Navigating a changing and complex environment.
The world of Financial Institutions is more complex than ever. Understanding this segment’s risks has become more challenging due to an evolving regulatory environment, changing technologies that include crowdfunding and crypto currencies, and the rise of alternative lenders. Litigation is now commonplace given the growing complexity of transactions and the higher expectations clients and investors have of their service providers.
Business Risk Partners has developed tailored products for various niches within the Financial Institutions universe and offers a package policy for Community Banks to address regulatory exposures for Directors and Officers, particularly for challenged banks. We have a similar package policy, D&O, E&O, EPLI, Fiduciary, and Bond and Cyber for Broker Dealers or Registered Investment Advisors. As well, our miscellaneous professional liability insurance for a broad range of lenders, advisors and financial entities offers a customizable solution for more than 80 classes of business.
Agents can customize to client needs, securing all offerings or selecting only the required coverages. As always, Business Risk Partners has assembled a team of underwriters with the expertise to help navigate this changing environment. Send us your submission today.
- Video: BRP’s FI Product Offerings
- Press Release: Business Risk Partners Expands Its Financial Institution Facility