Products & Services

Financial Institutions

The Banks and Financial Institutions team underwrites a diverse book of business providing Bankers Blanket Bond, Computer Crime, Professional Indemnity and Directors & Officers liability for a wide range of financial institutions including banks, stockbrokers and fund managers.

The book has a wide geographical spread written on an insurance and facultative reinsurance basis and includes both primary and excess of loss business. We have an established client base and value long-term relationships.

The account benefits from an experienced team of underwriters who are acknowledged market leaders on small to medium sized commercial banks (assets up to $25bn) otherwise regarded as middle market institutions.

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Key Features

  • 2010 Projected Gross Premium Written £26.2m
  • Maximum line £15m
  • Substantial capacity available
  • Established market leader
  • Worldwide portfolio of insurance and reinsurance written on both a primary and excess basis
  • Portfolio is mainly exposed to UK/European business with the Far East considered a growth area
  • Extensive financial institutions and commercial risks portfolio, principal products including BBB, PI, D&O and commercial crime
  • Well established and highly experienced underwriting team
  • Extensive travel programme with regular client visits