Canopius launches investment management cover
Canopius Group has launched an investment management product for asset managers, with the aim of responding to shifts in the risk landscape in the highly-regulated asset management sector.
What it coversBreach of dutyBreach of investment mandate / trade errorsCivil fines and penaltiesDefence costsErrors and omissionsFraud or dishonestyMisrepresentation and misstatementsNegligent investment decisionsNegligent management / board decisionsRegulatory investigationsIt offers protection for asset managers from a range of financial liabilities (see box). It claimed this product offers a robust safety net.
It provides indemnity limits up to a maximum of £10m.
Regulatory landscapeMatthew
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Dual to open two UK offices as McGinn’s regional push gathers pace