Financial Services Insurance

Bespoke solutions for a broad range of financial risks

Financial institutions face a unique range of risks every day, which is why they need bespoke solutions for a broad range of crime and liability risks. We aim to address and provide solutions for these risks.

The financial services sector, global economy, political landscape and regulatory enforcement is a constantly changing environment. As such, you need a broker that can help you to deftly navigate this risk landscape with expertise, experience and confidence.

With a portfolio boasting 600 clients from over 50 countries, our standalone, dedicated Financial Institutions team combines a comprehensive product range, an integrated claims team, and strong market influence to deliver quality service and breadth of coverage.

Which businesses utilise financial services insurance?

We take a holistic view of the financial services sector, as we believe it is essential to have a broad understanding and depth of knowledge of the entire financial services environment to be able to offer advice and direction. We work with everyone from asset and wealth management firms, banks, fintech companies and hedge funds through to mortgage brokers, insurance brokers, private equity companies, trusts and many other variations of financial institutions in between.

What insurance products are available for the financial services segment?

Financial services insurance solutions are designed to help protect financial institutions from a broad range of threats. Insurance for financial services is a specialist area for brokers, who require a depth of knowledge and relationships within the market to identify appropriate solutions available, which is why some of the leading financial institutions firms rely on us.

Your experienced broker will take you through all the options available to you within our financial services insurance portfolio, which include:

Professional indemnity
Directors’ and officers’ insurance
Management liability
Crime insurance
Employment practices
Social engineering
Cyber insurance
Public liability
Pension trustee liability.

How can I claim on my financial services insurance?

Our experienced and knowledgeable team are always on hand to help steer your business through even the most complex of insurance claims.

As all of our claims are handled and managed in-house, you’ll benefit from the guidance of our dedicated claims handlers, who will support you through the entire process from start to finish. We’re here to help you get achieve an optimal outcome, which is why we work hard to utilise our financial services expertise and market influence to deliver on your claim.

Why choose Gallagher for financial services insurance?

We believe that there is no substitute for reliability which is why our clients prefer that our senior brokers are in the market on a daily basis, negotiating in person, on their behalf. They know our senior team are available and accessible at all times to offer advice – not just at renewal. Our financial institutions clients have confidence that we negotiate with skill and tenacity to deliver quality programme design and optimal claims outcomes.

Our breadth of experience means we can offer strategic advice across a variety of products including D&O, PI, Crime, Cyber Liability and Employee Practice Liability.

Our broad experience means that we have a tried and tested methodology to designing and delivering an effective insurance programme. We aim to provide optimum coverage and claims certainty, premium efficiency and to try to reduce the total cost of risk– all while providing quality service and advice.