financial lines

Financial Lines

Solutions to protect your business from potential liabilities

Financial Lines

Solutions to protect your business from potential liabilities

At a Glance

Chubb’s Investment Management Insurance (IMI) policy is designed to protect investment managers, investment advisors and the funds managed against management and professional liabilities arising from the provision of investment services. This policy is also extended to protect investment managers and funds managed from theft by employees or third parties.

Our wording is a packaged policy comprising the following coverage(s): 

  • Directors & Officers Liability Insurance (D&O) to protect individuals for specific management and personal liabilities.
  • Professional Indemnity Insurance (PI) for investment services offered by investment managers and advisors.
  • Crime Insurance to protect the investment managers and funds from theft by employees or third parties.
Key Coverage Features (summary)
  • Covered individuals: investment managers, investment advisers, general partners, funds, sub-funds, its subsidiaries and its board of directors, investment committee and employees.

  • Covered act: Any act, error, omission, neglect, misstatement or misleading statement, breach of trust, breach of fiduciary duty or any dishonest acts of an employee in connection with any actual or alleged investment service provided.

  • Covered loss: Financial loss which the covered individual is legally liable, including the legal and professional expenses incurred in defending litigation or in a regulatory investigation and damages awarded by a court or any settlement entered. It is also extended to cover direct financial loss sustained from dishonest acts of an employee.
How to Apply

Simply call our DBS Chubb Insurance Service Hotline at 3191 6618 or contact your Relationship Manager for more information.

Important notes:

  1. The above insurance plan is underwritten by Chubb Insurance Hong Kong Limited ("Chubb"). Chubb reserves the right of final approval. DBS Bank (Hong Kong) Limited ("the Bank", which expression includes its successors and assigns) is an insurance agent authorised by Chubb.
  2. DBS Chubb Insurance Service Hotline is a dedicated enquiry hotline for DBS customers serviced by Chubb.
  3. The Bank may receive commissions and incentives from Chubb as remuneration for marketing or promoting Chubb’s products.

Collection of Levy on Insurance Premium
The Insurance Authority (IA) has announced the collection of levy on insurance premium in accordance with relevant laws and regulations. Effective from 1 January 2018, all premiums shown in this webpage are subject to levy.  Find out more at www.ia.org.hk/en/levy.

The above information are the highlights of plan’s coverage only. For the plan's details, please refer to the terms and conditions and exclusions of the policy. In the event of any discrepancy between English and Chinese version, the English version shall prevail.