Information on FCA guidance on professional indemnity insurance - February 2026

FOI Release Date of Release:

Reference Case Number: FOI2026/00162

Freedom of Information: Right to know request:

A. Non-firm-specific regulatory information (general guidance):

Please provide the FCA’s current and historic (2019–present) published or internal guidance, policies, or standard processes that explain:

  1. Whether and how an FCA-authorised firm is required to maintain Professional Indemnity Insurance (PII), and the minimum expectations for cover (at a generic level).
  2. Whether PII information is typically collected via regulatory returns and, if so, what categories of information are collected (without identifying any firm).
  3. Whether FCA rules or guidance expect PII to respond to liabilities arising from FOS awards/complaints connected to regulated activities (again, at a generic level).

FCA response:

More information

Freedom of information