Financial Institutions Professional Indemnity
PI and professional risks cover for banks, asset managers, fintechs and other regulated financial institutions. Complex risks, structured properly.
Why Birchin
Why Birchin for financial institutions.
Financial-lines specialists
We work daily on FI risks — PI, D&O, crime — and understand how they interact.
London market access
Direct relationships with the FI underwriters at Lloyd's and the London market.
Programme thinking
We design layered programmes — primary, excess and side-A — that hold up in a real claim.
What it covers
The cover, in detail.
- Civil liability arising from regulated financial services
- Cover for advisory, asset management and lending activity
- Crime and social engineering cover (separate or combined)
- D&O and side-A integration on request
- Defence costs for regulatory investigations
- Run-off cover on sale, merger or cessation
How to get a quote
Start 90 days before renewal.
The earlier we engage, the more we can do. Ninety days gives us time to build the presentation, test the market properly, and negotiate wording — not just price.
- 01
Get in touch 90 days before renewal
The earlier we start, the more leverage we have with the market. Ninety days is the sweet spot.
- 02
Discovery & documents
A short call plus your current policy, proposal form, fee income split and claims history.
- 03
Market exercise
We build the presentation, approach the right insurers and negotiate terms — premium and wording.
- 04
Bind & handover
Clear documentation, a renewal report you can share internally, and an open line through the year.
FAQs
Questions from financial institutions firms.
What you can expect
The Birchin way, for financial institutions.
- A senior, named broker — the same person at quote, renewal and claim.
- Whole-of-market placement, chosen on merit rather than scheme convenience.
- Honest advice on limits, wording and run-off — not just the cheapest price.
- Clear documentation and a renewal report you can share internally.
Independently reviewed on Trustpilot.
Read our reviewsLet's talk about your financial institutions renewal.
A 15-minute call is usually enough to know whether we can do better than your current programme.