Family Office Insurance
Fidens recognizes the specific needs of family offices and offers modular packages to help protect the respective firms and represented families.
Family offices uniquely act as directors and professional advisors and, similarly, are exposed to lawsuits alleging professional negligence, trust agreement infringements, and failure to adequately manage investments. They have considerable risks, which in many cases are due diligence finds glaring covering gaps in their insurance programs that involve Directors & Officers, Trustee, Errors & Omissions, Crime, Cyber & Privacy, and Employment Practice Liability exposures.
This is further compounded by the professional hazards that have progressed in the past decade. It is critical that the family office’s insuring clauses are modified in the same breadth.
Fidens focuses on identifying and securing against the liabilities faced by the families and their respective representatives.