Financial Institutions

Calvin BarnesManaging Director, Financial Institutions T. +44 (0)7818 586002The Minster Building 21 Mincing Lane London EC3R 7AGContact & More Info
Gareth AbbottDeputy Managing Director, Financial InstitutionsT. +44 (0)7787 286449The Minster Building 21 Mincing Lane London EC3R 7AGContact & More Info

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Definition of the Month



Bespoke Insurance and Risk Management Advocacy Services for Financial Institutions

The increasing challenges faced by financial institutions, exacerbated by the volatility in markets, negative sentiment regarding the global economy, increased regulatory focus, and the inevitable increase in litigation, mean that financial institutions face more uncertainty and risk exposure than they have for many years.

The need for insurance protection designed specifically to meet these individual exposures, is a critical component of the risk management framework. Bishopsgate’s global financial institutions group is populated by industry experts, dedicated to providing invaluable, cost-efficient and intelligent insurance coverage solutions to help protect balance sheets, human capital, reputations and key stakeholders.

Our experts work in partnership with our clients to gain a deep understanding of our clients’ needs and desires. Our ability to articulate these in the most accurate, and where necessary, robust manner, to the global insurance market maximises the potential for the optimal insurance outcome.

Critically, our corporate clout, extensive experience and tenacity dealing with many ‘severe’ claims globally, ensure a seamless partnership with our clients when it really matters.

Sector Specialisms

  • Alternative asset managers and fund structures
  • Corporate service providers, ManCo’s, and trust services
  • Banks and building societies
  • Insurance companies
  • Wealth management and financial advisory
  • Family offices
  • Fintechs
  • Bespoke structured solutions

Classes of Insurance

  • Directors’ and Officers’ Liability
  • Professional Indemnity / Civil Liability
  • Fraud / Bankers’ Blanket Bond
  • Employment Practices Liability
  • Cyber
  • Public Offering of Securities Insurance (POSI)
  • Pension Trustee Liability
  • ERISA Bond
  • Structured Credit and Investment Risk Solutions
  • Office Contents
  • Public and Employers’ Liability
  • Business Liability
  • Business Travel
  • Employee Benefits