Industry Solutions for Financial Institutions
Our service offering provides financial institutions a suite of solutions to customize and tailor to their specific needs. Coupled with our best-in-class claims and engineering support, our goal is to provide a superior core offering to clients that assists them in not just handling, but in preemptively managing risk.
Trade Credit
Political Risk
Overview
Increasing complexity resulting from consolidation and vertical integration of financial institutions, various instances of alleged malfeasance by industry participants and a steady increase in frequency and severity of claims have brought urgency and intricacy to risk management for financial institutions.
We leverage our creativity and in-depth understanding of market trends to create products that address the needs of financial institutions including management and professional liability insurance, fidelity bonds, environmental insurance, captive surety bonds and other specialty coverages.
Search below to learn more about the spectrum of standard and specialty insurance products and services we offer financial institutions.
Browse Our Financial Institutions Industry Products and Services
Aerospace
Aerospace Products Liability
Full range of aerospace products liability insurance solutions for manufacturers, distributors and maintenance, repair and overhaul (MRO) operations.
General Aviation
Cost-efficient, flexible protection and superior coverage for owners, operators and aircraft management companies of all sizes.
Alternative Risk
Alternative Solutions & Product Innovation
There may be times when a company needs to mitigate a substantial risk that is not addressed effectively in the traditional insurance or financial markets. We help clients address these challenging exposures by providing highly customized, innovative programs that apply insurance and/or capital market strategies.
Global Fronting & Captive Management Programs
There are times when companies face challenges that the traditional insurance or financial markets not may not address effectively. We help companies address non-traditional exposures by providing highly customized fronting programs that apply insurance and/or capital market strategies. In addition, we provide captive management and consulting services regarding the feasibility, formation and management of captives, and offer cell captive facilities.
Casualty
Commercial Umbrella Liability
Customized commercial umbrella solutions designed to minimize the potential for dangerous coverage gaps and inconsistencies between layers of coverage for companies of varying sizes and business sectors.
Excess Liability
Casualty coverage solutions to protect businesses against potentially catastrophic losses. With high capacity and exceptional program design flexibility, we build strong, unified towers of liability protection in an attempt to meet the sophisticated needs of major corporate clients.
Foreign Casualty
Casualty insurance and service solutions to assist U.S.-based organizations, companies or institutions mitigate the increased risk to their people, products and locations when deciding to conduct business overseas.
General Liability
General liability insurance is designed to protect businesses from the costs of accidents, injuries and property damage sustained by third parties. Companies of all sizes and industries need sound protection against these traditional exposures, as well as more complex exposures such as product liability, advertising injury and reputation damage.
Workers' Compensation
Workers' compensation coverage provides wage loss and medical benefits to workers injured in the course and scope of employment. Our workers’ compensation programs combine insurance with expert loss control, safety engineering and claims management aimed at improving loss experience and protecting employees.
Crisis Management
Kidnap, Ransom and Extortion
Comprehensive insurance coverage to protect business travelers, high net worth individuals and their families against the crisis events of kidnap-for-ransom, extortion, threat or disappearance, that can occur both in the U.S. and abroad while traveling or residing away from home.
ReputationGuard®
Innovative insurance protection and access to world class communications experts to help companies cope with reputation threats and negative publicity.
Environmental
Commercial Pollution Legal Liability
Provides property owners and operators with coverage for site liability, non-owned disposal sites, contracting operations and transportation exposures.
Environmental and General Liability Exposures (EAGLE) Program®
The Environmental and General Liability Exposures (EAGLE) Program provides a cost-effective solution to insureds across many industries with a single policy offering enhanced general liability coverage and pollution legal liability coverage, thus helping to eliminate potential coverage gaps. Higher limits can be obtained with the Commercial Excess Follow Form policy.
Management Liability
CrimeGuard Choice
Insurance protection for companies (and their employees) against the dishonest acts of an employee as well as forgery, safe burglary and computer fraud on a global basis.
Employment Edge
Employment practices liability insurance coverage that addresses the full range of exposure that companies face, including those arising from workplace bullying and employee use of the internet and social media.
Executive Edge
Cutting edge management liability protection to respond to the personal risk directors and officers of publicly-held companies now face due to the financial scandals, changes in the law and the credit crisis.
Fiduciary Liability Insurance Edge
Protection for directors, officers, employees and employers who are alleged to have breached their fiduciary duty or made mistakes in the management or administration of employee retirement and benefit plans.
Financial Institution Bonds
Four different bonds tailored to protect a broad range of financial institutions in the event of a loss of property or assets due to employee dishonesty, forgery, theft on premises, among other things.
Investment Management Insurance Edge
A package policy designed to help advisers and funds manage their management and professional liability risks all under one policy.
Kidnap, Ransom and Extortion
Comprehensive insurance coverage to protect business travelers, high net worth individuals and their families against the crisis events of kidnap-for-ransom, extortion, threat or disappearance, that can occur both in the U.S. and abroad while traveling or residing away from home.
Not-for-Profit Risk ProtectorSM
A flexible insurance package that allows non-profit organizations of any size to choose one or more of six coverages and combine them in one comprehensive program with shared or separate limits.
Passport for Directors and Officers
Passport for Directors and Officers (D&O) offers an efficient way for multinationals to secure D&O liability insurance aligned with local laws, regulations and customs worldwide.
Private Edge Plus
A flexible insurance package that allows private companies and their directors and officers to choose one or more of seven coverages and combine them in one comprehensive program with shared or separate limits.
Marine and Inland Marine
Hull and Protection and Indemnity Insurance
Tailored coverage for a wide range of small to large marine vessels from tankers to tugs.
Marine Liability
Wide range of marine liability insurance products to meet the needs of transportation companies, stevedores, wharfingers, terminal operators and port authorities, shipyards and ship repair operations, bunkermen, vessel charterers, pilots and marine contractors in nearly every jurisdiction around the globe.
Professional Liability
Bankers Professional Liability
Professional liability insurance for banking and non-bank lending institutions protects the institution and its directors, officers and employees against claims alleging negligent acts or errors or omissions in the rendering of (or failure to render) professional services to third parties.
CyberEdge®
Flexible protection against rising occurrences of sensitive data breaches, computer hacking, dumpster diving (theft of discarded records), cyber terrorism, computer virus and employee sabotage or pilferage of information and identity theft.
Insurance Company Professional Liability
Professional liability protection for insurance companies and their directors, officers and employees against claims alleging breach of an implied covenant of good faith and fair dealing and their failure to perform professional services for third parties.
Private Edge Plus
A flexible insurance package that allows private companies and their directors and officers to choose one or more of seven coverages and combine them in one comprehensive program with shared or separate limits.
ReputationGuard®
Innovative insurance protection and access to world class communications experts to help companies cope with reputation threats and negative publicity.
Property
Large Limits
Increased property capacity to help protect a broad array of commercial occupancies including healthcare, manufacturing, real estate, public authorities, retail and higher education from catastrophic losses.
Standalone Property Terrorism Coverage
Property insurance that provides broad protection against losses to physical assets arising from terrorist acts around the world.
Trade Credit and Political Risk
Global Limits Manager
A web-based accounts receivable management tool designed to establish, monitor and revise customer credit limits using live sales ledger data, supplemented where necessary with credit agency data providing a powerful insight to a company's receivables risk portfolio.
Political Risk
Protection investors, financial institutions and corporate clients need to safeguard their investments in overseas markets against unpredictable losses due to specified political risk perils.
Trade Credit Insurance
Protection for companies that sell goods or services on credit terms against the risk of non-payment due to buyer insolvency, protracted default, political risks or acts of war that prevent contract performance and failure to perform obligations under contract.
Trade Finance
Credit insurance supporting structured and supply chain finance transactions based on trade receivables.