Upload File

management liability and professional lines - qbe insurance...

  • Home
  • Documents
  • Management Liability and Professional Lines - QBE Insurance America/s/16851-SHEET-Family-Office_v4.pdf• Simple claim reporting requirements with no threat of a claim denial for late
2
Management Liability and Professional Lines Introducing The Solution for Family Office Policy Construction Each family office is unique and we have designed our policy so that our clients purchase only the coverages they need. • GTC – General Terms & Conditions • Family Office Liability Coverage – provides coverage for Family Office Services (including services performed as trustee of a Trust), Private Fund and Fund Manager • Directors & Officers and Entity Liability • Not-For-Profit Organization Directors & Officers and Entity Liability • Employment Practices Liability • Fiduciary Liability The Solution for Family Offices Our simplified policy offers the following key coverage features: • Family Office Services defined as any advice given or services performed for others by an insured, or on behalf of an insured by a service provider, for a fee, including services performed as trustee of a trust • Fund Services includes the selection, review, analysis and monitoring of other funds for investment by a Private Fund or the selection and oversight of outside service providers and unaffiliated investment advisers for or on behalf of a Private Fund • Company includes any Fund Manager, Trust, Private Fund and any entity which is a general partner or managing member of a Private Fund • A non-rescindable policy • Non-cancelable by QBE except for non-payment of premium • Full worldwide coverage – wrongful acts anywhere, claims brought anywhere • Simple claim reporting requirements with no threat of a claim denial for late notice, unless QBE is materially prejudiced • Insured has settlement authority up to 100% of retention • No hammer clause • Policy exclusions applied to loss on account of that portion of a claim and fully severable • No fees exclusion • Final, non-appealable adjudication – conduct exclusion • Advancement within 60 days without question when an indemnification request is unheeded • Coverage for formal regulatory proceedings or investigations • Automatic coverage for acquisitions and new subsidiaries during the policy period The Solution is available for publicly traded entities, private companies, non-profits and financial institutions. QBE’s management liability portfolio policy – The Solution – is a market-leading portfolio product that allows an entity to build an insurance program in one policy for all of its management and professional liability exposures. Coverages include Errors & Omissions Liability, Directors & Officers Liability, Employment Practices Liability and Fiduciary Liability. The Solution for Family Office was specifically-designed to meet the management and professional liability needs of family offices, either single-family or multi-family.

Upload: others

Post on 09-Jan-2020

1 views

Category:

Documents


0 download

Report

TRANSCRIPT

Page 1: Management Liability and Professional Lines - QBE Insurance America/s/16851-SHEET-Family-Office_v4.pdf• Simple claim reporting requirements with no threat of a claim denial for late

Management Liability and Professional LinesIntroducing The Solution for Family Office

Policy ConstructionEach family office is unique and we have designed our policy

so that our clients purchase only the coverages they need.

• GTC–GeneralTerms&Conditions

•FamilyOfficeLiabilityCoverage–providescoverageforFamily

OfficeServices(includingservicesperformedastrusteeofa

Trust),PrivateFundandFundManager

•Directors&OfficersandEntityLiability

•Not-For-ProfitOrganizationDirectors&Officersand

EntityLiability

•EmploymentPracticesLiability

•FiduciaryLiability

The Solution for Family OfficesOursimplifiedpolicyoffersthefollowingkeycoveragefeatures:

•FamilyOfficeServicesdefinedasanyadvicegivenorservices

performedforothersbyaninsured,oronbehalfofaninsured

byaserviceprovider,forafee,includingservicesperformed

as trustee of a trust

• FundServicesincludestheselection,review,analysisand

monitoringofotherfundsforinvestmentbyaPrivateFund

or the selection and oversight of outside service providers

andunaffiliatedinvestmentadvisersfororonbehalfofa

PrivateFund

• CompanyincludesanyFundManager,Trust,PrivateFund

and any entity which is a general partner or managing

memberofaPrivateFund

• Anon-rescindablepolicy

•Non-cancelablebyQBEexceptfornon-paymentofpremium

•Fullworldwidecoverage–wrongfulactsanywhere,claims

broughtanywhere

•Simpleclaimreportingrequirementswithnothreatof

aclaimdenialforlatenotice,unlessQBEismaterially

prejudiced

•Insuredhassettlementauthorityupto100%ofretention

•Nohammerclause

•Policyexclusionsappliedtolossonaccountofthatportion

ofaclaimandfullyseverable

•Nofeesexclusion

•Final,non-appealableadjudication–conductexclusion

•Advancementwithin60dayswithoutquestionwhenan

indemnificationrequestisunheeded

•Coverageforformalregulatoryproceedingsorinvestigations

•Automaticcoverageforacquisitionsandnewsubsidiaries

during the policy period

The Solution is available for publicly traded entities, private companies, non-profits and financial institutions. QBE’s management liability portfolio policy – The Solution – is a market-leading portfolio product that allows an entity to build an insurance program in one policy for all of its management and professional liability exposures. Coverages include Errors & Omissions Liability, Directors & Officers Liability, Employment Practices Liability and Fiduciary Liability.

The Solution for Family Office was specifically-designed to meet the management and professional liability needs of family offices, either single-family or multi-family.

Page 2: Management Liability and Professional Lines - QBE Insurance America/s/16851-SHEET-Family-Office_v4.pdf• Simple claim reporting requirements with no threat of a claim denial for late

Underwriting AppetiteAllrisksconsideredwithlimitsupto$10million.

Claims• In-house,dedicatedspecialtyclaimsadjustorswith

productexpertise,industryspecialization,anda

commitmenttosuperiorservicepre-lossandpost-loss

• Exclusivelegalpanelprovidesclientswiththehighest

quality legal advice

• Easyclaimreportingat

[email protected]

Management Liability and Professional Lines (MLPL)• The Solutionisdesignedtobereadilyadaptableto

emergingbusinesstrends.ItsGeneralTermsand

Conditionssectionisuniformforallcoverageparts.

• Underwritersaverage20yearsintheMLPLspace

withindustryspecializationtohelptailorpoliciesthat

are right for each client.

• FindoutmoreaboutMLPLandfindourforms

at qbena.com/mlpl.

QBE North America OperationsAtQBE,we’remakingiteasierforproducerstoaccessour

peopleandourproductssotheycanmeetthespecialized

needsofthenichemarketsweserve.Here’show:

• Proprietaryproducts

• Superiortechnicalandunderwritingacumen

• Deepexpertisearoundriskmanagementneeds

ofspecificindustriesandcustomers

• Worldclassclaimsservicing

QBE Insurance Group

16851-SHEET(10-17)

QBE North America is a division of QBE Insurance Group Limited, one of the world’s largest insurance and reinsurance companies.

We are rated A+ by Standard & Poor’s and A (Excellent) by A.M. Best.*

Located in 37 countries with over 14,000 employees worldwide, we are considered a leading underwriter within our chosen markets.

We are able to profitably meet the local and multinational risk management needs of commercial customers who trade on a global basis.

Ranked on Forbes Global 2000 list of public companies and, in 2016, had a worldwide gross written premium of $14.4 billion.

*Learnmoreaboutratingsguidelinesatstandardandpoors.com and ambest.com. QBEandthelinkslogoareregisteredservicemarksofQBEInsuranceGroupLimited.AllcoveragesunderwrittenbymembercompaniesofQBE.©2017QBEHoldings,Inc.

Cara Sweeney AVP,FinancialInstitutions [email protected] 212.805.9796

Dennis Kearns SVP,FinancialInstitutions [email protected] 646.341.8022

Jose Lopez AVP,FinancialInstitutions [email protected] 770.226.1893

Marc Tauber VP,FinancialInstitutions [email protected] 646.341.8047

Mackenzie Parke SeniorUnderwriter, FinancialInstitutions [email protected] 646.341.8081

Stacey Meade VP,FinancialInstitutions [email protected] 312.803.3504

Sharon Raksnis VP,FinancialInstitutions [email protected] 212.894.7893

QBE North America55 Water Street New York, NY 10041Tel: 212.422.1212qbena.com

mailto:[email protected]
http://www.qbena.com/mlpl
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
http://qbena.com

Rehabilitation QBE Issues Forum

QM2348 Management Professional Liability Insurance for ... · QBE Insurance (Australia) Limited is a member of the QBE Insurance Group (ASX: QBE). QBE Insurance Group is Australia’s

QBE European Operations Sponsorship

Trades Package - insuranceratemonitorsinsuranceratemonitors.com.au/Forms/QBE Trade Pack PDS.pdfQBE Insurance (Australia) Limited is a member of the QBE Insurance Group (ASX: QBE)

Transport Operators Glove Box Guide Claim Kit Box Guide... · of your choice. • Complete a QBE claim form. • Leave your vehicle and the claim form with the repairer, who will

QBE Formula - 7-25-2011 DOE QBE Overview

2020 - QBE Insurance

QBE Insurance Group Limited ASX Code: QBE Price: $10.78 · PDF fileBusiness Summary QBE Insurance Group (QBE) is an international general insurance and reinsurance group underwriting

QBE at a glance UK · QBE Insurance Group Limited A– [negative] A– [negative] bbb [negative] QBE Insurance (Europe) Limited A– [negative] a [negative] QBE Re (Europe) Limited

QBE Presentation to UMAL

Newsletter - QBE/media/qbe/files/about-qbe/newsletters/... · festive season and look forward to ... Personal Accident product covers employees while travelling ... organisations

QBE Aviation AirlineGuide

QBE Liability PDS

QBE Insurance (Australia) Limited Insurance Markets and ...arthurjgallagher.s3.amazonaws.com/qm1715-0119_imar_tradie_policy_web.pdf · claim, or both. If your failure to tell us is

User Guide v3 - QBE

SUPPLEMENTARY PRODUCT DISCLOSURE STATEMENT · QBE Insurance (Australia) Limited is a member of the QBE Insurance Group Limited ABN 28 008 485 014 (ASX: QBE). QBE Insurance Group is

QBE Insurance (Australia) Limited Street Fleet Motor Insurance• QBE About QBE Australia QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545 is a member of the QBE Insurance

QBE Steadfast Wording PDS

Injury Management Handbook - Statewide Insurance Brokersstatewideinsurance.com.au/wp-content/uploads/2015/05/... · 2018-02-28 · Workers Compensation Claim Form QBE is committed

QBE Fire Insurance Policy...A member of the worldwide QBE Insurance Group QBE Fire Insurance Policy QBE INSURANCE (MALAYSIA) BERHAD welcomes you as a Policyholder and we take this

QBE - Reinsurance Brochure

QBE Liability Roundup

Query-by-Example (QBE)

Predict. Prepare. Protect. - QBE Insurance Group Ltd. | QBE

QBE-HKSI Claim Form - Insur-Union · 2011-08-15 · QBE HONGKONG & SHANGHAI INSURANCE LIMITED A member of the worldwide QBE Insurance Group 1 17/F, Warwick House, West Wing, Taikoo

ANZ CAR INSURANCEANZ Car Insurance is underwritten by QBE Insurance (Australia) Limited (QBE) ABN 78 003 191 035 (AFSL 239545). QBE is a member of the QBE Insurance Group Limited ABN

QBE Group History and structure. 2 Contents Page nos QBE Group’s vision3 How QBE was formed4 QBE Group – Operations overview5 QBE Group Underwriting

QBE European Operations Technical claims brief › frontdoor › resources › qbe... · QBE Technical claims brief — November 2015 3 High Court limits boundary of Vicarious Liability

QBE European Operations Investor and Analyst Day ... Media/ASX... · QBE Insurance Group Limited ... QBE European Operations Investor and Analyst Day presentation ... Service Disruption

QBE INSURANCE GROUP LIMITED MARKET … Media/QBE... · qbe insurance group limited market announcement qbe announces acquisition of winterthur us holdings inc ... net loss net commission

QBE Insurance Group Ltd. | QBE

ANZ HOME INSURANCE · 2020-05-30 · ANZ Home Insurance is underwritten by QBE Insurance (Australia) Limited (QBE) ABN 78 003 191 035 (AFSL 239545). QBE is a member of the QBE Insurance

Qbe Corporate Brochure

180911 - QBE LMI

QBE Commercial Property PDS