The liability of actors in the banking and financial professions is regularly sought for issues such as failing to inform, advise, or caution, mismanagement, debtor-in-possession financing (soutien abusif) in France, etc. This phenomenon, favoured by a complex and changing regulatory environment, is a growing problem spurred by the economic and financial crisis.
As a result of, for example, an IT incident or a fire, a bank may also suffer a temporary interruption or degradation of service and experience a loss of banking activity.
To handle these types of claims, insurers and their policyholders must be able to count on loss assessors with expertise in the different areas of banking and applicable regulations, who are capable of analysing the inner workings of financial products and calculating bank losses. Our experts’ experience working for large banking groups gives them unique insight into this sector’s issues.