Market-leading FinTech insurance

CFC’s FinTech insurance policy provides tailored solutions for businesses operating at the intersection of technology and finance.

Digital innovation is transforming financial services across the world. New technology and distribution methods are enabling faster and more accessible financial products. While this is great news for customers, the integration of technology into traditional financial services can create a unique combination of risks for companies in this space.

Download our Intro to FinTech guide
Market-leading FinTech insurance

As technology continues to transform global financial infrastructure, the insurance industry needs to adopt a modernized approach for FinTech businesses.

Find out more about our market-leading FinTech policy



Purpose built policy for the ever-changing fintech industry and those companies operating in it.

Want to learn more about CFC’s FinTech policy?

Get in touch!

CFC’s fully blended policy addresses the unique risk profile of FinTech businesses

FinTech businesses bridge both finance and technology sectors, so they are open to a wide range of traditional and emerging risks. Here are some sub-sectors we cover:

Digital banking

Digital banking platforms and apps use technology to disrupt traditional financial services and offer different solutions. These services are usually focused on one specific financial service or end customer.

Digital banking can also include banking as a service (BaaS), or the provision of banking products and services to third party platforms.

Many existing FI E&O policies have not adapted to the increased reliance on technology, leaving FinTech companies exposed to technology failure and errors.

Digital banking

Investment platforms and services

Investment platforms can cover a range of services, from ready-made investment portfolios and AI investment advisors to crowdfunding. This has enabled even novice investors to easily invest in share portfolios and equity investments at the click of a button.

Advancement in technology has allowed these services to be offered to many who otherwise wouldn’t have access, but these platforms can have fundamental issues in undertaking due diligence and investor suitability, which has led to increased scrutiny from financial regulators.

Investment platforms and services

Payment services

Technology in payment services has revolutionized the way we spend, send and track our money. The development of Open Banking regulation in many territories has paved the way for new payment competitors to develop offerings to compete with larger financial institutions.

The high levels of fund movement and high growth in these firms can lead to blind spots in controls and procedures, leaving firms vulnerable to theft by employees or third parties.

Payment services

Meet the team

  • Hannah Durrant
  • FinTech Team Leader
  • Steve Bowers
  • Fintech Development Manager
  • Josh Huckin
  • FinTech Underwriter

What does CFC's FinTech policy cover?

  • E&O (covering both financial and tech liability)
  • D&O to protect against director’s personal liability arising from the operations of the organization
  • Crime coverage for employee infidelity and third-party fraud
  • Cyber extension tailored to address privacy and cyber events, plus access to an experienced incident response team
  • Regulatory investigation costs coverage
  • Coverage for sub-contractors liability included under E&O to protect against any error or admission by a third-party sub-contractor
  • Additional D&O limits for non-exec directors
  • EPL, PTL, GL and Property extensions available
  • Worldwide coverage
bodily injury arising from tech E&O


What are FinTechs?

FinTechs are technology-led financial services companies which provide consumers and businesses with innovative tools and products to manage and control their money, such as app-based banking, digital lending, investment platforms, trading platforms or money transfer services.

Like many emerging businesses at the intersection of technology and industry, FinTech businesses aren’t likely to find all of their exposures covered in a single policy. For instance, traditional FI policies won’t necessarily cover liability arising from the failure of technology, sub-contractor liability or IP infringement. On the other hand, tech E&O insurers aren’t likely to cover exposures from the provision of financial services products, advice or provide comprehensive regulatory investigations coverage.

FinTech companies bridge both the finance and technology sectors. While traditional exposures of professional liability, management liability and crime are still present, the integration of technology creates emerging threats and heightened privacy concerns.

With a CFC FinTech insurance policy, making a claim can be as simple getting in touch with one of our FinTech experts who can offer guidance throughout the process and help to get the right support.