Munich Re Underwriting Limited

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Financial Lines

As of 1st of July 2016 Syndicate 457 commenced writing Financial Lines business.

The book comprises Financial Institutions business principally Small to Medium-sized Commercial, Retail & Savings Banks as well as Central Banks, Depositories, Funds & Stockbrokers. The account benefits from worldwide spread and main areas include Latin America, Caribbean, Middle East & Far East.

Another part of the book focuses on a well-established SME Professional Indemnity/Directors’ & Officers’/Management Liability business that distributes cover worldwide (excluding the US) through the London Market and regionally in the UK.

Coverage includes:

  • Bankers’ Blanket Bond comprising Employee Infidelity, Premises, Transit, Forgery as well as Computer Crime, FI Professional Indemnity and FI Directors’ &Officers’
  • Professional Indemnity – designed to protect an individual or company against claims made against them arising out of the provision of a professional service.
  • Management Liability/Directors’ and Officers’ – encompasses a number of products designed to provide management professionals with insurance protection when they have been accused by a third party of a wrongful act in connection with their business.


Sophie Fraser
Financial Lines Underwriting Manager
Telephone: +44 020 7886 3874

Michaela Minton

Senior Financial Lines Underwriter
Telephone: +44 020 7661 1110

Ben Coles
Assistant Underwriter
Telephone: +44 020 7886 3824


Syndicate 457 at Lloyd's, managed by Munich Re Syndicate Limited is authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

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