Dwight Rudd Insurance is the Preferred Partner of the Massachusetts Bankers Association

Bringing insurance expertise to financial institutions
in New England for over 30 years.

Expertise in Bank Operations Insurance

Directors & Officers Liability Coverage provides any directors and officers of the institution with personal protection for liability and financial loss.  There is no standard directors and officers liability policy, so let us help you craft a customized solution that meets the unique needs of your organization.

Employment Practices Liability Coverage responds if an employee sues your bank for harassment, discrimination, wrongful termination, and other employment-related matters.

Financial Institution Bond coverage protects your bank against fraudulent acts committed by employees and customers. The policy automatically covers all bank employees and future employees when the bond is issued.

Cyber & Data Breach Coverage responds in the event of a cyber event or data breach that either impacts your organization directly or affects your clients, employees or another third party. In an era where most financial institutions have a meaningful online presence, this coverage is more important than ever.

Mortgage Impairment Policies protect your bank’s interest in real property if the property is damaged or destroyed and the borrower has insufficient hazard insurance. This coverage is crucial for any institution involved in property lending.

Card Issuers Insurance provides coverage for losses that occur as a result of fraudulent use of debit, credit, and ATM cards issued by your bank.

Forced Place Insurance secures hazard insurance for real property when your borrower fails to do so. Both commercial and residential loans are included in this essential coverage.

Comprehensive Commercial Insurance Coverages to meet the additional needs of your financial institution. We can provide a customized solution for your bank, including general and umbrella liability, property, workers’ compensation, business auto, business interruption, and flood policies. Learn more here.

“During this period of intense risk management, it is also important to know that we can rely upon our broker to provide assistance in determining the appropriate levels, types of coverage, and additional emerging coverage in the banking industry.”

Sandra L. McGoldrick
President/CEO, Winter Hill Bank, FSB

We are here to help.
Learn how we can reduce your bank’s exposure to risk.