SCHAUMBURG, Ill. – Zurich, a property and casualty insurance provider globally and in North America, recently introduced Financial Institutions Select, a new management liability/professional liability policy it says reflects the needs of today’s financial institutions and includes more than 75 new coverage enhancements to respond to the current landscape of risk faced by the management of financial institutions.
The Zurich Financial Institutions Select insurance policy offers 10 coverage options to choose from: Management Liability, Excess Side-A Liability, Private Company Securities, Public Company Securities, Employment Practices Liability, Fiduciary Liability, Professional Liability, Lender Liability, Trust Department Liability and Security & Privacy Protection.
The new policy includes Retired Independent Directors Side A coverage that provides an additional level of protection for retired independent directors with personal Side A coverage after all other insurance protection is exhausted.
