The breadth and level of professional indemnity insurance coverage is most important for the banking sector and their employees and officers, as well as the coverage in case of external and internal fraud. All professionals involved in the banking sector need to be aware of the way that these policies have been subjected to recent judicial scrutiny, legislation and regulations. This seminar will provide an overview of BBB and PI insurance in the banking sector and the key terms in the documentation, whereas it will offer all updates on case law and offer clear guidance on how the usual conditions and exemptions apply.