Financial Lines and Professional Risks


These are our principal areas of operations, investigating claims from a range of institutions, including banks, investment houses, stockbrokers, financial advisers, accountants, insurance brokers and government bodies, under such policy types as:

  • Bankers’ Blanket Bond
  • Plastic Card Cover
  • Professional Indemnity/Errors and Omissions
  • Directors’ and Officers’ Insurance
  • Public Servants’ Liability

Sample Cases

  • Multi-million USD bills of lading & letters of credit fraud perpetrated on banks in UAE and across the Middle East.
  • USD 90m infidelity loss in Korea, involving letters of credit.
  • EUR 2.5m procurement fraud at a bank in Moscow.
  • Counterfeit letters of credit in South Africa.
  • Rogue foreign currency trading in Poland.
  • Safe deposit box burglaries in Norway, Spain and Colombia.
  • “Ideological forgery” claims. Loss of credit funds through forgery of land registry documents in Bolivia.
  • USD 20m infidelity by agency manager in Bogotá who started embezzling funds via fictitious loans.
  • USD 1.4m parallel banking infidelity in Ukraine.
  • USD 1.5m “trading loss” after advancement of funds against un-cleared items of deposit in Venezuela.
  • Plastic card claims and reviews for Visa and MasterCard operators in Colombia, Lebanon and Turkey.
  • GBP multi-million mis-selling claims against UK financial institution in respect of regulated investment bonds.
  • Professional negligence claim against an architect involving the design/build of a holiday villa in Malta.
  • Mis-selling claims against financial advisers with regard to the sale of unregulated financial products.
  • USD multi-million litigation against Korean office of international accountancy practice.
  • Allegations of breach of trust and monopoly legislation in Brazil by a local fibre optic cable provider against the directors and officers of an international telecommunications company.
  • Allegations of negligence against a UK investment house regarding erroneous sales of equities and derivatives.
  • Claim against stockbrokers in Greece over handling of rights issues.
  • Litigation against the stock exchange of a Latin American country arising from expulsions of members from the exchange.
  • USD 15m investigation by the National Controller’s Office of Colombia into the purchase and operation of a television subsidiary by senior public servants at a major utility corporation.