Insurance for Financial Institutions

Safeguard your organization against the unexpected. From banks and credit unions to investment firms and other financial service providers, our specialized coverage helps protect against financial losses stemming from errors and omissions, other professional or management liability, breaches of fiduciary duty, and even criminal events. With tailored solutions designed for the unique risks that face the financial sector, we provide the confidence you need to focus on growth and innovation.

Proven specialists for financial institutions

At Berkley, our financial institutions specialists combine underwriting precision with exceptional claims expertise, built on deep relationships within the financial services community. We are committed to delivering tailored, comprehensive insurance solutions that safeguard your reputation and protect your assets—so you can focus on what matters most: growing your business with confidence.

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Types of financial institutions and service providers we serve

Berkley partners with a wide range of financial organizations, delivering insurance solutions tailored to your unique risks and objectives. Our deep industry expertise ensures protection and peace of mind for institutions across:

  • Banks
  • Capital Markets
  • Consumer & Specialized Finance
  • Credit Unions
  • Hedge Funds
  • Insurance Companies
  • Registered Investment Advisers (RIA)
  • Mutual Funds
  • Private Equity Firms
  • Real Estate Investment Trusts
  • Venture Capital Firms

Providing peace of mind to financial institutions

Berkley delivers a comprehensive portfolio of primary and excess insurance products for financial institutions, designed to safeguard your organization from complex risks. Our solutions help protect your business, leadership, and reputation with coverage options such as:

  • Directors and Officers Liability
  • Company Securities Liability
  • Errors and Omissions / Professional Liability
  • Lender Liability and Trust Liability for Banks
  • Fiduciary Liability
  • Employment Practices Liability, Including Third-Party Coverage
  • Cyber and Privacy Liability, Including Business Interruption and Ransomware Extortion
  • Fidelity Bonds
  • Registered Fund Liability
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Additional value-added services

In addition to comprehensive insurance coverage and risk management solutions that help mitigate potential losses, we also offer a range of value-added services, including:

  • Employment Practices Liability policyholders have access to a toll-free help line for information and general guidance from a leading employment practices law firm, along with educational tools and other employment resources.
  • Management Liability policyholders with the Electronic Banking option have access to a private website with tools and resources to help them understand their exposures, establish a response plan, and minimize the effects of a network or data breach on their organizations.
  • Cyber policyholders have access to a breadth of service providers and tools focused on establish a response plan and minimizing the effects of a data or security breach on their organization.

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Tailored Coverage Our Clients Trust

We certainly do appreciate the strategic partnership with the CWG team! We’ve had many different carriers over the decades for liability and CWG has by far been the best and most professional company we have worked with. I’m not one to give out compliments, but I have been really impressed with how the CWG team operates – CWG really stands head and shoulders above the competition – by far!!

Tom M, CWG Customer

Thank you again for taking the time to come out and connect with my team. The insight offered was truly valuable to both Barry and myself. I just wanted to follow up with you and let you know that we have incorporated your recommendations into our safety plan to make it the new norm on our end. We are going to start a bidding process for the nurse hotline to see which will make the most sense for us. Thank you again.

Ryan P., Berkley Renewable Energy customer

BEST and most consistent claims reps that we work with! I believe adjusters are lost in the shuffle because it’s hard to quantify their value, but you guys have some of the best adjusters in the business.

Andy, risk advisor from southern agency

Message to Tracy, BMAG Auto PD Claims Representative: I just wanted to thank all of you! This has been the smoothest and easiest instance I have had with any bodyshop/insurance company. I have had a couple of fender bender repairs in my driving history. Most small like this one, but this has been the best coordination I have ever had. THANK YOU!!!

Kim R., Berkley Mid-Atlantic customer

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