Investment Managers

Specific insurance for investment management organisations.

What we offer

This recognises their individual needs including having distinct cover in place for both the investment managers and the funds that they are responsible for. The cover includes:

Civil liability
Directors and officers liability
Associated legal defence, settlement and investigations costs
Regulatory costs
Full limit mitigation costs cover
Damage to reputation
Extradition proceedings
Health and safety claims
Key person.

Limits up to US$25m

The Beazley Difference

Integrated risk protection package that combines several coverages in just one policy
Affirmative coverage for claims made against an insured which results in bodily injury
Deep product knowledge since we pioneered Virtual Care in 2009
Knowledgeable Underwriters, Wordings Lawyers, and Claims Managers with expertise in all key areas of coverage
Dedicated Beazley Breach Response Services, including breach response management, information security insurance solutions, and risk management services

Examples or Scenarios

A financial institution insured discovered an instance of fraudulent payments of several million GBP, by an employee, for his own benefit. Beazley’s claims team worked with the insured to investigate the fraud and confirmed the availability of coverage under the Financial Institution Crime insurance policy.

Instances of fraud are becoming increasingly frequent and complex and financial institutions require sufficient coverage and support from their insurer to prevent it where possible and to investigate and minimise the damage when incidences occur.