What we offer
We recognise that fintech is one of the most vibrant sectors in the world right now, harnessing the latest intellectual capital, leading technologies and revolutionary partnerships to disrupt established processes in the financial services industry. Operating a business in such a specialist and evolving environment means fintech firms face complex risks which is why we’ve launched, what we believe to be, the first dedicated Fintech and Payment Services unit.
Our dedicated team work closely with all types of fintech operators to identify risks and successfully deliver the best possible risk mitigation and insurance solutions to meet your requirements. We constantly engage with key influencers in the sector, keep up-to-date with changing regulations and maintain dialogue with fintech industry associations including the Emerging Payments Association and Association of Foreign Exchange and Payment Companies to ensure your insurance coverage is tailored to your needs.
We offer clients comprehensive insurance protection against direct losses and third party liability risk via our proprietary fintech wording. Coverage is tailored to offer a bespoke fintech solution, as opposed to traditional off-the-shelf insurance forms which do not effectively address the full scope of exposures.
We also offer Protean Fintech Insurance, revolutionising the protection available for all sizes of firms from start-ups to unicorns. Our video below explains how we can help protect the risks you might face so you can focus on growing your business.
Why Protean Risk?
- Exclusive Protean Fintech Insurance Scheme
- Dedicated Fintech and Payment services team
- In-depth sector experience developed from serving a wide variety of clients
- Regulatory awareness through collaboration with regulatory experts
- Specific knowledge of fintech-related insurance products and wordings
- Access to a wide choice of insurers offering competitive premiums
Key contacts
Key related services
- Protean Fintech Insurance
- Professional Indemnity
- Payment Services Providers
- PSD Bond
- PSD2 Insurance
- Cyber Risks
- Crime Insurance
- Directors’ & Officers’ Liability
Helpful Insurance Guides
What our clients say
We were introduced to Protean by a trusted partner in 2016 and have worked with them ever since. As experts in Fintech Insurance, they provide a high level of technical expertise, coupled with excellent service. Protean are well connected in the Fintech arena and are also a useful sounding board on broader risk and insurance matters.
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!
We were recommended to work with Protean by one of our Venture Capital investors. As a fintech business we have very specific requirements, meaning that we require support from advisers with the expertise in our sector. We found Protean Risk to be knowledgeable, organised and supportive throughout the process. We would be happy to recommend their services to others.
We were introduced to Protean by the firm who were helping with FCA authorisation. They really understand the PII cover requirements for PSD2 and were very quick to review our business model and services. They provided multiple options with comparisons which helped us to clearly understood and choose appropriate risk cover. We surely continue to use and recommend them.
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