Financial Institutions
Offered by Innovation Growth Partners Specialty, LLC (IGP Specialty)
D&O Cyber Liability Financial Institutions Mortgage Bankers E&O Mortgage Broker E&O Bankers Cyber Liability BankersDescription
Bank on Our Experience in Insuring Financial Institutions
Financial institutions face a wide range of varied risks. This includes growing cyber exposures from data loss and theft, phishing, and cloud services; E&O claims involving wrongful foreclosures, unfair loan terms, and discrimination; D&O risks stemming from shareholder actions and derivative claims, regulatory non-compliance and violations; inaccurate or inadequate disclosure of financials; and more. J.B. Lloyd & Associates has the business lines to address these and other exposures.
Since 1992, J.B. Lloyd & Associates has offered a comprehensive portfolio of insurance products and risk management services for the financial institutions industry. Our seasoned staff is comprised of highly proficient and focused financial institution professionals, including underwriters and marketing representatives ready to assist you in handling the insurance and risk management needs inherent in this industry sector.
What We Offer
J.B. Lloyd & Associates partners exclusively with independent agents and brokers, providing you with key benefits that enable you to expand your footprint in the financial institution sector:
- Unique programs tailored to financial institutions
- Technical expertise and comprehensive knowledge of the industry
- Unmatched industry attention and personalized consultation on every submission
- Extensive market access to both standard and surplus lines carriers including Lloyd’s, with the competitive edge of having cultivated strong and direct relationships with senior level carrier partners over many years
- Comprehensive insurance reviews for financial institutions
- Serving as your eyes and ears on the marketplace, including keeping current with banking and financial-service industry issues to help identify unknown and uninsured exposures and for new carrier coverage enhancements
- Unique capabilities to assist your agency in procuring critical, difficult-to-place insurance
- Risk management services for financial institutions
Coverage Lines
Programs
- Lender-placed hazard and flood
- REO insurance (foreclosures)
- Tracking
- Mortgage E&O/impairment
- Lenders Single Interest (LSI)/Vendors Single Interest (VSI)
- Residential Real Estate Investors
Brokerage Services
- Financial institution D&O
- Financial institution bonds
- Cyber/privacy liability (all classes)
- Employment practices liability (all classes)
- Management liability (all classes)
- Excess liability
- Side A DIC and outside directorship liability
- Fiduciary liability (all classes)
- Commercial crime
- Kidnap and ransom
- Miscellaneous E&O/D&O (all classes)
Target Classes of Business
- Commercial banks
- Savings banks
- Mortgage bankers and brokers
Offered By
Innovation Growth Partners Specialty, LLC (IGP Specialty)
28 listings in 50 states + DC
View CompanyAvailability 49 states
Covered
Not Covered
