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

Head of Accountants
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

On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.Why executive security should be top-of-mind for digital asset companies

Why executive security should be top-of-mind for digital asset companies

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Read moreWhy executive security should be top-of-mind for digital asset companies

Why you need Latent Defects Insurance

Latent Defects Insurance (LDI) provides protection against the costs of remedying damage which occurs as a consequence of the manifestation of a fault in the design or construction of a building and which only becomes apparent following completion of the project.Latent Defects Insurance (LDI) provides protection against the costs of remedying damage which occurs as a consequence of the manifestation of a fault in the design or construction of a building and which only becomes apparent following completion of the project.

Martyn’s Law: the time to prepare is now

The Terrorism (Protection of Premises) Act 2025, commonly known as Martyn’s Law, is now in effect. Following a long period of campaigning and advocacy, it achieved Royal Assent in April 2025, and it is now in its 24-month implementation phase. Businesses must be compliant by May 2027, or will likely face severe penalties for non-compliance. The upcoming insurance renewal season between March and July represents a natural inflection point. It is when many businesses assess security measures, update their risk documentation, and evidence controls – all of which will be central to demonstrating compliance under Martyn’s Law. Therefore, addressing any gaps now is essential to ensure that businesses have enough time to strengthen preparedness before the law becomes enforceable.The Terrorism (Protection of Premises) Act 2025, commonly known as Martyn’s Law, is now in effect. Following a long period of campaigning and advocacy, it achieved Royal Assent in April 2025, and it is now in its 24-month implementation phase. Businesses must be compliant by May 2027, or will likely face severe penalties for non-compliance. The upcoming insurance renewal season between March and July represents a natural inflection point. It is when many businesses assess security measures, update their risk documentation, and evidence controls – all of which will be central to demonstrating compliance under Martyn’s Law. Therefore, addressing any gaps now is essential to ensure that businesses have enough time to strengthen preparedness before the law becomes enforceable.

Gender pay gap report 2025

Lockton is wholly committed to supporting the progression of women through creating a diverse, inclusive and equitable workplace. We are also committed to employing the best and most talented people and ensuring that they are paid fairly irrespective of their gender. Like all UK companies, we are required to publish data about the pay gap between male and female employees, based on data at 5th April. You can access our 2025 gender pay gap report here.Lockton is wholly committed to supporting the progression of women through creating a diverse, inclusive and equitable workplace. We are also committed to employing the best and most talented people and ensuring that they are paid fairly irrespective of their gender. Like all UK companies, we are required to publish data about the pay gap between male and female employees, based on data at 5th April. You can access our 2025 gender pay gap report here.
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