Fintech Insurance
Insurance built for the complexity of financial technology. From payment processors to regtech platforms — cyber, E&O, D&O, and crime coverage that understands your regulatory landscape and satisfies your banking partners.
Talk to a fintech insurance specialist
The Challenges
Risks unique to fintech.
Regulatory Complexity
Financial services regulation creates unique liability exposures that generic policies miss.
Cyber Exposure
Handling financial data makes you a prime target for sophisticated attacks.
Partnership Requirements
Banks and financial partners have strict insurance requirements for vendors.
Evolving Risks
New products and services create liability gaps traditional insurers don’t understand.
$704M+
Lost to fraud in Canada in 2025
81%
Of businesses that experienced fraud reported AI-enabled attacks
0.75%
Credit card fraud rate in Q2 2025 — and rising
Who We Insure
Fintech isn't one risk profile. We insure each sub-segment differently.
A payment facilitator moving millions daily and a KYC software vendor share an industry label but almost nothing else about their exposure. Each program starts with which fintech you actually are.
Payments & Processing
Payment facilitators, payment orchestration, money transmission, payroll infrastructure
- Crime and social-engineering coverage sized to daily fund-flow volumes
- Banking-partner minimums — cyber and E&O limits written into sponsor agreements
- E&O for settlement failures, misdirected funds, and chargeback disputes
Lending & Credit
Digital lenders, BNPL, credit infrastructure, underwriting platforms
- E&O for underwriting-model errors and algorithmic credit decisions
- Regulatory defense for fair-lending and licensing inquiries
- D&O structured for loan-book leverage and warehouse-facility covenants
Crypto-Adjacent
Exchange service providers, wallet infrastructure, tokenization platforms, on/off-ramps
- D&O in a shifting regulatory environment — where most carriers decline outright
- Specie and custody considerations for platforms touching digital assets
- Tech E&O wording that doesn’t exclude blockchain-related services
Regtech & Compliance Tech
KYC/AML platforms, fraud detection, transaction monitoring, compliance automation
- E&O where your software failure becomes your client’s regulatory breach
- Contractual liability for compliance outcomes your contracts imply
- Cyber liability for the sensitive identity data your platform ingests
The Fintech Stack
Four core lines, one coordinated program.
These coverages form the core insurance stack for fintech companies. We structure them together — plus regulatory defense and tech E&O where needed — so wording lines up, gaps close, and certificates satisfy banking partner agreements.
Cyber Liability
Breach response, financial data liability, payment fraud, and business interruption — the line banking partners check first.
Learn moreProfessional Liability / E&O
Covers financial losses your clients suffer from platform errors, failed transactions, or service failures.
Learn moreDirectors & Officers (D&O)
Side A/B/C protection for founders and boards, structured to satisfy term sheets and regulatory scrutiny.
Learn moreCrime Insurance
Theft, fraud, and social engineering — often required by partners and investors when you touch money movement.
Learn moreSpecialty Carriers We Place Fintech With
Specialty Carriers We Place Fintech With
Market Access
Three routes to market. One submission.
Fintech risks that don't fit a direct carrier's appetite don't get abandoned — they get re-routed. Summit places fintech programs through direct specialty carriers, wholesale markets, and Lloyd's-backed specialty capacity.
Direct Specialty Carriers
Established relationships with CFC, Beazley, Berkley, and HDI — carriers with real fintech and financial-lines appetite, not generalists stretching to fit.
Wholesale & MGA Markets
For hard-to-place risks — crypto-adjacent, post-incident, or novel product lines — we access managing general agents and wholesale markets that direct-only brokers can't reach.
Lloyd's-Backed Specialty Capacity
Summit Commercial Solutions is a Lloyd's coverholder, giving us direct access to Lloyd's-backed specialty capacity for non-standard fintech risks and higher limits.
Speed to Bind
As fast as your risk allows. Never slower than it should be.
Timelines depend on the complexity of the risk — a straightforward regtech E&O placement moves much faster than a crypto-adjacent program requiring Lloyd's capacity. What's consistent is how we work:
Submission-Ready, Fast
We build the submission package with you up front, so your risk reaches underwriters ready to quote — not ready to be questioned.
Parallel Marketing
Direct, wholesale, and Lloyd's markets are approached simultaneously — not one at a time — so declines never restart the clock.
Same-Day Binding
Once you accept terms, we bind same-day and issue certificates that match your banking partner's wording the first time.
The Submission Package
What a strong fintech submission looks like.
Most declines are a presentation problem, not a risk problem. This is what we prepare with you before your risk ever reaches an underwriter's desk.
Completed application and 5-year loss runs
Including context on any prior incidents — underwriters read narratives, not just numbers.
Security and compliance posture summary
SOC 2 status, PCI DSS scope, MFA coverage, incident response plan, and AML program overview.
Sample client contract / banking partner agreement
Limitation-of-liability wording and the insurance minimums your sponsors require.
Fund-flow diagram
How money moves through your platform — the first thing a fintech underwriter asks for.
Revenue split by segment and licensing map
Product mix, geographic footprint, and money-services licensing status by jurisdiction.
Funding stage and cap table summary
For D&O — investor composition, board structure, and any planned raises.
Common Questions