Financial services and institutions

The financial services industry is unique featuring heavy regulation, highly volatile products and markets, and an ever increasing dependence on technology for control, distribution and leverage.

The challenges in managing risk are significant. We partner with a select number of specialist insurance institutions throughout Australia and in London because we know an intimate knowledge of the financial services industry is essential. These partnerships and our expertise, allows us to develop tailored solutions for your business.

Dedicated Resources

In recognition of the individual risks and needs faced by Australian financial license holders and institutions, AB Phillips has established a team of Financial and Insurance Institutions Insurance specialists.  This team is a dedicated national resource with extensive specific industry experience gained from both within financial institutions and as professional advisers to the industry.

Risk management services for the financial services industry

AB Phillips can work closely with you to develop innovative solutions which will consider financial risk insurance products, human resource consulting, risk due diligence and asset protection. In addition, for our larger institutions or for groups and associations, we also offer services relating to risk profiling, total cost of insurable risk, fronting and captive retention & will always consider alternative risk financing.  Our structured approach to the task of insurance broking will ensure you have solutions which match your unique risk profile and objectives. We consider specific factors including:

  • Workforce, customers and suppliers

  • Regulatory and compliance requirements and pressures

  • Diversity of your business activities

  • Total cost of insurable risk as well as your expressed ‘risk appetite’

  • Balance sheets strengths and leverage

  • Availability (or otherwise) of suitable solutions in the market

Ultimately, success to us is not just covering your risks. True success is allowing us to support you in creating or maintaining a sustainable competitive advantage through good practice risk management.

Our team is focused on the needs of the whole industry and is well equipped to work with clients from all areas including:

  • Venture capitalists/private equity

  • Securitisation vehicles

  • Stockbrokers & financial market trading platform providers

  • Investment banks/corporate advisory

  • Friendly societies

  • Financial Planners

  • Superannuation/fund managers/trustees/trusts/ Open-Ended Investment Companies (OEIC’s)

  • Mortgage brokers

  • Hedge funds


Contact a professional services insurance expert

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