Protect your Financial Planning Business with Acquire Insurance.
Financial Planners are exposed to many insurable exposures which can be minimised by implementing the correct policies. These policies include professional indemnity, management liability and cyber insurance. Due to the complexity of these policies and the limited capacity in the market it is important to have an experienced broker with sophisticated underwriting networks in your corner to ensure your cover is correctly placed and adequate. We have a wealth of experience in providing insurance solutions to financial planners ranging from small independent AFSL’s to large dealer groups.
When choosing Acquire as your broker you will gain access to our referral program for all authorised representatives of your License. We partner with many licensees as sponsors of conventions and PD days as well as provide education programs via webinars and through educational content for circulation.
Due to the sensitive information gathered by financial planners combined with the potential fines and penalties associated with data breaches it is vital to have a comprehensive stand-alone cyber insurance policy in force. Following the initial cyber attack there is also a large exposure for loss of income which can be covered by a cyber policy. The frequency and severity of cyber crimes and events is continuing to rise and financial planners need to be following strict risk mitigation processes in addition to holding an adequate cyber policy.
Financial Planner Insurance Products
- Professional Indemnity
- Management Liability
- Cyber Insurance
- Public Liability
- Business Package/ISR
The financial advisor professional indemnity market has hardened severely over the last few years and the entire market has seen a sharp increase in rates and premiums. At Acquire we have far reaching networks of insurers and underwriters to ensure you are receiving the most competitive premiums in the market.
Due to the complexity of claims it is important that financial planners have an experienced insurance broker in their corner. At Acquire we will implement a comprehensive policy to provide the best result come claim time. Your experienced broker will manage the claims process from start to finish to ensure the best result is obtained. Open and continuous communication between the policy holder and Acquire is vital to the success of the insurance program.
Tailor Made Policies
At Acquire we have specialist brokers that will ensure that specific exposures faced by financial planners are covered under your bespoke policy. We have experience with all AFSL models from individual general advice advisors to large dealer groups with sophisticated product offerings.