In today’s complicated legal and regulatory environment, financial companies have special liability exposures that may not be covered by their existing general liability insurance policy. The proliferation of federal and state laws governing employment practices, combined with evolving case law, also makes claims by employees more common and more costly.

The Swingle Collins & Associates team has a strong understanding of exactly what financial services firms need to protect their company, and offers a variety of financial services insurance.

industries served

  • Broker/Dealers

  • Community Banks

  • Credit Card Issuers

  • Family Office

  • Insurance Company

  • Investment Advisers

  • Investment Banking

  • Leveraged Buy-Out Firms

  • Money Center Banks

  • Mortgage Brokers & Bankers

  • Mutual Funds

  • Private Equity Firms

  • Private Fund Managers

  • Regional Banks

  • Registered Investment Advisers

  • Reits/Reifs

  • Sub Prime Lenders

  • Title Companies

  • Trust Companies

  • Venture Capital


Available Coverages

  • 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 tortuous interference, intellectual property or antitrust

  • Automatic coverage for newly created private funds

  • Advancement of defense costs

  • No prior-acts exclusion