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.

PRODUCTS AND SERVICES

Global Financial Institutions

Visit our portal (opens a new window)

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

We found Lockton to be very impressive and clearly able to negotiate better policy wording that we currently had in place. We were extremely pleased to have them guide us through that process and leverage their relationships to the best of their abilities

James Weaver

Partner, COO Downing LLP

Our team

Placeholder image

Calvin Barnes

Partner
calvin.barnes@lockton.com
+44 20 7933 2390

Placeholder image

Stephen Ambidge

Partner
stephen.ambidge@lockton.com
+44 20 7933 2466

Placeholder image

Brian Horwell

Producer
brian.horwell@lockton.com
+44 20 7933 2846

Placeholder image

Richard Ellis

Producer
richard.ellis@lockton.com
+44 20 7933 1127

Placeholder image

Gareth Abbott

Senior Vice President
gareth.abbott@lockton.com
+44 20 7933 2252

Download our brochure

Our bespoke protection is amongst the broadest and strongest in the insurance market and has been tried and tested when it matters to provide the indemnification you rely on from an insurance contract.

Global Financial Institutions Brochure
PDF1898 KB

News and Insights

Interest rates, inflation impact credit and political risks

article
As the global economy continues to feel the effect of the global pandemic and the ongoing war in Ukraine, world economies are now also facing a need to balance interest rates with rising inflation. Leading economists and central banks must deliberate on how be ...