Protects your work and reputation
Clients of accountants expect everything to add up to the penny, especially given they trust you with their financial affairs and reporting. So if a mistake happens it’s crucial that the costly legal fees are covered, professionals take the weight off of you by handling the matter and freeing up your time, and that your reputation remains in tact.
Being a member of an accounting trade body means that it is a stipulation to hold certain insurances, including professional indemnity. Our policies cover you if you belong to ACCA, AAT, ICAEW, ICAS or CIMA, ensuring you meet the requirements to advertise your professional standing.
Accountants should not only hold professional indemnity insurance but also policies that cover their property, business interruption, directors & officers, business equipment, legal expenses, cyber, personal accident, fleet, and liabilities such as public liability and employers liability.
We recognise that you’ve spent a lot of time studying and working towards your professional body qualification. That’s why our professional indemnity policies cover you if you belong to any of the recognised professional bodies, including; ACCA, AAT, ICAEW, ICAS or CIMA.
– Professional indemnity
– Public & employers liability
– Business property & equipment
– Business interruption
– Directors & officers
– Legal expenses
– Motor fleet
– Plus many more…
PI is crucial for those accountants providing advice and professional services to clients and where a professional membership body mandates it as a requirement under their affiliation i.e. ACCA, AAT, ICAEW, ICAS or CIMA.
We all take pride in our work, as our reputation rides on it. Even experienced professionals make mistakes or have allegations of such made against them. Error occurs and one inadvertent oversight could cost hundreds of thousands.
It’s not just accountants that we cover. We can also look to insure a range of financial professions including, book-keepers, audit and tax services businesses in the UK and where they operate as a limited company.