Executives are protected against wrongful acts, errors and omissions, negligence and breach of duty. The plan includes cover for damages, judgements and legal costs.
We cover exposures to employee dishonesty, theft on premises or in transit, counterfeit negotiable instruments, forged cheques and credit cards, computer fraud and legal costs.
Professional indemnity for financial institutions gives you solid cover for a range of legal liabilities, from errors and omissions in providing a service, to offering misleading professional advice.
Trustees and sponsoring employers receive cover for breaches of trust, duty and statutory provision, maladministration and negligence, wrongful omissions and misstatements.
Financial institutions receive customisable cover for business interruption due to network security failure, cyber scams and hacks, data loss and blackmail, and data restoration.
We cover you for damages, judgements, settlements, defence claimant’s costs, legal representation, and back salary costs if your company is ordered to reinstate an employee.
Who we insure:
We provide coverage for:
Financial institutions insurance provides coverage for asset management firms, banks and lending institutions, and insurance companies. Chubb offers financial institutions a broad range of customised, reliable protection.
Being in a highly regulated industry requires an investment in risk management and compliance. When banks and other financial institutions choose Chubb as their insurance partner, they benefit in many ways. We offer liability and first party insurance for asset managers, banks and lending institutions; there are checks and balances for employee fraud, so avoiding reputational damage, regulatory scrutiny and loss of business.