All companies operating in the financial sector: international banks, private banks, insurance and reinsurance companies, providers of private health insurance, private equity firms, asset managers, and investment and property management specialists.
How we support you
We work on your behalf with insurers and assist you in the definition of the coverage and its amount based on your legal and financial risk profile.
We present the risk to the insurers to obtain the best possible proposals from them.
We help you choose the insurer and negotiate the contractual terms for you.
In the event of a loss, we investigate the claim and deal with the administrative management.
Lastly, we provide you with regular information on the market situation (insurers and coverage) and developments in case law using alerts, “loss” information sheets, and in-depth studies conducted with or without the involvement of partner law firms.
On what type of risks?
- Directors’ and officers’ personal liability (D&O), including shareholders
- Corporate professional liability: covers any professional errors committed by the company in the course of its activities.
- Fraud and Global Banking: covers any fraudulent act committed with regard to insured securities or assets by employees operating alone or in collusion with third parties, or by third parties operating alone for the purposes of illicit gain (fraud, breach of trust, forgery and falsification). Our offering extends to “All Risk Valuables” covering you against any physical damage to insured items (cash, banknotes, treasury bills, cash vouchers, etc.) regardless of the cause.
- Liability of the persons responsible for managing your Pension Trust Liability or PTL
- Employment practices liability (EPL):
- Kidnap & Ransom: the Financial Lines department works with you to help you choose the consultant and insurance company best suited to your risk exposure. The choice of insurer is guided by the consultants’ understanding of your business and the geographical areas to which you may travel.
Our added value
- Specific coverage tailored to your risks: The Financial Lines department has obtained a negotiated policy wording from the main specialized insurers on the market which includes D&O and Corporate Professional Liability coverage in the same policy to meet the specific needs of asset and investment managers.
- A team of experienced consultants with an in-depth knowledge of the risks faced by financial institutions
- A responsive claims team, integrated into the Financial Lines department and working in close synergy with the consultants