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Financial Institution liability exposures, unique to begin with, have been heightened recently both by regulatory scrutiny and the blending by merger of different types of financial institutions.
In addition to all of the same Management & Professional liability exposures carried by commercial corporations, Financial Institutions are exposed to allegations of misrepresentations of risks, suitability (of investor to type of investment), collusion, failure to supervise outside service providers, trading issues, claims by investment portfolio companies etc.
Investment Fund exposures are better addressed by combining Management Liability and Professional Liability coverages within one policy form, as management acts and investment decisions are difficult to distinguish, and competitive packaged Management & Professional Liability policies are also available for Community Banks.
Ancillary products such as Fiduciary Liability, Employment Practices, FI Bonds, Lenders Liability, Website/Cyber Liability etc. are also placed by NIF Pro.
We are happy to join you for meetings with your Financial
Institution clients at any stage of the process.
Download Applications:
- Private Equity Management and Professional Liability Insurance
Application
Professional Liability - Financial
- Hedge Fund Management and Professional Liability Insurance
Application
Professional Liability - Financial
- Investment Advisor and or Mutual Fund Management and Professional Liability Insurance
Application
Professional Liability - Financial
Click here for
contact information for NIF Pro.
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