Solutions / Financial Institutions
Financial Institutions

Banks play a multifaceted role in the economies of most countries. In day-to-day operations, banks are exposed to various types of risks and risky situations. Inadequate management of these risks, especially those related to insurance, can significantly impact the business and sustainability of the financial institution system. Some of the most prominent risks in financial institutions include cyber attacks, embezzlement, inadequate advice or other employee errors, manipulation of money, and safe theft, among others.

Our specialists take a holistic approach to clients and risks. We are not focused solely on one product or individual solution; instead, we consider the client and risks as a whole, offering top-notch and modern insurance solutions based on the client's real needs and exposure to risks.

One of the most popular insurance programs for banks is the BBB Policy. BBB insurance provides comprehensive protection to banks and financial institutions against employee fraud and negligence, theft within the insured premises, theft during transportation, counterfeiting of currency, securities, and documents. It is possible to extend coverage to include Electronic and Computer Crime (ECC), which protects against the illegal entry, alteration, or destruction of electronic data through computer programs, systems, computer viruses, voice instructions, electronic, and fax communication.

You may be interested in

BBB-CC Insurance

Banker's Blanket Bond & Electronic and Computer Policy provides comprehensive protection to banks and financial institutions against employee fraud and negligence, theft within the insured premises, theft during transportation, counterfeiting of currency, securities, and documents.

D&O

Liability insurance for members of the board of directors and managers. This policy insures compensations for damage which occurs to the insured due to erroneous action of the insured whiel the policy lasts. Compensation also includes legal fees.

E&O

Errors and omissions insurance - Errors and omissions insurance (E&O) is a liability insurance that covers property damage suffered by bank clients as a result of incorrect advice or other errors caused by employees.

Cyber Insurance

Cyber insurance is contracted with the goal for an organization to best protect itself from potential losses which can occur during cyber attacks and other digital threats.

Third Party Liability & Employers' Liability

General liability insurance for damages towards third parties (material damage and injury), with the possibility including an organzation's own employees.

All Risk PD & BI

All risk as a type of insurance has the widest area of coverage in property insurance. The insured organization or individual has a markedly easier time proving an insurance claim, as the insured must only prove how the damage is caused.

Interested? Let's talk.

Free your organization of risk. Get in touch today and learn more about how you can secure your organization’s future.