Fund Managers

JLT recognise that fund and investment managers face unique risk challenges, requiring intelligent, innovative and effective solutions.

In 2009 JLT conducted a qualitative study to gain further insight in to this market. The purpose of the study was to discover how insurers had been affected by Madoff and the global sub-prime crisis and, in turn, how this would influence the cost and availability of insurance for UK fund and investment managers, in particular hedge funds.

The research discovered some significant (and surprising) variances in the scope of cover enjoyed by fund Managers.

Given the results of this research we strongly recommend that fund and investment managers carry out an independent policy 'health check' to ensure policy wordings and cover are adequate. For more information click here.

Seizure of IT Assets

The effects of the global recession will be felt for a number of years. This can be a breeding ground for the disgruntled employee who can cause damage to your computer network and the data that resides on it. Mergers and acquisitions can have a similar effect if employees do not find meaningful employment post the merger or acquisition.

Foreign governments are now fully exploiting the online world with malware that captures and relays confidential data. A report in 2009 stated that 'a number of countries are actively seeking UK information and material to advance their own military, technological and political gains'. The pandemic threat of a major 'denial of service attack' that could cripple key global data centres could pose a risk of many hours of unplanned downtime.

The increase in regulatory authority powers may result in the seizure of critical servers in the event your are involved in a security breach or data privacy breach or possibly involved in using pirated or unlicensed software thereby rendering parts of your network inoperable whilst an investigation is conducted.

JLT has developed a new and exclusive 'Unplanned Infrastructure' product for more information click here

JLT Contact Details

Paul Towler

Head of Financial & Professional
JLT Specialty Limited
6 Crutched Friars
London, EC3N 2PH
[T]: 020 7558 3327


Spotlight


State of the Market Report for Fund & Investment Managers

This paper is an update of our qualitative study in March 2009, 'The Emergence of a Two Tier Insurance Market'. This paper also includes a specially commissioned report from CMS Cameron McKenna LLP, 'Hedge Fund Managers: The Impact of the FSA's 2010 Agenda'.



Spotlight


The Emergence of a Two Tier Insurance Market

A qualitative study identifying how fund and investment managers can differentiate themselves and secure the best insurance renewal terms.


Events

JLT Events

JLT host a range of events throughout the year. To find out more click below.

More News