Writing on behalf of Pembroke Syndicate 4000 at Lloyd's and Ironshore Europe DAC the Financial Institutions Division is a recognized lead market providing a comprehensive range of risk solutions for all types of institutions operating in a regulated financial sector, including Banking, Asset Management, Fund Management, Private Equity, Venture Capital, Insurance, and Financial Infrastructure entities (being Exchanges, Depositories, Clearing Houses or Payment providers).
With over 90 years’ collective experience, our underwriting team has a wealth of proven expertise in underwriting financial institution business. Our risk appetite extends from start-up fund management businesses or boutique advisory firms through to complex global banks.
Our sophisticated insurance products include Crime, Professional Indemnity, Directors and Officers Liability, Fiduciary Liability, Employment Practices Liability, and Public Offering of Securities Liability Insurance.
Crime for Financial Institutions (including Computer/Cyber Crime)
Indemnifies a company for direct financial loss suffered as a result of internal and or external crime.
Directors' & Officers' Liability
Employment Practices Liability
Public Offering of Securities
Protection for claims against the company (including its directors, officers and employees) and selling and controlling stockholders for liability arising from the company's offering for sale of its securities.
General Specie (Vault Risk)
Indemnifies a bank for financial loss sustained to the contents of the bank's vault or safe deposit boxes.
Our Crime risks comprise of both UK and International business for all kinds of commercial organisations and are underwritten on both a direct and reinsurance basis. Pembroke is an experienced primary market leader for this class of business.