Insurance for IFAs and Financial Advisors

As you may know the insurance market for Financial Advisors has been challenging for a number of years. The professional indemnity insurance market for financial advisors is restricted to only a handful of insurers. 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.

Our relationships with our Financial Advisors goes beyond arranging the insurance. Our expertise in this sector allows us to works on a consultative basis with our clients. We understand that certain advisory work, such a high risk investment vehicles or large defined benefit pension transfers, may impact your professional indemnity insurance. We work closely with our clients and the professional indemnity insurers, in order to provide guidance on the implications of higher risk work.

As a Financial Advisor it is 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 it’s implication on capital adequacy.

We can provide the following insurance modules for Financial Services Companies:

  • Professional Indemnity Insurance
  • Directors’ and Officers’ Insurance
  • Crime Insurance
  • Cyber and Data Insurance
  • Office and Liability Insurance



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    Professional IndemnityPublic LiabilityOffice/Asset/Equipment InsuranceOther