Specialty and financial risks
Financial Lines Insurance
Trade credit, cyber, crime and surety solutions.
Financial lines cover risks that are not physical damage but can still hit your company hard: a customer failing to pay, a cyber attack or employee fraud. These products are usually tailored to the specific needs of the company.
Who is it for?
- Manufacturers and exporters selling on credit terms
- Companies processing customer data
- Businesses handling cash and valuables
- Companies bidding for public tenders
What does it cover?
- Trade credit insurance
- Cyber insurance
- Crime / fidelity
- Surety bonds (an alternative to bank guarantees)
- Directors’ and officers’ liability (D&O)
Scope and exclusions vary by insurer and programme. With every quote we summarise the policy wording in plain language.
What drives the price?
- Turnover and buyer portfolio
- Information security controls
- Internal control framework
- Limit required
Frequently asked questions
Can a surety bond replace a bank guarantee?
Where the regulations allow, it can be used instead of a bank letter of guarantee in public tenders and frees up your bank credit lines.
What does cyber insurance cover?
Depending on the policy: incident response costs after a data breach, business interruption, ransomware negotiation and recovery costs, and liability to third parties.