Financial Services

When people's money is your business, you are subject to a unique set of risks. An unintended mistake by a professional can result in a catastrophic errors and omissions lawsuit. Your company can be held liable for the actions of your employees, such as wrongful terminations, discrimination or harassment, potentially costing millions of dollars to defend. Even the health insurance, 401(k) and pension plan benefits you provide to your employees can result in claims against you, the fiduciary.

Our time-proven risk management techniques, including training seminars, executive briefings and educational brochures, mitigate the potential for protracted and expensive lawsuits and claims. Cost effective coverages above and beyond the typical property, general liability and auto liability policies complete your comprehensive risk management program. We are your one resource for insurance coverages including:

  • Directors & Officers Liability
  • Employment Practices Liability
  • Bankers Bonds
  • Professional Liability (includes cost of corrections)
  • Fiduciary Liability
  • Crime/Fidelity
  • Kidnap & Ransom
  • Workplace Violence
  • Contract Penalty
  • Trade Shows & Exhibitions
  • Contingent Business Interruption
  • Cyber Liability & Data Breach
  • Electronic Data Processing

Risk Control

Our in-house Risk Control specialists work with you to identify and resolve challenges, before they become expensive problems. Some of our most effective programs include:

  • Sexual Harassment Prevention Training
  • Hiring/Firing/Layoff Procedures
  • Ergonomic Evaluations & Training
  • Safety Program Development & Enhancement
  • Simulated OSHA Inspections
  • Contract & Lease Analysis

Claims Management

When claims do arise, our highly trained and experienced teams of property and casualty and workers' compensation claims professionals work with you to manage the process from beginning through conclusion. This leaves you more time to do what you do best -- run your business.

financial services money puzzle

“Time and again, SCM has demonstrated that they are looking out for the bank’s best interests as our strategic partner. We rest comfortably knowing that SCM is focused on our insurance needs, leaving us free to focus on the business of banking.”

- SVP & Director of Human Resources, Regional Bank