Liability Protection

Investment Management Insurance

Why Investment Management Insurance ?

Our Investment Management Insurance (IMI) policy is designed to protect investment managers, investment advisors and the funds managed against management and professional liabilities arising from the provision of investment services. This policy is also extended to protect investment managers and funds managed from theft by employees or third parties.

Our wording is a packaged policy comprising the following coverage(s):

  • Directors & Officers Liability Insurance (D&O) to protect individuals for specific management and personal liabilities.
  • Professional Indemnity Insurance (PI) for investment services offered by investment managers and advisors.
  • Crime Insurance to protect the investment managers and funds from theft by employees or third parties.

Coverage Highlights:

  • Covered individuals: investment managers, investment advisers, general partners, funds, sub-funds, its subsidiaries and its board of directors, investment committee and employees.
  • Covered act: Any act, error, omission, neglect, misstatement or misleading statement, breach of trust, breach of fiduciary duty or any dishonest acts of an employee in connection with any actual or alleged investment service provided.
  • Covered loss: Financial loss which the covered individual is legally liable, including the legal and professional expenses incurred in defending litigation or in a regulatory investigation and damages awarded by a court or any settlement entered. It is also extended to cover direct financial loss sustained from dishonest acts of an employee.


Contact Us

Contact your Relationship Manager
Contact your Relationship Manager
Call 2198 8000
Call 2198 8000


i. The above general insurance plan ("this Plan") is underwritten by Chubb Insurance Hong Kong Limited (“Chubb”) which is authorised and regulated in Hong Kong SAR by the Insurance Authority. Chubb reserves the right of final approval of the policy issuance. Hang Seng Bank Limited ("Hang Seng Bank") is registered as an insurance agency by the Insurance Authority (License No.: FA3168) and authorised by Chubb for distribution of this Plan. This Plan is a product of Chubb and not Hang Seng Bank. Upon application to this Plan, insurance premium will be payable to Chubb, and Chubb will provide Hang Seng Bank with commission and performance bonus as remuneration for distribution of this Plan. The existing staff remuneration policy on sales offered by Hang Seng Bank takes into account various aspects of the staff performance instead of focusing solely on the sales amount.

ii. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between Hang Seng Bank and the customer out of the selling process or processing of the related transaction, Hang Seng Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however, any   dispute over the contractual terms of the insurance product, underwriting, claims and policy service should be resolved directly between Chubb and the customer.

iii. The above information is intended to be a general summary for reference only. Please refer to the policy wording for exact terms, conditions and details of the exclusions.