Union Risk™ is the dedicated risk advisory within Union Financial. Your lending, wealth management, and insurance strategies
operate under one roof. We know you. So, when a claim occurs, your advisory team already has the context.
We work with accomplished individuals and families — people who have built wealth through real estate, business ownership, and
professional services, and expect their insurance to be managed with the same discipline.
We take on a limited number of new advisory relationships each year whose risk profile demands coordination. If the fit is right, we
will show you the difference.
How We Work
Four commitments to every client.
Cost Control
We assess your full risk position, personal and commercial, and structure tiered options. Every arrangement is remarketed
annually. Carriers compete for your business at every cycle.
Claims Advocacy
When a claim occurs, we manage the entire process personally, proactively, and without limitation on the time we invest. You make one call. We coordinate everything from emergency response to settlement negotiation.
Premium Financing
If substantial premiums are constraining your capital deployment, Union Lending™ Corporation provides structured financing to preserve cashflow. One relationship manages both sides.
Specialty & International Placement
For complex risks (i.e. marine, aviation, large commercial, fine art), we access specialty markets including Lloyd’s syndicates. If
the domestic market hesitates, we work to find the market that doesn’t.
PROPERTY AND REAL ESTATE
Protection that reflects what your portfolio actually requires.
When fire destroys a building at 3 a.m., the question shouldn’t be whether you have insurance, it’s whether your replacement values reflect today’s construction market. Whether it’s a single commercial building or a portfolio of syndicated holdings, your insurance needs to reflect actual replacement cost, liability exposure, and lender requirements, not a generic schedule that hasn’t been reviewed since the original purchase. Protection that reflects what your portfolio actually requires.
- Protect the building, contents, and revenue stream against interruption
- Secure title position across all holdings
- Ring-fence environmental exposure to avoid it becoming personal liability
- Ensure tenant obligations don’t create uninsured gaps
- Satisfy lender requirements as terms change
- Transition protection through construction phases
PERSONAL PROTECTION
The painting your family has owned for decades. The vacation property your children grew up visiting.
When loss strikes, the question isn’t whether you’re insured, it’s whether these assets have been valued in the last five years.
Most high net worth individuals are spread across multiple advisers with no consolidated view. Gaps go unnoticed. No one is looking at the complete picture.
Union Risk™ consolidates your personal risk exposure under one advisory team. We identify gaps, eliminate redundancy, and ensure every asset is covered to its proper value with scheduled valuations to protect against underinsurance.
- High-Value Homeowners
- Secondary and Vacation Properties
- Scheduled Personal Property
- Fine Art and Collections
- Excess / Umbrella Liability
- High-Value Auto and Recreational
- Personal Cyber Protection
- Watercraft and Aviations
BUSINESS AND PROFESSIONAL
If you operate through multiple entities, your protection should too.
A lawsuit you didn’t see coming. A data breach that exposes client records. A disgruntled employee who files a claim the moment they walk out the door.
The liability exposure that comes with building a business can surface without warning and most clients discover gaps in their arrangements only after it does.
- Commercial General Liability (CGL)
- Directors & Officers (D&O)
- Errors & Omissions (E&O)
- Cyber Liability & Data Breach
- Crime & Fidelity Insurance
- Commercial Auto & Fleet
- Key Person Insurance
CONSTRUCTION AND DEVELOPMENT
Insurance that transitions with your project.
A crane collapse during construction. A subcontractor’s error that requires partial demolition. A delay that triggers penalty clauses across every contract in the chain. Active development projects carry distinct risks at each phase — land assembly, construction, occupancy. Your insurance programme needs to adapt at each stage.
Union Risk™ provides project-specific protection tied to your development timeline and lending milestones. Builder’s risk during construction. Property and liability at completion. Landlord coverage at occupancy.
One advisory team through the full lifecycle.
- Builder’s Risk Insurance
- Wrap-Up Liability (OCIP / CCIP)
- Contractor’s General Liability
- Professional Liability (design & engineering)
- Environmental Site Liability
- Equipment & Tools Coverage
- Surety Bonds & Performance Guarantees
PREMIUM FINANCING
Keep your capital working.
If substantial premiums are constraining your capital deployment, Union Lending™ Corporation provides structured financing that keeps your insurance bound from Day 1 while spreading payments across the term.
This is particularly valuable for clients with significant business assets, liability risks, property portfolios, development projects, or multi-entity commercial programmes where annual premiums can be substantial. Your insurance is bound immediately.
Your capital stays deployed where it is needed. One relationship manages the insurance and the financing.
Day 1
Ful Coverage Bound
Structured
Payment Plans
One
Integrated Relationship
WHEN IT MATTERS MOST
Claims advocacy. Not claims processing.
A fire at 3 a.m. A lawsuit you didn’t see coming. A flood that destroys inventory and halts operations for weeks. The true test of any insurance relationship is what happens in the moment when your family is displaced, your business is exposed, and every
hour costs money.
Most advisers file the claim and wait. Union Risk™ manages the entire process personally, proactively, and without limitation
on the time we invest.
Immediate Response
One call. We coordinate everything – emergency services, restoration, and temporary arrangements. You focus on your family and your business.
Specialist Engagement
For complex losses, we retain independent adjusters, forensic accountants, and loss consultants on your behalf ensuring the
claim is quantified and presented to the carrier with professional rigour.
Settlement Negotiation
We negotiate directly with the carrier on your behalf. Our role is to maximise your recovery, not to facilitate the carrier’s
preferred outcome. We work for you.
Your advisory team. Your advocate. Without limitation.
THE UNION FINANCIAL ADVANTAGE
Lending. Wealth. Insurance.
Most clients manage their lending, investments, and insurance through separate advisory firms that do not communicate.
Union Financial changes this. Your lending team, your wealth adviser, and your risk advisory operate within one platform. No gaps between disciplines.
MULTIPLE DISCIPLINES. ONE RELATIONSHIP.
Lending through Union Lending™ Corporation
Risk advisory through Union Risk™ Management Corporation
Life insurance through Union Insurance Brokerage™ Corporation
Corporation Wealth management through Union Wealth Management™ Corporation
Union Financial. Zero gaps in between.
Leadership
The team behind your advisory.
Union Risk™ is led by experienced professionals in risk advisory, commercial lending, legal liability, and high-net-worth client management.
Your account is managed by named advisors — not a call centre, not a rotating desk.
Ross Huartt, Managing Partner
Strategic risk and capital advisory across commercial, personal, and specialty lines for high-net-worth clients.
Sandis Legzdins President, Lead Adviser
Licensed P&C professional leading placement, remarketing, and claims advocacy. Direct point of contact for all client accounts.
David Hawreluk, K.C. CEO, Union Financial
Legal counsel (King’s Counsel), life insurance adviser, and founder of the Union Financial group of companies. Leads the integrated lending, wealth, and risk advisory across Alberta and British Columbia.
Kristjan Kristjansson Partner, Risk Advisory
Commercial and specialty risk advisory. Manages complex multi-entity portfolios and construction programme placements.
Ready to see your full risk picture?
Schedule a 30-minute advisory review with our team. We’ll assess your current exposure, identify
gaps, and show you what changes when your insurance is managed as a strategic position.