Products

FINANCIAL INSTITUTIONS

Financial Institutions Professional Indemnity

Protects businesses and professionals from the financial consequences of their legal liabilities to third parties arising from a breach of professional duty. Certain professional bodies require their members to buy this type of protection, such as stockbrokers or securities dealers. Most financial institutions purchase this type of cover to protect themselves from litigation from clients or other third parties alleging breaches of professional duties.

Coverage Capacity per Product Line
Worldwide
(excluding the U.S.)

GBP 10.0M
EUR 15.0M
USD 15.0M
CAD 17.5M
AUD 25.0M

(or equivalent in other currencies)
Per insured and per class of business.
Lloyd’s Hours
Lloyd’s of London
Gallery 2, Boxes 252 & 253

Hours Daily
11:00 am to 1:00 pm | 2:30 pm to 4:30 pm
COMMON QUESTIONS
Are there any territories that are outside of appetite?

We do not write Bankers Blanket Bonds in Mexico, but we can still consider Financial Institution Professional Indemnity and D&O there. We do not write business in Colombia. We do not write business in Egypt.

Aside from these specific examples and territories where we are prohibited from writing business, we are willing and able to consider a wide range of different territories and consider each risk and territory on a case-by-case basis.
Do you also consider crime outside of Financial Institutions?

Yes, within this team, we can write Crime for both Financial Institutions and commercial entities.
Contact Us
If you have any questions or comments regarding our products, services or company, please fill out this brief form and one of our representatives will respond.
Explore Newline’s Global Reach
Asia
Newline Group operates through various service companies in Asia, including Newline Asia Services Pte. Ltd., Newline Malaysia Limited and Newline Hong Kong Services Limited, offering localized and customized insurance services across the region.

Newline Asia Services Pte. Ltd, based in Singapore, opened for business on 1st May 2007 and acts as a service company for Newline Syndicate 1218, with authority to underwrite the full range of products offered. Newline Hong Kong Services Limited was established in December 2024, offering the full range of products offered by Newline Asia.

Our business platform includes Newline Malaysia Limited, a service company located in Labuan, a marketing office in Kuala Lumpur, and we also have a presence at Lloyd’s in Shanghai. To view these offerings, visit the Newline Underwriting Division page at Lloyd’s Insurance Company (China) Ltd.

We have the ability to issue direct insurance policies in Singapore and Hong Kong and facultative reinsurance across the Asian region.
Song Ju Lee
Assistant Underwriter
Australia
Headquartered in Melbourne with an additional office in Sydney, Newline Australia Insurance Pty Ltd was established in 2006 as a service company for Newline Syndicate 1218, with authority to underwrite the full range of products offered. It is wholly owned by Newline Holdings UK Limited and delivers tailored insurance solutions and local service to clients in Australia.
Linda Sepala
Head of Financial Lines
Canada
Newline Canada Insurance Limited was established in March 2018 and acts as a service company for Newline Syndicate 1218 at Lloyd’s, providing localized and customized insurance services as part of Newline Group’s global network, ensuring solid security and tailored coverage for clients in Canada.
Marco Zonni
Senior Underwriter
Germany
Newline Europe Versicherung AG, based in Cologne, was established in March 2019 and serves as Newline Group’s EEA insurance hub, providing specialized insurance products and sustainable solutions to the German-speaking market with a focus on local and individual customer support.

Prior to the establishment of Newline Europe, Newline opened a branch office of Newline Insurance Company Limited in Cologne in 2017 to give the German speaking market direct access to the specialized products and capabilities of Newline Group.
Frank Krusenbaum
Senior Underwriter
Mexico
The Latin America Division of Newline Group, headquartered in Mexico, was established in July 2019 and caters to clients throughout Latin America and the Caribbean, offering a range of insurance services and solutions.
Gerardo Mendoza
Senior Underwriter
United Kingdom
As the headquarters of Newline Group, London serves as the central hub for our operations, providing strong financial backing and regulatory oversight through Newline Syndicate 1218 at Lloyd’s, Newline Insurance Company Limited.
Caroline Smith
Head of Financial Institutions