Bank D&O Insurance
Directors and Officers Liability Insurance provides financial protection for the directors and officers of your bank in the event they are sued in conjunction with the performance of their duties as they relate to the bank.

The bank D&O Insurance market is currently in a state of turmoil. With bank closings and the increase in suits against bank boards and management, adequate D&O coverage is more important now than at any other time in recent history.

Since D&O insurance is not subject to regulatory oversight, the quality of policy forms can vary significantly.  To make matters worse, underwriters can further restrict coverage to the point where the policy offers little meaningful protection.  It is possible for your carrier to place a Regulatory, Past Acts, and/or Classified Loan exclusion on your policy.

IBIS can steer you through the confusing language and help you find effective coverage.  We are also uniquely equipped to handle difficult-to-place banks that do not qualify for standard D&O coverage. A large percentage of our client banks are under some form of regulatory order. Unlike IBIS, the typical general broker does not have the expertise nor the market access to find adequate coverage and reasonable pricing for a bank in financial trouble.

Management Liability Coverages and Endorsements:

  • Directors & Officers Liability
  • Bankers Professional Liability (BPL)
  • Lender Liability
  • Employment Practices Liability (EPL)
  • Fiduciary Liability
  • Internet Banking Liability
  • IRA/KEOGH Liability
  • Broad Form Company Liability (BFCL)
  • Depositor Liability
  • Securities Liability
  • Trust Errors & Ommisions

Bank D & O Insurance

Call Us at

2520 E University Dr, Suite 103 • Tempe, AZ 85281
OFFICE: (480) 663-3778 | FAX: (480) 663-3154
Bank Insurance
An endorsed business partner of Western Independent Bankers