Get your FREE, in-depth Observation Report today.
At Wesfair, helping Asset Management companies fulfill their insurance needs is our bread and butter.
How can our services benefit you? By providing Wesfair with your current insurance policies, we’ll create a complimentary, in-depth review of your current insurance program through a robust Observation Report. This report includes a summary of insurance, detailed list of strengths and weaknesses, and our experts’ recommendations.
What’s better? You can also file it for free!
The reports put together by the Wesfair team can be filed by an Asset Manager as your company’s due diligence… for free!
Let us get started.
Let us get started on your Observation Report by clicking here to contact our team.
It’ll only take a few simple next steps for us to complete the process:
You provide your current insurance policies to Wesfair for us to review.
Our team will present you with a complimentary Observation Report, covering all the bases.
We’ll then get your authorization to reach out to top carriers and programs for review.
Finally, our team will present a competitive offering of available insurance coverage, including a robust Coverage Comparison Report.
Founded in 1932, Wesfair has been servicing the Financial Industry for decades. From investment advisors and broker dealers to alternative asset managers. Our clients have evolved as the industry has. Today, our asset management client base ranges from $100M to $20B of assets.
Our expertise spans the entire industry:
Professional Liability – Errors & Omissions, Directors & Officers
Non-Custodial ERISA/Fiduciary Fidelity Bonds
Commercial Crime/Fidelity Bond
Employment Practices Liability
Commercial & Property Liability
We work with over a dozen of the top carriers writing insurance in the Financial Service space. In fact, we have access to programs that are designed specifically for asset managers providing manuscript forms and broadening endorsements. We work closely with our clients to help educate them on the products offered, how they respond to the risks in the industry, and obtain competitive coverage options.
There is one thing that all our clients have in common: They want a broker who is engaged and up to date on the latest in the industry. Many clients have not spoken to their broker in years except to renew policies. If an issue arises, it is kicked to a new contact not familiar with the account or the insurance carrier directly.
Wesfair prides itself on working closely with our clients to educate them and provide a high touch solution for their insurance needs. We analyze and provide recommendations on best practices that relate to your firm’s risk mitigation and controls. With Wesfair, you get brokers who have walked in your shoes and understand your business.
We don’t just say we specialize in Financial Services, we lived it. Our team knows the asset management industry best, with focuses on:
Mutual Funds and Exchange Traded Funds
Real Estate Investment Trust
Other Investment Managers & Family Offices
Meet the team behind Wesfair’s industry specific expertise:
Dan is a CPA who spent over 6 years of his career at Ernst & Young as a Manager in Financial Services. During his time at EY, Dan focused on auditing Hedge Funds, Private Equity Funds, Fund of Funds and on Internal Control reporting. Before joining Wesfair in 2014, Dan worked in Private Equity as an Assistant Controller who oversaw the accounting and finance of Opportunistic Credit Funds. Since joining Wesfair in 2014, he has focused on bringing comprehensive insurance solutions to this industry.
Jacob is a CPA who spent 5 years in public accounting focusing on Real Estate, Credit Hedge Funds and Private Equity Funds. Before joining Wesfair in 2018, Jacob worked at one of the largest Alternative Asset Managers in the world for 5 years, where he was responsible for overseeing the day to day finance and operations of 12 funds with over $5 billion in assets under management. Additionally, Jacob worked closely with corporate management to reassess the companies control framework and develop new processes to create efficiencies and mitigate risk.