Financial Institution Insurance
Chicago & Illinois
Banks, credit unions, investment firms, and other financial institutions operate in a highly regulated environment with significant professional, cyber, and management liability exposures. Joseph Marshall Co. designs specialized programs that address the unique risks facing financial services organizations — from community banks to registered investment advisors throughout Chicago and Illinois.
Coverage for Financial Institutions
Bankers Professional Liability (BPL)
Covers claims of negligence, errors, and omissions in the delivery of banking and financial services — including loan origination errors, investment advice, and trust administration.
Directors & Officers Liability
Protects bank directors, officers, and board members against claims from shareholders, regulators, depositors, and employees.
Financial Institution Bond / Crime
Covers losses from employee dishonesty, forgery, computer fraud, funds transfer fraud, and robbery — a foundational coverage for all financial institutions.
Cyber Liability & Data Breach
Financial institutions are prime targets for cyberattacks. We design programs that address data breach notification, regulatory defense, and business interruption from cyber events.
Employment Practices Liability
Covers discrimination, harassment, wrongful termination, and other employment claims — particularly important for financial institutions with large employee populations.
Errors & Omissions (Investment Advisors)
Covers claims of negligence and errors in investment advice, portfolio management, and financial planning services — for registered investment advisors and wealth managers.
Protect Your Financial Institution
Schedule a complimentary consultation with a Joseph Marshall Co. advisor specializing in financial institution insurance.
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