The HudsonPro team offers Financial Institutions products that deliver customized management and professional liability insurance solutions to the financial services industry. Using a relationship-driven approach, we address traditional risks and create specific solutions for emerging business models, including but not limited to Fintech, which has emerged as a growing sector that disrupts the traditional ways of transacting business. Rather than utilizing incompatible insurance products, our customizable forms offer unique, innovative, and expansive solutions that squarely address these new exposures.
Financial Institutions Targeted Business:
- Consumer Lending
- Small Business Lending
- Specialty Finance
- Mortgage Lenders
- Insurance Companies
- Boutique Investment Banks
- Institutional Broker Dealers
- Alternative Asset Management
- Other non-traditional or opportunistic placements
Fintech Targeted Business:
- Alternative Lenders
- Crowdfunding
- Consumer Finance
- Real Estate/Investment Platforms
- Digital Banks
- Blockchain/Digital Assets
- Insurtech
- Payments
Policy Forms Available:
- AlphaPack – customizable financial firms package policy
- FinTech Alpha – customizable product suite created specifically for Fintech companies that includes Technology Products Failure in all Professional Liability (E&O) Insuring Agreements
- The Defender – Side a Difference in Conditions Policy
Primary Coverages Available:
- Directors and Officers Liability (D&O)
- Financial Services Professional Liability (E&O) – Specialty Finance, Investment Banking, Insurance Company, Investment Adviser, Bespoke
Additional Coverages Available:
- Employment Practices Liability
- Fiduciary Liability
- Cyber Liability – only available when a primary coverage is purchased on the FinTech Alpha policy
Limits Available:
- Up to $10 Million