Just like any financial institution, investment managers are exposed to a wide range of traditional risks, such as management liability, crime and regulatory investigations. Unfortunately, there is also a growing list of emerging risks, such as K&R and cyber, which these businesses must now address. Our package policy for investment managers tackles this range of risks head on. Features include:
FULLY BLENDED POLICY
Our policy is fully blended, meaning we’ve knit together the wide range of essential insurance lines that investment managers need into a single package, including E&O, D&O, and crime. This makes the buying process more efficient, while reducing gaps and overlaps in cover.
POLICY CAN BE AIFMD COMPLIANT
For those holding funds in the EU, we can extend the policy to be compliant with the Alternative Investment Fund Managers Directive. This can help offset some of the capital required to cover potential liability risks arising from professional negligence.
ADDITIONAL D&O LIMITS AVAILABLE FOR NON-EXECUTIVE DIRECTORS
We can provide an additional D&O limit to cover non-executive directors from personal liability arising from the operations of the organisation. This can help attract talent to the company by providing peace of mind to that individual that they’ll have cover should the initial D&O limit be eroded by a claim.
CYBER EXTENSION AVAILABLE
Cyber risk is an exposure that no modern business can escape, but its impact is felt even more in industries such as finance where large quantities of sensitive data are held. Our cyber extension helps protect against the financial impact caused by privacy and cybercrime events, and gives policyholders crucial access to an experienced incident response team should crisis strike.
K&R EXTENSION AVAILABLE
Particularly for investment managers that work in emerging markets, our policy offers optional kidnap and ransom cover. This cover can be tailored for a wide range of companies or individuals, and comes with a global 24/7 incident response hotline, ensuring fast and reliable support from your pre-selected security consultant.
WORLDWIDE COVER AVAILABLE
Companies are increasingly operating on a global scale, so shouldn’t just be covered for claims in a single territory. That’s why our policies cover claims made anywhere in the world as standard.