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    Professional liability insurance tailored to financial institutions.

    From those in banking and insurance companies, to stockbrokers, clearing houses and regulated marketplace lenders, a range of individuals are active in the financial sector. When things go wrong the impact on those found, or suspected of being, liable can be catastrophic. It is reassuring to know that Beazley's professional liability insurance is tailored to their needs, including:

    • Regulatory costs
    • Full limit mitigation costs cover
    • Automatic coverage for newly acquired subsidiaries with no size threshold
    • Broad form cover with limited restrictions
    • Automatic reinstatement of limit.


    Up to US$25m

    Target market

    A broad range of financial institutions can benefit from Beazley’s specialized professional liability cover, including:

    • Banks
    • Real Estate Investment Trust REITs
    • Asset managers
    • Trust administrators
    • Insurance and reinsurance companies

    Challenging classes

    • Regulated marketplace lenders
    • Payment processors

    Non-target classes

    • Financial advisors
    • MGA & brokerages
    • Fund administrators
    • Cryptocurrency, cannabis, psychedelics, SPACs


    Worldwide coverage

    Professional liability team


    Defne Tuncer

    Underwriter - Financial Lines, International

    Defne Tuncer

    Toronto, Canada

    +1 416 777-6847

    Professional liability forms


    Financial institutions brochure
    Financial institutions professional liability brochure

    Wordings / policies

    Financial institutions comprehensive crime and professional liability wording
    Financial institutions professional liability wording
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