Financial Institutions

Financial Industry Insurance

For decades, Cross Insurance has been the main insurance provider for many of the top banks and credit unions in the Northeast. Through our strong relationships with national carriers that focus on financial institutions, Cross is able to offer coverages specific to the risks of banks and credit unions.

Coverages for Financial Institutions


Financial Institution Bond

Professional Liability 

Employment Practices Liability 

Directors & Officers

Forced Placement Programs




Worker’s Comp

Examples of Financial Institutions We Insure


Credit Unions 

Hedge Funds 

Insurance Companies 

Types of Insurance Coverages for Banks 

By nature, banks are exposed to risks on many levels and must consider a risk management strategy that addresses these diverse risks. Professional Liability Insurance is a staple coverage for many companies in the financial industry. Other coverages to consider as a bank are Workers’ Compensation Insurance, Employment Practices Liability Insurance, General Liability Insurance, and Umbrella Liability Insurance. If you have an advisory committee or corporate board, you should consider Directors and Officers Insurance. Commercial Crime coverage can provide coverage for loss of money caused by burglary, fraud, or forgery.

As cyber criminals engineer new attacks, businesses should have plans in place for dealing with data breaches, including considering cyber coverages. Not all cyber coverage plans are designed the same, and your bank may have different coverage needs than other businesses.

About Us

When it comes to managing your risk, you need someone in your corner who understands the unique risks of your business and industry. At Cross Insurance, we have been insuring businesses throughout the Northeast for decades. We represent insurance carriers that are trusted names in the business to negotiate commercial insurance, employee benefits, and bonds.