With asset management regulatory reform and the general issue of transparency high in the political debate, none should be surprised if all types of asset management organizations and the universe of Funds have and will continue to come under increased scrutiny by investors, regulators and the government. Scrutiny does not mean the financial institution business is going to wither. Institutional investors will continue to increase asset allocation, particularly as more compliance, regulations, and risk management controls become more transparent and acceptable to their investment committees.
We have brokers who are focused on the global asset management industry, particularly hedge funds, private equity, venture capital, family offices and other alternative asset management firms and risks. We focus on helping retail agents and brokers bring the best insurance solutions to their clients so they can compete more effectively while providing additional sources of revenue in this expanding and evolving segment.
We are one of the only brokerage firms with a dedicated asset management practice. We have very strong relationships with all underwriting markets, both domestic and international, and significant market leverage to secure the best terms based on our volume of risks which we place in this segment.
We offer a complete suite of both standalone and blended insurance solutions for the target classes below for Professional and management liability exposures, including the listed specialty coverages.
Target Classes:
- Hedge Funds and Fund of Funds
- Private Equity and Venture Capital Firms
- Investment Adviser Firms
- Family Offices and Wealth Managers
- Investment Companies/Mutual Funds
- Real Estate Private Equity Firms
- REITS
- Security Broker Dealer Firms
- Investment Banking/Merchant Banking
Coverages:
- Professional Liability (E&O)
- Management Liability (D&O)
- Outside Directorship Liability
- General Partner and Partnership Liability (GPL)
- Investment Fund E&O/D&O/GPL
- A-Side
- Independent and Personal Directors Liability
- Excess Follow-form Liability
- Employment Practices Liability
- Fiduciary Liability
- ERISA Bonds
- Fidelity/Crime Bonds
- Kidnap, Ransom & Extortion
- Privacy and Cyber Liability
- Reps & Warranties
- Tax Liability