Financial institutions insurance

Insurance for financial institutions

We understand that you're an expert in your field, providing a professional service. However, even the most experienced professionals make mistakes, presenting risks to you and your business. It's essential to have the right professional indemnity (PI) insurance in place that offers the necessary protection.

Here at Marsh Commercial, we can arrange cover that gives you and your business peace of mind. We'll give you:

• Confidence
  We know you're dedicated to delivering specialist advice. You can be confident that we're committed to working with leading insurers on your behalf. We'll arrange appropriate cover – on competitive terms.
• Expertise
  Our team have a wealth of knowledge in arranging commercial insurance for professionals. We take time to understand your business to ensure that the protection you have in place is suitable for the risks you face.
• Service
  We're here for you when you need us – from providing tailored advice to walking you through the claims process. So while you focus on supporting your clients, we're here to protect you, making insurance one less thing for you to worry about.

How our PI experts can help you

We take time to understand the risks you face and advise how to manage them. We're here to make sure you have the right PI insurance to protect your business.

What cover can professional indemnity insurance offer you?

If you're responsible for causing financial loss to your client due to error or omission in the services you have provided, your professional indemnity (PI) policy will protect you. Legal costs and expenses involved in defending a claim, as well as compensation payable, will be covered.

While you may strive to avoid making mistakes, occasionally they do happen. PI insurance protects you and your business if your client alleges a financial loss for:

• a breach of a professional duty of care or unintentional breach of contract
• unintentional breach of confidentiality or copyright
• loss of documents or data.

Just as your clients have individual needs, not all PI insurance is the same. We can arrange a policy that provides the right protection you need to support your clients with confidence. You'll receive these benefits as standard on most PI policies:

• capped excess
• free tax advice helpline for you and on behalf of your clients
• instalment facility
• dedicated claims team
• free 24-hour legal and counselling advice helplines
• Policy exclusions and restrictions may exist based on your unique requirements.

We're here to advise, protect and support your business. Talk to us about a range of commercial insurance, including:

• Professional indemnity insurance
• Cyber insurance
• Office insurance
• Employers' liability
• Management liability (directors and officers liability)
• Pension trustees liability