Financial Institutions Liability

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Financial Institutions Liability

We are a seasoned group with decades of experience underwriting complex private equity and financial institution risks. The team is dedicated to going the extra mile to exceed the expectations of our clients and distributions partners.

Appetite

Asset Management and ancillary businesses related in the space.
Including, but not limited to:
- Private Equity GPL
- Venture Capital
- Real Estate Funds (Private & Public)
- Infrastructure Funds
- Credit Funds
- Long Short Equity Funds
- Mutual Funds
- Alternative Capital (ex: ILS Funds or Litigation Financing)
- Investment Advisory businesses

Appetite

Prohibited Classes

Money-Center banks (BPL)
Cannabis
Cryptocurrency
“Mega” PE Sponsors

Prohibited Classes

Coverage Highlights

$10 million capacity
Primary and Excess
Primary IMI Form
Primary GPL Form
Insurers = Consortium of Lloyd’s syndicates led by Brit Syndicates Limited (A+ (Strong), Standard & Poor’s; A+ (Excellent), A.M. Best
No minimum attachment point on excess placements
Expert claims handling:
- The claims teams of Brit Syndicates Limited (“Brit) and Ambridge Partners LLC (“Ambridge) are comprised of licensed attorneys with experience handling D&O claims
- If a claim is notified to the Insurers, the Insured will communicate directly with Ambridge on the matter. Ambridge will handle the claim to ensure that there is seamless continuity from underwriting to claim evaluation and determination.

Coverage Highlights

Select a team

New York

Christopher Houston

Head of Managment Liability, Private Equity, and Diversified Financial

Dan Auslander

Group Chief Distribution Officer

Daniel Frusciano

Managing Director – Head of Financial Lines

Ambridge Partners LLC (which in CA does business as Ambridge Insurance Solutions West, LLC, License number OL45420) is a managing general underwriter of Transactional Insurance, Specialty Casualty, Management Liability, Professional Liability, Cyber and Reinsurance products, and part of the Ambridge Group of companies. This material is intended to provide general information about Ambridge’s products and services. For a full and complete description of coverage terms and conditions please review the insurance policy. The Ambridge Group of companies makes no statement or representation to any person or entity as to the potential tax or accounting consequences or treatment of any transaction or matter. No insurance product, policy or service is offered or will be solicited in a jurisdiction in which such offer, solicitation, purchase or sale is unlawful under applicable statute or regulation of any country or jurisdiction. Inquiries about the products and services described herein should be directed to producers duly licensed in the relevant US jurisdiction.