Our Professional & Financial Risks' team can help you protect the personal assets of your company and senior employees, staying ahead of changing regulation across multiple markets.
You can be sure your company - and your wealth - are in safe hands
Professional and Financial risks (ProFin) insurance encompasses a range of innovative and competitive insurance programmes. Our team of specialists can help you protect your corporate balance sheet and reassure your board members.
With all companies facing increased regulatory and operational risks, we can help you protect the personal assets of your company and senior employees, staying ahead of changing regulation across multiple markets. This leaves you to deploy capital where it’s needed to help your business grow. As well as helping reducing your liabilities when you enter into processes like corporate mergers or acquisitions, we defend your business and your assets against crime, allowing you to protect margins for your shareholders.
Professional services organisations can be a target of professional negligence claims from their clients and third parties. Reliable Professional Indemnity insurance is key to successful business planning and insuring against financial loss and reputational damage experienced by the client as a result of negligence.
Our ProFin team draws on decades of professional and financial services experience. We combine our expertise with innovative tailor made solutions and place complex programmes for global and local companies, big and small. All members of the Professional & Financial Risks team in MENA are ex-Underwriters.
What we bring to your business
We work on a wide variety of Financial Institutions and Commercial entities for their Directors & Officers (D&O), Professional Indemnity (PI) and/or Crime insurances. In the recent past we have:
Worked on a various US-listed D&O accounts
Worked on many Project Specific Professional Indemnity covers in the MENA region
Worked with public and private companies
Put together claims management protocols for our clients
We strive to gain an understanding of our clients’ needs and provide expertise from a local and global perspective on terms and conditions of a ProFin policy. Being on the ground in the Middle East and accessing London Lloyd’s markets gives us a good understanding of local needs, local cultures and a better understanding of the claims environment in the Middle East mainly due to being closer to local lawyers, insurers, reinsurers and loss adjusters.
Our services and areas of expertise
We have over 25 products that we offer to the following sectors within financial risks:
Bankers Blanket Bond
Electronic Computer Crime
Warranty and Indemnity Insurance
Annual Professional Indemnity
Single Project Professional Indemnity (SPPI)
Investment Management Insurance (IMI)
Private Equity / Venture Capital Insurance
Made-to-measure service, without compromise
From simple coverage reviews to bespoke risk management and insurance services, discover the many ways Lockton can help with your insurance needs.
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