Lockton’s dedicated Financial Institutions Insurance Practice is made up of industry experts, who provide intelligent and alternative coverage solutions to help you protect your balance sheet. Placing advocacy and agility at the core of our approach, our specialists utilise a deep understanding of our clients’ financial activities, articulating these in the best possible light to the global insurance market.

— PRODUCTS AND SERVICES

Global Financial Institutions

Bespoke insurance and risk solutions for financial institutions

In an increasingly litigious, highly-regulated and ever-changing economic environment, financial institutions have never faced more pressing risks than they do today. In order to tackle these, businesses require insurance protection that is truly tailored to their individual risk profiles.

Lockton’s dedicated Financial Institutions Practice is made up of industry experts, who provide intelligent and alternative coverage solutions to help you protect your balance sheet. Placing advocacy and agility at the core of our approach, our specialists utilise a deep understanding of our clients’ financial activities, articulating these in the best possible light to the global insurance market. We’ll then co-ordinate with A-rated insurers to craft a tailored programme that insulates our clients from any potential risk.

As a broker with global capabilities, not only do we understand your specific requirements, we also know how your world is developing. We have the market leverage required to secure substantial, uncompromised and affordable insurance coverage. Plus, our skilled claims technicians will advocate tirelessly for you in the event of an allegation against your business.

What we bring to your business

What we cover

  • Dedicated account management

  • Comprehensive, cost-effective financial insurance

  • Compliance with local regulations and any contractual requirements; eg AIFMD, MiFID II/MiFIR, UCITS regime, NPPR and Basel II

  • Financial risk management solutions

  • In-house claims team

  • Industry experts to interrogate the standard conditions against the full suite of coverage, from operational to the corporate

  • Unparalleled market access

  • Independent benchmarking

  • Analytics to calculate your cost of risk and evaluate retention vs transfer options

Our services

  • Directors’ and officers’ liability

  • Professional Indemnity

  • Crime

  • Cyber 

  • Office contents insurance

  • Employers’ liability

  • Public liability

  • Business liability

  • Business travel

  • Employee benefits

Related products and services

  • W&I Insurance

  • Cyber

  • Office Insurance

  • Private Clients

  • Employee Benefits

  • Claims Consultancy

Lockton Financial Institutions Contacts

Nina
Haug
Senior Vice President
+47 934 11 065
Email
Maria
Farrugia
Associate
Email

Latest news and insights

Mid-life employees (ages 44-59) are likely to find their pensions impacted further than other generations, and a significant number may not have saved consistently enough for a comfortable retirement.How employers can support mid-lifers to build financial resilience

How employers can support mid-lifers to build financial resilience

article
Mid-life employees (ages 44-59) are likely to find their pensions impacted further than other generations, and a significant number may not have saved consistently enough for a comfortable retirement. The induced stress from this scenario could impair employe ...
Read moreHow employers can support mid-lifers to build financial resilience

Law firms: should you purchase a wills bank?

A wills bank is a centralised storage system for original wills and estate planning documents, often used by law firms to manage and safeguard clients' testamentary documents. Purchasing a wills bank can provide law firms with long-term client retention and business opportunities. However, it also comes with regulatory responsibilities under the Solicitors Regulation Authority (SRA) Code of Conduct and potential implications for your insurance. In this article we explore the advantages and disadvantages of purchasing a wills bank, the compliance and insurance risks to consider, and how risk mitigation can help you overcome some of the disadvantages detailed below.A wills bank is a centralised storage system for original wills and estate planning documents, often used by law firms to manage and safeguard clients' testamentary documents. Purchasing a wills bank can provide law firms with long-term client retention and business opportunities. However, it also comes with regulatory responsibilities under the Solicitors Regulation Authority (SRA) Code of Conduct and potential implications for your insurance. In this article we explore the advantages and disadvantages of purchasing a wills bank, the compliance and insurance risks to consider, and how risk mitigation can help you overcome some of the disadvantages detailed below.

Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident. This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks. Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs. The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident. This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks. Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs.

Law firms: unlocking the benefits of effective management

Recent years have seen a positive shift in the legal sector: from coping with stress, to making the workplace a better and more supportive place to work. But despite some signs of change, many firms continue to struggle when it comes to delivering effective management. Solving this problem can be hugely beneficial, not only helping to avoid stress among staff, but also mitigating people and compliance risks, and supporting efforts to attract and retain staff.Recent years have seen a positive shift in the legal sector: from coping with stress, to making the workplace a better and more supportive place to work. But despite some signs of change, many firms continue to struggle when it comes to delivering effective management. Solving this problem can be hugely beneficial, not only helping to avoid stress among staff, but also mitigating people and compliance risks, and supporting efforts to attract and retain staff.
See all news and insights

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Get in touch