Community Banks, Mortgage Brokerage Firms, Credit Unions, Insurance Companies, Agencies, Agents, and Registered Investment Advisors are our clients. We love to serve those in the Financial Services arena.
While the typical insurance needs and coverages apply to those in the financail services industry there are many specialized coverages that are needed as well. Fidelity Bonds become Bankers Blanket Bonds when the coverage is applied to a bank.
Fiduciary Liability coverage covers personal liabiltiy and is needed by those that serve in a fiduciary capacity.
Fidelity (employee dishonesty) insurance is required by ERISA and is needed not only by the Plans Sponsoring companies but also by all those that handle the funds. Handling funds means more than those that just take physical possession of the funds. It also means that the Registered Investment Advisors (RIAs) should have the coverage too. Call us to discuss your needs. We can provide an assessment of your current coverage and compare it to what's available in the marketplace today.