Our offices will be closed from 25 Dec – 2 Jan,for urgent enquiries please email info@whinneyinsurance.co.uk

Insurance for IFAs and Financial Advisors

The insurance market for Financial Advisors has been challenging for several years with the professional indemnity insurance market for financial advisors restricted to only a handful of insurers. As a Financial Advisor it is also important to be aware of the minimum levels of insurance required by the FCA and Insurance Mediation Directive (IMD). It is also important to have an awareness of the professional indemnity excess applicable and its implication on capital adequacy.

We work very closely with two specialist insurers, both of who have been insuring Financial Advisors for a number of years. We strongly believe that experience and continuity is extremely important, and helps us obtain competitive solutions for our clients.

We’re experts in financial advisor insurance

Our relationship with our financial advisor clients goes beyond arranging the insurance, with our expertise in this sector allowing us to work on a consultative basis. Certain advisory work, such as high-risk investment vehicles or large, defined benefit pension transfers, may impact your professional indemnity insurance and we can advise accordingly. We work closely with our clients and specialist indemnity insurers, providing guidance on the implications of higher-risk work, and tailoring competitive insurance packages unavailable anywhere else.

Always personal, always bespoke

As a privately owned broker with a small and dedicated multi-disciplined and experienced team of advisors with expertise in the financial sector, we pride ourselves on our exceptional service. Whether you’re getting a quote or making a claim, your insurance will always be handled personally by an expert member of our team.

We insure

Specialist financial advisor insurance