FINANCIAL LINES – INVESTMENT MANAGEMENT INSURANCE
Asset managers operate within a highly regulated environment which is constantly evolving, presenting new risks. With the critical responsibility of managing funds, they are exposed to huge financial liabilities.
Our Investment Management insurance offers protection for directors and officers liability, civil liability and financial crime. Cover can also be extended to provide legal liability cover for private equity and venture capital firm executives on portfolio companies.
In an industry focused on managing substantial funds and consumer trust, FINPRO provide solutions to mitigate potential risks faced by asset managers.
We provide indemnity limits up to a maximum of GDP 10m / USD 15m / EUR 15m.
Who we cover
- Family offices
- Investment funds / Investment management companies / Hedge funds
- Investment advisors / Investment fund managers / Hedge fund managers
- Real estate investment management / REITs
- Private equity
- Venture capital firms
What we cover
- Breach of duty
- Breach of investment mandate / trade errors
- Civil fines and penalties
- Defence costs
- Errors and omissions
- Fraud or dishonesty
- Misrepresentation and misstatements
- Negligent investment decisions
- Negligent management / board decisions
- Regulatory investigations
Additional coverage includes:
- Automatic new fund cover inclusion
- Extradition defence costs
- Investigation costs for shareholder derivative demands
- Claims arising from fund management
- Limit liability preservation for alternative investment funds
- Tax liability cover for insured based on personal liability following a company insolvency
What sets us apart
- Our team have the experience, knowledge and technical expertise to gain a deep understanding of your business and the associated risks
- We act with integrity, communicating in an open and honest way to find the best solution to suit your needs
- We promise a prompt and efficient service and are supported by a market-leading in-house claims team
- One of the leading managing agents at Lloyd’s, we benefit from their unique capital structure (the ‘chain of security’) which provides excellent financial strength
