Professional Indemnity for Financial Institutions

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Financial sector professional indemnity cover

Chubb professional indemnity protection safeguards you against liability claims from clients

In today’s litigious business environment, financial professionals need reliable insurance protection for potential claims against them. Chubb’s professional indemnity for financial institutions gives you solid cover for a range of legal liabilities, from errors and omissions in providing a service, to offering misleading professional advice.

RISK SCENARIOS

Who it’s for

Our professional indemnity insurance is perfect for executives working at:

  • Global and domestic banks and other lending institutions including challenger banks
  • Building societies
  • Asset and fund managers
  • Non-life insurance companies
  • Clearing houses - Stock brokers

What it covers

The Chubb plan protects financial professionals against these liabilities:

  • Errors or omissions in providing a service
  • Failure to perform a service on time
  • Misrepresenting a service or capability
  • Offering misleading professional advice
Why Chubb?
Why Chubb?

We understand the financial industry – and we care about your company

Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in professional indemnity means we can provide the guidance and service you need, whenever you need it, wherever you may be. 

Partnership that’s personal
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.

 

Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.

 

Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business. 

 

FAQs
FAQs

Financial institutions insurance provides coverage to asset management firms, banks and lending institutions, and insurance companies. Chubb offers financial institutions a broad range of customised, reliable protection.

Being in a highly regulated industry requires an investment in risk management and compliance. When banks and other financial institutions choose Chubb as their insurance partner, they benefit in many ways. We offer liability and first party insurance for asset managers, banks and lending institutions; there are checks and balances for employee fraud, so avoiding reputational damage, regulatory scrutiny and loss of business.

Have a question?
Have a question?

Talk to one of our experts