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

News and Insights

Once considered an optional extra, cyber security is now a non-negotiable for accountancy practices. The sector has emerged as a prime target for modern-day cyber criminals, thanks in part to a large volume of held personal and financial data. But cyber-readiness continues to lag, with few practices prepared for the worst.

When it comes to insurance, the cyber landscape is shifting. It is becoming increasingly difficult for practices to obtain cyber insurance unless they can meet certain criteria, such as multi-factor authentication. At the same time, anecdotal evidence suggests that cyber insurance is being bundled into PII insurance or otherwise offered without question. But the reality is that your security measures must be clearly defined and implemented upfront – or the likelihood of a successful claim is slim.

In short, robust cyber prevention is the only viable option to minimise the impact of an attack. That’s why we’ve put together the below cyber security checklist, along with some practical cybersecurity measures for accountancy practices to follow.
Accountants: cybersecurity essentials to protect your practice

Specialist car market overview: September 2025

Stability has returned to the specialist car market, despite prices continuing to soften from their post-pandemic high. For the six months until July 2025, based on the average sell-through value of public auctions, the global market is down 9.7% versus 2024. The classic market is faring slightly better, with prices declining by 5.7%.

Nevertheless, the specialist car market remains buoyant. Public sale data from our trusted evaluation partner, The Classic Valuer, reveals how and why.Stability has returned to the specialist car market, despite prices continuing to soften from their post-pandemic high. For the six months until July 2025, based on the average sell-through value of public auctions, the global market is down 9.7% versus 2024. The classic market is faring slightly better, with prices declining by 5.7%.

Nevertheless, the specialist car market remains buoyant. Public sale data from our trusted evaluation partner, The Classic Valuer, reveals how and why.

Lockton sponsors LandAid Trek 2025 to support youth homelessness initiatives

Lockton sponsors LandAid Trek 2025 to support youth homelessness initiativesLockton sponsors LandAid Trek 2025 to support youth homelessness initiatives

Watch insurance: protecting your timepiece amid rising thefts

The UK remains a major target for watch thieves. Of the £150 million worth of luxury watches reported stolen worldwide in 2024, £60 million stemmed from thefts within the UK; some 40% of all high-end watches stolen internationally. The UK remains a major target for watch thieves. Of the £150 million worth of luxury watches reported stolen worldwide in 2024, £60 million stemmed from thefts within the UK; some 40% of all high-end watches stolen internationally.
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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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