In today’s fast-changing and highly regulated financial landscape, managing the risks your Financial Institution faces has become more difficult than ever. From safeguarding your balance sheet to navigating regulatory change, and all points in between – businesses like yours are continually challenged to find the right solutions to the complex array of exposures your business faces.
Tailored risk solutions to safeguard your success
In today’s fast-changing and highly regulated financial landscape, managing the risks you face has become more complex than ever. From safeguarding your balance sheet to navigating regulatory change, and all points in between – businesses like yours are continually challenged. To thrive in this landscape, having the right insurance partner becomes essential. You need a partner who understands your financial institution and can deliver the risk solutions tailored to your specific needs. Being able to safeguard your success is core to your mission – that’s where Lockton come in to partner with you.
Your business comes first
With Lockton, you’ll be working with experienced financial institution risk professionals who always put your needs first. Because our global team is dedicated to your industry, we understand the unique challenges you face and the latest trends.

Analytics to manage your risks
Our analytics platform rapidly transforms risk data into actionable insights, empowering better decisions and delivering an insurance program that prepares you for the future.

Coverage that fits
Your insurance needs are unique. We match those needs with tailored policy wordings that protect your bottom line and maintain customer trust.

Total claims support
Lockton’s claims team supports you through the entirety of a claim, guiding you confidently through complex challenges to deliver the best possible outcome.

Risk control & loss prevention
Our risk control and loss prevention capabilities benefit your firm with informed decision-making, enhanced visibility of your top risks, regulatory support, and more.
Download our brochure
Learn how we help protect organizations like yours in the financial services sector through risk solutions like D&O, Crime and Cyber.
Download nowFinancial institutions we protect:
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Private equity
Banks
Investment banks
Non-bank lenders
Asset management firms
Venture capital
Wealth managers
Hedge funds
Mutual funds
Real Estate Funds/REITs
Private funds
FinTech
Digital assets
Security Broker- Dealers
Insurance companies
Let’s talk insurance for your Financial Institution
Get peace of mind for your financial institution - connect with our team and we’ll be in touch as soon as we can.
Talk to our teamInsurance for financial institutions – FAQs
What is classed as a financial institution?
The umbrella term financial institutions encompasses a wide range of organizations within the broader financial services market. From asset managers to private equity and venture capital firms, from banks and insurance companies to aircraft leasing firms, these are typically businesses involved in managing, protecting and growing assets. The financial institutions sector includes entities providing investment management, financial planning, banking, insurance, real estate advisory, and innovative financial technology solutions. It serves individuals, families, corporations, and institutions, offering services like wealth management, asset allocation, capital investment, compliance, risk management, and financial transactions. Firms in the financial institutions sector play a critical role in facilitating capital flows, ensuring financial security, and driving economic growth across global markets.
What insurance should I be considering as a financial institution?
When it comes to your financial institution’s insurance program, we tailor your coverage to ensure it addresses your organization’s unique risk profile and best suits your objectives. There is no “one size fits all” approach when it comes to insurance for financial institutions. We partner with a diverse range of organizations from the financial institutions industry to acutely understand the current and emerging risks they face and will devise a program that specifically manages these exposures. Coverages to consider might include:
Directors, officers, and general partners liability
Errors and omissions
Crime and FI Bonds
Cyber
Property & Casualty
Pension Trust/Fiduciary Liability
Employment practices liability
Transactional risk
Employee Benefits
Surety Bonds
Do I need specialized insurance products as a financial institution?
Specialized insurance for financial institutions is very important to have given the unique and complex risk profile organizations in the space face. Whether your financial institution is a bank, asset manager, insurance company, investment fund, security broker-dealer, or financial advisor – you need a variety of specialized insurance solutions to protect your assets and people. Based on your firm’s risk tolerance the decision to transfer or retain risk varies, and the need for specialized insurance may be driven by regulation, customer, board member, and vendor demands.
A comprehensive financial institution insurance program will often combine several lines of coverage.
What are the most common risks for a financial institution?
Although the likelihood and impact of individual risks can vary from financial institution to financial institution, there are ten significant risk categories that broadly apply to most financial services firms:
Cybersecurity threats
Regulatory compliance
Disruptive technologies
Data privacy and protection
Economic volatility (market, liquidity, and credit risk)
Operational Risk (fraud, system failures, human error)
Environmental Social and Governance (ESG) and climate risks
Geopolitical risks
Business interruption
Human capital, diversity, and talent management risks
Why is directors and officers liability (D&O) insurance important for financial institutions?
Among other things, D&O insurance is crafted to safeguard individuals from personal losses arising from legal actions filed against them in connection with their roles as a director or officer, while also providing balance sheet protection for the entity.
For financial institutions, a D&O policy can extend coverage to pivotal areas that are of particular concern for boardrooms. In the financial industry, where fiduciary responsibilities are significant, executives may face lawsuits from shareholders, regulatory bodies, or other stakeholders. D&O insurance helps attract and retain top talent by offering a layer of protection, encouraging qualified individuals to take leadership roles without fear of personal liability. It also helps maintain the stability and continuity of financial institutions by providing a financial safety net for key decision-makers.
How can risk control and risk consulting further support financial institutions?
A strategic risk consulting approach creates strong alignment between your business priorities and your risk management strategies. It ensures you are leveraging the financial institution risk expertise of your insurance broker by getting them to proactively identify opportunities for risk mitigation and address gaps that could increase exposure to your organization.
At Lockton, we work as an extension of your own financial institution by helping develop risk mitigation strategies beyond insurance coverage. This includes risk management practices, loss control measures, and analytics to help ensure risks are controlled before they materialize.