Chubb is a recognised leader and one of the largest providers of financial institutions insurance in Switzerland. With a rich heritage of insuring financial institutions including asset management firms and funds, banks and other lending institutions and insurance companies, Chubb offers a broad spectrum of quality and tailored business insurance solutions and services. Chubb’s comprehensive range of products provides market-leading protection for local, multinational or international financial institutions.
Financial institutions have to operate within a growing array of complex laws, rules and regulations, which increase the potential for litigation and consequent loss. All financial institutions, regardless of services offered or be they public or privately held can be affected by suits against the company and/or management. With the increasing focus from regulatory bodies it is becoming more important than ever that companies protect their key personnel from suits brought against them.
Chubb provides market leading directors’ and officers’ liability insurance providing crucial protection to the company and its senior management against claims of wrongdoing from various parties including; shareholders, employees, competitor companies, and the government.
Comprehensive cover for the directors and officers against defence costs and legal liability incurred from: wrongful acts, errors and omissions, misstatement, negligence, and breach of duty.
Financial institutions have to operate within a growing array of complex laws, rules and regulations, which increase the potential for loss and consequent litigation.
We provide market-leading civil liability insurance, protecting financial institutions and their employees against claims arising from the performance of or failure to perform professional services.
In the current regulatory and economic environment, it is important that companies have the right cover. We operate on a "knowing your client" basis and work with our clients to develop the appropriate insurance for their needs.
Comprehensive cover for defence costs and legal liability incurred from:
A leading product designed to provide broad cover for first party crime exposures facing all types of financial institutions. In the fast moving business climate of today, we have seen an exponential increase in business fraud. With this in mind, it is crucial that organisations protect themselves and focus on these areas of risk management to secure their future.
Standard cover includes protection against:
Asset and investment managers of any size, from small boutique operations to global multi-fund, multi-manager operations need the protection offered by Chubb’s investment management insurance.
The insurance solution contains directors and officers liability insurance, professional indemnity (errors and omissions) and crime cover for investment funds and investment managers. It can be tailored to fit any jurisdiction in which the insured is based, including the USA
This insurance provides cover for the legal liability of directors and officers to the company and shareholders. It also covers the company’s legal liability to its employees, investors and customers in carrying out venture capital activities.
Combines four coverages into one policy:
Enhanced coverage available through Chubb’s Venture Capital Asset Protection Gateway Endorsement, which further addresses the private equity/venture capital industry's evolving regulatory and economic environment and increasingly complex deal structures.