More than ever in the past, we are witnessing the complexity of financial institutions and the associated risks. Regardless of whether you are a bank, insurance company, stock broker, stock exchange, hedge fund, alternative fund manager, VC or private equity, you are exposed to many risks, such as:
- claims against directors and executives
- employee dishonesty
- criminal acts of third parties or internet crime
- abuse of credit cards
- customer dissatisfaction
- employee lawsuits
- lawsuits based on professional liability and we could list more.
In order to insure the above-mentioned risks, there is no universal product, but a combination of the following insurance coverages is required, which adequately address the risks of financial institutions:
- D&O Insurance
- Professional Indemnity Insurance
- Crime Insurance
- Electronic and computer crime insurance
- Cash in Safe and Cash in Transit Insurance, etc.
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