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.
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.
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.
Total claims support
Our team offers personalised guidance through every claim, ensuring you navigate challenges confidently.
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.
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 nowWe 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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
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
Aircraft Securitisation and Leasing
Our latest News and Insights
Financial Institutions FAQs
What insurance should I be considering as a financial institution?
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
Do I need specialist insurance as a financial institution?
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.
What are the most common risks for financial institutions?
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
Why is Directors and Officers (D&O) liability insurance important for financial institutions?
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.
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