Coverage Guidelines

Financial Institutions Insurance

Coverage Guidelines

AmTrust’s Financial Institutions division understands the unique risks each financial institution faces in the current banking, regulatory and insurance environments. Our underwriters have extensive industry knowledge and will help structure an insurance program that will help your clients effectively manage their risks. AmTrust’s FI Advantage products offer comprehensive insurance coverage that can be tailored to the specific needs of each risk.

Availability
Available in all states except AK, HI, NY, and VT
 
Financial Institutions Overview
Limits
Coverage Limit
Directors & Officers $10,000,000
Lender Liability
Trust Services Liability
$10,000,000
$10,000,000
Fiduciary Liability $5,000,000
EPLI
Wage & Hour (FLSA)
$10,000,000
$500,000
Network Security & Privacy Liability $5,000,000
Business Interruption
Crisis Mitigation Expense
Financial Institution Bond
EFT Guard (per acct. holder)
Civil Money Penalties (per D&O)
Excess Deposit Bond
$5,000,000
$1,000,000
$10,000,000
$1,000,000
$250,000
$10,000,000
 
Size of Institution
  • Banks – Institutions <$5B in assets with <250 employees
  • Other FI – Revenues > $50,000 (with exception for start-up operations)
Eligible Classes
  • Agricultural Loans/Credit Bankers
  • Automobile Finance/Leasing
  • Bankers Associations/Advisors **
  • Commodities Agent and Brokers
  • Economic Consultant
  • Equipment Finance/Leasing
  • Financial Consultants
  • Insurance Adjusters **
  • Insurance Agents and Brokers (L&H) **
  • Insurance Agents and Brokers (P&C) **
  • Insurance Companies
  • Insurance Reporting/Research **
  • Loan Agents
  • Loan Processors
  • Mortgage Bankers
  • Mortgage Brokers **
  • Mortgage Companies
  • Mutual Benefit Associations
  • Non Personal Trust Management
  • Pension/Retirement Consultants
  • Personal Finance/Loan Companies
  • Personal Investment Trust Management
  • Real Estate Insurance Agents **
  • Securities Broker/Dealer **
  • Title Insurance Agents **

** We will not entertain the E&O Lines

Ineligible Classes
  • Private Equity
  • Hedge Funds
  • Payday Lenders
  • Sub Prime Lending
  • Investment Banking

Time Zones

13

Countries

70

Brands

18

Agents

9500