Investment Management Insurance

In an industry that involves big sums of money and client confidence, it’s wise to protect your investment managers, fund managers and the like from on-the-job risks – from breach of trust to fraud. Chubb’s Investment Management Insurance coverage includes past subsidiaries and employees, and you can stretch it to include those for whom the insured is accountable. Three insuring clauses covering PI, Crime and D&O exposures.

Coverage Highlights

Benefits

  • Covers claims arising from acts, errors, omissions, breach of duty, breach of trust, breach of authority, misstatement or a misleading statement by the investment manager or managed investment scheme in the course of conducting investment-related services
  • Includes fraud, dishonesty, theft, computer or funds transfer fraud, counterfeiting, forgery, or criminal damage by any employee or third party
  • Provides protection for the investment manager, managed investment scheme, responsible entity and the compliance committee
  • Broad definition of ‘Investment Services’
  • Extends to persons for whom the responsible entity is accountable
  • Covers all past or present subsidiaries as well as all directors, officers or employees
  • Defence costs are advanced to the entity as they’re incurred

Chubb only provides general advice and does not consider your objectives, financial situation or needs. To decide if this product is right for you and to obtain a copy of the Expatriate Insurance Policy Wording and Product Disclosure Statement (PDS), contact a Chubb Independent or Global Broker Unit representative today.

Interested in this Chubb policy?

Have a question or need more information? Contact us to find out how we can help you get covered against potential risks