Security for private banks, securities trading banks and stockbrokersThe financial and economic crisis shocked the banking and stock exchange world. Despite a certain lessening of tension, the market is still characterised by distrust. Securities trading banks and brokers feel the effects of the crisis directly in continuing lower sales. At the same time, they are faced with the problem of fulfilling the requirements of state regulatory authorities and the demands of their clients for greater security for the capital they invest. Insurance options are diminishingThe situation has further worsened because insurers are underwriting new risks only very selectively and in some cases reducing liability coverage dramatically. At the same time, however, premiums are increasing. The result is that private banks, securities trading banks and stockbrokers are getting considerably less benefits and yet having to bear enormously increased costs. Special exclusive conceptThe situation is different in Great Britain. The Lloyd's market has remained comparatively stable. By cooperating with the London market, we are in a position to develop a special concept which solves the problems outlined above in all areas of liability business and furthermore makes it possible to underwrite higher insured sums. More flexibility for youWe have, of course, made sure that our solution is so flexible that it allows you to tailor your insurance cover precisely: – You benefit from global coverage which is not confined by borders. – Group policies can be adjusted to specific locations, – and this is also true of country specific jurisdiction. – Splitting of national taxes and accounting leads to considerable savings for clients. – Finally, new companies established during the life of the policy are automatically included. Just a few of our highlights. Our insurance solution is underwritten in Germany, Austria and Switzerland exclusively and solely through Insurance 1 and covers the following risk areas:
Insurance 1's exclusive portfolio is intended for the following client groups:
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