Financial Institutions Insurance Scheme

Exclusive insurance scheme offered by Protean Risk powered by specialist insurer Hiscox and for all types of financial institution.

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Explanatory insurance guides

Cyber & Data Risks, Professional Indemnity, Directors' & Officers' Liability and Professional Indemnity Claims guides.

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PSD2 Compliant Insurance Scheme

Combining Professional Indemnity, Data Security and Directors’ & Officers’ Liability insurance in one convenient package.

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Specialist insurance and risk knowledge

Appointed Representatives

With over 100 AR clients, Protean offers a depth of PI and D&O experience

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Corporate Finance

As a specialist broker we can help you get the cover that is most appropriate for you

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Crowdfunding Platforms

Unrivalled insurance knowledge advising start-ups through to established platforms

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FCA Authorised Entities

Over 90% of Protean’s clients are regulated by the Financial Conduct Authority

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FinTech & Technology

We have invested to understand the sector and insurance market options 

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Fund Mangers

Our knowledge and experience translates into tangible benefits

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Independent Financial Advisers

We are one of the leading and fastest growing specialist IFA brokers in the UK

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Private Equity & Venture Capital

Highly experienced including our 'Portfolio Company Insurance Health Check’ service

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Wealth Managers

We understand the specific exposures to professional negligence 

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What our clients say

After speaking to a number of potential providers, we chose Protean to arrange our PI cover because we were impressed by their understanding of the unique characteristics of the specific niche market that we operate in and their ability to source bespoke cover at a competitive cost. I have no hesitation in recommending their services.

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 found the team at Protean to be extremely helpful and efficient, delivering a higher level of service than we had previously experienced. Working together, we were able to achieve a more competitive premium for our Professional Indemnity Insurance renewal. We would happily recommend them.

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 refer all of our PII enquiries to Protean because they have been able to find insurers for our clients when other brokers could not

The team at Protean Risk were able to give expert advice and demonstrate an in-depth knowledge of the IFA insurance market which allowed us to save money and retain our current insurer. It is very appealing to work with a broker that matches our own profile and has similar values in relation to client service. We would highly recommend them

We needed to put in place our first policies after raising financing. We found Protean to be efficient, appropriate and very helpful.  We will use them next time!

Protean Risk has arranged the professional insurances for Ledbury Partners since we started the business. Throughout this time they have demonstrated an in-depth knowledge of the AIFM sector and our insurance requirements as a hedge fund manager. They continue to perform at a high level and we would definitely recommend them. 

Protean were both knowledgeable and helpful in helping us obtain our PI and D&O Insurance. Nathan had an implicit understand of the market and what we required from our insurance, and was successful in quickly obtaining cover that was both more comprehensive and significantly more cost effective than we had had previously. Very happy with the whole process.

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Latest insights

Christopher Dyke Joins Protean Risk
24 OCT
News / by Nathan Sewell
Christopher Dyke Joins Protean Risk

Protean Risk announces a new hire as expansion continues Read more...

IFA PI insurance market update
13 OCT
News / by Julian Brincat
IFA PI insurance market update

A review of the IFA Professional Indemnity insurance market conditions Read more...

Who will pick up the bill if DB transfers turn sour?
19 SEP
News / by Julian Brincat
Who will pick up the bill if DB transfers turn sour?

Julian Brincat contributes to an interesting FT Adviser article. Read more...

Protean Risk launch specialist PSD2 Insurance
17 AUG
News / by Nathan Sewell
Protean Risk launch specialist PSD2 Insurance

Launch of what we believe is the first 'PSD2 compliant' insurance policy Read more...

See more