Financial Institutions Industry Insurance

Protect your financial institution with Canopius’ tailored financial institutions insurance.

Financial institutions face complex and evolving risks, from cyber threats and regulatory pressures to reputational damage and operational disruptions. Without the right insurance, these challenges can jeopardise your business, undermine client trust, and stall growth.

With more than 20 years of industry expertise, Canopius delivers tailored financial institutions insurance designed specifically for your company. Our deep understanding of the financial sector, proven track record, and commitment to excellence make us the trusted choice for safeguarding your business, reputation, and future.

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Our insurance products for financial institutions

Canopius offers the following insurance products tailored to the financial institutions industry:

Casualty Treaty Reinsurance

Credit Risk Insurance

Cyber Insurance

Delegated Commercial Property Insurance

Financial Institutions Insurance

Management Liability Insurance

Political Risk Insurance

Professional Indemnity Insurance

Specialist Consumer Products Insurance

Our expertise is in insurance solutions

At Canopius, we understand the risks faced in the financial institutions industry and have a range of solutions built to support your business.

Casualty Treaty Reinsurance

We offer Reinsurance solutions for institutions requiring broader portfolio protection, including liability and workers’ compensation risks.
Mitigate the risk of non-payment and default in cross-border and domestic trade, providing financial institutions with protection against credit losses.

Safeguard your institution from the ever-growing threat of cyberattacks. Our policies cover data breaches and ransomware attacks to minimise disruption and financial loss.

Provides financial institutions with tailored property cover through delegated authority schemes, protecting commercial buildings and assets from risks.

Our broad coverage is designed to protect against operational, financial, and reputational risks specific to financial institutions.

A bespoke solution combining professional indemnity, management liability, and crime cover for financial institutions.

Comprehensive cover for institutions involved in international trade, protecting against disruptions caused by political instability or economic uncertainty.

Protect against claims of negligence, errors, or omissions that may arise from the professional services you provide. We offer essential cover for safeguarding your reputation and financial stability.

We provide tailored solutions for organisations delivering financial services directly to consumers, offering protection for specialised risks unique to this sector.

Why choose Canopius?

Canopius Syndicate 4444 is the largest in Lloyd's of London with a £2.55 billion capacity

We have built our trust and reputation across the globe offering insurance expertise, from the largest capacity in London to the single largest Lloyd’s syndicate in APAC. 

Our reinsurance and US business are tailored to meet your needs as a bespoke insurance provider, offering distribution partners a variety of underwriting platform solutions to suit each client.

More than 20 years of experience

Backed by more than 20 years of experience, we have built a reputation for excellence in financial institution insurance — delivering tailored solutions that protect your investments and manage complex portfolios.

In 2024 the Canopius Group wrote $3.53 billion (USD) of insurance contract written premium

With a portfolio exceeding $3.53 billion in annual gross written premiums, our syndicate is trusted globally to provide robust and reliable coverage for a diverse range of construction and engineering risks.

Our specialists provide cover for

  • Asset management firms
  • Banks and building societies
  • Credit unions and cooperative financial institutions
  • Custodians and clearing houses
  • Insurance companies
  • Investment advisors and brokers
  • Multinational financial institutions
  • Payment service providers and fintech companies
  • Private equity and venture capital firms
  • Trading platforms and market intermediaries

Each policy is customised to address the unique risks faced by your organisation for your peace of mind.

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