Special Risk
Useful information about Financial and Special Risk Insurance
Financial and Special Risk Insurance is used when standard policies are not enough to cover the sensitivity of a business. It may include management liability, cyber risk, credit insurance, surety and customized contract requirements.
This product group requires detailed understanding of the company structure, controls, contracts and financial exposure. A clear risk profile allows the coverage to be placed more accurately.
If a claim or notification arises, written communications, contracts, official notices and technical reports should be preserved. Early notification is especially important in this field.
Some risks do not fit standard property or liability wordings: a manager's decision that triggers a shareholder claim, a ransomware attack that stops your systems, a customer that cannot pay its invoices. Financial and Special Risk Insurance addresses exactly these exposures with dedicated products such as Directors & Officers (D&O), Cyber, Trade Credit, Surety Bonds and Fidelity insurance.
What is typically covered?
- Directors & Officers liability for management decisions and defence costs
- Cyber incidents: data breach response, system restoration and liability
- Trade credit protection against unpaid domestic and export receivables
- Surety bonds replacing bank letters of guarantee in tenders and contracts
- Employee dishonesty and fidelity losses
Who is it for?
Companies with boards and external shareholders, businesses processing customer data or selling on open account terms, contractors participating in tenders, and family companies planning succession. These products are wording-sensitive — small differences in definitions change the outcome of a claim, so comparison matters more than price alone.
What sets our agency apart
Subjects such as directors' liability, cyber incidents and reputational risk are often discussed within a narrow circle even inside the company. Our agency treats confidentiality as the starting point on these files and limits the sharing of information to the people the process actually requires. We present critical wording such as notification obligations and retroactive dates to the board in a clear summary. Making difficult subjects simple is the quality of work we value most.