Insurance solutions for financial institutions
Written by Marco van HensbergenThe landscape of financial institutions consists of a large number of different types of companies each with its own service pallet and operational risks. In order to make a distinction between the various risk profiles and insurance needs we have divided the financial institutions in a number of industry groups.
The industry groups that we use on FIIS.eu are:
- Banks
- Insurance companies
- Asset managers
- Private Equity companies
- Venture Capital companies
- Trust companies
- Crowdfunding companies
In the respective sections you will find insurance related solutions for the respective industry groups.
In this article we will summarise the most relevant insurance solutions for Banks.
Typical financial lines insurances for banks are:
- Directors’ and Officers’ Liability insurance (D&O)
- Professional Indemnity (PI)/Crime (Bankers Blanket Bond (BBB))
- Employers Practices Liability insurance (EPLi)
- Cyber insurance
- Kidnap & Randsom insurance (K&R)
Typical non financial lines insurances for banks are:
- Fire insurance (Property Damage/Business Interruption (Loss of profits))
- Comprehensive General Liability Insurance
- Automobile insurance
- Trade credit/Political risks insurance
Please click on the links for more information about the specific insurance types.
Insurance solutions for insurance companies
Written by Marco van HensbergenIn this article we will summarise the most relevant insurance solutions for insurance companies.
Typical financial lines insurances for banks are:
- Directors’ and Officers’ Liability insurance (D&O)
- Professional Indemnity (PI)/Crime
- Employers Practices Liability insurance (EPLi)
- Cyber insurance
- Kidnap & Randsom insurance (K&R)
Typical non financial lines insurances for insurance companies are:
- Fire insurance (Property Damage/Business Interruption (Loss of profits))
- Comprehensive General Liability Insurance
- Automobile insurance
- Trade credit/Political risks insurance
Please click on the links for more information about the specific insurance types.
Insurance solutions for Asset Managers
Written by Marco van HensbergenIn this article we will summarise the most relevant insurance solutions for Asset Managers.
Typical financial lines insurances for Asset Managers are:
- Directors' and Officers' Liability Insurance (D&O)
- Profesional Indemnity Insurance (PI)
- Crime insurance (PI insurance)
- Employers Practices Liability insurance (EPLi)
- Cyber insurance
- Kidnap & Randsom insurance (K&R)
Typical non financial lines insurances for Asset Managers are:
- Fire insurance (Property Damage/Business Interruption (Loss of profits))
- Comprehensive General Liability Insurance
- Automobile insurance
- Trade credit/Political risks insurance
Please click on the links for more information about the specific insurance types.
More...
Insurance solutions for private equity firms
Written by Marco van HensbergenIn this article we will summarise the most relevant insurance solutions for insurance companies.
Typical financial lines insurances for banks are:
- Combined D&O/PI insurance which are known under a number of names:
- Private Equity Management Liability insurance (PEML)
- Investment Structures Insurance Solutions (ISIS)
- Investment Manager Insurance (IMI)
- Crime insurance (often combined with D&O/PI insurance)
- Employers Practices Liability insurance (EPLi)
- Cyber insurance
- Kidnap & Randsom insurance (K&R)
Typical non financial lines insurances for private equity firms are:
- Fire insurance (Property Damage/Business Interruption (Loss of profits))
- Comprehensive General Liability Insurance
- Automobile insurance
- Trade credit/Political risks insurance
Please click on the links for more information about the specific insurance types.