The rising complexity of the financial institutions industry will increasingly translate into greater uncertainty and, consequently, greater risk. The global nature of investment products and services, as well as the ever-developing sophistication of investors, will continue to intensify business exposures - as will the evolving legal and regulatory environment, an increased media focus on allegations of business misconduct, investigations, and settlements.

Marsh's Financial Institutions Practice works with clients to provide effective risk mitigation strategies that can help them deal with these challenges. Marsh offers an array of consultative and risk transfer services for any size firm in a wide range of areas, including:

• Banks
• Investment banks
• Securities brokers-dealers
• Investment advisors / asset managers
• Mutual funds
• Insurance companies
• Exchanges
• Credit unions
• Government-sponsored agencies
• Other diversified companies.

To effectively meet the needs of such a diverse assortment of financial institutions, Marsh provides coverage for a variety of exposures, including:

• Corporate governance
• Business continuity
• Fraud
• Operational risk
• Mergers and acquisitions.

Coverage is provided through a comprehensive suite of products including, but not limited to, the following major categories:

• Directors and officers liability
• Errors and omissions
• Bankers blanket bond
• Employment practices liability
• Cyber risk
• Mortgage impairment
• Workers compensation
• Terrorism
• Intellectual property
• Political risk
• Property
• Business interruption.

Insurance Services for FINRA-Member Firms

Seabury & Smith, Inc., a subsidiary of Marsh, has been the leading originator and provider of insurance solutions for Financial Industry Regulatory Authority (FINRA) member firms for over 25 years. Their goal is to assist broker-dealers in obtaining the most comprehensive coverage with competitive premiums. Visit their website at www.seaburyandsmith.com to learn more about Broker-Dealer Fidelity Bonds, E&O, D&O and more.

Risk Analysis Tools

In addition, our corporate affiliate Oliver Wyman — the financial services industry's leading consultant in risk management — offers unique tools for integrating risk analysis, profitability, and value creation.

Overview

Contacts

Related Information

Financial Institutions Risk Benchmark Report Now Available