Financial Lines
Financial Lines insurance protects companies and individuals from financial loss arising from management decisions, professional mistakes, data breaches, fraud, or regulatory action.
It’s designed for businesses, directors, officers, professionals, trustees, and financial institutions who need comprehensive protection against governance and professional risks.
Our Services
1 / Directors & Offices (D&O) Liability
Summary: Protection for company leaders accused of wrongful acts in managing the business.
Details: Covers legal defence costs, settlements, and damages. Includes Side A (individual cover), Side B (company reimbursement), and Side C (entity cover for securities claims).
2 / Professional Indemnity (PI) / Errors & Omissions
Summary: Safeguards professionals against negligence or service errors.
Details: Covers defence costs and compensation for financial loss suffered by clients. Designed for lawyers, consultants, engineers, IT providers, and similar professionals.
3 / Cyber Liability / Data Protection Insurance
Summary: Protection against cyberattacks, data breaches, and privacy violations.
Details: Covers data recovery, legal costs, regulatory fines, and crisis-management expenses, including ransomware and notification support.
4 / Crime Insurance & Fidelity Guarantee
Summary: Defence against internal or external financial crime.
Details: Covers losses from employee dishonesty, fraud, theft, forgery, or computer crime. Can extend to third-party crime such as vendor or contractor fraud.
5 / Employment Practices Liability (EPL)
Summary: Protection from employee-related claims.
Details: Covers allegations of wrongful termination, discrimination, or harassment. Often offered as an extension to D&O policies.
6 / Fiduciary / Pension Liability Insurance
Summary: Safeguards trustees and plan administrators.
Details: Covers mismanagement or errors in employee benefit schemes, including pension and retirement funds.
7 / Financial Institutions (FI) Insurance
(including Fintech and Investment Managers - IMI)
Summary: Tailored protection for banks, investment firms, and financial entities.
Details: Combines Bankers Blanket Bond (BBB), Professional Indemnity, D&O, and Cyber & Crime Insurance, customised for financial institutions and fintechs.
8 / Public Offering of Securities Insurance (POSI)
Summary: Protects against claims during IPOs or bond issues.
Details: Covers companies and directors against allegations of misleading statements or omissions in offering documents.
9 / Transactional Risk Insurance
Summary: De-risks mergers and acquisitions.
Details: Includes Warranty & Indemnity (W&I), Tax Liability, and Contingent Risk Insurance — protecting buyers and sellers from unknown liabilities in corporate transactions.
Market Overview
The Financial Institutions insurance market addresses the complex risk environment faced by banks, investment managers, private equity firms, and fintech companies. With increasing regulation, cyber threats, and operational challenges, tailored insurance is essential to protect against professional liability, fraud, and governance exposures.
Fintech and digital transformation have expanded the scope of risks, requiring innovative cover beyond traditional banking protections. As financial institutions operate globally, insurers must balance regulatory compliance with evolving threats such as cybercrime and political risk.
Demand for bespoke solutions continues to grow as the financial sector expands into new markets and technologies.
