top of page

Get Started.

Experience the


Banks & Financial Institutions

Your institution is no stranger to risk, especially in a business environment that features stiffer competition and more regulation than ever before. In times like these, it’s crucial to have a reliable, experienced insurer on your side that understands the ins and outs of your institution’s operations.


Our insurance specialists know the specific risks associated with financial institutions, from common "slip-and-fall" claims to far more complex, evolving, and perhaps unknown perils. Oxford Millin's Community Bank Program  can help you obtain coverage for a wide range of exposures to help you reduce your potential gaps in coverage. The program includes:


  • Directors and Officers Liability

  • Employment Practices Liability

  • Bankers Professional Liability (Including Lender Liability)

  • Crime (Financial Institution Bond)

  • Fiduciary Liability

  • Trust Errors and Omissions Liability

  • Kidnap and Ransom

  • Internet Liability

  • E-Commerce Extortion Threats

  • Computer Property

  • General Liability

  • Auto Liability

  • Workers Compensation

  • Property Insurance


Trust Liability


A residence managed by the trust department of a bank could be sued over an alleged slip-and-fall accident on the residence property. Insurance covers defense expenses and settlement costs or damage awards associated with a liability lawsuit.



Mortgage Impairment


Mortgaged property that was uninsured, due to cancellation by the borrower’s insurer, could be damaged or destroyed. Insurance covers the mortgage holder’s interest resulting from direct physical loss or damage to mortgaged property, paying for the unpaid principal balance and accrued interest on the mortgage.



Foreclosed Property


A residence that has been foreclosed upon by the bank could suffer severe storm damage. Insurance covers the adjusted outstanding mortgage balance, as well as any additional mortgage-related expenses.



See What You Could Save


Get a quote by calling us at 631-434-6666 (NY) or 215-517-7590 (PA) and learn more about commercial insurance through Oxford Millin’s Community Bank Program.

bottom of page