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Management & Professional Liability (D&O/E&O)

Financial Services firms have unique insurance exposures that require the proper expertise. Our dedicated Financial Services Insurance executives have decades of experience in working with some the worlds largest Financial Institutions.

A properly crafted insurance program tailored specific to your organizations needs is critical component of proper operational due diligence.

Why Us?

  • Direct Market Access with over $2Billion in gross written premium placed with the markets
  • Over 150 Hedge Funds as Clients
  • Voted 2017 and 2018 Best US & Global Provider by Hedgeweek
  • Manuscript Policies 
  • $450MM in Annualized Revenues
  • #9 Largest Privately held brokerage

 

 

Fund Management & Professional Liability

A package policy inclusive of:

  • Foreign Property
  • Foreign General Liability
  • Foreign Hired/Non-Owned Automobile Liability; and
  • Foreign Voluntary Workers’ Compensation/Employers’ Liability Coverage.

These coverages are elective and fill in the overseas gap in coverage left by an equivalent domestic policy. The policy also includes sub-limited amounts of Kidnap and Ransom Coverage & Accidental Death and Dismemberment Coverage. There is also a travel assistance component to the coverage, where you can contact the carrier and obtain information regarding security, medical assistance, and other travel related information.

Cost of Corrections/Trade Error Protection

This policy works similar to the Accidental Death and Dismemberment coverage in a Foreign Package policy (only with higher limits). Coverage is awarded to an Employee, Spouse/Domestic Partner, and any dependent children during any trip (foreign or domestic). It also provides coverage for medical evacuation and repatriation expenses. The same travel assistance components on the Foreign Package policy are included.

Kidnap & Ransom

Operating managers in any corporation face the daunting challenge of protecting valued employees and corporate assets. In most organizations, few people fully understand exposures such as kidnapping and extortion. But extortion, crime, and political instability are facts of life that corporate leaders must deal with when transacting business in an increasingly global and, unfortunately, hostile environment. K&R coverage provides reimbursement for expenses incurred in the wake of a kidnap& ransom, extortion bodily injury, detention and extortion related property damages.

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CASE STUDY

Iron Cove Partners Spearhead PEO Search for Emerging Hedge Fund Manager

We protect some of the worlds largest and most prestigious 

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If you have any risk management concerns, questions or just want to speak with one of our insurance specialists, please do not hesitate to contact us.