ALL OTHER FINANCIAL INSTITUTIONS
BROAD PROTECTION FOR FINANCIAL INSTITUTIONS.
As technology continues to transform the financial system, borrowers and investors have more options than ever before. Although financial institutions come in all shapes and sizes, one thing remains constant: they are all susceptible to risks associated with professional service mistakes and errors, whether perceived or actual.
Our Financial Institutions Professional Liability form offers a customizable solution for over 80 classes of businesses. Although many entities outsource almost every component of the lending process to third parties and the loan review consultant technically might not be a lender, exposure still exists. Local nonprofit agencies might offer financial advice or even provide access to capital as means of promoting economic development. Our product can be tailored to protect from professional liability claims in cases such as these. We have partnered with an A rated carrier to provide up to $5 million of coverage for applicants in the small or middle market space with coverage available as a Duty to Defend Policy with limited exclusions at very competitive rates.
Business Risk Partners is at the forefront of protecting firms in the highly litigious and always scrutinized financial services market segment.
- Video: BRP’s FI Product Offerings
- Press Release: Business Risk Partners Expands Its Financial Institution Facility