Bankers Insurance Service - Directors & Officers Liability
​Directors & Officers Liability
Downloadable Forms and Applications
Application [PDF]
Fact Sheet [PDF]
Mortgage Banker/Broker Insurance Needs [PDF]
Bankers Insurance Service Product Guide [PDF] 
Who to Contact
Tom Delaney​
P: (312) 381-3722
Sam Ackerman
Chief Underwriting Officer
P: (312) 381-3770
Product Details
Protects individuals against suits arising from their role as a director or officer of the firm.

Available Features Include:

  • Policy designed specifically for privately held mortgage banking companies

  • "Pay on behalf" language

  • Definition of claim includes written or oral demands for damages or other relief

  • Automatic coverage of new subsidiaries if their assets are less than 25% of the parent company's assets

  • Improper establishment of corporate policies

  • Improper establishment of employment policies

  • Misrepresentation to investment bankers

  • Failure to comply with SEC regulations when selling or registering mortgage-backed securities

  • IPO & private placement misrepresentation

  • Shareholder disputes

  • Policy is non-cancelable by the underwriter, except for non-payment of premium

    If you would like additional information, please fill out this short form.

a division of Financial & Professional Risk Solutions, Inc.TX Lic# 15890 In California: FPR Insurance Solutions, Inc. (License No.: 0G83953)