Built on Counterpart’s Agentic Insurance™ platform, the new program brings specialized underwriting, in-house claims, and tailored coverage to small and midsize financial service firms.

Counterpart, the first Agentic Insurance™ platform for management and professional liability, today announced the launch of its Financial Institutions Liability offering, marking its 11th specialty insurance program and seventh expansion since July 2025. The new offering will serve investment advisers, financial planners, private equity and venture capital firms, hedge funds, private funds and financial consultants against claims arising from management decisions, professional services and fiduciary responsibilities.

Available exclusively through wholesale brokers, the offering provides primary and excess coverage with limits up to $5 million. Coverage can be structured through blended and private equity-specific policy forms, with Directors & Officers (D&O), Employment Practices Liability Insurance (EPLI) and fiduciary liability available on a standalone or packaged basis. A dedicated team of financial services underwriters, claims professionals and actuaries deliver comprehensive protection and responsive service.

"Traditional underwriting economics have made it difficult for insurers to give smaller financial institutions the same level of attention as their larger counterparts," said Tobias Schuler, Chief Underwriting Officer. "Our technology changes that equation by allowing underwriters to spend less time on process and more time applying their expertise and judgment. That means we can deliver sophisticated, specialized coverage to a market segment that has been underserved.

The new offering is led by Sean Gleason, Counterpart's Director of Financial Institutions, who brings more than 15 years of specialized insurance experience, including senior-level roles spanning management liability, professional liability and fund liability underwriting.

Counterpart's Financial Institutions Liability offering includes:

• Specialized liability coverage: Directors & Officers (D&O), Professional Liability, Private Fund Liability, Private Equity Liability, Employment Practices Liability Insurance (EPLI) and Fiduciary Liability.
• Enhanced executive protection: Coverage options for derivative demand investigation costs, inquiry costs, crisis costs, freedom costs, public relations expenses and asset protection costs.
• Coverage for emerging exposures: Affirmative professional liability coverage for AI-enabled services and technology-based products, available by endorsement.
• Flexible coverage options: Specialized policy forms and available endorsements addressing exposures such as books and records, certain lending activities and real estate activities.

“Financial services firms have vastly different risk profiles, and their insurance coverage should reflect that,” said Sean Gleason, Director of Financial Institutions at Counterpart. “We can tailor coverage to each firm’s unique needs, combining management and professional liability protections into a single policy while delivering faster, more responsive service to brokers.”

Counterpart's Financial Institutions Liability offering is available through wholesale brokers, subject to underwriting guidelines and applicable state availability. For more information, visit https://yourcounterpart.com/products/financial-institutions-liability or contact underwriting@yourcounterpart.com.

About Counterpart

Counterpart is the first Agentic Insurance™ platform, combining trusted insurance expertise with cutting-edge AI to deliver tailored management and professional liability solutions. By integrating Agentic Underwriting™, Agentic Broker Services™, Agentic Risk Mitigation™, and Agentic Claims Management™ into one powerful platform, Counterpart empowers brokers and the businesses they serve to Do More With Less Risk®.

Counterpart's specialty insurance products are backed by five A-rated insurance and reinsurance carriers.

To learn more, visit www.yourcounterpart.com.

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