The increasing complexity of the financial institutions industry has translated into greater uncertainty and, therefore, greater risk.
Innovation in the financial services world, such as a move to more electronic banking, has necessitated the need for equally innovative risk management and insurance solutions. And with an evolving legal and regulatory environment, increased media focus and the ever-developing sophistication of investors, exposures to financial institutions continue to intensify.
American Special Risk is a leader in this sector with particular expertise in the area of electronic banking. Our Financial Institutions Practice works with clients to provide effective and innovative risk management strategies that help overcome these challenges.
We offer an array of products and services for any size firm throughout the financial services industry, including the following:
- Banks
- Credit Unions
- Investment Banks
- Investment Advisors /Asset Managers
- Mutual Funds
- Security Brokers
- Other diversified companies
In addition to Financial Institution services, we specialize in the areas of Professional Liability, Reinsurance and Alternative Risk Transfer, and Special Risk Solutions and Programs. |
 American Special Risk provides coverage to financial institutions in many categories, including:
- Automated Teller Machine /
Vault Cash
- Bankers Blanket Bond
- Business Interruption
- Cash in Transit
- Commercial General Liability
- Directors and Officers Liability
- Electronic & Computer Crime
- Employment Practices Liability
- Errors and Omissions /
Professional Liability
- Excess FDIC
- Intellectual Property
- Kidnap, Ransom and Extortion
- Property
- Terrorism
- Workers Compensation
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