From community banks to investment advisors, we understand the inner workings of financial entities. Combine that knowledge with specialty insurance expertise and the result is an exceptional approach to asset protection. We can craft a thorough package of coverage combining all aspects of liability and property and casualty insurance.
Industries We Serve
Property & Casualty
Our Coverages Include
Property
- Bucket limit of $500,000
- Electronic data processing coverage
- Extra expense
- Valuable information property
- Fine arts
- Accounts receivable
- Backup of sewers and drains
- ATM coverage available
- Tenant improvements and betterments
General Liability
- Blanket additional insured
- Broadened named insured
- Damage to premises rented to you
Additional Coverages
- Workers compensation
- Auto including repossessed auto
- Umbrella
- Worldwide protection
- Ability to secure foreign local policies with our extensive foreign correspondent network
Specialty
From the assets in the safe to the customer information in your system, our Financial Services team understands the range of risks faced by banks. Our team can craft unique packages of specialty insurance coverage for deposit-taking financial institutions with less than $3 billion in assets.
Our Products Include
Management and Professional Liability Policy
- Insuring agreements include D&O, employment practices, fiduciary liability, lender liability, bankers professional liability, and trust errors and omissions
- Ability to provide shared or separate limits, including separate Side A limit
- Option for third-party harassment or discrimination coverage under employment practices liability
- Lender liability and bankers' professional liability to include claims brought by any third party
Cyber Liability Policy
- Coverage includes: failure to protect private or confidential information; denial of access; libel, slander or defamation; infringement of copyright; and claims brought by regulators
- Option to purchase first-party expense coverages
Financial Institution Bond
- No aggregate limit
- Coverage for counterfeit checks and self-storage boxes Kidnap and ransom insuring agreement includes cyber extortion
- Coverage for wire transfers initiated by fax, voice, or email
Collateral Lines
Our team of experts understand the myriad of exposures, and types of losses that could impair collateral.
Our Products Include
Mortgageholders Coverage Program (MCP)
- Mortgageholders Interest in collateral property owned by the borrower
- Damage to property when borrower’s insurance has lapsed
- Balance of perils (perils other than those required by the mortgage)
- Government confiscation of Real Property
- Loss due to errors or omissions in filing loan security
- Foreclosed Property coverage for errors or omissions in placing insurance
- Mortgageholders Liability covers mortgage servicing errors or omissions in:
- Maintaining property (and packaged liability) insurance
- Maintaining mortgage life/disability insurance
- Purchasing title insurance
- Insuring property held in trust
- Paying real estate taxes
- Determining flood zones
- Serving as a document custodian
Foreclosed and Trust Property Package
- Property and General Liability
- Scheduled Locations
Connect with Us
We are a team of experts with vast industry knowledge who deliver deep technical expertise, accessibility, creativity and speed to our customers. Connect with us today.
© 2024Intact Insurance Group USA LLC![]()
Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.