FinTech Insurance
Specialist insurance solutions for FinTech companies, arranged through our carefully selected panel of insurers to protect your innovative financial technology business.
Business Insurance | Technology Insurance | Fintech Insurance
Tailored insurance arrangements for the financial technology sector
Our Technology, Media & Cyber (TMC) team arranges a wide range of insurance cover designed specifically for FinTech businesses across the UK and internationally. With decades of experience in the technology and financial services sectors, we understand that traditional insurance solutions don’t always suit innovative companies. We work with insurers who provide dedicated policy wordings for your trade.
FinTech companies face unique challenges where financial services regulation meets technological innovation. From FCA compliance requirements to the evolving threats of cyber crime and social engineering, your business operates in a complex risk environment. Algorithm failures, payment processing errors, and data breaches can lead to significant claims, while rapid growth brings additional exposures around intellectual property, employment practices, and management liability.
Our TMC team works with FinTech businesses at every stage – from startups seeking their first regulatory permissions to established platforms processing millions of transactions. This extensive experience enables us to arrange insurance solutions that provide appropriate protection while adapting to your evolving business model.
What insurance cover can we arrange for
Fintech businesses?
We arrange a wide range of insurance cover through our panel of insurers, addressing both professional and business risks:
Technology Errors & Omissions Insurance
For FinTech companies, this addresses risks including but not limited to algorithmic failures, incorrect payment processing, flawed financial advice, data handling errors, or breaches of regulatory requirements. Our specialist team understands the unique professional risks in financial technology.
Cyber Liability Insurance
Having a range of cyber protection has become crucial for FinTech operations. We arrange cover that addresses privacy and data breaches, cyber crime and social engineering, cyber extortion and ransom demands, and business interruption from cyber incidents. Given the sensitive financial data FinTech companies process, our TMC team can arrange policies with appropriate limits and cover extensions.
Intellectual Property Insurance
FinTech innovation often involves proprietary technology and processes. We can arrange cover for intellectual property disputes, helping to protect your business against claims of infringement and helping defend your own IP rights. This specialised cover is particularly relevant for companies developing new financial technologies or algorithms.
Management Liability Insurance
This cover helps protect your directors, officers, and management team against personal liability claims. It addresses the particular exposures FinTech leaders face from regulatory scrutiny, investor relationships, and employment disputes.
Cyber Crime & Social Engineering
Beyond traditional cyber cover, we arrange specific protection against financial losses from cyber crime and social engineering attacks. This addresses the sophisticated fraud attempts targeting FinTech companies, including funds transfer fraud, invoice manipulation, and impersonation scams.
We can also arrange:
Employers’ Liability Insurance – legally required if you employ staff
Business Property and Contents – protecting your office equipment and technical infrastructure
Business Interruption – covering lost income from insured events
Product Liability – protection if your technology causes third-party losses
Questions?
Ready to protect your scale-up with insurance that matches your ambition? Contact us today to start a conversation. Let’s build a insurance roadmap that powers your growth and reflects your values.
Why work with Jensten's TMC team?
Our approach to FinTech insurance combines specialist sector knowledge with a wide range of market access:
Specialist Knowledge: Our TMC team focuses exclusively on technology, media, and life science sectors. This dedicated approach means we understand both the regulatory environment and technological challenges FinTech companies navigate daily.
Market Access: Through our carefully selected panel, we access insurers with dedicated policy wordings for your sector. This enables us to arrange appropriate cover even for complex or emerging risks.
Scalable Solutions: From startups to multinational companies, we arrange insurance cover that grows with your business. Our policies can accommodate new services, geographic expansion, and evolving regulatory requirements.
Innovation Support: We work with insurers to develop new and innovative covers tailored to emerging FinTech risks.
What Our Clients Say...
How we make it possible
We listen, we understand and we advise.
As one of the UK’s fastest growing insurance brokers, Jensten Insurance Brokers, is an award-winning broker with specialist advisers across multiple classes of insurance cover and sectors. Our track record of delivering for clients makes us a leading choice.
We also strive to be an employer of choice, giving our clients access to passionate, talented advisers, and our people an enjoyable and rewarding career.
Technology News & Insights
Fintech Insurance FAQs
This is one of the more complex insurance areas, so to help you get the protection you need, here is our Fintech Insurance frequently asked questions. We hope they will help, but if you’d like some independent advice, please call us on 01903 444 951, and the team will be happy to help.
The appropriate limit depends on your revenue, transaction values, and regulatory requirements. Many FinTech companies arrange cover between £1 million and £10 million, though larger platforms processing higher values may require increased limits. Our TMC team can help assess your specific needs.
While Technology E&O covers professional negligence in your services, Cyber Liability specifically addresses data breaches, system compromises, and cyber attacks. Given the cyber threats facing FinTech companies, we typically recommend both covers as they protect against different risk scenarios.
Yes, we work with insurers who can provide worldwide cover. Our TMC team has experience arranging insurance solutions for UK companies operating internationally, with policies that can adapt as you enter new markets.
Insurance arrangements should evolve with your business. We recommend reviewing cover when adding new services, entering new markets, or significantly changing operations. Many policies can be amended mid-term to maintain appropriate protection as your company develops.
Our TMC team works with various FinTech subsectors, including blockchain and digital asset companies. We have access to insurers who understand these emerging technologies and can arrange appropriate cover for associated risks.
Talk to our specialists
FAQs
Get the answers to frequently asked questions.