Financial Services Insurance


Financial companies have special liability exposures that may not be covered by existing general liability insurance policies. The proliferation of federal and state laws governing employment practices combined with evolving case law makes employee claims more common and costly.

Financial Services Industries Served:

  • Mutual Funds

  • Private Equity Firms

  • Private Fund Managers

  • Regional Banks

  • Registered Investment Advisers


  • Sub Prime Lenders

  • Title Companies

  • Trust Companies

  • Venture Capital

  • Broker/Dealers

  • Community Banks

  • Credit Card Issuers

  • Family Office

  • Insurance Company

  • Investment Advisers

  • Investment Banking

  • Leveraged Buyout Firms

  • Money Center Banks

  • Mortgage Brokers & Bankers

Available Coverages for Financial Services:

  • Errors and Omissions Liability

  • Directors and Officers Liability

  • Employment Practices Liability

  • Fiduciary Liability

  • Outside Directorship Liability

  • One integrated policy, helping to minimize the gaps in coverage that can exist among separate policies.

  • A definition of claim that speaks to the most significant professional liability exposures of an investment

  • Coverage for defense costs, judgments, and settlements for covered claims.

  • Claim includes formal regulatory investigations into a firm’s activities.

  • Worldwide coverage.

  • A policy that is noncancelable by carrier, except for nonpayment of premium.

  • No coinsurance requirement.

  • No regulatory exclusion.

Additional Policy Features:

  • As long as a claim has an active, covered allegation, the duty to defend and pay 100% of defense costs for all allegations.

  • The policy responds to filed lawsuits, as well as to written demands, formal regulatory investigations, and criminal or administrative proceedings.

  • One simplified application for all coverages.

Claim Advantages:

  • Claims are handled by field claim professionals with expertise in each coverage area.

  • Branch offices across the United States provide local claims presence, as well as coordination of claims handling across legal jurisdictions.

  • Management Liability Insurance

  • Outside Directorship Liability Insurance

  • Management Indemnification Insurance

Claims-Made Form Which Includes:

  • Worldwide coverage

  • Coverage for suits brought by portfolio companies against the venture capital or private equity firm or its employees or management

  • Coverage for securities actions

  • Controlling shareholder liability coverage

  • Coverage for advisory board members of a private fund

  • No exclusions for tortious interference, intellectual property or antitrust

  • Automatic coverage for newly created private funds

  • Advancement of defense costs

  • No prior-acts exclusion

Swingle, Collins & Associates specializes in Financial Services Insurance coverage in Dallas, Southlake, Westlake, Plano, Coppell, Irving, Argyle and the surrounding areas.  The descriptions of Financial Services insurance coverage listed on this website are brief and subject to the provisions, limitations, and exclusions that can only be expressed in your policy and related endorsements. For additional information of how Swingle, Collins & Associates can assist in meeting your coverage needs please contact your dedicated risk manager to discuss the benefits and services of commercial inland marine insurance coverage. The information contained on this page is provided for informational and educational purposes only. It contains general information on insurance issues and may not reflect the most current developments in insurance coverage and is unlikely to apply in all factual scenarios. The information does not include all the terms, coverage, exclusions, limitations or conditions that may be contained in the actual insurance contract language. The policies themselves must be read for those details. Sample policy forms will be made available upon reasonable request.