Insurance Brokers Insurance
Protect your insurance brokerage from advisory claims, regulatory complaints and E and O disputes with specialist broker cover.
Get in touchWhat is insurance brokers insurance?
Insurance Brokers insurance is a specialist policy designed to protect finance and property professionals from the risks of advising clients, managing transactions and handling sensitive financial data. It typically includes professional indemnity, public liability and cyber liability.
Working in finance and property involves significant professional liability. Incorrect valuations, compliance failures and advisory errors can lead to substantial claims from clients, lenders and regulators.
Find cover options from specialist insurers who specialise in covering finance and property businesses, so your cover reflects the specific risks and regulatory requirements of your profession.
Professional Indemnity
Covers claims arising from incorrect policy placement, coverage gaps or advisory errors.
Public Liability
Covers injury or property damage claims from clients visiting your office.
Cyber Liability
Covers data breaches involving client insurance and financial information.
Employers Liability
Required by law if you employ anyone, covering employee injury or illness claims.
Who needs insurance brokers insurance?
General insurance brokers
Arranging commercial and personal insurance for clients
Specialist brokers
Focusing on a specific sector such as marine, aviation or construction
Wholesale brokers
Placing risks in the London market on behalf of retail brokers
Lloyd's brokers
Accessing the Lloyd's of London market for specialist risks
WHY CECIL
Built differently.
Cover for insurance brokers risks
Finance and property work carries significant professional liability. Cecil finds insurers who cover insurance brokers specifically and understand the regulatory environment.
Regulatory compliance support
Professional indemnity covers the costs of defending regulatory complaints and investigations. Cecil ensures this is included in your policy.
Cyber protection for financial data
Insurance Brokers handle sensitive client data. Cecil makes sure your policy includes cyber liability to protect against breaches and their consequences.
Competitive quotes from specialist insurers
Get your cover options from finance and property insurance specialists. Cover that reflects your profession, not a generic commercial policy.
Common questions about insurance brokers insurance
Do insurance brokers need professional indemnity insurance?
Professional indemnity is essential for finance and property professionals. It protects you if a client claims your advice or work caused them a financial loss.
What level of professional indemnity do insurance brokers need?
Cover levels depend on your regulatory requirements and the value of transactions you handle. Cecil helps you choose the right level for your profession.
Do insurance brokers need cyber insurance?
Given the volume of sensitive data handled by finance and property professionals, cyber liability is strongly recommended. It covers breach notification, investigation and regulatory fines.
Does insurance brokers insurance cover regulatory complaints?
Yes, professional indemnity covers the costs of defending complaints from regulators, ombudsmen and professional bodies.
Do insurance brokers need public liability insurance?
If clients visit your office or you visit properties and sites, public liability covers injury and property damage claims. Many clients require it.
Interested in Insurance Brokers insurance?
We will be in contact when Cecil launches.