Financial Institutions

THIS IS A PRODUCT WE WHOLESALE THROUGH MARKETS IN LONDON
(IE. IT’S NOT OUR BINDER AND WE ARE NOT ACTING FOR THE INSURER)


 The Edge

 Claims

 Contact Us

 Downloads

The ability to settle valid claims quickly and fairly in a human way is central to our markets business philosophy, and their claims handlers are empowered to exercise their professional judgement to deliver an exceptional customer service. 

 

Please contact us in the first instance on any PI claims matter.

 

Click here for our contact details

 

 

*   100% LLOYD’S SECURITY

 

*   FULLY BLENDED POLICY

They’ve knit together the wide range of essential insurance lines that financial institutions need into a single package, including E&O, D&O, and crime. This reduces gaps and overlaps in cover, and makes the buying process more efficient.

 

*   DEFINITION OF PROFESSIONAL SERVICES CAN BE 

      TAILORED TO FIT YOUR CLIENT

No longer just a bank, insurance company, asset manager, or financial institutions are expanding and converging these traditional services. This product can tailor the definition of professional services and address the needs of these miscellaneous financial institutions.

 

 *   ADDITIONAL D&O LIMITS AVAILABLE FOR

       NON-EXECUTIVE DIRECTORS

They can provide an additional D&O limit to cover non-executive directors from personal liability arising from the operations of the organisation. This can help attract talent to the company by providing peace of mind to that individual that they’ll have cover should the initial D&O limit be eroded by a claim..

 

*   CYBER EXTENSION AVAILABLE

Cyber risk is an exposure that no modern business can escape, but its impact is felt even more in industries such as finance where large quantities of sensitive data are held. Their cyber extension helps protect against the financial impact caused by privacy and cyber events, and gives policyholders crucial access to an experienced incident response team should crisis strike

 

*   K&R EXTENSION AVAILABLE

Particularly for investment managers or financial institutions that operate in emerging markets, our policy offers optional kidnap and ransom cover. This cover can be tailored for a wide range of companies or individuals, and comes with a global 24/7 incident response hotline, ensuring fast and reliable support from your pre-selected security consultant.

 

*   WORLDWIDE COVER AVAILABLE

Companies are increasingly operating on a global scale, so shouldn’t just be covered for claims in a single territory. That’s why their policies cover claims made anywhere in the world as standard.

 

Click here to access downloads

 Target Risks

 

      INVESTMENT MANAGERS

Hedge funds

 

Long-only equity funds including

mutual fund managers

 

Private equity and venture capital fund

managers  

 

Registered investment advisors

 

Real estate funds

 

100% crypto investment strategies

 

100% fund trust administration

 

Financial planners

 

FX traders

 

The financial services industry faces constant change as new technologies revolutionize how companies do business, new currencies emerge, and regulations evolve in response.

 

Supported by a specialist team with nearly two-decades’ experience, CFC’s financial institution insurance products offer a modern solution to the new risks facing financial organizations of all sizes.

 

  They Love                                    They Can’t Do

 

FINANCIAL INSTITUTIONS

 

  They Love                                    They Can’t Do

Non-bank lenders

 

Introductory services

 

M&A advisors

 

Broker services

 

Mortgage related services

 

Pay day lenders