For financial institutions, the professional and executive risk insurance market at an inflection point
Capacity is abundant and competition is healthy, but the financial institutions insurance market is changing. For the first time in several renewal cycles, insurers are reporting low single-digit rate increases across many lines. This isn't a hard market, but premium reductions are no longer automatic.
Financial institutions have expanded into new markets, launched new products, adopted new technologies, and pursued acquisitions. Carriers are now reassessing whether pricing still reflects how those risk profiles have grown. The market is becoming increasingly risk-specific: two institutions with similar profiles can see very different renewal outcomes. Private credit and employment practices liability (EPL) are under particular scrutiny.
Learn what underwriters are asking about, why differentiation will define the next renewal cycle, and four steps to position your institution as an attractive long-term risk.
Explore Lockton's October 2026 Financial Institutions Market Update here. (opens a new window)
