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

Lockton P.L. Ferrari, a Lockton company, has appointed Gary Field as Chief Commercial Officer with immediate effect to further strengthen its position as a market leader in Protection & Indemnity (P&I). Gary Field joins Lockton P.L. Ferrari as Chief Commercial Officer

Gary Field joins Lockton P.L. Ferrari as Chief Commercial Officer

article
London, 25 February 2026 – Lockton P.L. Ferrari, a Lockton company, has appointed Gary Field as Chief Commercial Officer with immediate effect to further strengthen its position as a market leader in Protection & Indemnity (P&I). Gary joins Lockton Marine fro ...
Read moreGary Field joins Lockton P.L. Ferrari as Chief Commercial Officer

An insurance broker’s guide to buying a new car

Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind. In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind. In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.

P&I renewals: Economic volatility forces clubs’ tough stance on general increases

The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.

Living Sector: adopting a nuanced view on future development

Various tailwinds and headwinds are shaping today’s living sector landscape, with some areas faring better than others. Below we look at the issues that developers and investors should be considering to remain agile in 2026, and beyond. Various tailwinds and headwinds are shaping today’s living sector landscape, with some areas faring better than others. Below we look at the issues that developers and investors should be considering to remain agile in 2026, and beyond.
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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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