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There are good reasons to consider Financial Institutions insurance from AIG

A sector with unique challenges

In a difficult economic environment, businesses in all sectors face challenges.  Many financial institutions face additional pressures generated by increased regulation, robust capital and lending criteria, and a global drive to improve disclosure, increased transparency and enhance shareholder protection.

AIG takes a specialist approach

This is why the specialist liability needs of financial institutions and financial service providers are addressed by our dedicated team. Their brief is to stay abreast or ahead of developing regulation reform so that our products can be constantly revised to provide appropriate insurance cover for emerging areas of risk.

All financial institutions, including banks, hedge funds, venture capital firms, fund managers, building societies, insurance and investment management companies.

Professional Liability

Professional indemnity insurance for the financial institution, all its employees and others for whom it is vicariously liable.

Comprehensive Crime

Fraud, dishonesty, theft, forgery and third party computer and funds transfer fraud.

Directors and Officers Liability

Protection for claims brought against directors, officers and senior employees for actual or alleged breach of duty, neglect, misstatements, errors or omissions. Entity cover for securities claims is also available.

Investment Management Insurance

Financial protection against professional liability for investment advisory services, directors and officers liability in respect of both the investment fund and investment manager; as well as crime cover against the dishonesty of employees and third parties.

Private Equity and Venture Capital

Protection for the trustees, the employees, the employer company and the fund itself against claims brought against them for actual or alleged wrongful acts which have placed the plan’s assets at risk.

This material is for the purposes of information only. Full coverage details will be available in the policy documentation.

 

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For additional information please contact us.