Our tailored insurance solutions safeguard assets, employees, and customer trust, ensuring your institution remains resilient and financially secure in a regulated industry.
Financial institutions operate in a high-stakes environment where trust, compliance, and security are paramount. Whether you're a credit union, mortgage manager, boutique fund, or financial planning firm, you face regulatory scrutiny, cyber risk, and liability exposure on a daily basis.
At Angelic Insurance, we provide general advice to help financial services providers compare relevant cover options such as professional indemnity, management liability, cyber liability, crime cover, and public liability. We work with reputable Australian insurers to help ensure your risk profile aligns with AFSL obligations, ASIC oversight, and client expectations.
Whether you’re offering advice, managing funds, or processing payments, we support you in considering protection that defends your reputation, safeguards operations, and meets compliance standards.
Protect people, property, and cash flow
Identify and mitigate business risks
Professional guidance from experienced brokers
Meet legal and contractual requirements
Main Problems/Challenges Financial Institution Face and How We Can Help Solve Them.
Financial institutions from banks and credit unions to investment firms and lenders operate in one of the most highly regulated sectors in Australia. From cyber risks and fraud to compliance breaches and client disputes, the right protection safeguards your organisation’s financial integrity and reputation.
Even experienced financial professionals can face claims of providing incorrect advice or failing to disclose important details, leading to significant client losses and regulatory action.
We provide Professional Indemnity cover options that help with legal defence and compensation costs arising from claims of negligence, errors, or misleading advice.
Financial institutions are prime targets for cybercrime. A data breach, ransomware attack, or system hack can compromise client data, disrupt transactions, and cause reputational damage.
We offer Cyber and Privacy Liability cover options that assist with investigation, data recovery, notification, and legal costs following a cyber incident, keeping your business compliant with APRA CPS 234 and the Privacy Act.
Internal fraud, theft, or unauthorised transactions can result in serious financial loss and loss of trust among clients and stakeholders.
Our Crime and Fidelity cover options help recover financial losses caused by internal fraud or dishonesty, maintaining the integrity of your financial operations.
Financial institutions must comply with ASIC, APRA, and AUSTRAC regulations. Breaches even accidental can lead to investigations, fines, and reputational harm.
We provide Management Liability and Statutory Liability cover options to assist with legal representation, investigation costs, and penalties for unintentional regulatory breaches.
Clients may allege misleading advice, product misrepresentation, or financial mismanagement. Class actions can also arise from systemic errors or data issues.
Our Professional Indemnity and Management Liability cover options help with legal defence and settlement costs, ensuring your organisation can respond effectively while protecting its reputation.
Disruptions to digital platforms, payment systems, or IT infrastructure can halt client services, cause revenue loss, and trigger compliance issues.
We offer Business Interruption cover options that help with income replacement and recovery expenses after a system outage or insured event, ensuring service continuity.
Simple administrative or system errors such as incorrect deposits, transfers, or reporting can lead to costly rectifications and potential client claims.
We provide Professional Indemnity and Errors & Omissions cover options to help manage compensation and correction costs related to transaction or administrative mistakes.
Leaders in financial institutions are personally exposed to claims of mismanagement, breach of duty, or non-compliance with corporate obligations.
We offer Directors and Officers (D&O) Liability cover options that protect individual executives and board members against personal financial loss arising from managerial or governance-related claims.
Our proven six-step process ensures you get the right coverage at the right price
We review your care model, resident acuity, incidents and claims, compliance findings, staffing mix, and maintenance regimes.
We prepare accurate data and highlight risk improvements already in place.
We approach suitable Australian insurers and specialist agencies, negotiate wording improvements and sub limits, and target total cost of risk savings.
You receive a side by side comparison with premiums, deductibles, inclusions, exclusions, and recommendations.
We place cover, issue certificates, and brief your team on notification procedures.
We approach suitable Australian insurers and specialist agencies, negotiate wording improvements and sub limits, and target total cost of risk savings.
At Angelic Insurance, we prioritise clarity and honesty. Our communications avoid jargon and "fine print traps," giving clients peace of mind that they fully understand their coverage. This builds credibility, an essential differentiator in a crowded insurance market.
We map your operational risks to specific policy clauses, not just headings.
We benchmark limits and sub-limits against contracts and catastrophe scenarios.
We coordinate valuations, BI worksheets, and claims-readiness plans.
We explain what is and is not covered in clear language and document assumptions.
Hear From Families and Businesses Who Trust Angelic Insurance
Don't just take our word for it, hear from businesses and families. See what businesses and families say about working with us who've chosen Angelic Insurance and shared their own experiences about working with us.