Financial institutions

Insurance Office of America’s financial institutions specialists deliver deep expertise and responsible service in an increasingly complex industry. We understand the intricacies of financial operations—from banks and credit unions to mortgage companies and private equity firms. Our approach is not just about offering insurance. It’s about developing a risk transfer program that considers your current and future liabilities and aligns perfectly with your business’s needs, ensuring financial stability and compliance.

Why choose IOA for financial institution insurance?

We work with you to understand your liabilities and business goals and develop risk transfer programs that offer greater stability. We bring specialized knowledge from decades of work with banks, credit unions, finance companies, mortgage companies, and private equity firms. Our producers place coverage carefully to deliver solutions that match your operational risks and ensure regulatory compliance.

Their insights help financial institutions secure the right coverage in professional liability, including errors and omissions (E&O), directors and officers (D&O) liability, cyber liability, crime insurance, and business interruption. These protections are essential in managing the risks associated with providing financial services and handling sensitive data.

Our financial institution insurance markets

Banks

Credit unions

Finance companies

Mortgage companies

Private equity firms

Financial institution insurance products

IOA’s range of product offerings for the financial institutions include:

Professional liability (E&O)

Professional liability (E&O) insurance protects professionals and businesses against claims of negligence, errors, or omissions in their services.

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Directors and officers

Directors and officers insurance protects company leaders from personal liability for decisions made on behalf of the organization.

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Cyber liability

Cyber liability insurance helps businesses recover from incidents like data breaches, ransomware, and regulatory penalties.

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Crime

Crime insurance covers financial losses resulting from theft, fraud, forgery, and other dishonest acts committed by employees or external actors.

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Connect with an IOA insurance expert

Speak to an IOA broker who understands your industry, goals, and challenges.

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Get in touch

At IOA, we prioritize building solid relationships with our clients and community. Please feel free to use the form to contact us with your questions, comments, or feedback, or call an IOA advocate today.

Free call 1.800.243.6899