financial institutions insurance brochure

8/13/2019 Financial Institutions Insurance Brochure

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Oval Financial Institutions

Risk and insurancesolutions that protect yourbusiness in changing times

Insight. Service. Performance.


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Specialist risk andinsurance solutions forfinancial institutions

The phrase testing times doesnt really do the situationjustice. Subdued investor confidence, a stuttering economicoutlook at home and continued currency crises abroad

have combined with intense regulatory, political andmedia scrutiny, to make operating a financial businessarguably as problematic as it has ever been in living

memory. Uncertainty is further compounded by the marketaftershocks of consolidation and contraction. Whetheryoure a stockbroker, fund or asset manager, venture

capitalist, private equity or foreign exchange specialist,youll know that few people and fewer organisations have remained untouched by financial distress.

Across a new financial landscape where transparency andresponsibility are must-have credentials, the right insurance

protection is the key to mitigating the risks you face and thesecurity of your bottom line. Underwriters are taking a tougherstance at renewal time and are scrutinising your business

more closely than ever, and that means a good insurancebroker who fights your corner is more important than everbefore. Thats why it pays to work with a specialist insurance

broking partner with the innovative service know-how, themature underwriter relationships and the access to all leading

underwriters to support what you do and how you do it.

While risk is a critical part of your business: risk is ourbusiness. Oval Insurance Broking (Oval) is one of the UKs

leading insurance brokers. Our nationwide team of financialinsurance specialists provide a high standard of advice,supported by attentive and effective service that ensures

the solutions we recommend for you do exactly what theyare supposed to right when you need it most. Our servicecommitment drives insight and innovation to ensure your

insurance covers are simple, competitive, efficient and costeffective. It also provides you with on-demand expertisefrom experts in insurance for your sector, who take the

time to understand your business and your processes andwho, by working with leading financial insurers, are able totranslate that knowledge into tailored solutions that protectthe foundations of your business. This proven practical and

intellectual expertise has made us the insurance brokingpartner of choice for financial businesses across the country.

Welcome to Oval Financial Institutions:insurance solutions built for performance

The financial crisis that unfolded in 2007 is still transforming what it means to operate in thefinancial sector. But beyond the constant static of scrutiny where all have an opinion, you stillhave funds to manage, trades to make, markets to analyse, opportunities to develop plus risks

to offset. Thats why it makes good sense to work with a specialist insurance broking partner, ableto navigate a changing landscape and deliver tailored protection thats fit for your future.

A top UK commercial insurance broker, our financialinsurance solutions span the full spectrum of businessand finance-specific applications. Well help you

identify liabilities, cut costs, quantify risk and mitigatelosses across the following areas:

Professional Indemnity:protecting you againstclaims for performance or failure to perform

Directors and Officers Liability:protectingmanagement teams against claims by shareholders,employers, competitors, government and more

Crime:covering your organisation for dishonesty,fraud and other criminal losses

Cyber-Crime:covering your real-time digital transactionsfor malicious, fraudulent and criminal interference

Cyber and Data Liability:protecting you frommisuse of confidential or privileged data

Unauthorised Trading Liability:protecting youagainst breaches of fiduciary duty

Bankers Blanket Bond:protecting you against awide range of criminal acts carried out by employees

Public Offering of Securities insurance:protectingyou from liability for misstatements, omissions orpoor performance when raising additional capital

Warranty and Indemnity cover:covering youfor the liabilities of mergers and acquisitions, pluscompany sale and purchase agreements

Employment Practices Liability:protecting yourbusiness and assets from a wide range ofemployee claims

Keyman cover:protecting your business and profitsagainst losing an essential individual to prolonged

illness, or death General insurance:such as employers and publicliability, office and company fleet

Home and personal insurances:for high net worthindividuals within your team


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www.theovalgroup.com

Intelligent insurance solutions designedaround your business

Youll find all the financial insurance solutions and servicesyou need to help protect your business against the expected

and the unexpected alike. A team of specialists who speakyour language and blend the advisory, administration,technical and listening skills essential to delivering

effective protection.

A safe pair of hands:a partner you can trust, backedby experience, commitment, national reach and a proventrade credit track record, able to meet the exacting riskneeds of your business

Market momentum:a combination of size, attention todetail and demonstrable understanding of your industrymeans insurers trust us and are keen to work with us.

We negotiate hard on your behalf, with a core focus on

delivering performance solutions that you can rely on atthe moment of truth

Entrepreneurial attitude:working with some of theUKs leading specialist insurers, we proactively developbespoke covers and policies that address the emerging

risks you face for instance data security andcyber threats

Partnership approach:a total commitment tounderstanding your business sits behind our long-standing client relationships

Fast, expert problem solving:were proud of ourreputation and we are committed to providing a quick

response that makes the most of our cumulative risk andinsurance expertise

Competitively priced quotes, services and deals:our lean business model keeps our structure flat andoverheads down, helping us deliver value for money

Expert claims handling:we dont outsource claimshandling thats why youll always receive a prompt,no-hassle service from our expert, in-house and UK-basedclaims handlers

So, if youd like to make your financial insurance policieswork harder and more effectively for your business then

come and talk to Oval. When it comes to increasingcertainty for your business, were all you need to know.


At Oval, we invest in our people. We have drawn togetherexperienced, high calibre professionals who blend the

advisory, administration, technical and listening skillsessential to delivering the exceptional levels of insight,service, continuity, agility and pitch-perfect performance

you demand. Importantly, we keep workloads manageableso our people have the time and scope to stay close to yourneeds, develop the relationships and deliver the high service

standards and innovation you expect.


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Oval Insurance Broking LimitedRegistered Office:9 South Parade,

Wakefield, WF1 1LR

Registered in England No: 01195184

Authorised and regulated by theFinancial Conduct Authority.

www.theovalgroup.com


About Oval Insurance Broking

With offices across the UK, Oval Insurance Broking (Oval) isthe specialist insurance and advisory partner of choice forthousands of organisations and individuals across a range of

disciplines and industry sectors.

From general insurance to sector-specific requirements, the

strength of Oval lies in designing bespoke, dynamic andcompetitive risk solutions that fit your needs. Our insuranceand risk specialists take the time to understand those needs,

simplifying risk to deliver a consistently innovative, highstandard and high performance service that adds value,capability, agility and a competitive edge to your business.

For more information, visit us at www.theovalgroup.com

Would you like to talk?

If you have any questions or would like to explore how you

can make your insurance work harder for your organisation,were here to help.

Call: 0800 612 6223

Or email: [email protected]

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