Financial Institution Professional Indemnity

Financial Institutions Professional Indemnity offers solutions arising from charges against the Insured, and/or the Insured’s employees. It covers defense costs, damages, compensation and costs awarded in a judgment, and settlement with the Insurer's consent. Click below to learn more about its extensive coverage.

• This covers not only the directors and officers but also both full-time and part-time employees acting in the ordinary course of their employment by the Insured or while performing acts within the scope of their usual duties
• Express Lenders’ Liability
• The coverage addresses errors in the administration of a loan, lease or extension of credit
• Data Protection and Privacy Liability
• Covers damages resulting from any claim for civil liability arising from a data security breach
• Key Man loss
• Covers the costs and expenses incurred by an Insured in relation to manage the public communication and limit the disruption to the business arising from permanent disability or death of any principal, partner or director
• Defamation
• Covers the loss arising out of a claim for unintentional libel or slander committed by the Insured
• Estates and Heirs
• Extends the coverage to the Insured’s spouse &/or administrator or executor of a deceased officer’s/employee’s estate
• The Insured is entitled to a discovery period