become connected and usage based auto rates become mainstream. But what does this mean for the transportation industry?

Imagine if every shipment held a sensor that tracked its movements, storing all the data in the Cloud. Now imagine if over time, we could use big data and advanced analytics to identify specific shipping routes that have a higher claims frequency than others; which ships seem to be more involved with claims activities and which trucking companies seem to damage their goods more often? Could we use this, and an unlimited  number of other factors gleaned from the data, to make our risk selection and rating more precise?

Could we develop usage based insurance products for expensive equipment, airplanes and rolling stock to reward customers who use certain pieces rarely and better rate those with high usage? Might we come up with entirely new products that uses data and analytics about the company’s overall operations to determine rates and coverage?

It’s time that we begin to talking about these emerging technologies and determining how we can use them to better service our customers while improving risk selection and rating. The Internet of Things is about to change how risk is measured. Let’s lead the way.

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