Insurance for investment advisors

At Lockton Affinity, we understand that the traditional financial profession is changing rapidly.

With more available solutions for clients and vast regulatory reform, the scope of duties for financial professionals continues to change. We’ve developed the right coverage at the right price to meet these changing needs.

(Coverage is provided by Beazley, a Lloyds company.)


As an investment advisor, you face a multitude of risks, and Errors & Omissions (E&O) Liability Insurance with fiduciary coverage is a critical piece of protection for you and your career. E&O covers certain legal fees, judgments or settlements resulting from claims and litigation brought against you for the services you provided.

Fiduciary coverage meets ERISA standards and ensures any fiduciary duties you perform are also covered.

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Many industry groups and associations offer E&O policies with shared aggregate limits. With a shared limit policy, there is a chance the limits could be consumed by the time you need them.

Lockton Affinity Advisor’s E&O policy has individual limits, so you will always have access to your full policy limits.

Key components of E&O insurance for investment advisors

Our E&O Insurance for investment advisors offers:


From cost of correction to a breach of fiduciary duty claim, this policy provides exactly what you need as an investment advisor.


Lockton Affinity Advisor’s E&O policy has individual limits, rather than a huge master policy with shared aggregate limits. There is no sharing of the policy, so you will always have access to your full policy limits. You also get to choose your insurance limit—$500,000 each claim/aggregate or $1,000,000 each claim/aggregate.


With coverage from Lockton Affinity Advisor, you can apply online in minutes. The ease of working with us doesn’t stop when you buy a new policy. In the event of a claim, our knowledgeable, friendly staff work hard to get you back to business.

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Through Lockton Affinity Advisor, you can add cyber liability to your E&O policy. Together, these policies address many of the deficiencies found within the marketplace, where sparse coverage, hidden fees and no available cyber coverage are common.

Financial exposures from a cyber incident can exceed $250 per record. With Lockton Affinity Advisor’s Cyber Liability Insurance, you no longer carry the risk of these costs.

Adding our Cyber Liability to your E&O policy is quick and easy. It takes just 3 minutes to apply to get tailored coverage that meets your needs.

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Risk Management Library

Explore our valuable risk management resources that are designed to help financial professionals like you reduce the chance of having a claim filed against you.

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HAVE QUESTIONS? Visit our FAQ page for information about Errors &
Omissions insurance, Cyber Liability coverage, policy details and more.

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Contact Us

If you have any questions about Lockton Affinity’s Advisor Insurance Program, please call one of our knowledgeable Associates today or fill out our contact form.

(844) 406-5958
Phones are answered Monday through Friday, 7 AM to 5:30 PM (CST).