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

Lockton P.L. Ferrari is pleased to announce the appointment of Giulio Dragone as Head of Technical Advisory within its Asset & Bond Solutions practice, a specialist practice bringing together expertise across construction, real estate, infrastructure, natural resources, asset-related risks and surety solutions.Giulio Dragone joins Lockton P.L. Ferrari as Head of Technical Advisory within the Asset & Bond Solutions practice

Giulio Dragone joins Lockton P.L. Ferrari as Head of Technical Advisory within the Asset & Bond Solutions practice

article
Lockton P.L. Ferrari is pleased to announce the appointment of Giulio Dragone as Head of Technical Advisory within its Asset & Bond Solutions practice, a specialist practice bringing together expertise across construction, real estate, infrastructure, natural ...
Read moreGiulio Dragone joins Lockton P.L. Ferrari as Head of Technical Advisory within the Asset & Bond Solutions practice

Why executive security should be top-of-mind for digital asset companies

On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.

Live music: building resilience against political violence risks

Event cancellation typically stems from adverse weather or the non-appearance of artists and key personnel. However, stakeholders within the entertainment industry must also recognize the threat of political violence to live productions – particularly as the methods of threat actors evolve. Robust risk mitigation of violence at live events requires a holistic approach from all parties. Close collaboration and understanding of all contingencies and protections is critical to ensuring the safety of performers and spectators, alike. Event cancellation typically stems from adverse weather or the non-appearance of artists and key personnel. However, stakeholders within the entertainment industry must also recognize the threat of political violence to live productions – particularly as the methods of threat actors evolve. Robust risk mitigation of violence at live events requires a holistic approach from all parties. Close collaboration and understanding of all contingencies and protections is critical to ensuring the safety of performers and spectators, alike.

Lockton Marine Global War Maps - JWLA-033

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