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

Financial Institutions

Protecting your future success

In today’s fast-changing, highly regulated financial landscape, businesses like yours face many risks. From protecting your assets to managing data security threats, there’s a lot to think about. To safeguard your future success, you need tailored insurance protection and a risk partner who truly understands your needs. That’s where we come in. With global reach and deep sector expertise, we’re powerful advocates for your interests. Working side by side with your team, we create comprehensive insurance solutions that protect you against current and future risks.


Your business, our expertise

We free you to focus on what matters most: your future success. This empowers you to take your business forward, safe in the knowledge that your risks are expertly managed.

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Exceptional service

Full-service support from people who know and care about your business. Our team works closely with you to ensure your business interests are protected.


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Total claims support

Our team offers personalised guidance through every claim, ensuring you navigate challenges confidently.


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Cover that fits

We match your unique needs with comprehensive, compliant, tailored policy wordings. Our market access and insurer relationships give you access to specialised coverage options.


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Managing your risks

We give you the tools to manage risk effectively. Independent benchmarking and analytics enable you to assess true risk costs and make fully informed decisions on retaining or transferring risk.


Perfectly tailored protection

To learn more about how we protect organisations like yours in the financial services sector, with covers like PII, D&O, Crime and Cyber, click on the link to download our brochure.

Download now

We support organisations like yours:

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

Asset Managers

Private Equity and Venture Capital Firms

Wealth Managers

Fintechs

Digital Assets

Neobanks

Banks

Building Societies

Family Offices

Fund Managers

Investment Banks

MGAs

Insurance Companies

Corporate Service Providers

Real Estate Asset Managers

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Financial Institutions FAQs

The umbrella term financial institutions encompasses a wide range of organisations within the broader financial services market. From asset managers to private equity and venture capital firms, from banks and insurance companies to aircraft leasing firms, these are typically businesses involved in managing, protecting and growing assets. The financial institutions sector includes entities providing investment management, financial planning, banking, insurance, real estate advisory, and innovative financial technology solutions. It serves individuals, families, corporations, and institutions, offering services like wealth management, asset allocation, capital investment, compliance, risk management, and financial transactions. Firms in the financial institutions sector play a critical role in facilitating capital flows, ensuring financial security and driving economic growth across global markets.

When it comes to your financial institution’s insurance programme, we tailor your coverage to ensure it addresses your unique risk profile and align with your goals and aspirations. No two financial institutions are alike. We partner with a wide range of organisations within the financial institutions industry to ensure we fully understand the current and emerging risks they face. We then devise a programme that specifically manages these exposures. Coverages to consider might include:

  • Directors & Officers

  • Professional Indemnity

  • Crime

  • Cyber

  • Investment Management Insurance

  • Property & Casualty

  • Employment Practices Liability

  • Transactional Risk

  • Employee Benefits

The unique and complex combination of risks that organisations in the sector face, makes specialist insurance a must for financial institutions. Whether you’re a bank, an asset manager, an insurance company, an investment fund, a securities broker-dealer, or a financial adviser, you’ll need a range of specialist insurance solutions to protect your assets and your people. Depending on your firm’s risk tolerance, the decision to transfer or retain such risks may vary. The need for specialist insurance can also be driven by regulatory requirements or demands from customers, board members, and vendors. A comprehensive insurance programme for a financial institution will often combine many different lines of cover.

Although the likelihood and impact of particular risks materialising can vary between financial institutions, there are ten significant risk categories that broadly apply to most firms in the financial services sector:

  • Cybersecurity threats

  • Regulatory compliance

  • Disruptive technologies

  • Data privacy and protection

  • Economic volatility (market, liquidity, and credit risk)

  • Operational risk (fraud, system failures, human error)

  • Environmental, Social, and Governance (ESG)

  • Geopolitical risks

  • Business interruption

  • Human capital, diversity, and talent management risks

D&O insurance protects individuals from personal losses resulting from legal actions taken against them in their capacity as company directors or officers, while also offering balance sheet protection for the organisation. For financial institutions, a D&O policy can extend cover to key areas of particular concern in the boardroom. In the financial sector, where fiduciary responsibilities are substantial, executives may face lawsuits from shareholders, regulatory bodies, or other stakeholders. D&O insurance helps attract and retain top talent by providing a layer of protection, allowing qualified individuals to take on leadership roles without the fear of personal liability. It also supports the stability and continuity of financial institutions by offering a financial safety net for key decision-makers.

Let’s talk

If you would like to know more about how our team can support you or your business, please contact us using the form below.

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