Fintech firms sit between finance and tech. A standard professional indemnity or tech E&O policy usually leaves a hole.
Meshed is an FCA-regulated UK broker. We place specialist fintech insurance covering professional indemnity, directors’ and officers’ liability, cyber, crime, and the covers regulators actually ask for, from a panel of insurers. Broker fee is a flat 10%, with no admin add-ons.
Who this is for
UK-authorised and pre-authorised firms, including:
Payments, EMI, and e-money
AISPs and PISPs
Lending, credit, and BNPL
Wealth, advice, and investment platforms
Crypto, digital assets, and Web3 businesses we can place
Insurtech and embedded-finance products
If you are not sure insurers will treat you as fintech, that is the first thing we check. Some models need a specialist market. Others are tech PI with a payments add-on.
Who we have helped
We have placed cover for early-stage UK fintechs: firms that needed insurance to land an enterprise client, firms putting a programme together for a regulatory application, and firms with niche models that do not fit a standard tech or financial-institution wording.
What fintech insurance usually includes
Professional indemnity / E&O, covering both the software and the financial product
Directors’ and officers’ liability, including extra limits for non-execs where needed
Cyber, including incident response, sitting with the PI so one event is not bounced between policies
Crime and fidelity, including employee and third-party payment fraud
Regulatory investigation costs
Employers’ liability and public liability
Tech-only PI often excludes financial services. Traditional financial-institution wordings often exclude software failure, contractors, and IP. A separate cyber policy can mean two excesses for one incident.
Payments firms and PSD2
If you are an AISP or PISP, you need professional indemnity (or a comparable guarantee) at the limits in the Payment Services Regulations. We place this with markets that will issue a certificate your lawyer or the FCA can accept. The same idea applies to other licence conditions: we only quote paper the regulator asked for.
How Meshed works
You tell us the model: what you do, licences, volumes, headcount, and current cover.
We review documents and flag gaps in limits, exclusions, territory, and contractor wording.
We go to our panel and come back with options.
You bind. We stay on for mid-term changes and renewal.
Straightforward SME risks are often quoted in minutes. Specialist fintech placements can take longer. We will say that up front.
FAQs
What is fintech insurance?
A programme built for firms that combine software with a financial product. It usually blends professional indemnity, D&O, cyber, and crime so a claim is not declined for being the other class.
Do I need it if I already have tech E&O?
Often yes. Check the financial-services, advice, and contractual-liability exclusions. If those are carved out, you do not have fintech cover.
How much cover do I need?
It depends on your licence, contracts, and volume. Many UK fintechs start between £1 million and £10 million of professional indemnity. Platforms moving larger value need more. We size it to the regulator and to your customer contracts.
Can you cover a UK company with overseas customers?
Usually, with the right territorial and jurisdiction wording. Some countries need a local policy.
Are you an insurer?
No. Meshed is a broker. Mesh'd Limited trading as Meshed is authorised and regulated by the Financial Conduct Authority under firm reference number 1033248.
How fast can we bind?
Clean renewals and standard SME fintech can be same-week. New authorisations, crypto, or high-loss histories take longer.
Vincent Liu
Co-founder & CTO
