We provide essential protection for directors and officers of public, private and not-for-profit financial institutions against losses arising from their professional status or conduct. As regulatory requirements intensify through enhanced corporate governance frameworks, EU Directives, and health and safety legislation, the exposure for individual directors and officers increases significantly. The consequences of liability can be severe, potentially including substantial fines and even imprisonment.
This crucial coverage shields businesses and professionals from financial consequences of legal liabilities to third parties arising from breaches of professional duty. Many professional bodies mandate this protection for their members, including stockbrokers and securities dealers. Most financial institutions recognise the essential nature of this cover to protect against client litigation or third-party claims alleging professional breaches.
Our comprehensive package policies are designed specifically for funds and asset managers, addressing their key exposures including professional liabilities through an integrated approach.
These policies protect private and publicly-traded financial institutions against asset losses (including cash, bullion, securities documents or valuable assets) resulting from employee fraud or third-party actions such as robbery, forgery, counterfeiting, transfer fraud or computer fraud.
Our specialist electronic and computer crime policies cover:
We protect privately-held and publicly-traded non-financial institutions against asset losses from employee fraud and third-party actions. Coverage includes theft of money, securities and other valuables through risks such as embezzlement, forgery, robbery, counterfeit currency, employee dishonesty, safe burglary, computer fraud and wire transfer.
Our solutions provide worldwide coverage backed by the security of Lloyd’s of London.
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MNK International delivers sophisticated Directors & Officers liability insurance (D&O) to protect the directors and officers of a company or the organisation itself. This essential coverage provides indemnification for losses or advancement of defence costs when insured parties face legal action for alleged wrongful acts in their professional capacity.
Today’s heightened corporate governance environment and increased regulatory oversight place intense pressure on company directors and officers to fulfil their duties meticulously. Failure to meet these standards can result in personal liability for individual directors or the entire board, regardless of whether they serve in full-time, part-time, honorary or non-executive roles.
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Who this works for:
We provide coverage for not-for-profit organisations, privately held companies, and publicly traded enterprises. Start-up ventures receive careful consideration, and our underwriting extends across all industry sectors, both commercial and financial.
Additional coverage options available separately or by endorsement include:
MNK International delivers sophisticated protection for privately-held and publicly-traded non-financial institutions against asset losses from employee fraud or third-party actions. Our coverage addresses theft of money, securities and other valuable assets through various risks including embezzlement, forgery, robbery, counterfeit currency, employee dishonesty, safe burglary, computer fraud and wire transfer.
Our commercial crime policies shield organisations against theft of money, stock, goods, securities, property or funds by employees or third parties. This extends to protection against the theft of clients’ money or property for which you bear responsibility.
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Who this works for:
Non-financial business organisations worldwide
Our plastic card insurance provides comprehensive coverage for counterfeit cards, lost or stolen credit/debit cards, employee dishonesty, merchant fraud and associated legal expenses. This specialised cover addresses critical exposures typically excluded under standard BBB and electronic and computer crime policies.
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Speak with Our Financial Lines Specialists