Professional Indemnity Insurance for Financial Institutions
For over a decade at PIIB we have specialised in providing exceptional professional indemnity insurance for financial institutions. We have specialist knowledge of the professional indemnity market for financial institutions, offering a range of services that help established and new firms obtain their cover quickly and at a competitive premium.
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- Competitive premiums
- Fast service
- Cover with 'A' rated insurance companies
- Seamless change of insurer
- No pushy salespeople - just insurance experts to answer your questions
- Claims management
Generally, businesses in the financial sectors don't have high volumes of professional negligence claims but when they do occur the average payments plus costs can exceed those of other professions. Your choice of broker is an important one and our combined professional indemnity insurance packages for financial institutions can cover a broad range of investment and capital related risks, including -
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- Negligence and breach of contract
- Intellectual property infringement
- Breach of confidentiality
- Defamation
- Dishonesty of employees
Investment businesses in this sector includes Investment Banking, Property Investment, Hedge Funds, Asset Management, Corporate Finance, Debt Finance, Private Equity, Crowd Funding, Venture Capital, Investment Managers.
Because of the complexity and diversity of the financial sectors there are only a limited number of specialist underwriters who understand the risks in this area. Our access to regional and London insurance markets gives us wide reaching capabilities.