What we offer

Wealth Managers operate in a highly regulated environment and must comply with the rules set out by the Financial Conduct Authority (FCA). Whilst it is mandatory for Wealth Managers to purchase Professional Indemnity Insurance, the quality of insurance varies greatly. Only a specialist broker will be able to guide you through the process and insure that you get the cover that is right for you.

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 risk profile, which we 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 90% of our clients describing us a ‘experts in their business sector’ in a recent independently managed client survey.

Why you should try us

Key related services




Key contacts

Julian Brincat
Director, IFA

020 3763 5350

Richard Austwick, Dip CII
Senior Account Manager

020 3763 5363


get a quote  

What our clients say

When starting a new business from scratch you meet a lot of new people and can be pleasantly surprised. This has been the case with Protean Risk, who I had not dealt with previously, but were introduced to whilst gaining FCA approval for our investment management firm. They have proved to be efficient and effective in obtaining competitive PI terms for us from the start and during our subsequent rapid growth.

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

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.

We have used Protean as broker for our PI insurance since we set up our business. They have always been responsive and are both experienced and knowledgeable about the requirements of Financial Services firms and the risks we face

Find out why clients choose us

Latest thinking

Protean Risk joins unisonSteadfast
21 MAR
News / by Omar Elhag
Protean Risk joins unisonSteadfast

We have joined an international network of close to 600 medium-sized independent broker members. Read more...

GDPR Fines - Affirmative Insurance Coverage
15 MAR
News / by Tristan Sargeaunt
GDPR Fines - Affirmative Insurance Coverage

Businesses can now get insurance for GDPR exposure

See more