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

Rachel Reeves’ Budget introduced several changes for employers, many of which are due to come into force in April 2025. By far the most significant of these, however, is the increase to employers’ National Insurance contributions (NIC), which for many employers is set to make the cost of employment more expensive. Fortunately, tools are available for employers to offset the cost of the increases. Below, take an in-depth look at these tools, and explain how a long-term action plan can help to tackle broader people risk.How salary sacrifice can offset rising employers’ National Insurance costs

How salary sacrifice can offset rising employers’ National Insurance costs

article
Rachel Reeves’ Budget introduced several changes for employers, many of which came into force from April 2025. By far the most significant of these, however, was the increase to employers’ National Insurance contributions (NIC), which for many employers is now ...
Read moreHow salary sacrifice can offset rising employers’ National Insurance costs

Construction contractors: key tips to build a successful Surety programme

Over the last 24 months, several high-profile insolvencies within the UK construction sector have led to a hardening of the Surety market. Many sureties have been reducing their capacity, while others have withdrawn from the market entirely. Employers are also increasingly requesting bonds as an additional form of security, typically with more onerous terms. For contractors and subcontractors, following best practice is key to building a successful Surety programme. Prioritising early engagement, transparency, and a partnership mentality can help to streamline negotiations and achieve the best terms. Over the last 24 months, several high-profile insolvencies within the UK construction sector have led to a hardening of the Surety market. Many sureties have been reducing their capacity, while others have withdrawn from the market entirely. Employers are also increasingly requesting bonds as an additional form of security, typically with more onerous terms. For contractors and subcontractors, following best practice is key to building a successful Surety programme. Prioritising early engagement, transparency, and a partnership mentality can help to streamline negotiations and achieve the best terms.

Lockton appoints Edel Ryan to lead Entertainment Practice

Lockton, the world’s largest independent insurance broker, today announces the appointment of Edel Ryan as Practice Leader for the Entertainment Practice. The role is based in London and effective from 2 May 2025. Lockton, the world’s largest independent insurance broker, today announces the appointment of Edel Ryan as Practice Leader for the Entertainment Practice. The role is based in London and effective from 2 May 2025.

Derisking BESS projects

Demand for grid stability, improving battery technology, and significantly decreasing prices, has facilitated rapid growth in the battery energy storage system (BESS) market across the world. Demand for grid stability, improving battery technology, and significantly decreasing prices, has facilitated rapid growth in the battery energy storage system (BESS) market across the world.
See all news and insights

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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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