FinTech Insurance.
FinTech brings complex risks. We make insurance simple, so you can innovate confidently and grow without interruption.
Protecting FinTechs at Every Stage
FinTech businesses operate at the cutting edge of financial innovation, where rapid growth meets complex risk and regulation. For venture-backed firms, particularly those authorised under PSD2 as AISPs and PISPs, maintaining appropriate insurance is both a regulatory requirement and an important part of building credibility and meeting stakeholder expectations.
As the landscape evolves, so too do the threats, from operational exposures to emerging cyber and financial risks. Specialist advice ensures your protection keeps pace with both your business ambitions and regulatory obligations.
Sectors we support
Banking
Crypto
InsurTech
Lending
Payments
Personal Finance
RegTech
Cover built for the complexity of FinTechs
Benchmark your cover today
Download our benchmarking document to see how your risks and policy limits compare across the industry.
Meet our FinTech experts
Max Willis
Head of FinTech
Max brings a wealth of knowledge and expertise in the scale-up ecosystem, with over 6 years of experience supporting FinTechs with their insurance requirements. His deep understanding of these industries allows him to offer tailored risk management solutions that meet the unique needs of high-growth businesses.
James Ewen
Broking Head of FinTech
Jack Scott-Bowden
Technical Head of FinTech
Charlie Gladding
FinTech Lead
More than just insurance...
Content
Guides, new resources and blogs on the stuff that matters when you're growing fast
Common FAQs
What is FinTech insurance?
FinTech insurance provides specialised coverage designed specifically for financial technology companies. These businesses face unique risks, from cyber threats to regulatory challenges and operational disruptions, that traditional insurance policies may not fully address.
General insurance often isn’t built with the complexities of FinTech in mind. Specialised cover helps ensure that FinTech companies are protected against the specific exposures they face, offering more appropriate, effective, and reliable protection.
What types of insurance do FinTechs usually have?
Most FinTechs benefit from a combination of Professional Indemnity (PI), Directors’ & Officers’ (D&O), Cyber Liability, Crime, and Regulatory Investigation Cover may also be relevant.
Whats the difference between a Financial Institution (FI) policy and a FinTech policy?
FinTech businesses have a unique combination of exposures that don’t fit the typical financial institution (FI). These risks include the ever-evolving regulatory environment, technology failure, cybercrime, breach of contract cover and many more.
Do we need FinTech insurance if we're not directly regulated?
Even if you don't perform regulated activities yourself, claims often flow through you when customers view you as one entity. FinTech policies allow insurers to settle claims on your behalf and then recover from third-party providers who are actually at fault.
What's included in your PSD2 policy?
Our PSD2 policy is designed for Payment Institutions and EMIs applying for FCA authorisation. It typically includes cover for:
- Claims arising from payment processing errors
- Failure to execute, or incorrect execution of, transactions
- Operational failures or technical outages
- Data breaches or security incidents
- Misuse or loss of client funds
- Third-party claims for financial loss
It meets the FCA’s requirements for PSD2-compliant Professional Indemnity & Liability cover.
Should we get insurance before or after FCA approval?
The FCA typically expects you to hold Professional Indemnity and Cyber Liability insurance. During the regulatory process, they often ask for proof of quotes to demonstrate you've sourced appropriate coverage.