Professional indemnity insurance for stockbroking professionals

Stockbrokers require a robust and agile professional indemnity product to support them in navigating the daily tumult of the marketplace, interpreting longer-term opportunities, and advising clients on financial risks and rewards. Arm yourself with the knowledge you’re protected against alleged negligence, error or omission

Nadic has access to professional indemnity cover specifically written to address the risk exposures inherent in operating in capital markets. We are a leading insurance broker for the financial industry.

We can help your brokerage improve performance and instil confidence by identifying and managing your exposures, such as:

Check Icon Breach of client investment agreement
Check Icon Mismanagement of funds resulting in underperformance
Check Icon Breach of disclosure rules
Check Icon Failure to disclose conflicts of interest
Check Icon Failure to execute client orders timely or accurately
Check Icon Agents acting outside of their authority
Check Icon Misleading or deceptive research reports
Check Icon Unit pricing errors

Risk management services that support stockbrokers

Adequate cover is necessary for a firm’s financial integrity and investor protection within the highly dynamic securities industry. We can provide risk management services that cover a brokerage’s exposures beyond professional risks, including:

  • Duties of directors; covered with directors and officers liability,
  • Liabilities arising as an employer; covered with employment practices liability, and
  • Losses arising from a third party and employee fraud.

Make sure you have adequate cover

At Nadic, we understand that every client is unique; our brokers listen to our clients to understand what’s important before tailoring best-fit risk management and insurance plan.

We deliver results for our stock broking clients by personally-brokering each insurance contract with several specialist insurers, all of whom have in-house legal claims management expertise. Nadic is dedicated to providing easy-to-understand and streamlined premium options for the securities industry.

Download our brochure here.

 

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If you are interested in finding out how we can help, please contact us or request a quote online here