Insurance & Risk Assessments 4 Banks, LLC Email Format
InsuranceRhode Island, United States0-1 Employees
Insurance & Risk Assessments 4 Banks, LLC operates as an independent consultancy focused on bank-specific insurance and risk management. It was established in response to the FDIC's October 2013 guidance on Directors and Officers liability insurance and the related questions about coverage. The firm notes that outside directors and officers of FDIC-insured banks can face personal liability, and that an appropriately structured D&O policy is a central tool for addressing these risks when indemnification may be limited. Based in Greenville, Rhode Island, the company serves financial institutions and their boards as a bank-focused risk management resource. With a very small staff, it provides guidance on protecting individual executives and directors from personal exposure through D&O coverage.