SECURITIES BROKER-DEALER PROFESSIONAL LIABILITY

Pioneer Special Risk is dedicated to providing creative underwriting solutions for the Broker- Dealer and Investment Advisor world.

Pioneer Special Risk’s Broker-Dealer division writes insurance for Broker-Dealers, Investment Advisors and related risks, including M&A and other financial consultants. We use our in depth knowledge of risks, products and markets to develop innovative solutions and offer superior service for our brokers and clients. Combined with highly responsive claims handling we believe we are the market of choice for Securities Broker-Dealers and related professionals.

Coverage is available for alternative products, foreign exposure, trade error, M&A consulting, ERISA Plan fiduciary exposure and more.


Our program is provided in partnership with a carrier rated A XV by A.M. Best. PSR is authorized to write business on a non-admitted basis across all U.S. states. Both primary and excess policies are offered.

Our Product

Target Classes

  • Retail Broker-Dealers
  • Introducing Broker-Dealers
  • Mutual Fund Sales
  • Exchange Traded Securities Sales
  • Life Insurance Sales
  • Annuity Sales
  • Registered Investment Advisors
  • Pension Plan Advisors
  • Fiduciary Advisors
  • Financial Consultants

Coverage Parameters

  • Duty to defend
  • Claims-made
  • Various SIR options available
  • Coverage solutions for NY based Registered Representatives
  • Ability to manuscript coverage on a case by case basis
  • Independent contractor coverage
  • Coverage for large range of investment vehicles available

CONTACT US