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Commodity Broking Insurance

Protecting commodity brokers from under £55* per year

Not on comparison sites — save money by coming direct to us

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Excellent 4.7 out of 5

Professional Saver Commodity Broking Insurance


Our standard cover is:

  • £1 million cover for public and products liability (with an option to increase to £2 million, £5 million or £10 million)
  • £10,000 cover for any financial loss (£50K cover optional)
  • Worldwide liability cover for temporary work abroad for up to 14 days (excluding the USA and Canada)

As a commodity broker, having comprehensive insurance is essential to protect your business when facilitating deals between producers, wholesalers and buyers. Our policies provide coverage against claims if a client suffers financial loss due to incorrect advice or negligence when brokering commodity transactions.

We offer public and professional liability insurance starting from under £54* per year. Our policies safeguard against compensation claims for losses incurred by your clients. This gives you peace of mind that your insurer will deal with any disputes.

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Why choose Professional Saver commodity broking insurance?

Save £££ on your insurance Save on your insurance

Customers are always telling us how much they saved by switching

Trusted for over 40 years Trusted for over 40 years

We’ve been providing insurance to businesses since 1984

Financial Strength Financial Strength

Insurance provided by a Standard & Poor’s ‘AA- Stable’ rated insurer

Defaqto 5 Star rated

Our Professional Saver Insurance (Covea) has been independently rated 5 Stars by Defaqto – the highest possible rating, awarded to excellent products with a comprehensive range of features and benefits.

Learn more about our Optional Covers

* Due to the specialist nature of your profession, we’ll arrange a separate policy for your professional indemnity cover to complement your Professional Saver policy. Please get a quote online for the other covers you need and contact us to discuss your personalised professional indemnity quotation.

How our commodity broking insurance works

1 Apply online

Complete our simple quote form with basic details about your business.

2 Get a quote

Get an instant quote & choose any optional covers you may need.

3 You’re insured!

Instantly activate your Professional Saver policy and view your certificates online.

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What is Commodity Broking Insurance?

Commodity broking insurance protects professionals who arrange deals and provide trading advice to buyers and sellers of commodities like metals, energy and agricultural products. It covers scenarios such as:

  • Your clients lose money due to inaccurate market information or flawed advice
  • You don’t execute trades according to a client’s instructions
  • Errors or delays result in missed opportunities and lost profits

This insurance covers claims arising from negligence, accidents or mistakes related to brokering that negatively impact a client’s finances. Comprehensive coverage is crucial because even minor missteps can potentially result in significant financial losses for those involved in commodity trading.

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Why Do Commodity Brokers Need Insurance?

Commodity brokers require specialised insurance due to the significant impact their recommendations and trade execution have on clients’ financial well-being. Even small errors, such as a delay in executing a trade or a miscalculation in pricing analysis, can lead to substantial financial losses for clients, potentially exposing you to legal repercussions.

This specialised insurance offers protection against claims arising from unintentional mistakes or negligence that result in financial losses for your clients. Having this safety net in place allows you to perform your duties with peace of mind, knowing that you’re covered in the event of an unforeseen error.

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What Does Commodity Broker Insurance Cover?

Our commodity broker insurance protects against:

  • Public Liability – This insurance protects you against accidental injuries or property damage caused while visiting clients’ locations, such as their offices or warehouses, to conduct consultations. For example, you accidentally damage equipment at a client’s facility.
  • Legal Expenses – This policy pays your legal costs and provides specialist legal representation if you face claims alleging professional negligence.

Optional Extra Cover

  • Professional Indemnity – This coverage protects you against financial losses arising from unintentional mistakes or negligence in your professional duties. For example, inaccurate predictions, flawed trading signals, missed opportunities and delayed communication.

We offer varying coverage levels for broking activities. Get your online quote today by simply filling out our form.

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What Services Can Professional Saver’s Commodity Broking Insurance Cover?

Our commodity broker policies are designed to cover typical services like:

  • Arranging over-the-counter deals between commodity buyers and sellers
  • Providing pricing forecasts, analytical reports and trading recommendations
  • Developing and supplying market tracking software and order execution tools
  • Ongoing trade performance monitoring and optimisation
  • Commodity options structuring and hedging strategies

We cover claims arising from errors or negligence during such broking activities that negatively impact your clients’ finances. This includes protection against substantial pay-outs if small mistakes lead to significant losses for commodity traders and producers relying on your services.

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Why Choose Professional Saver For Your Insurance?

With over 35 years of experience, our dedicated broking insurance packages deliver extensive protection. Key benefits include:

  • Direct Specialists – We are a specialist broker insurer, not a comparison website. Get your quote directly from us.
  • 24/7 Legal Helpline – Our legal helpline can assist whenever you need guidance.
  • Monthly Instalments – You can spread your insurance costs by making monthly instalments rather than annual payments if your premiums exceed £125.

Get your fast online quote today and let Professional Saver protect your broking business.

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Chosen by over 5000 businesses and counting*

Chosen by over 18761 businesses and counting

Online & Anywhere

We like to keep things simple. Your quote, purchase and documents are all available online, anytime.

Monthly Instalments

Cashflow is important to every business. Spread the cost by paying in easy monthly instalments.

Instant Cover

No need to wait for your documents. Our professional cover starts from the date you select.

Added Protection

Public liability, products liability, financial loss, legal expenses and accidental death cover as standard.

* Total number of live policies as of 31/10/2025

FAQs

Commodity Broking Insurance FAQs

Commodity brokers operate in a high-risk environment where their advice and trade execution directly impact client profits. Even unintentional errors, like miscalculations in pricing, missed trades or incorrect derivatives deals, can lead to significant financial losses for clients and potentially expensive lawsuits for brokers.
Specialised insurance policies address these challenges by providing professional indemnity and public liability coverage. With this protection in place, brokers can perform their duties with greater peace of mind, knowing they are financially protected against unforeseen errors and potential legal consequences.

We cover all standard commodities traded by brokers, including:

  • Agriculture – Grains, oilseeds, softs like coffee, cotton etc.
  • Energy – Crude oil, natural gas, coal, carbon credits
  • Metals – Gold, silver, platinum, copper, iron ore
  • Cryptocurrencies – Bitcoin, Ethereum

Essentially, we cover any physical commodities or derivatives where inaccurate advice or deal execution could lead to client losses and claims.

We classify any business as a broker if it provides buying and selling advice, pricing forecasts, analytical reports, plus trade execution and monitoring services around commodity markets. This includes:

  • Over-the-counter deal facilitation
  • Developing trading platforms and order management tools
  • Hedging strategies and risk management
  • Ongoing optimisation of trading positions

So, whether you focus on specific commodities or offer a broader service, we offer comprehensive liability and indemnity insurance.

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