Marco van Hensbergen
Insurance solutions for banks.
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.
Helping Financial Institutions understand the available insurance solutions.
FI Insurance Solutions (www.FIIS.eu) is created in order to provide people working in the financial services industry with a place where they have access to the most relevant information with respect to available insurance solutions for their companies.
FIIS is purely a personal project and is by no means related to my employer Marsh (Broking Specialist in the Dutch Finpro team).
Due to my back ground as a Financial Lines insurance broker the focus on the items on this website will be on these type of insurance coverages (D&O, Professional Indemnity, Crime, EPLi).
Please feel free to share any comments or constructive feedback through the available comment system. If there are any specific topics you would like to be addressed please let me know through the contact forms.
Happy reading!!
Marco van Hensbergen
FIIS quick reference to D&O insurance
We have created a quick reference guide to D&O insurance which will enable you to take a quick peek at the most relevant items in D&O insurance.
You can either view the quick reference online or download it for your convenience.
Insurance solutions for financial institutions
The 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.