Financial Institutions
Financial institutions seeking stability in a dynamic, highly regulated environment need steadfast support and solutions that help safeguard their assets, people, and reputation. With banking clients ranging from millions in assets to billions, we have proven experience building strategies that help protect and enhance performance.
FEATURED INSIGHTS
Cultivated expertise in your corner
Regulatory compliance, economic shifts, cybersecurity trends, operational challenges, and potential lawsuits – to achieve longevity and profitability, financial institutions need to remain nimble and hedge against multifaceted exposures. We understand the dynamics of the complex environment in which you operate and help you navigate industry trends, the insurance market, and global events, for proactive risk management aimed at protecting your assets and operations.
COLLABORATIVE PARTNERSHIP
Redefining the advisory experience
Partnering with us is more than transactional support – it’s a true collaboration. We’ll put our decades of experience, credentials, connections, and credibility in both the insurance market and financial space to work aligning loss control strategies with solutions that match your distinct needs. As a true partner, you won’t just hear from us when it’s time for renewals – we’ll communicate with you throughout the year to work toward achieving optimal results and helping you navigate the insurance process, confidently.
RENEWED APPROACH
Minimizing risk, optimizing performance
From small firms to global entities, our dedicated team has experience in all areas of the financial industry and with the insurance products that best support these complex operations. We know how to bridge communication silos and engage with stakeholders to bridge knowledge gaps and gain a comprehensive view of your risk profile. Through our proprietary RiskMap process, we’ll work together to piece together the areas of risk that exist across your business, and implement loss control strategies, alternative risk solutions, and master programs that help keep you on the path of sustainable success.
Our financial institution clients include:
Banks
Credit unions
Government-sponsored agencies
Insurance Companies
Investment advisors/asset managers
Investment banks
Private equity firms
Securities brokers/dealers
Venture capital firms
Other diversified companies
TRUSTED PARTNERS
Exclusive Nasdaq collaboration
Our exclusive collaboration with Nasdaq enables us to create innovative and tailored D&O liability insurance programs and solutions for Nasdaq-listed companies, IPOs, and SPACs that incorporate both corporate governance initiatives and unique captive insurance risk transfer solutions.
FUNDAMENTAL SOLUTIONS
Customized to deliver powerful outcomes
You’re focused on improving margins, strengthening balance sheets, and increasing revenue. And we’re focused on keeping your insurance program as competitive as possible, without compromising your protection.
Cost of risk discovery
Known and unidentified risks can drive up your cost of risk. To help manage your cost, we’ll evaluate your risk landscape in its totality, then develop a prioritized, step-by-step plan that strives to reduce your total cost of risk.
Data driven strategies
Benchmarking is a tool that helps you understand industry norms and how your company aligns with them. We help you determine the optimal insurance limit levels by type of risk, using a combination of benchmarking and loss event severity analysis.
Claims management
You can count on our in-house claims team to provide prompt intervention, clear communication, and expert assistance to help you resume operations as quickly as possible in the event of a claim. We’ll also recommend loss prevention strategies that can help prevent similar claims scenarios from reoccurring.
COVERAGE SNAPSHOT
Products designed to perform
Together, we’ll put our expertise and industry relationships to work helping you access leading products that are designed to align with your needs, goals, and possibilities for the future. Consider these coverage options:
- Property insurance
- General liability
- Directors & Officers (D&O) liability
- Fiduciary liability
- Crime liability
- Employment practices liability
- Cyber liability
- Workers’ compensation
- Environmental liability
- Errors & omissions (E&O) liability
- Excess FDIC
- Excess SIPC
- Fidelity bonds
- Surety bonds
- Mail insurance
- Mortgage impairment insurance
- Outside directorship liability
FOCUSED CAPABILITIES
Elevated solutions, best-in-class coverage
Discover new possibilities for your business with our dedicated Centers of Excellence that are focused on your more specific needs.
THE BALDWIN GROUP INSIGHTS
Stay in the know
Our experts monitor your industry and global events to provide meaningful insights and help break down what you need to know, potential impacts, and how you should respond.
Your journey begins here
When you decide to partner with us, you choose to protect your business and open the door to new ventures and opportunities.