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Financial Services Insurance

Financial Service providers work in a challenging landscape – client expectations are high, hours are long and the ever changing nature of laws and regulations create delicate landscape to operate in. On top of all this you are responsible for handling and safeguarding sensitive client information. It is important for your firm to adopt a risk management strategy that both reduces the likelihood of a loss while protecting you and your business in the event one does occur. We offer financial services insurance solutions to fit many professions, such as:

  • Accountants & CPAs
  • Financial Planners & Advisors
  • Bookkeepers
  • Tax Preparers
  • Money Managers

Key Coverages for Financial Service Professionals

Business Owner
Business Owner's Policy

A Business Owner’s Policy (BOP) combines common business coverages (General Liability and Property Insurance) into one convenient policy. It’s a great fit for many financial service providers and provides the flexibility to add additional coverages based on your business’s needs.

Contract being signed
General Liability

Often referred to as business liability, general liability protects businesses from general claims that arise out of normal day to day operations. Coverage is considered 3rd party, meaning it protects against injuries and property damage to others.

Lawyer at their desk
Professional Liability (Errors & Omissions)

Often referred to as Errors and Omissions (E&O) Insurance, professional liability helps cover you and your business if you make a mistake in the services provided to a customer.  Even if you did not make a mistake but your customer believes you did and sues you, this coverage will help pay for your defense.

Hacker at their desk
Cyber Liability

Technology brings incredible capabilities to our fingertips. Unfortunately, it also brings additional risk. Financial environments handle sensitive client data every day and are subject to regulation on how that data is handled, stored and communicated. Even a simple oversight can result in costly mitigation requirements. Cyber coverage has become increasingly popular to mitigate the impact of data breaches, downed computers and networks and the losses that result.

Office furniture
Business Property

Business Property also referred to as Commercial Property Insurance and Business Personal Property Insurance, as the name implies, covers the physical location, equipment and contents your business owns.

Business Auto
Business Auto

Also referred to as commercial auto, business auto can be very straightforward (insuring vehicles your company owns) but also confusing (i.e. using personal vehicles for business). While many of the coverages are similar to that on a personal auto policy, the limits and conditions can be very different and may vary based on the use of the vehicle.

Workers Compensation
Workers' Compensation

Workers Comp provides benefits to your employees if they get injured on the job or become ill from their job. If you have employees, Workers Comp is required by law in just about every state, though the details may vary.

Umbrella in a storm
Commercial Umbrella

Umbrella policies are essentially insurance above and beyond other liability policies that you may have. Without this type of coverage you would have to pay out of pocket for losses that exceed your other policies limits.