You work in an agile, fast-paced environment. We understand the dynamic nature of your industry, which is why we take a proactive approach that will provide protection today and prepare you for the emerging risks on the horizon.
Our aim is to be the risk and insurance extension of your business. Through collaboration and mutual understanding, we will work with you over the long-term to deliver fit-for-purpose risk solutions.
Why Verlingue
No two businesses are the same, and neither are two risk and insurance programmes. With our relationship led approach you can be confident that our expertise and guidance will provide you with the comfort to focus on growing your business.
We have spent many years developing our understanding of your sector by listening to our customers' needs and following the guidelines of regulators and industry bodies.
Key features
We work with Fintech firms of a variety of sizes to deliver clear, cost-effective solutions underpinned by robust risk management. Together with property and liability insurances we focus on three key areas of cover required for Fintech business:
Professional Indemnity
Business errors and omissions can and do happen. When they do, as with other financial services, protection is essential. In fact, in certain jurisdictions it is not possible to trade without proving cover is in place to the regulator. This cover could also be required when tendering for new business.
Cyber
When cyber incidents occur, they can result in devastating damage to your business. The losses can include response costs, third party claims, restoration costs and reputational damage.
No organisation is immune to the impact of cyber-attacks. As a result, cyber and data protection insurance has become an essential component to any risk management programme and will mitigate the costs your business would suffer from a cyber incident.
Directors’ & Officers’
Claims against directors are on the increase and the cost of claims is rising. This has been driven by a combination of increased litigation and regulatory changes. Having sound cover in place is essential, whether you are start-up or more established, or need to encourage non-executives to join the board.
Our specialist
Luke Abbots-Darbyshire
Corporate Insurance Expert, Technology, FinTech & Crypto Specialist
"As Verlingue's Fintech & Crypto specialist, I have long experience within the Cryptocurrency sector and insurance. My expert knowledge within the space helps to fully understand your business and assist in arranging your Crypto based insurance programme."