EWI Risk Services

Financial Institutions & Financial Service Companies

The primary form of insurance sought by the professional services industry

The rising complexity of the financial institutions industry will increasingly translate into greater uncertainty and, consequently, greater risk. The nature of investment products and services, as well as the ever-developing sophistication of investment products being offered to a broader global investor class, will continue to intensify business exposures - as will the evolving legal and regulatory environment, an increased media focus on allegations of business misconduct, investigations, and settlements.

EWI Risk Management focuses on providing cost-effective risk strategies that can help with all aspects of asset management, allocation and protection, which are provided in varying degrees by the following entities:

  • Venture Capital / Private Equity
  • Investment Advisers
  • Mortgage Banking / Brokerage
  • Trust Companies
  • Finance Companies
  • Investment Banks
 
  • Mutual Funds
  • Commercial Banks
  • Community Banks (S&L's)
  • Investment Banks
  • Insurance Companies

As you might imagine, crafting insurance programs for these institutions can be a daunting task. Most financial institutions provide numerous services to their customers and require a multi-line or blended coverage approach to appropriately manage their risk. Coverage requirements normally include the following depending upon the services provided by the Financial Institution in question:

  • Directors & Officers Liability
  • Financial Institution Blanket Bonds
  • Electronic / Computer Crime
  • Bankers Professional Liability, Including Lenders Liability
 
  • Employment Practices Liability
  • Fiduciary Liability
  • Errors & Omissions Liability (Investment Advisers, Mutual Fund Advisers, Fund Managers, Investment Bankers and Insurance Companies)