If you're looking for Mortgage Bankers/Brokers Blanket Bond, or Mortgage E&O, or Professional Indemnity insurance, you're in the right place. We've just renewed our binding authority for these lines of business, 100% underwritten at Lloyd’s, with effect from 14th August. Holding the pen means we can usually speed up the process of putting cover in place, and we can issue the documentation straight away too, helping ensure you retain your client.

The main characteristics of this programme are as follows:

  • 100% Lloyd’s Security (A.M. Best rating A (Excellent))
  • Competitive pricing
  • 24-hour quote turnaround
  • Full compliance coverage 
  • Standalone Professional Liability (broad form) options
  • No requirement for membership of The Mortgage Bankers Association
  • Minimum premium: US $2,000
  • Limits available: US $3,000,000 (excess limits and reinstatements available)
  • Prior acts coverage available
  • Minimum deductible: US $15,000 each and every claim 
  • Colorado Division of Real Estate extension endorsement providing individual coverage per licensed broker of US $300,000 aggregate/US $100,000 each loss in excess of US $5,000 deductible
  • Social Engineering extension endorsement available with sub-limits up to US $500,000
  • Certificates issued immediately upon binding

Amwins Global Risks also offers Financial Institution Blanket Bond and Commercial Crime Insurance, with the following features:

  • 100% Lloyd’s Security (A.M. Best rating A (Excellent))
  • 48-hour quote turnaround
  • Primary or excess
  • Minimum premium: US $15,000
  • Limits available: US $5,000,000 (excess limits and reinstatements available)
  • Broad manuscript coverage available
  • Bonds and commercial crime coverage is available for all classes of business 
  • Full limits and standalone social engineering

This facility has been put into place by the Professional and Financial Risks team at Amwins Global Risks. We focus on a variety of financial lines products including, but not limited to, Directors & Officers’ Liability, Crime & Computer Crime Insurance, Errors and Omissions Liability and Employment Practices Liability.