Asset Management PROtect℠

Professional liability and/or management liability package offering investment advisers access to various coverages under one admitted policy.

    Table of Contents

  1. Highlights
  2. Resources

Coverage Highlights

  • Professional liability
  • Management liability

May include:

  • Entity regulatory coverage
  • Certain pre-claim defense costs
  • Cost of corrections extension
  • Broad definition of investment advisory services
  • Vicarious liability extension for acts of third parties

Definitions

  • Protection for claims arising from:
    • Investment adviser professional liability
    • Investment adviser management liability
    • Investment fund liability
    • Private fund liability
    • Employment practices liability
  • Insureds include:
    • Investment advisers
    • Investment consultants
    • Wealth management firms
    • Mutual funds including closed-end funds and exchange-traded funds
    • Hedge funds
    • Private investment funds
    • Alternate investment funds
    • Real estate advisers
    • Real estate investment trusts (REITs)

Specialized Claims Handling and Risk Management Services

  • Dedicated team of in-house claims attorneys with deep experience in high-value, complex claims and settlements focused on the asset management business
  • Fully integrated and strong collaboration with Argo Pro underwriting team
  • Strong relationships with top-tier law firms
  • Human resources and employment law support through the Argo Resource Center online hub

Coverage is always subject to all of a policy’s terms and conditions. This is a summary of certain key aspects of coverage. Review the policy form for complete terms and conditions. Products are underwritten by U.S. insurers that are members of Argo Group. Some products are only available through an authorized surplus lines insurer.

Resources

Contact

For more information about Asset Management PROtect℠, please contact:

Steve Boughal

Head of Argo Pro

212-607-8862 Email Steve Boughal

Rich Fachet

Senior Vice President, Head of Financial Institutions

212-607-8882 Email Rich Fachet

Patrick McGinley

SVP, Professional Liability Claims

212-607-8812 Email Patrick McGinley
How to Report a Claim

Default Title

Default Copy