Specialist insurance brokerage for financial institutions
Your coverage decisions deserve a specialist who considers the claim.
Your program needs more than a new set of quotes each year. It needs specialist judgment, clear thinking about the decisions made, and preparation for the loss that may test them.
Send one issued policy ahead, including declarations and endorsements. In one hour, we examine its wording and discuss the other points of our annual 8-Point Stress Test using what you describe. You keep the findings and a fix list for that policy whether or not you appoint LION.
One hour. No obligation. Confidential. Your current broker is not contacted. You keep the findings.
Prefer a 15-minute introduction first? Discuss your insurance program. No policy required.
Mark "FLIP" Flippen
Founder, LION Specialty
25+ years in insurance.
20+ years specializing in financial institutions.
Specialist judgment for your coverage decisions.
When you appoint LION, the relationship extends across placement, renewal, and Claims Advocacy. Mark "FLIP" Flippen, a financial institutions specialist for more than 20 years, founded LION Specialty. As a client, you work directly with FLIP on coverage and market decisions. The 150-day renewal process and the annual 8-Point Stress Test keep the reasons behind your program's structure current.
Why start with the claim?
Early in his career, before LION, a serious claim made the human consequences of insurance decisions clear to FLIP. The lesson shaped how he approaches placement: consider the carrier's behavior, negotiate the wording, and prepare the reporting path while there is still time to act.
Placement decisions that mattered when claims arrived.
Examples from our founder's career, including work before LION.
$55M → $70M
A $55 million final offer became a $70 million recovery.
Carrier selection included claims behavior.
A directors-and-officers denial reversed.
A notice provision negotiated at binding changed the coverage position.
A cyber loss paid in full.
The wording named the vendor dependency that failed.
Across our founder's career, more than $250 million recovered across hundreds of financial institution claims over two decades.
What LION does after you appoint us.
These services describe the ongoing brokerage relationship after you appoint LION. The free assessment produces findings and a fix list for the policy you send.
Access
Relevant U.S., London, and Bermuda markets, accessed through a consortium of global partners and approached with a submission that explains the institution.
Intelligence
Limits, retentions, pricing, and structure compared against peer institutions, paired with loss modeling, and carrier judgment that makes the recommendation understandable.
Process
Renewal begins 150 days before expiration; bindable options arrive 30 days out. The annual 8-Point Stress Test evaluates the program each year.
Claims Advocacy
Preparation before a loss. When a claim arrives, help with reporting and presenting the coverage position, follow-up with the carrier, and a judgment on whether further escalation is appropriate.
Stay informed between renewals.
The Friday Five Boardroom Brief carries the same discipline into the developments executives need to understand between renewals. Every Friday, three articles and three questions to take to your board.
Start with the policy you want to understand.
Send one issued policy ahead, declarations and endorsements included. In one hour you receive findings and a fix list for that policy. You keep both whether or not you appoint LION.
Prefer a 15-minute introduction first? Discuss your insurance program. No policy required.