Industries

Financial Institutions & Services Insurance

In a sector defined by trust and precision, today’s financial institutions are facing intense pressure, from global market volatility and cyber threats to heightened regulatory scrutiny and rising litigation risk. Navigating this environment requires more than a standard policy, it demands a broker who understands your business, not just your industry.

At Price Forbes, we deliver bespoke insurance and risk management solutions for financial institutions worldwide. Our approach is strategic, responsive, and always focused on protecting your people, your clients, and your reputation. 

Who we work with

In partnership with your local insurance broker, we work with financial institutions across global markets. Our clients include:

  • Alternative asset managers and fund structures
  • Corporate service providers, ManCos and trust services
  • Banks and building societies
  • Insurance companies
  • Wealth management firms and financial advisers
  • Family offices
  • Fintechs and digital-first platforms
  • Structured finance entities and captive insurers

Whether you’re managing regulated funds, launching a new investment vehicle, or restructuring capital exposure, we’ll tailor a solution to meet your specific risk profile.

Risk solutions for financial services companies

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

Key contacts

Gareth Abbott
Gareth Abbott
Managing Director, Financial & Professional Services

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 global Financial Institutions team is made up of senior market specialists who understand both the regulatory and reputational complexity our clients face. We act as advocates, not intermediaries, shaping market perception and ensuring every policy performs when needed.

  • Trusted partner to major banks, funds, fintechs and advisory firms
  • Deep experience managing high-severity claims, litigation exposures and regulatory investigations
  • Strategic relationships across global specialty markets and reinsurers
  • Bespoke wording negotiation and policy harmonisation across territories
  • Proactive insight into emerging risks including ESG, cyber liability, and regulatory change

We combine technical expertise with tenacious representation, especially when it matters most.

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.