Financial Lines

Our experienced and innovative Financial Lines team have over 75 years' collective underwriting experience and offer coverage to clients ranging from SME businesses to listed multi-nationals.

About This Product

Core Appetite

  • Financial and Commercial Institutions (Primary and Excess)
  • All activities (commercial and financial)
  • All types of entity (Publicly traded / Private / Not for Profit)

Neon will consider both insurance and reinsurance risks.

Coverage

  • Financial Institutions Professional Indemnity  Financial protection against liability for financial loss to a third party, caused by a negative act, error or omission by an insured
  • Bankers’ Blanket Bond / Electronic Computer Crime – Employee fraud, dishonesty, theft and forgery within Financial Institutions
  • Investment Management Insurance (IMI) – Professional and managerial liabilities of investment managers, funds or advisers
  • Commercial Crime – Employee fraud and specified fraudulent acts committed by third parties
  • Directors’ & Officers’ Liability Insurance – Personal liability faced by the management and board arising from carrying out duties for and/or on behalf of the company they serve (companies of all sizes and types, whether in commercial or financial fields)
  • Employment Practices Liability  Employer coverage against employee claims alleging discrimination, wrongful termination, harassment and other employment-related issues (Commercial and Financial clients)
  • Public Offering Securities Insurance (POSI) – Enabling companies to ring-fence long-term exposures associated with securities offerings
  • Pension Fund Trustees’ Liability – Insuring pension trustees, employees, employers and the pension fund itself against civil liabilities and criminal penalties

Maximum Line Sizes

  • Financial Institutions Professional Indemnity – USD 10,000,000
  • Bankers’ Blanket Bond/Electronic Computer Crime – USD 10,000,000
  • IMI – USD 10,000,000
  • Commercial Crime – USD 10,000,000
  • Directors’ & Officers’ Liability Insurance (Commercial and Financial) – USD 30,000,000
  • Employment Practices Liability (Commercial and Financial) – USD 30,000,000
  • Public Offering (POSI) – USD 30,000,000
  • Pension Fund Trustees’ Liability – USD 30,000,000

Geographic focus

  • United Kingdom
  • Europe (East & West)
  • Canada
  • Australia
  • Asia
  • Latin America
  • Africa
  • Middle East

Neon can underwrite in any country where Lloyd’s is licensed to trade.

Clients

We offer coverage to clients ranging from SME businesses to large listed multi-nationals.

Why choose Neon for Financial Lines?

At Neon, we offer a truly bespoke approach to the needs of both the insured and the producer.

We have extensive and strong broker relationships (including non-Lloyd’s), a daily underwriting presence at Lloyd’s, and offer dedicated, prompt and responsive service, with expert claims handling.

Information Requirements

Please contact one of our team of experienced underwriters and we can discuss your transaction needs with you.

Contacts - London

Charles Boorman

Head of Financial Lines

+44 (0)20 7488 7774 charles.boorman@neonuw.com

Roberto Murru

Underwriter

+44 (0)20 7488 7748 roberto.murru@neonuw.com

Rebecca Love

Underwriter

+44 (0)20 7488 7670 rebecca.love@neonuw.com

Joanna Din

Underwriter

+44 (0)20 7488 7634 joanna.din@neonuw.com

Patrick Mitchell

Underwriter

+44 (0)20 7488 7645 patrick.mitchell@neonuw.com

Louise Parker

Underwriter

+44 (0)20 7488 7624 louise.parker@neonuw.com

Contact - Guernsey

Nigel Brand

Underwriter &
CEO, Neon Sapphire

+44 (0)14 8172 0223 nigel.brand@neonsapphire.gg

Contact - Claims

James Sterling

Claims Manager

+44 (0) 20 7488 7778 james.sterling@neonuw.com

General Enquiries

For all enquiries not related to specific underwriting teams or claims,
please call +44 (0)207 488 7700, email hello@neonuw.com or tweet @Neon_UW