What we offer

FCA authorised entities, both Directly Authorised and Appointed Representatives, operate in a highly regulated environment and must comply with the rules set out by the FCA.  Whilst it is mandatory for certain entities to purchase Professional Indemnity Insurance, for example, for others it is not the case.  Only a specialist broker will be able to guide you through these requirements.

Advising FCA Regulated entities on insurance matters is Protean Risk’s core business.  We understand different insurers' capabilities, strengths and weaknesses so can identify the insurers likely to provide the best terms and pricing for your risks, which we can then benchmark internally.

What makes Protean Risk stand out is our expertise in the key risk areas of Professional Indemnity, Directors' & Officers' Liability and Cyber Risk.  This has resulted in over 95% of our clients describing us a ‘experts in their business sector’ in a recent survey.

Why you should try us

Key related services

Key contacts

Richard Austwick BA Dip CII
Account Director - Financial Institutions Team Leader

020 3763 5363
richardaustwick@proteanrisk.com

 

get a quote

What our clients say

Protean Risk was incredibly helpful and understood our business immediately. Most importantly they got us a deal we were very happy with in a really short space of time. In summary Great people to work with!

Protean helped us make a substantial saving on the insurance renewal terms put forward by our existing broker, offering like for like coverage. At the outset the team at Protean took the time to understand our business and ensure it was accurately represented to insurers. Protean’s use of an open-market strategy which is not restricted to a scheme has given us choice and delivered a very good result. We would certainly recommend them.

Having used Protean to arrange insurance covers for our European and US operations, we have found the Protean team to be very helpful and professional. We are very happy that we can rely on their knowledge and expertise in the insurance market and I am sure they will be a partner we can trust to support our global growth.

Find out why clients choose us

Latest thinking

European Crowdfunding Service Providers Regulations
10 JUL
News / by Richard Austwick, Dip CII
European Crowdfunding Service Providers Regulations

An insurance solution that has been approved by local regulators. Read more...

ESG as a professional risk
05 APR
News / by Edward Pring
ESG as a professional risk

Financial Institutions can overlook their exposure to ESG risks. Read more...

See more