Banks are subject to the most stringent of regulatory environments.
Shareholder lawsuits, dishonest employees, dissatisfied customers, compliance oversights and cyber-crime are just some of the myriad of risks faced by organisations in the sector.
Volatility in financial markets, heightened regulation, dependence on technology and increasing standards of corporate governance all contribute to an environment of greater operational and legal risk for banks.
The insurance market offers a wide range of risk transfer products to mitigate the impact of these risks to the bottom line, ranging from established policies such as crime and professional indemnity to cutting edge capital mitigation solutions such as political and credit risk insurance.
Innovation and enterprising spirit is the core of the entire business. Combined with exceptional service, that is what Howden is all about.
We consider claims throughout the entire client journey, from initial policy selection to final claim resolution. It is not just when a loss occurs that our claims expertise applies, it is an inherent part of everything that we do.
Our claims specialists work alongside our sector teams to ensure that they are an integral part of the client relationship. By handling claims in-house we are able to guarantee a consistent level of service and responsiveness, which everyone is committed to.