Bermuda Financial Institutions

Our Bermuda Financial Institutions team provides a range of products for banks, insurance companies, asset managers, and financial services companies.

Report or discuss a claim

Our Bermuda Financial Institutions team provides a range of specialized excess management liability, professional liability and crime products for banks, insurance companies, asset managers, and financial services companies. Our dedicated underwriting team understands all aspects of this unique and complex sector.

Coverage features

Target clients

We specialize in large publicly traded and private financial institutions domiciled in the US and internationally.

Products

Risks can be written on a direct insurance or reinsurance basis. Our products include:

  • Directors & Officers Liability
  • Side-A Directors and Officers Liability
  • Lead Side-A Difference in Conditions cover
  • Errors & Omissions (except insurance agents/ brokers)
  • Employment Practices Liability
  • Fiduciary Liability
  • Crime

Capacity

  • US $25m (or currency equivalent)

Minimum attachment

  • US $25m (or currency equivalent)

Policy forms

  • Excess follow form
  • Lead Side-A Difference in Conditions policy

Coverage features

  • Coverage provided for TRIEA perils
  • Punitive damages coverage irrespective of underlying insurability
  • Exhaustion of Underlying – payment of loss by the underlying insurer or the insured
Experts

Meet our Financial Institutions experts, delivering tailored underwriting solutions for complex risks.

Our Bermuda products

Our experienced Bermuda-based insurance professionals serve insureds ranging from mid-sized companies to the largest multinational corporations.