WGA's Financial Risks practice was formed to respond to the risk management and
insurance brokerage needs of all types of financial services companies. With over
20 years of experience in dealing with the insurance needs of banks, insurance companies,
finance/leasing companies and money/asset managers, this WGA practice responds to
the highly specialized needs of these financial services clients. By giving a broad
overview of the risks faced by this specific financial services segment, our team
responds with recommendations and solutions to risk management issues. Our solutions
are based on time-tested approaches and demonstrate creativity, with a sharp focus
on cost and efficacy.
Often our approach will lead to the design or revision of a tailored insurance program
featuring a risk transfer mechanism, or even a self-insurance option. Finite and
integrated risk solutions are a common solution for major clients, particularly
in the current insurance market conditions.
Financial services companies require a special expertise in insurance products focused
on financial risks including:
- Directors' & Officers' Liability
- Errors and Omissions Insurance
- Fidelity Bond and Crime Insurance
- Investors Coverage Against Hedge Fund Fraud
- Electronic and Internet Risks
- Intellectual Property
- Residual Value Guaranty
- Lenders Coverages: Single/Dual Interest, GAP, Contingent Risks
- Special Surety Risks
- Credit Insurance
- Kidnap and Ransom
WGA's Financial Risks Practice Leader, Roger Haynes, has over 20 years experience with the specialty claims and policy form issues that arise with all types of financial institutions. He collaborated with Gary M. Slep to author a book on Bank Insurance and Risk Management
published by Standard Publishing Corp.
For additional information about our Financial Risks Practice or other insurance needs, please email WGA at , call us at 888-261-8884, or click here
to tell us more about your specific needs.