Professional Liability

Comprehensive cover designed for financial institutions

What we offer

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.

How can we help

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.

Limits

Up to US$25m

Who we can help

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

WHERE IS THIS OFFERED?

Worldwide

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.