Financial institutions and emerging technologies have a close relationship, and advancements in technology have significantly impacted the financial services industry over the past few decades. These emerging technologies have transformed the way financial institutions operate, deliver services, manage risks, and interact with customers.
Conversely, Private Equity (PE) and Venture Capital (VC) firms play a critical role in funding and supporting startups and early-stage companies that are working on innovative and disruptive technologies. Through their involvement, PE and VC firms have an inherent interest in the risk management of their investee companies.
At Continuum we work with a range of financial institutions, helping with their insurance requirements and those of their investments. With clients in the major financial hubs of Asia we have the experience to ensure you are confident when working with us.
Who do we work with?
- Private Equity
- Venture Capital
- Hedge Funds
- Asset Managers
- Banks
- Stockbrokers
- Insurance Companies
- Insurance Brokers
What insurance should Financial Institutions consider ?
Why should Financial Institutions consider insurance?
Insurance is a crucial risk management tool for Financial Institutions helping them safeguard their assets, protect against potential liabilities, and maintain their financial stability in an unpredictable business environment. It is important for each firm to carefully assess its specific risks and insurance needs to tailor an insurance portfolio that suits their unique requirements.
Risk Mitigation
Insurance helps mitigate various risks that businesses face. It provides financial protection against unexpected events or losses that could otherwise have a significant impact on the company’s operations and financial health.
Protection of Assets
Insurance coverage safeguards the investee company’s assets, including physical property, equipment, inventory, and intellectual property. In case of damage, theft, or other covered perils, insurance helps the company recover the value of its assets.
Compliance Requirements
Certain industries and regulatory bodies mandate specific insurance coverages. To comply with legal and contractual obligations, investee companies must obtain the necessary insurance policies.
Protection for Directors and Officers
The investors may place their Directors and officers of the investee company may purchase D&O insurance to protect their personal assets from legal actions taken against them in connection with their roles and decisions as company executives.
Liability Coverage
Investee companies often purchase liability insurance to protect themselves from potential legal claims or lawsuits. This can include general liability insurance, professional liability insurance, product liability insurance, and more.
Cybersecurity Protection
Cyber insurance is becoming increasingly essential as businesses face the growing threat of cyberattacks and data breaches. It helps cover the costs associated with recovering from a cyber incident, such as data recovery, customer notifications, and legal expenses.
Why work with Continuum?
Continuum is focused on helping Financial Institutions, from fund managers and private equity to traditional banks and insurance companies. Our in-depth knowledge of both the industry and the appetite of insurers allows to advise clients on the appropriate solutions to help them protect their business and offer value to their clients. We take a client-centric approach, appreciating that insurance may be a future requirement rather than an immediate need and advise on the timing of policy inception as well as helping with payment schedules and budgeting.
We have significant experience of working with a wide range of Financial Institutions in both developed and emerging Asia. Apart from the insurance, we also offer Risk Advisory Services that can help Financial Institutions better understand their own and their investee company’s risks.
Choose your industry to find the coverage that suits you
Web 3.0 & Emerging Technology
Crypto, Digital Assets & NFTs
Financial Institutions
EduTech and E-Learning
Fintech, Insurtech and DeFi
Tech Start Ups and Developers
Digital Health and MedTech
