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    Financial institutions in Specialty lines

    Professional indemnity

    Neale Stevenson

    Neale Stevenson

    Focus Group Leader International Financial Institutions

    Professional indemnity insurance tailored to financial institutions.

    From those in banking, building societies 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 so it is reassuring to know that Beazley’s professional indemnity 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.

    Limits

    Up to US$25m

    Target market

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

    • Banks
    • Investment managers
    • Insurance and reinsurance companies
    • Building societies
    • Stockbrokers
    • Stock exchanges
    • Clearing houses
    • Regulated marketplace lenders.

    Territories

    Worldwide (excluding United States domiciled organisations).

    Professional indemnity team

    Underwriters

    Adam Brown

    Financial Institutions Underwriter

    Adam Brown

    London, UK

    +44 207 667 0566

    Darren Keane

    Financial Institutions Underwriter

    Darren Keane

    London, UK

    +44207 667 0557

    Rory McEwan

    Underwriting Assistant

    Rory McEwan

    London, UK

    +442076670602

    Adam Parr

    Financial Institutions Underwriter

    Adam Parr

    London, UK

    +44 207 667 0567

    Neale Stevenson

    Focus Group Leader International Financial Institutions

    Neale Stevenson

    London, UK

    +44207 667 0533

    Claims

    Tracy Holm

    FGL Private & International D&O

    Tracy Holm

    London, UK

    +44 207 674 7294

    Professional indemnity forms

    Fact sheets

    Financial institutions factsheet

    Wordings/policies

    Financial institutions civil liability wording
    Financial institutions crime and civil liability wording