In a difficult economic environment, businesses in all sectors face challenges. Many financial institutions face additional pressures generated by increased regulation, robust capital and lending criteria, and a global drive to improve disclosure, increased transparency and enhance shareholder protection.
At AIG the specialist liability needs of financial institutions and financial service providers are addressed by our dedicated team.
Their brief is to stay abreast or ahead of developing regulation reform so that our products can be constantly revised to provide appropriate insurance cover for emerging areas of risk.
For all financial institutions, including banks, hedge funds, venture capital firms, fund managers, building societies, insurance and investment management companies.
Professional services insurance on a civil liability basis for the financial institution, all its employees and others for whom it is vicariously liable.
All financial institutions including Banks, Building Societies, Insurance Companies, Hedge Funds, Fund Managers, Investment Managers, Stockbrokers, Venture Capital firms and Finance Companies.
Extensions available
All financial institutions, including banks, hedge funds, venture capital firms, fund managers, building societies, insurance and investment management companies.
Our CorporateGuard D&O cover for Financial Institutions recognises the increasing risks faced by companies of all sizes and their officers. It provides formerly bespoke cover automatically, with added value services and fewer restrictions. Clients have the comfort of knowing that one of the most experienced claims teams in the industry is working on their behalf if a claim is made.
Financial institutions of all sizes including banks, hedge funds, insurance companies, building societies, fund managers, investment managers, stockbrokers, venture capital firms and finance companies.
See our Risk Appetite
Specific, purpose-built worldwide employment practices cover for the entity, individuals, and outside entity directors.
Mid to large-sized companies.
See our Risk Appetite
Protection for the trustees, the employees, the employer company and the fund itself against claims brought against them for actual or alleged wrongful acts which have placed the plan’s assets at risk.
All financial institutions including Banks, Building Societies, Insurance Companies, Hedge Funds, Fund Managers, Investment Managers, Stockbrokers, Venture Capital firms and Finance Companies.
See our Risk Appetite
Financial protection against civil liability for investment advisory services, directors and officers liability insurance in respect of both the investment fund and investment manager; as well as crime cover against the dishonesty of employees and third parties.
Investment management companies, investment funds, hedge funds and investment Trusts. includes automatic cover for approved persons, outside entity directors, domestic partners, administrators, and executors.
Covers companies against securities claims arising from offerings of a company's securities. The policy can cover equity or debt issues, both initial and secondary. Cover is for the company and its directors, officers, employees and selling shareholders.
Financial institutions involved in capital raising via issue of a prospectus.
See our Risk Appetite
Private Equity and, Venture Capital Managers, and related investment funds and partnerships with domestic and international exposures.
Covers directors of a hedge fund against claims for breaches of duty in that capacity.
Hedge Fund One is a stand-alone directors and officers liability policy specifically for hedge funds which indemnifies individuals where the fund cannot and reimburses the fund for indemnities it does pay. Retiring insureds will receive six years’ run-off cover. Additional insurances cover corporate governance and disclosure breaches; costs for regulatory and compliance investigations; key man insurance and public relations expenses.
Hedge funds and their directors.
AIG’s Investment Managers’ Multiline Insurance package allows investment managers to tailor cover to their specific business needs.
UK-domiciled asset managers and funds with assets under management (AUM) up to £5bn. (edited from current)
Capacity