Spot for Fintech Companies
We prepare your application around how money and data move through your product, then compare quotes with you before your partner bank asks.
Your Spot team writes up each legal entity and what it does: software-only services, lending, money movement, custody, data access and any work for a bank or insurer.
Send your partner bank agreement. Spot pulls out the duties and coverage terms it asks for and checks them against your current policies.
Technology errors and omissions (E&O) insurance
Cedar Advisory · Policy review
Confirm with your broker
Limits, exclusions, and endorsements
After your broker shops the submission, Spot shows how each proposal treats a software error, a security incident, a disputed transfer and an employee claim.
Technology errors and omissions (E&O) insurance
Professional services · Claims-made terms
Cedar Advisory
When a bank, investor or customer asks about your coverage, ask your Spot team or the Spot agent and see the policy wording behind the answer.
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JamieCedar Advisory
RileySpot
Share what you do, where you work, the policies you have and any contracts that ask for insurance.
Spot turns it into an application that describes your business the way insurers need to see it.
Spot handles the procurement, sending it to the insurers and markets that cover businesses like yours and chasing every quote.
We put the quotes side by side on limits, exclusions and terms as well as price.
You choose. Spot places the policy for you, and certificates are ready when a customer or landlord asks.
The bank’s vendor review asks about your service and contract duties, and the agreement can request coverage terms.
Customers rely on your calculations, integrations and routing, so an error can become their financial loss.
A new board seat or financing round brings directors and officers questions, and proposals can carry financial-services exclusions.
If staff or systems can start transfers or change payment instructions, crime insurance needs to describe how.
The policies companies like yours are usually asked for, and when each one comes up.
A customer or financial institution relies on your software, integrations, calculations, routing, or service delivery.
Your product handles customer or partner data, depends on connected systems, or could lose income during an incident.
Employees or systems can initiate transfers, change payment instructions, or access funds or securities.
A board, outside investor, or financing counterparty asks about management protection, or ownership and governance change.
Digital-asset coverage may address custody, theft and business-liability risks, but a custodian’s policy may protect the custodian rather than you. If you hold or safeguard assets, verify the insured entity, wallets, key-loss protection and valuation.
You hire employees or add workers in states where the company has not previously operated.
You host partner meetings, demonstrations, or customer events, or sell a physical device alongside software.
Get quotes from 50+ fintech insurance providers with Spot.
The agreement can carry insurance requests and duties to disclose. Spot compares them with your coverage before you sign.
Investors and board members ask about directors and officers coverage. Compare the entities, people and exclusions in each proposal.
Money movement changes your crime and errors and omissions questions, and the application should say so.
List each work location and role so workers’ compensation is reviewed for every state where you have staff.
Map which assets and private keys you hold for customers and who controls them. Custody and theft protection is a separate question from your cyber and D&O policies.
Also known as fintech company insurance, fintech startup insurance, financial technology insurance and insurance for fintech companies.
Get quotes from 50+ fintech insurance providers with Spot. Keep your broker or switch, with no commissions on premiums.
Get StartedRead these before you choose a policy or an insurer.
