Asset Management PROtect℠
Professional liability and/or management liability package offering investment advisers access to various coverages under one admitted policy.
Coverage Highlights
• Built-in third-party cyber coverage
• Regulatory investigations coverage included in the definition of claim
• Pre-claim defense costs for management liability
• Built-in cost of corrections
• Broad definition of investment advisory services
• Protection for claims arising from:
– Investment adviser professional liability (including third-party cyber liability)
– Investment adviser management liability
– Investment fund management liability
– Employment practices liability
– Fiduciary liability
– Private fund liability
Appetite & Availability
Targeted risks
• Investment advisers
• Wealth management firms
• Mutual funds, exchange-traded funds, close-end funds
• Hedge funds
• Private real estate funds
Additional Information
Specialized Claims Handling
• In-house seasoned claims handling group with deep experience in high-value, complex claims and settlements
• Fully integrated with Argo Pro underwriting team
• Strong relationships with top-tier firms