Financial Institutions

McGriff’s Financial Industry Specialists—A Wise Investment

Financial Institution Clients

  • Banks and depository institutions
  • Insurance companies and related businesses
  • Asset managers (private equity, venture capital, hedge funds, investment advisors, mutual funds, REIT’s, broker/dealer firms, and more)

In recent years, the financial industry has changed dramatically with increased regulation and intense scrutiny. That’s why it’s even more important now to have an experienced team guiding your company – including your officers and directors – through the risk associated with the modern financial industry.

McGriff has a professional liability group of more than 50 experienced professionals committed to providing insurance and risk management to large and complex companies.

Dedicated Specialists

McGriff has a core team of senior brokers dedicated to financial institutions. So you’re assured of experience along with relationships at the senior level of your insurance carrier. These relationships link your brokerage team with the key decision makers at your insurance market. In addition, McGriff has a claims group that focuses on management and professional liability for financial institutions, bringing an even broader range of benefits to our clients.

Specialized Products

As a complement to our experienced team, McGriff has developed a proprietary product tailored to each of the financial industry segments. It provides directors and officers liability, all-risk professional liability, employment practices liability, fiduciary liability, and a financial institution bond with significantly broader coverage than typically available.

Clients can pick and choose from this menu of coverages and decide to share the limit, or designate a separate limit for each coverage. We also provide property and casualty insurance for financial institutions, including forced placed programs and master trust programs.