Financial Institutions
Starr’s Financial Institutions team is a market leader in the financial institution space. The Financial Institutions team works hard to understand each client’s specific risk profile and offers a wide range of custom tailored products to meet each client’s individual needs. Starr can offer coverage for Financial Institutions on a primary and/or excess basis.
Target Industries
- Banks
- Insurance Companies
- Non-Bank Lenders
- Investment Advisors
- Mutual Fund Sponsors
- Hedge Funds
- Private Equity / Venture Capital Firms
- Investment Banks
- Securities Broker / Dealers
- Real Estate Investment Trusts
- Insurance Agents / Brokers
Coverages Available
- Directors & Officers Liability
- Side ‘A’ Difference in Conditions (DIC)
- Employment Practices Liability
- Fiduciary Liability
- Crime & Fidelity
- Errors & Omissions
Limits
- Up to $15,000,000
Highlights
- Customizable blended policies for most classes
- Broad regulatory coverage for both entity and individual insureds
- Broad Professional Services Definitions
- Options for Full Severability and Non-Rescindable available
Risk Management Services
- Jackson Lewis P.C.: Employment Practices Liability risk management program for insureds through a relationship with Jackson Lewis P.C. to help mitigate and reduce employment claims.
- KnowBe4: Crime & Fidelity risk management program for insureds through a relationship with KnowBe4 to help mitigate and reduce losses resulting from fraudulent impersonation (social engineering) schemes.
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