SEARCH FOR: CONTACT Professionals Estates & Private Clients Commercial Clients Claims About Survey GET IN TOUCH PROFESSIONALS Financial Institutions Financial services organisations face a wide array of challenges and exposures. The financial services industry is regularly in the media spotlight as well as being under constant scrutiny from the regulator or government, so when arranging insurance cover it is essential to take advice and guidance from a specialist insurance broker. Financial Institutions is a wide ranging description of services which can include: Investment Managers Private Equity / Venture Capital Hedge Funds Fund Managers / Fund Administrators Asset Managers / Wealth Managers Banks Corporate Service Providers Such financial institutions cannot afford to think in terms of individual risks or events. In an increasingly complex and interdependent world, a holistic approach is required to reducing risk and dealing effectively with what happens when things go wrong. Professional indemnity / Civil liability insurance will generally be a mandatory insurance requirement for regulated entities, but a variety of additional hazards and perils can also affect such organisations. A conventional Financial Institutions policy will typically include:- Professional Indemnity Directors’ & Officers’ Liability Crime & Employee Fidelity In addition consideration should be given to:- Cyber Liability Employment Practices Liability insurance Pension Trustees Liability insurance Public Offering of Securities / Prospectus Liability insurance FI Insurance is a complex area where it is important to select an insurance broker with the requisite experience and expertise to provide suitable insurance protection. This is where Cox Mahon can assist. We work very closely with our clients to build the right programme according to the structure of their organisation and the risks that they wish to protect against. You May Also Be Interested In