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.