NEW YORK--(BUSINESS WIRE)--Starr Companies has launched its Financial Institution Bond Coverage, a new insurance product that expands Starr’s excess and co-indemnity Financial Institution bond capabilities.
The primary Financial Institution Bond Coverage may also be purchased on a monoline basis, with limits up to $25 million available.
This coverage may be combined with Directors & Officers, Employment Practices, and/or Fiduciary Liability coverages.
“Financial institutions present unique Crime and Fidelity risk factors that require specialized underwriting,” says Jim Pittinger, Vice President & Financial Lines Manager. “Starr Companies has compiled an experienced team of underwriters who are qualified to analyze these risks.”
Please contact Patricia.Barrett@starrcompanies.com for further details.
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Starr Companies (or Starr) is the worldwide marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C.V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident & health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, Hong Kong and Singapore each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong). Starr’s insurance company subsidiary domiciled in China has an A.M. Best rating of “A-” (Excellent).
For more information visit us at www.starrcompanies.com