With a wealth of experience and expertise, our FI underwriting team recognises the distinct risks faced by financial institutions and commercial entities. IGI is a recognised lead underwriter for both primary and excess layer business.
We provide coverages to help these financial institutions protect against their operational risks.
Our appetite spans a range of risks within FI crime (Bankers Blanket Bond), FI professional indemnity, FI Directors' & Officers' liability and plastic card fraud.
In addition, we consider commercial crime coverage for non-financial organisations.
Worldwide (excl. US and Canada) Geographical spread
$10m CAPACITY
CAPACITY
Up to $10 million, which can be deployed on both a primary and/or excess of loss basis.
COVERAGES
Coverages include but not limited to:
- Financial Institutions Crime (including social engineering)
- Electronic and computer crime
- FI Professional Indemnity
- FI Directors’ and Officers’ liability
- Plastic card fraud
- Vault risk/premises
- Cash in transit
- Commercial crime/fidelity guarantee
- Money
- Pension trustee liability for financial institutions
- Safeguarding insurance
- Non-traditional tailored products
Target Industries
Corporate, commercial and retail banks
Investment banks
Central banks
Savings and loans and building societies
Asset and investment managers
Hedge and investment funds
Alternative investment funds
Private equity and venture capital
Fintech
Insurance companies
Stockbrokers
Stock exchanges
Clearing & Settlement
Central depositories
Financial regulators
Security companies
FIDO ADR and multiple listings considered
Non-banking finance providers
Corporate service providers