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Insurance for FX Markets

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About Our FX Settlement Cover

In unpredictable markets, settlement risk is a constant challenge. When clients fail to meet their contractual obligations on SPOT, Forward or Derivative FX trades, brokers are exposed. TMU Management provides FX Settlement Cover, an insurance solution that protects brokers from credit risk linked to unsettled transactions.

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Protecting Brokers from Client Default

If a client is unable to settle an FX trade, particularly when the underlying position has moved significantly, the financial loss can be considerable. Our FX Settlement Cover is designed to protect against this risk, supporting brokers when client performance breaks down.

Our cover addresses:

  • Credit exposure due to client default or insolvency
  • Failed settlement on SPOT, Forward and Options contracts
  • Losses triggered by adverse market movement
  • Disruption to hedged positions caused by client non-performance

This list is not exhaustive and only serves as examples. Full cover and details will be included in your final insurance policy.

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Seamless Integration with Your Trading Operations

TMU's cover is designed to complement your internal credit controls, margin requirements and risk protocols. We work directly with your risk and operations teams to implement protection that supports your infrastructure without affecting trading flow.

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Why Brokers Work with TMU

At TMU Management, we empower brokers with tailored insurance solutions, fast turnaround times, and expert underwriting support. Our deep understanding of regulated financial businesses, including payment institutions and fintech firms, makes us a trusted partner for placing complex risks. We make your job easier, your clients safer, and your relationships stronger.

  • Deep expertise in financial risk and FX trading
  • Flexible, fast and discreet underwriting
  • Tailored insurance structures for regulated markets
  • A strategic partner in protecting your bottom line

Get in Touch To Learn More About Our FX Settlement Cover

If you are an FX broker seeking to minimise credit exposure and strengthen your risk framework, we are ready to help.

Contact us

Our FX Market Case Studies

We have supported brokers and financial institutions by mitigating losses from client default, strengthening risk management frameworks, and embedding insurance solutions that protect counterparties and safeguard stability. TMU works across the FX ecosystem to deliver solutions that meet real-world challenges and add lasting value.

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Frequently Asked Questions

Is this cover only for large FX brokers?
No. We work with both established brokers and smaller intermediaries. Our cover is tailored to fit your trading profile, counterparty exposure, and regulatory obligations. Whether you’re handling a large client portfolio or a niche book of business, we design solutions that scale with your needs.
How does this integrate with existing credit controls?
FX Settlement Cover is designed to complement your own processes. It works alongside margining, collateralisation, and risk protocols to strengthen resilience without interfering in day-to-day operations. Think of it as an extra layer of protection that activates when your internal safeguards are breached.
Does this policy meet regulatory expectations?
Yes. Our cover supports brokers in managing counterparty and settlement risk in a way that aligns with compliance and prudential requirements. It also demonstrates proactive risk management to regulators and counterparties, which can enhance your credibility and market standing.
What happens if market conditions change significantly?
Volatility is at the core of FX trading, and our policies are designed with that in mind. Cover can be structured to respond to scenarios where market swings amplify losses from client default. This ensures brokers can maintain stability even during periods of extreme market movement.

Latest News & Insights

Stay informed with the latest updates, industry trends, and expert perspectives from TMU Management. Explore how evolving risks, regulations, and innovations are shaping the future of embedded insurance.

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Get in Touch To Learn More About Our FX Settlement Cover

If you are an FX broker seeking to minimise credit exposure and strengthen your risk framework, we are ready to help.

Contact us