Industries

Financial Services & Institutions

In a sector defined by trust and precision, today's financial institutions face increasing pressure from market volatility and cyber threats to heightened regulatory scrutiny and growing litigation risk. Navigating this environment requires more than a standard insurance policy. It demands a broker who understands your business, your regulatory landscape and the unique risks associated with operating in global financial markets.

At Price Forbes, we deliver bespoke insurance and risk management solutions for financial institutions worldwide. Our team combines deep sector expertise with a forensic approach to coverage design, helping businesses protect their people, their clients and their reputation. Whether supporting alternative asset managers, banks, fintechs or global financial institutions, we provide tailored solutions that align with each client's strategic objectives, operational model and regulatory requirements.

Who we work with

We work with brokers and financial institutions globally, supporting risk placements ranging from individual management liability programmes through to complex multinational insurance structures.

Our experience spans a broad range of financial services organisations, including:

  • Alternative asset managers, fund structures and management companies
  • Corporate service providers and trust services
  • Banks and building societies
  • Insurance companies and brokers
  • Wealth management firms, financial advisers, and family offices
  • Venture capital and private equity houses
  • Fintechs and digital asset businesses
  • Structured finance entities and captive insurers

Whether acting directly for a financial institution or supporting a broker with a specialist placement, we provide tailored solutions designed around the client's regulatory obligations, corporate structure, geographic footprint and risk profile. From emerging businesses to established global institutions, we help navigate complex insurance requirements across both domestic and international markets.

Risk solutions for financial services companies

We arrange intelligent, cost-efficient programmes for core and emerging risks, including:

For clients operating across multiple jurisdictions, we can coordinate multinational programmes supported by local policy issuance to ensure compliance with local regulatory and insurance requirements.

Key contacts

Gareth
Gareth Abbott
Managing Director, Financial Lines

Financial Services Claims Advocacy

In financial services, a claim isn’t just a financial event, it’s a reputational challenge. Whether triggered by litigation, regulatory investigation, or operational loss, how a claim is managed can have a lasting impact.

At Price Forbes, we act as your advocate throughout the claims process, protecting not just your policy limits, but your brand, boardroom, and ability to focus on your business.

What you can expect from our team:

  • Specialist resource: 17 claims professionals with deep experience across financial lines
  • Clarity from the start: Prompt confirmation of coverage and insurer engagement
  • Rigorous oversight: Full review of all claims-related documentation, with coverage advice
  • Collaborative defence: Coordination with your internal counsel, external advisors, and insurers to align on strategy
  • Pragmatic resolution: Skilled mediation to manage conflicts over defence or settlement decisions
Spotlight Solution

Fund Sentinel: Our portal for fund managers D&O insurance

Award-winning D&O protection, purpose-built for fund managers

Fund Sentinel is a specialist Directors’ & Officers’ Liability insurance solution designed exclusively for investment firms. Delivered via a secure online platform, it offers instant quotes, seamless policy management, and market-leading wording backed by London capacity.

Built for GPs, directors and fund entities across private equity, venture capital, credit, real estate and tokenised structures, Fund Sentinel combines comprehensive D&O, Entity and PI cover with reduced deductibles and simplified purchasing.

Whether you manage a single fund or a multi-platform operation, Fund Sentinel brings speed, clarity and confidence - without compromise on protection.

 

 

Why Price Forbes for financial services risks?

Our Financial Institutions team comprises 25 specialists, including brokers, technical account executives and claims advocates, delivering a collaborative, partnership-led approach to complex risk challenges.

We are trusted by financial institutions globally to design and negotiate sophisticated insurance programmes, from single-placement solutions through to complex multinational structures.

  • Dedicated Financial Institutions specialists with deep sector expertise
  • Strong relationships across leading global insurers and specialty markets
  • Bespoke wording negotiation and coverage design
  • Multinational programme capabilities, including local policy issuance
  • Extensive experience supporting fintech, insurtech, crypto and digital asset businesses
  • Expertise across large open-market placements, volume schemes and cross-class binders
  • Direct access to senior decision-makers
  • Proven claims advocacy with more than USD100m recovered for clients
  • Insight into emerging risks including cyber, ESG, AI and regulatory change

We combine technical expertise, market influence and proactive advocacy to deliver solutions that help financial institutions operate with confidence in an increasingly complex risk environment.

Financial Services Insurance

Frequently Asked Questions

Yes - if you’re a bank, asset manager, or custodian, this cover is essential. Despite the name, it’s not a bond in the traditional sense, it’s insurance designed to protect against internal fraud, theft, and dishonest acts by employees. It’s a regulatory expectation in many jurisdictions and a non-negotiable in today’s risk environment.

Yes - but it needs to be specifically included. Most base policies exclude this type of fraud unless properly endorsed. 

D&O protects your directors and officers against personal liability. Professional Indemnity (or E&O) protects the business against claims linked to the services you provide. For most regulated financial institutions, both are required, and we structure them to work together, not in isolation.

That depends on your data exposure, transaction volume, and reliance on technology. We benchmark your programme against peers and evolving regulatory expectations, and ensure it includes breach response, extortion, reputational harm, and business interruption. 

Yes - and timing is key. Public Offering of Securities Insurance (POSI) protects your board and executives during and after a listing or capital event. It needs to be placed early in the process, alongside your legal and regulatory documentation. 

If you have employees or offer pension schemes, absolutely. EPL covers claims of wrongful dismissal, discrimination or harassment. Pension Trustee Liability protects against errors in managing benefit plans. 

Cross-border operations bring regulatory and tax complexity. We design compliant, multi-jurisdictional programmes, whether through global master policies, local wraps, or regional endorsements. Our focus is seamless coverage and consistent protection, no matter where you operate.

Absolutely. A coordinated multi-class programme (e.g. D&O, PI, Cyber, Crime) gives you consistency across wordings, reduces administrative burden, and improves purchasing power. We’ll structure it for clarity, control, and cost-efficiency.

We step in, early, directly, and strategically. Our specialist claims team manages communications, negotiates with insurers, and helps shape defence or settlement strategies. We protect not just the policy outcome but your reputation and operational continuity.

Let's Talk

Our financial insurance experts are always on hand to talk about ways we can join forces to take on the future.