Wealth Managers Insurance
Protect your wealth management practice from investment disputes, regulatory complaints and data breaches with specialist cover.
Get in touchWhat is wealth managers insurance?
Wealth Managers 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 investment management decisions or financial planning advice that causes a client a loss.
Public Liability
Covers injury or property damage claims from clients visiting your office.
Cyber Liability
Covers data breaches involving high-net-worth client financial data.
Employers Liability
Required by law if you employ anyone, covering employee injury or illness claims.
Who needs wealth managers insurance?
Private wealth managers
Managing portfolios for high-net-worth individuals
Family office managers
Providing comprehensive financial management for wealthy families
Multi-asset portfolio managers
Managing diversified investment portfolios
Philanthropy advisers
Advising clients on charitable giving and foundation management
WHY CECIL
Built differently.
Cover for wealth managers risks
Finance and property work carries significant professional liability. Cecil finds insurers who cover wealth managers 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
Wealth Managers 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 wealth managers insurance
Do wealth managers 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 wealth managers 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 wealth managers 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 wealth managers insurance cover regulatory complaints?
Yes, professional indemnity covers the costs of defending complaints from regulators, ombudsmen and professional bodies.
Do wealth managers 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 Wealth Managers insurance?
We will be in contact when Cecil launches.