While the insurance market has never been more challenging for independent financial advisors and insurance brokers, Lockton’s specialist PI practice has the expertise and reputation required to secure uncompromised, cost-effective professional indemnity insurance for our clients.

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Insurance Brokers and Independent Financial Advisors

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Targeted professional indemnity programmes, built around you

While the insurance market has never been more challenging for independent financial advisors and insurance brokers, Lockton’s specialist PI practice has the expertise and reputation required to secure uncompromised, cost-effective professional indemnity insurance for our clients.

Harnessing an in-depth understanding of the unique challenges faced by individuals and firms in this sector, our highly experienced brokers and technicians will help you face these head on. Leveraging market intelligence, global expertise and key insurer relationships, we’re uniquely placed to negotiate the best possible deal for our clients.

Our professional indemnity policy wording for insurance brokers is endorsed by the British Insurance Brokers Association (BIBA), ensuring that you will be receiving the highest standard of policy. As a Lloyd’s broker, we can also reach out to the wider market to provide cover for speciality risks as needed.

What we bring to your business

  • Watertight insurance and risk solutions, tailored to your needs and to the size of your business, including value-added solutions in unusual cases or exceptional circumstances

  • Dedicated account executives who concentrate solely on insurance brokers and independent financial advisors

  • Support from our in-house team of claims advocates who will help to guide you through the claims process. We have the experience and expertise to assist your business through any claim, no matter how complex

  • Wealth of experience – our dedicated claims team has a wealth of experience in dealing with exactly the type of claims you may face

  • Offices throughout the UK, enabling us to provide bespoke, face-to-face advice to you, wherever you are in the world

Our Services

  • Cyber and data liability insurance

  • Management liability insurance (directors’ and officers’ liability insurance)

  • Employers’ liability insurance

  • Public liability insurance

  • Office insurance

  • Crime Insurance

  • Claims consultancy

  • Risk management consultancy

Our team

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Ian Saxelby

Producer
ian.saxelby@lockton.com
+44 11 7906 5033

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Paul Afteni

Head of Regulatory Professional Indemnity, Senior Vice President
Paul.Afteni@lockton.com
+44 20 7933 1498

General Inquiries

Get in touch

enquiries@uk.lockton.com

News and Insights

A mining boom is underway in Latin America. Ample resources, rising commodity prices, and foreign investment in critical minerals are fuelling sector growth. But as profits increase, so companies are coming under increasing pressure from illegal operations in search of their own share. Mining companies cannot resolve this situation alone: ultimately, a resolution requires political will. But help is available. By taking advantage of solutions to mitigate and transfer risk, companies can insulate their operations against potential threats.Political violence: tackling illegal mining risks in Latin America

Political violence: tackling illegal mining risks in Latin America

article
A mining boom is underway in Latin America. Ample resources, rising commodity prices, and foreign investment in critical minerals are fuelling sector growth. But as profits increase, so companies are coming under increasing pressure from illegal operations in ...
Read morePolitical violence: tackling illegal mining risks in Latin America

Living sector: why risk management is crucial for repurposing projects

Changes within the commercial real estate (CRE) market are pushing property owners to consider repurposing their assets. Pivoting to the living sector has emerged as an attractive option for landlords seeking greater yields on their properties. Changes within the commercial real estate (CRE) market are pushing property owners to consider repurposing their assets. Pivoting to the living sector has emerged as an attractive option for landlords seeking greater yields on their properties.

Back-to-back property transactions: best practice for conveyancers

In a challenging economic climate, where liquidity pressures and opportunistic investment strategies are shaping the property market, many conveyancing solicitors are seeing an increase in requests for back-to-back or same-day property transactions. These involve a property being bought and immediately resold, often on the same day, at a higher price. While lawful, back-to-back conveyancing transactions are considered high-risk for solicitors and conveyancers, both from a professional indemnity and regulatory perspective, due to their potential for money laundering, mortgage fraud, and the possibility of the transaction collapsing. Conveyancers must be highly vigilant for red flags and perform stringent due diligence. Understanding how to manage these exposures is essential to protecting your firm, your client, and your professional standing.In a challenging economic climate, where liquidity pressures and opportunistic investment strategies are shaping the property market, many conveyancing solicitors are seeing an increase in requests for back-to-back or same-day property transactions. These involve a property being bought and immediately resold, often on the same day, at a higher price. While lawful, back-to-back conveyancing transactions are considered high-risk for solicitors and conveyancers, both from a professional indemnity and regulatory perspective, due to their potential for money laundering, mortgage fraud, and the possibility of the transaction collapsing. Conveyancers must be highly vigilant for red flags and perform stringent due diligence. Understanding how to manage these exposures is essential to protecting your firm, your client, and your professional standing.

Carbon Credit Insurance: progressing from green hushing to credible disclosure

An increasing number of companies are choosing to limit or withhold public disclosure of their carbon offsetting activities. This approach, commonly referred to as ‘green hushing’, is an attempt by organisations to reduce external scrutiny of their ESG strategies amid heightened regulatory, legal, and reputational risks. An increasing number of companies are choosing to limit or withhold public disclosure of their carbon offsetting activities. This approach, commonly referred to as ‘green hushing’, is an attempt by organisations to reduce external scrutiny of their ESG strategies amid heightened regulatory, legal, and reputational risks.
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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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