Do sponsor-bank requirements override what carriers will offer?

They often do. We size Cyber and Crime limits to the sponsor-bank schedule first, then confirm market capacity before binding.

Is a fidelity bond the same as Crime coverage?

They overlap. Sponsor banks usually want a Financial Institution Bond form, which is broader than a standard Commercial Crime policy.

Industry Deep-Dive · 10 min read

Insurance for Fintech Companies: Compliance-Driven Coverage

Fintech insurance is shaped by regulators, sponsor banks, and payment networks more than by carrier preference. The coverage stack reflects that.

Coverage stack

Cyber + Tech E&O combined form. Crime / Fidelity bond (often required by sponsor banks). D&O with regulatory investigation coverage. Funds-transfer fraud sublimits aligned to transaction volume.

What sponsor banks ask about

Specific limits on Cyber + Crime. Background-check + compliance program documentation. BSA/AML controls. Vendor management for third-party integrations.