Protean Risk's Fintech and Payment Services team set themselves apart with their knowledge and innovation. Clients include payment service providers of all sizes and types, from start-ups through to some of largest and best known brands.
We have especially helped our PSP clients to manage the emerging risks and obligations that come with new regulations. In 2017 we developed the first ‘compliant’ PSD2 Insurance product to come to market for those firms seeking Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) permissions. Then mid-2019 we launched PSD Bond, the first and currently only insurance contract that meets the requirements of PSD2 and the EMD.
Protean Risk is a Lloyd's Broker delivering specialist insurance broking services to firms in the investment industry, financial services, fintech and technology sectors. Our specialism is borne out in our client survey where 95% of our clients agreed that we are experts in their business sector. Our relationships with a broad range of insurers facilitate access to products which are best suited to the specific business needs of our clients. As these client needs change over time our depth of market access will ensure we can continue to match their requirements with market leading solutions.