Writing coverage for banks and other financial institutions requires confidence, experience, and deep industry knowledge. A single overlooked exposure can lead to significant losses for your client. U.S. Risk Financial Services specializes in protecting financial institutions with tailored insurance solutions that address complex and evolving risks. Our dedicated team of insurance and risk management specialists will help you place accounts with confidence.
Overview of the Program from U.S. Risk
U.S. Risk Insurance Group offers a comprehensive Financial Institution Insurance program designed to meet the unique needs of banks, credit unions, and other financial entities. With access to over 100 insurance markets, we provide brokers and agents with competitive coverage options and expert underwriting support, making it easier to secure the right protection for your insureds.
Ideal Accounts and Appetite
We are looking for a broad range of financial institutions, including:
- Community and regional banks
- Credit unions
- Trust companies
- Mortgage lenders and servicers
- Finance companies
Whether you have a small community bank or a growing financial services firm, our program is designed to scale with the size and complexity of your client’s operations.
Coverage Highlights and Advantages
We offer a suite of coverages specifically designed to address the exposures faced by financial institutions:
- Directors & Officers (D&O) Liability
- Employment Practices Liability (EPLI)
- Cyber Liability
- Fiduciary Liability
- Bankers Professional Liability
- Computer Crime
- Lender Liability
- Financial Institution Bond
In addition to broad market access, our services include:
- Individual consultation to identify and address client-specific risks
- Training and support for retail agency staff and their clients
- Market negotiation for optimal terms, conditions, and pricing
Underwriting Notes and Minimum Premiums
Minimum premiums vary depending on the size, class, and coverage selected. As an Excess & Surplus Lines Broker, U.S. Risk offers both admitted and non-admitted solutions, giving you flexibility to find the best fit for your client’s needs. Accounts are evaluated individually, with a focus on risk profile, loss history, and operational controls.
Territories and Availability
This program is available in all 50 states and the District of Columbia, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY.
Why Work With U.S. Risk?
U.S. Risk brings decades of experience in financial institution insurance and a strong reputation for service and results. Our team acts as your partner, providing expert guidance, responsive support, and access to a wide network of specialty carriers. When you work with us, you gain more than a market—you gain a strategic ally focused on helping you protect your clients and grow your book of business.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Our program is ideal for community banks, credit unions, trust companies, mortgage lenders, and finance companies of varying sizes.
What coverages are included in the program?
We offer D&O, EPLI, Cyber Liability, Fiduciary, Bankers Professional, Computer Crime, Lender Liability, and Financial Institution Bond coverage options.
Do you offer access to both admitted and non-admitted markets?
Yes, we provide access to all available markets, including both admitted and non-admitted carriers, depending on the account and coverage needs.
What support do you provide to retail agents?
We offer individual risk consultations, agency staff training, and support throughout the placement process to make sure your clients get the best possible coverage.
Is this program available nationwide?
Yes, the program is available in all 50 states and the District of Columbia.
Need help placing an account? Connect with a market specialist.