Lawyers Risk Management Services
Financial Institutions Coverages
In today’s competitive environment, banks and other financial institutions continue to introduce new services at a rapid rate. Many of these services go beyond traditional banking operations, increasing their providers’ exposure to alleged errors and omissions.At Paragon, we work closely with financial institutions to tailor coverage precisely to their evolving needs, including:
- Bankers Professional Liability – offering coverage against negligence, errors, omissions or other civil liabilities arising from the provision of financial services
- Financial Institutions Crime Protection – offering protection against loss of cash or securities from a variety of first party exposures, such as theft or fraud, as well as loss of property by electronic means
- Investment Management Liability – offering blended liability insurance for all types of fund managers.
- Blended Pension Trustees Liability – providing liability cover for pension trustees and directors
- All Risks Excess of SIPC – providing protection to investors against the loss or destruction of their securities