FortiFI - Financial Institutions & Cyber
Line Size
$3mTerritories
Target Customers
- Private small to mid market financial institutions
- Non bank commercial lenders (including litigation financing)
- Non bank consumer lenders (sub prime, near prime, prime)
- Corporate Advisory – M&A and Capital Raising
- Registered Investment Advisors (including Robo Advisors)
- Financial Technology firms
- Non traditional brokerage firms
- Debt collectors
- Crowd funding platforms
- Economic and Government economic advisors
Cover
- Management Liability cover with extensions for Reputational, Informal Investigation, and Extradition and Liberty Costs
- Professional Liability cover including Technology Products Failure and Lenders Liability with securitization cover. Extensions for Loss Mitigation, Rectification, and Informal Investigation Costs
- Cyber cover for Data Breaches, Security Failures, Cyber Extortion and Incident Response Costs (BOXX Hackbusters). Extensions for Business Interruption
- Crime with cover for ERISA, Client Property and Social Engineering
- Employment Liability with an extension for Third Party Discrimination
- Fiduciary with an extension for Voluntary Settlement Programs
Financial Institutions
Line Size
$10mTerritories
Target Customers
- Banks (Commercial, retail, mortgage)
- Investment Managers
- Hedge Funds
- Wealth Management
- Stockbrokers
- Corporate Advisory
- Insurance Companies
- Plus a broad range of Miscellaneous Financial Institutions
Cover
- Directors and Officers: Cover provides defence costs and indemnity in the event of litigation or investigations against individual D&O's and/or the entity
- Financial Institutions' Professional Indemnity: Protects financial institutions and their employees against claims from third parties arising from performance of or failure to perform professional services
- Bankers Blanket Bond insurance and Financial Institutions Crime: Provides first party cover for financial institutions against acts committed by employees and non-employees that cause financial loss
Meet your team
Tristram Prior
Lead Underwriter, Professional Lines
+44 (0) 203 824 5182
+44 (0) 7825 123 850
Tony Kriesel
Head of Professional Lines and Specialty Claims
+44 (0) 7800 915 108