The vulnerability of financial institutions to risks is well known and recent high profile cases have made headlines around the world. The threat, usually in the form of operational (negligence, crime), credit, market and regulatory risks, is not diminishing. The use of technology has increases the risks and has facilitated new forms of criminal activity. Effective operational controls serve to reduce exposures but appropriate insurance products frequently prove to be a vital last line of defence.

With proven expertise in dealing with banks and financial institutions, Howden provides the following insurance solutions: