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.

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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

The property fire risk of cars and associated enclosed parking areas has changed significantly over recent decades, increasing the risk of a large loss. Many modern vehicles have increased in size and incorporate bigger quantities of combustible materials such as plastics and other synthetic materials. New vehicle technologies have introduced innovative fuel sources such as electric batteries which can change the burning characteristics and required firefighting strategies. The design of car parks has also changed, introducing features such as sloped floors or technology to increase parking capacity such as car stackers.Inside Risk: Sprinkler protection in enclosed parking structures

Inside Risk: Sprinkler protection in enclosed parking structures

article
The property fire risk of cars and associated enclosed parking areas has changed significantly over recent decades, increasing the risk of a large loss. Many modern vehicles have increased in size and incorporate bigger quantities of combustible materials such ...
Read moreInside Risk: Sprinkler protection in enclosed parking structures

Conveyancers: protecting against property fraud

At its simplest , property fraud is a form of identity fraud targeting conveyancers and their clients in property transactions. Conveyancing firms are a prime target for such frauds, owing to the large volume of client monies held, along with long-term increases in property values. Thankfully, by being aware of key red flags and undertaking rigorous due diligence, firms can protect themselves from potential claims.At its simplest , property fraud is a form of identity fraud targeting conveyancers and their clients in property transactions. Conveyancing firms are a prime target for such frauds, owing to the large volume of client monies held, along with long-term increases in property values. Thankfully, by being aware of key red flags and undertaking rigorous due diligence, firms can protect themselves from potential claims.

Mergers and acquisitions: key considerations for FCA-regulated businesses

In the increasingly competitive landscape of financial services, mergers and acquisitions (M&A) have become essential strategies for growth, expansion into new markets, and bolstering capabilities. However, professional service M&A transactions come with unique challenges and considerations. In particular, UK firms must navigate compliance with the Financial Conduct Authority (FCA), which may impact the structure and success of any transaction. Understanding and considering these factors is critical to ensuring the success of such deals.In the increasingly competitive landscape of financial services, mergers and acquisitions (M&A) have become essential strategies for growth, expansion into new markets, and bolstering capabilities. However, professional service M&A transactions come with unique challenges and considerations. In particular, UK firms must navigate compliance with the Financial Conduct Authority (FCA), which may impact the structure and success of any transaction. Understanding and considering these factors is critical to ensuring the success of such deals.

Law firms: digital assets and blockchain risks

From blockchain-based payment systems to clients’ token offerings, law firms are increasingly finding themselves giving advice around digital assets, blockchain, and other forms of distributed ledger technology (DLT). Given the evolving regulatory landscape, law firms must be knowledgeable and straightforward on the advice they provide to clients.From blockchain-based payment systems to clients’ token offerings, law firms are increasingly finding themselves giving advice around digital assets, blockchain, and other forms of distributed ledger technology (DLT). Given the evolving regulatory landscape, law firms must be knowledgeable and straightforward on the advice they provide to clients.
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