Financial Institutions Insurance

As part of Hamilton Americas, the US entity that writes insurance and reinsurance business on behalf of Hamilton Global Specialty, coverage for Financial Institutions can be written on either a primary or follow form basis and leverages the broader team’s technical knowledge to underwrite and deliver tailored solutions.

We are exclusively dedicated to protecting the exposures uniquely faced by financial institutions.

Contact us

Darren Hertell
Head of Financial Institutions, Hamilton Americas
[email protected]

Cleareance/Submissions
[email protected]

Claims
[email protected]

Alexander Sage
Senior Claims Adjuster
[email protected]

Target market

  • Asset managers:
    – Hedge funds
    – Mutual funds
    – Registered investment advisors and family offices
    – REITs and real estate investment firms
    – Private equity and venture capital firms
  • Money center and regional banks
  • Non-bank lenders
  • Insurance companies

Coverage

Offering comprehensive professional liability and directors & officers liability insurance products, including fiduciary liability, Side-A DIC, employment practices liability, and financial institution bond.

Maximum line size

US$10 million (any single risk)

Territory

US

Strength

As with all Lloyd’s syndicates, we benefit from Lloyd’s’ ratings: A+ (Superior) by A.M. Best, AA- (Very Strong) by Fitch Ratings, and AA- (Very Strong) by Standard & Poor’s and are backed by Lloyd’s Chain of Security.

Rated ‘Outperform’ for the third year in a row, Hamilton’s Syndicate 4000 is a diversified multi-line insurance and reinsurance syndicate. It combines the global scale, security and longevity of Lloyd’s with industry experience and specialist underwriting expertise. We write business on a lead or follow basis, and can draw on the flexible Lloyd’s approach to underwriting to tailor solutions to suit.

Delegated underwriting authority

Underwriters are empowered to make decisions, avoiding the layered bureaucracy that too often slows down responsiveness.

Claims

  • Claims are handled internally by skilled and responsive professionals
  • Proactively collaborate and manage claims with the client, their broker, and our underwriting team with an eye towards a swift and equitable resolution
  • Propensity to pay is just as crucial as the ability to pay
  • Believe that a valid claim represents a PR opportunity