Lockton’s dedicated Financial Institutions Insurance Practice is made up of industry experts, who provide intelligent and alternative coverage solutions to help you protect your balance sheet. Placing advocacy and agility at the core of our approach, our specialists utilise a deep understanding of our clients’ financial activities, articulating these in the best possible light to the global insurance market.

PRODUCTS AND SERVICES

Global Financial Institutions

Bespoke insurance and risk solutions for financial institutions

In an increasingly litigious, highly-regulated and ever-changing economic environment, financial institutions have never faced more pressing risks than they do today. In order to tackle these, businesses require insurance protection that is truly tailored to their individual risk profiles.

Lockton’s dedicated Financial Institutions Practice is made up of industry experts, who provide intelligent and alternative coverage solutions to help you protect your balance sheet. Placing advocacy and agility at the core of our approach, our specialists utilise a deep understanding of our clients’ financial activities, articulating these in the best possible light to the global insurance market. We’ll then co-ordinate with A-rated insurers to craft a tailored programme that insulates our clients from any potential risk.

As a broker with global capabilities, not only do we understand your specific requirements, we also know how your world is developing. We have the market leverage required to secure substantial, uncompromised and affordable insurance coverage. Plus, our skilled claims technicians will advocate tirelessly for you in the event of an allegation against your business.

What we bring to your business

What we cover

  • Dedicated account management

  • Comprehensive, cost-effective financial insurance

  • Compliance with local regulations and any contractual requirements; eg AIFMD, MiFID II/MiFIR, UCITS regime, NPPR and Basel II

  • Financial risk management solutions

  • In-house claims team

  • Industry experts to interrogate the standard conditions against the full suite of coverage, from operational to the corporate

  • Unparalleled market access

  • Independent benchmarking

  • Analytics to calculate your cost of risk and evaluate retention vs transfer options

Our services

  • Directors’ and officers’ liability

  • Professional Indemnity

  • Crime

  • Cyber 

  • Office contents insurance

  • Employers’ liability

  • Public liability

Related products and services

  • W&I Insurance

  • Cyber

  • Office Insurance

  • Private Clients

  • Employee Benefits

  • Claims Consultancy

Latest news and insights

Since our inception in 1966, we have maintained a steadfast commitment to giving back to the communities in which we live and work. Because we believe that when our people and communities reach their full potential, so do we. Lockton Malta Beach Clean

Exploring the use of AI in healthcare

Artificial Intelligence (AI) is already being used to increase efficiency and accuracy in a wide range of healthcare areas, and healthcare service providers are currently exploring many more applications for the technology. Insurers need to be kept informed from the beginning of the development of new tools to ensure that the healthcare provider will be protected against the risk of a negative outcome triggering a claim. Artificial Intelligence (AI) is already being used to increase efficiency and accuracy in a wide range of healthcare areas, and healthcare service providers are currently exploring many more applications for the technology. Insurers need to be kept informed from the beginning of the development of new tools to ensure that the healthcare provider will be protected against the risk of a negative outcome triggering a claim.

Law firm mergers: an overview of liability issues

Whatever the rationale, how liabilities are dealt with after the completion of an acquisition, and the potential impact this may have on Professional Indemnity Insurance, are issues that warrant special attention. And now so more than ever, with continued low appetite to insure many firms, the increased selectiveness by insurers in who they are prepared to insure, and of course the steep rise in PII premiums over the past few years. Whatever the rationale, how liabilities are dealt with after the completion of an acquisition, and the potential impact this may have on Professional Indemnity Insurance, are issues that warrant special attention. And now so more than ever, with continued low appetite to insure many firms, the increased selectiveness by insurers in who they are prepared to insure, and of course the steep rise in PII premiums over the past few years.

Insurance brokers: getting the most from professional indemnity insurance

With insurers’ appetite growing once again, capacity has returned to the insurance brokers professional indemnity market in recent months. For firms, this is resulting in a reduction in premiums and insurers’ applied rate. Nevertheless, effective risk management and mitigation remains as essential as ever.With insurers’ appetite growing once again, capacity has returned to the insurance brokers professional indemnity market in recent months. For firms, this is resulting in a reduction in premiums and insurers’ applied rate. Nevertheless, effective risk management and mitigation remains as essential as ever.
See all news and insights

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Get in touch

Lockton Financial Institutions Team

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Joanne Alamango

CEO - Lockton Malta
joanne.alamango@lockton.com

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Maria Farrugia

Associate
maria.farrugia@lockton.com

General Inquiries

General enquiries

enquiries@eu.lockton.com