What type of business is it good for?

  • Publicly traded and privately held financial institutions
  • Banking, investment and insurance companies
  • Finance and leasing companies (REITs, BDCs)
  • Other financial institutions
people Highly experienced underwriting and claims team
/images/default-source/icons/svg/business-people.svg?sfvrsn=87e9b9ed_7 Customized coverage for financial institutions
/images/default-source/icons/svg/global.svg?sfvrsn=bfa23711_4 Worldwide coverage, where permissible by law
With an ever-shifting regulatory landscape and a customer base growing more litigious by the day, financial institutions need to maintain a constant vigilance for emerging areas of risk. Fortunately, the team behind AXIS Financial Institutions Insurance has decades of combined experience working with financial institutions to help them recognize and protect against risks, both current and on the horizon. We offer solutions which, while specific in their coverage areas, feature terms that provide protection against a wide range of contingencies and claims. In the event of a claim, our claims specialists can draw on carefully selected expert witnesses and specialized attorneys to ensure that clients receive optimal representation. Our goal is to help minimize any distraction from the claim and allow our insureds to focus on running their business, while expediting a resolution that minimizes both financial and reputational impact.

Solution

AXIS Bankers Professional Liability Specimen Insurance

Insurance

Solution

AXIS Employment Practices Liability Insurance

Insurance

Solution

AXIS Excess Follow-Form Insurance Protection for Professional Lines

Insurance

Solution

AXIS Fidelity Bonds

Insurance

Solution

AXIS Fiduciary Liability Insurance

Insurance

Solution

AXIS Insurance Company Errors & Omissions (E&O) Liability Insurance

Insurance

Solution

AXIS Insurance Professional Liability Specimen Insurance

Insurance

Solution

AXIS Investment Management Liability Insurance

Insurance

Solution

AXIS Management and Corporate Liability Insurance

Insurance

Solution

AXIS Privatus® Platinum (D&O, EPL & Fiduciary Liability & privately held institutions)

Insurance

Solution

AXIS Side-A Solution D&O Liability Insurance

Insurance

Head of Financial Institutions Timothy Braun recently joined Insider Engage to discuss navigating the Financial Institutions marketplace. Tim shared the factors that differentiate AXIS, the tightly correlated risk within an FI portfolio, the complexities COVID-19 brings to the market and more.
  • Primary and excess
  • Multi-lines approach
management-liability-insurance-solutions-1
  • Banks
  • Insurance companies
  • Management liability for managed care companies
  • Finance companies
  • Leasing companies
  • Mutual funds
  • Investment advisers
  • Hedge funds
  • Business development companies
  • Real estate investment trusts
  • Other financial institutions

Note: All capabilities (including deductibles, self-insured retentions, limits of liability and minimum premium) are for illustrative purposes only as to products offered by AXIS insurers licensed in the state and not necessarily indicative of the capabilities of any other AXIS company.

Not all insurance coverages or products are available in all states and policy terms may vary based upon individual state requirements. Issuance of coverage is subject to underwriting and coverage depends upon the actual facts of each case and the terms, conditions and exclusions of each individual policy. anyone interested in an insurance policy should request a copy of the policy itself for a description of the scope and limitations of coverage The information on this Website is provided for informational purposes only and is not an offer to sell, or a solicitation to buy, any particular insurance product. No insurance product is offered or will be sold in any state in which such offer or solicitation would be unlawful under the laws of such state. Certain products may be offered by AXIS companies not licensed in your state and therefore may only available through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are not protected by such finds, and surplus lines insurers are not always subject to the same insurance regulatory standards applicable to licensed insurance companies.

Documents

Management Liability Insurance for Financial Institutions Appetite Guide

 

For insureds: Attorney panel finder tool

AXIS has carefully selected law firms with expertise in both employment and commercial/directors and officers litigation. AXIS insureds can access significantly discounted rates when working with these specialists.

Attorney Panel Finder

 

 

Our approved service providers

Clients with AXIS Breach Response Insurance can receive payment for expenses related to data breaches. Please see our list of vendors who AXIS has pre-approved to provide breach-related services to our clients.

See approved service providers

 

Claims

We go further with claims resolution that puts your client first. Utilizing our highly skilled claims specialists to deliver effective resolution that meets your client’s needs. Focusing on:

  • Quick decision making
  • Championing your needs
  • An honest approach
Learn more about claims