Cover in an ever-changing world
Navigating a fluctuating fiscal and regulatory landscape means financial institutions need to grapple with increasing obligations whilst delivering value to their customers. As your business adapts to these changes, we're here to help you maintain flexibility and agility.
We tailor Financial Institutions policies to the needs of your business. Offering financial products and services in a challenging economic climate, we have a team of professionals dedicated to supporting your business needs.
Why choose us for Financial Institutions insurance?
With clients that range from global banks and local building societies to asset managers and investment funds, our underwriters have extensive experience across a range of industries and locations, enabling them to provide cover designed to help meet regulatory needs and protect against industry-specific risks.
We take a flexible, client‑focused approach, working closely with brokers and insureds to understand individual risk profiles and tailor cover to the exposures faced through our suite of Financial Institutions products.
Our dedicated team of experts are here to provide you with cover that's right for the needs of your business, and with both Company and Lloyd's expertise, we have a range of solutions available.
Alongside our insurance cover, Aviva customers benefit from a range of support services and helplines designed to help navigate the complexities of running an organisation, including legal, tax, risk management and employee wellbeing support:
- Legal and Tax helpline – for advice on legal or tax matters in the UK
- Risk Solution helpline – for advice on safety, fire, security and other issues
- Counselling Service helpline – confidential service available to your staff to help with deal personal issues such as bereavement, divorce, etc
- Aviva BusinessLaw – this service is built specifically to help businesses manage a wide range of business and legal issues
What does the cover offer?
Our Financial Institutions (FI) cover provides a specialist suite of solutions for regulated financial services businesses. The products can be arranged as standalone cover or as a combined solution, depending on the client’s activities and risk profile.
- FI Directors’ & Officers’ Liability (D&O) - responds to both traditional and emerging exposures facing directors and officers. It helps to protect against claims made against them in their insured capacity.
- Fund Directors’ & Officers’ Liability (Fund D&O) - Specific cover for an investment fund to help protect directors and officers from claims made against them in their insured capacity, reimburses the fund when it has indemnified an insured person and can include cover for securities-related exposures, if purchased.
- FI Professional Indemnity (PI) - responds where a financial institution faces claims arising from negligence, errors or omissions connected to the professional services it provides.
- FI Crime - helps protect against financial loss arising from dishonest or fraudulent acts for both internal and external crime scenarios, including social engineering fraud.
Additional optional product
- Investment Management Insurance (IMI) - a dedicated product specifically for Investment Managers. It combines management liability, professional indemnity, and crime protection into one product, helping to protect investment managers against unique risks, including AIFM exposures.
Head of Financial Institutions
Samantha Shean
Samantha has a wealth of technical and market knowledge in Financial Institutions with over 25 years in the industry. Always maintaining her specialism in this area, Samantha spent the first part of her career as a broker in various Financial Institution roles, both in Australia and the UK. She has been an underwriter for the past 17 years and now leads the team who have over 80 years of experience in this market.
Regional Financial Institutions Lead
Leighann Saunders
Leighann has over 15 years of expertise in Financial Lines Underwriting, including Financial Institutions from 2017. She has spent her career developing her expertise in both the London and Regional market, with prior experience working at both large international insurers and a specialist MGA. She now leads the Regional FI team at Aviva, working closely with partners to create tailored solutions supporting strong broker and client relationships.
More from us
Multinational Capabilities
We can lead global insurance programmes worldwide through our London-based Multinational Hub and our partner network covering 180 global territories. We strive to provide a seamless, client-focused end-to-end service – creating controlled master programmes for corporate clients.
Our underwriting appetite
Our diverse underwriting appetite allows us to write more than you may think.