Financial Institutions
  1. Business
  2. Corporate
  3. Financial Institutions

Comprehensive protection for your financial institution

We understand the complexities of financial institutions, and the ever-increasing regulatory environment they face. Exposures from employee dishonesty, dissatisfied customers, and negligence in professional services can be insured under our sophisticated Financial Institutions insurance policies.

Depending on the type of financial institution – corporate or retail banking groups, asset managers, private equity firms, stockbrokers, insurance companies – we can provide four primary insurance covers.

Directors & Officers Liability

Investigations and pre-claim expenses, insured person additional protection, additional limit for non-executive directors, lifetime extended reporting period for retired and resigned directors, emergency defense costs, civil fines and penalties, company crisis and kidnap response, investment funds and portfolio companies, extended reporting period 72 months.

Professional Liability

Civil liability, vicarious liability, emergency defense costs, costs of correction, mitigations costs, civil fines, penalties and punitive damages, first settlement offer, broad employee and insured definitions, new entities and 90 days provisional cover, extended reporting period 36 months run-off subsidiaries.

Fraud Insurance

Internal fraud, enhanced external fraud, mortgage fraud, mitigation costs, broad extortion, legal fees and audit expenses, new entities and 90 days provisional cover, unlimited retro-cover, extended reporting period 36 months run- off subsidiaries.

Liability for Private Equity and Investment Managers

Management liability, fund run-off liability, outside directorship and run-off liability, entry liability for securities claims, professional civil and vicarious liability, employment practices liability entity and insured person, internal & external fraud extension, investigations and pre-claim expenses, emergency costs and mitigation costs, extended reporting period 36 months plus lifetime retired D&Os.

We offer capacity up to USD 50 million. The maximum capacity is deployed on a very selective basis and depends on the quality of the actual risk.

Why Zurich

A dedicated Financial Lines Claims Team in each region.

Our Financial Lines claims teams have Financial Institutions specialists, which ensures the appropriate experts are allocated to the case. The team is supported by a panel network of both lawyers and adjusters. We have the resources to deal with all types of claim – from smaller disputes where cost-efficiency is the priority, to large-scale, global, multimillion-dollar disputes involving a range of complex issues.

  • We are proactive in seeking to achieve the best possible result for our customers, whether through the negotiated settlement of a claim or by managing complex litigation all the way through to trial.

We will consider banks, private equity firms, asset managers, insurance companies and fund administrators.

Contact us

For more information on our Financial Institution insurance, please contact your broker or contact a Zurich representative on