Financial Lines admin August 24, 2020
Directors’ & Officers’ Liability

Α type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer.

Crime Insurance

Coverage that pays for losses resulting from criminal acts, including employee dishonesty, and third-party fraud. It covers an important gap in commercial property insurance and is essential in certain industries that face a greater risk for crime, such as retail and financial advisors.

BBB

Banker’s blanket bond refers to an insurance policy which covers financial institutions against direct financial loss from cyber fraud, forgery, extortion, alteration to or physical loss of property, and employee dishonesty.

IMI

Investment Management Insurance combines directors’ and officers’ liability insurance, professional indemnity (errors and omissions) and crime cover for investment funds and investment managers.