BANK & FINANCIAL INSTITUTIONS D&O
We work with multiple carriers providing Directors and Officers Liability coverage for Financial Institutions.
CLASSES OF BUSINESS
The types of risks we can entertain include, but are not limited to:
Broker-Dealers, Investment Advisers/Wealth Managers, Family Offices, Fund Managers, Private Equity/ Venture Capital Firms and others
LENDING, DEPOSITORY AND NON-DEPOSITORY INSTITUTIONS
Banks, Credit Unions, Development Companies, Finance Companies, Leasing Companies, Trust Companies and others
AM Best-rated and Non-AM Best-rated Companies, Pools and others
D&O Liability (part of Management Liability) provides coverage (both defense and indemnity) to the directors, officers, employees and entity itself for legal assertions of wrongful acts. The wrongful acts are often broadly defined as actual or alleged breaches of duty, negligence, errors, misstatements, misleading statements and omissions. Potential claimants include shareholders, fund investors, regulatory agencies and competitors among others.
We can also assist placement for Professional Liability, Lenders Liability, EPL, Fiduciary, Cyber Liability, Kidnap Ransom, Workplace Violence and Fidelity Bonds for Financial Institutions.
INFORMATION NEEDED FOR COVERAGE PROPOSAL
A Completed Application
Regulatory Reports (Form ADV or BD or FDIC Call Reports)