Overview
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
Prohibited Classes
- Money-Center banks (BPL)
- Cannabis
- Cryptocurrency
- “Mega” PE Sponsors
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.
Our Team
Christopher Houston
Head of Managment Liability, Private Equity,
and Diversified Financial
Daniel Frusciano
Managing Director – Head of Financial Lines
