Lockton's Financial Institution specialists are dedicated to providing the highest level of expertise and service in an increasingly complex industry.
You will benefit from the strong relationships we have developed with the world’s most reputable insurers. This is particularly important given the limited insurance market for Financial Institutions. In addition, our in-house loss control, surety and claim specialist teams provide all the resources you need on a global scale.
You will benefit from our expertise in coverage including:
- Privacy liability and cyber risk
- Class action suits involving shareholders (Directors’ & Officers’ Liability)
- Employee dishonesty issues/agents coverage
- Employment practices claims
- Fiduciary liability issues
- Compliance and issues
- Agents errors and omissions
- Financial institution bonds
Our services include:
- Accounting consulting
- Captive consulting
- Collateral analysis
- Environmental liability analysis
- Exposure analysis
- Loss forecasting and analysis
- Mergers and acquisitions practice
- Retention analysis
- Risk financing design and evaluation
Service starts with listening. We take the time to understand your specific goals, design a program that fits your needs, aggressively negotiate coverage, and implement a service plan. You will have the same dedicated service team throughout the entire process which allows us to anticipate your needs and create accountability.
It’s all about you. As a private, family-owned company, all our Associates focus solely on you, our client, rather than public shareholders.
Long-term thinking. Clients stay with us based on our expertise, creative solutions, seamless global resources and outstanding service. Our client retention rate of 95 percent reiterates our commitment to each and every client.