Investment Banking Engagement Insurance
Investment Banking Engagement Insurance
Investment Banking Engagement E&O Insurance (IBEI) is a new approach to professional liability insurance allowing investment banks and their professionals to secure the transaction-based E&O protection necessary in today’s litigious environment.
Features and Benefits Back To Top
  • IBEI provides coverage for E&O claims arising from professional services performed in connection with a specific transaction
  • Coverage can be crafted for virtually any type of investment banking engagement, including raising equity and debt in the capital markets and providing advisory services for mergers and acquisitions (M&A) and other types of financial transactions
  • Subject to the policy terms and conditions, this transaction-based approach enables investment banks to secure fully-customized coverage that advances defense costs
  • Expanded protection available for individuals named in a covered claim, including: the policy’s retention is waived if the investment bank is financially insolvent; applicability of the fraud exclusion is limited to situations where there has been a judgment, final adjudication or alternative dispute resolution regarding the fraudulent conduct
  • Limits of up to $20 million are available
 

The AIG companies have assembled a seasoned team of claims professionals who are experienced in managing some of the highest-profile D&O, E&O, employment practices, fiduciary, crime and technology cases in the industry, for entities of all sizes and across most industries-from Fortune 500® companies to not-for-profit organizations; multinational corporations to privately-held enterprises.
 
Our centralized in-house operation, positioned adjacent to our underwriting colleagues, allows us to facilitate prompt case resolution and the best possible claim outcomes. We offer access to some of the nation's leading law firms specializing in the defense of securities, employment practices, fiduciary and technology claims. And in the toughest environment, policyholders can count on our aggressive litigation strategies to defeat even the most formidable plaintiff's attorneys.

To report a claim please contact us:
Tel: 888-602-5246
Fax: 866-227-1750
e-Mail: c-claim@aig.com
Mail: AIG Domestic Claims, Inc.
c-Claim for Financial Lines
175 Water Street, 9 Fl.
New York, NY 10038

To follow up on an existing claim:
Tel: 888-602-5246

Download a claim form for submission.

To request loss runs, contact AIG Broker Services at 877-867-3783, or e-mail toserve@aig.com

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