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Financial Institutions


The issues facing financial institutions vary according to the type of practice. While professional liability is the major issue for financial institutions and service firms in today’s regulatory and litigation environment, a bank or mortgage lender can face liability over lending and foreclosure issues. A financial advisor can face claims that investments were unsuitable for the clients. Venture capital and private equity firms have their own special needs. In addition, privacy, cyber liability and identity theft affect financial institutions to a greater degree than other companies.

At the same time, we know that the majority of claims against financial institutions come from routine operations. A customer slips and falls on the floor. An employee injures someone in an auto accident.  We understand the need for this type of protection as well.

Who We Serve

AHT has a special team dedicated to mid-market financial institutions with assets under $5 billion. We know how to explain the nuances of your business to underwriters to create a cost-effective, customized policy.

  • Alternative lenders
  • Broker/dealers
  • Community banks
  • Financial consultants
  • Hedge funds
  • Insurance companies
  • Insurance agents/brokers
  • Investment advisors
  • Mortgage banker
  • Mutual fund sub-advisors
  • Online financial institutions
  • Private equity firms
  • Real estate title and escrow companies
  • Securities broker dealers
  • Venture capital firms

Products

  • Cyber liability
  • Directors and officers liability
  • Employment practices liability
  • Environmental liability programs for mergers and acquisitions
  • Errors and omissions liability
  • Excess FDIC
  • Excess SIPC
  • Fidelity bonds and coverage
  • Identity theft and privacy issues
  • Loss mitigation programs for mergers and acquisitions
  • Mail insurance
  • Mortgage impairment insurance
  • Outside directorship liability
  • Representations and warranties for mergers and acquisitions
  • Surety bonds
  • Tax opinion liability for mergers and acquisitions

For more information, please contact the AHT financial institutions team.