Professional Liability Insurance

As a critical component of a bank’s overall enterprise risk management approach, ABA Insurance Services offers a full suite of professional liability coverage designed specifically for banks operating in today’s complex business environment, including Directors & Officers with related endorsements, Employment Practices, and Trust Services for banks with trust powers and operating trust departments.

D&O Coverage Resources

D&O Coverage Checklist*                          D&O Coverage Overview*


Coverage Name Summary* Specimen*
Directors & Officers Liability (D&O)
Endorsements    
Bankers Professional Liability (BPL)
Broad Form Company Liability (BFCL)
Brokerage Services Liability
Employment Practices Liability Endmt
Fiduciary Liability
Insurance Services Liability
Lender Liability
Record Protection
Trust Services Endorsement
Wealth Management Liability
Standalone (approved all states)
Employment Practices Liability
Trust Services Liability

* Documents are applicable only for those states where the 2017 D&O policy has been approved, as indicated in "blue" on the map above. For coverage summaries and sample policies for all other states, please contact your ABA Insurance Services' underwriter or email marketing@abais.com

Professional Liability/Bond Applications

 
Blue States approved for D&O policy rolled out 11/2017:
Applications for AL, AR, AZ, CT, DC, DE, GA, HI, IA, IN, KY, ME, MI, NC, ND, NE, NH, NJ, NM, NV, PA, RI, SD, TN, UT, WI, WV, WY
For banks with assets < $150 Million    
For banks with assets > $150 Million    
White States: Applications for AK, CA, CO, FL, ID, IL, KS, LA, MA, MD, MN, MO, MS, MT, OH, OK, OR, SC, TX, VA, VT, WA
For banks with assets < $150 Million    
For banks with assets > $150 Million    

NY specific applications
For banks with assets < $150 Million    
For banks with assets > $150 Million