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
Maria
Farrugia

Associate

Latest news and insights

The London cargo market continues to prove its stability to assureds in 2024 due to increased capacity, new entrants trading more actively since early 2023, a relatively static January reinsurance treaty renewal season, and more balanced profitability booked over the past few years. However, insurers’ reaction to geopolitical conflicts may require creative solutions and persistent negotiations to ensure appropriate protection.Cargo market remains stable amid global conflicts

Unlocking the future of UK build-to-rent

The Build-to-Rent (BtR) sector continues to grow apace in the UK, with rising demand for rental housing. This is good news for developers, but to break new ground in BtR first requires an ability to juggle persisting economic challenges, and to overcome significant resistance at local and national levels of government. In this context, a blueprint for success may lie in collaboration with sector partners, both to leverage support for BtR and refine a future model of best practice.The Build-to-Rent (BtR) sector continues to grow apace in the UK, with rising demand for rental housing. This is good news for developers, but to break new ground in BtR first requires an ability to juggle persisting economic challenges, and to overcome significant resistance at local and national levels of government. In this context, a blueprint for success may lie in collaboration with sector partners, both to leverage support for BtR and refine a future model of best practice.

Reducing the risk and potential impact of a product recall

Product recall events are on the rise. To avoid both the financial and reputational cost that comes with them, businesses should seek to understand and address the factors that can trigger an event and the potential consequences.  Product recall events are on the rise. To avoid both the financial and reputational cost that comes with them, businesses should seek to understand and address the factors that can trigger an event and the potential consequences.

Steven Goldenberg joins Lockton leadership team as Executive Vice President, Operations

Steven Goldenberg joins Lockton leadership team as Executive Vice President, Operations  Steven Goldenberg joins Lockton leadership team as Executive Vice President, Operations
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