Investment Management Insurance

Volatility of financial markets can expose investment managers to attack when a fund underperforms. Liabilities can also arise from violation of management contracts, mismanagement, failure to supervise and misrepresentation or even wrongful employment practices. The structure and inter-relationship of investment management companies and investment funds creates a myriad of potential claims. Investment managers are likely to owe duties, as both company officers and as professionals, to shareholders, investors, employees and third parties. One mistake or event may lead to claims from any or all of those parties. IMI insurance covers both the investment fund and investment manager against civil liability for investment advisory services, directors and officers liability, and wrongful employment practices liability.