Accountants Professional Indemnity Insurance
Benchmark your accountants professional indemnity insurance with quotes from the wholesale market
Get indemnity™ accountants insurance
Get indemnity™ accountants insurance
Compare accountant professional indemnity quotes designed to protect against acts, errors or omissions
At get indemnity™ accountants insurance starts at £425 per year or £35.41 per month. Below we explain how professional indemnity and other business insurance products can protect you and your accountancy firm.
Get indemnity™ accountants insurance
Attention to detail in accountacy is very important, however mistakes are not uncommon and can have costly implications. If your accountancy firm is unfortunate enough to become the target of an allegation, even if the allegation has no merit, can be costly to defend.
Accountants professional indemnity claims include:
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Improper advice |
Misleading financial statements |
Inadequate research |
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Negligent record keeping |
Misuse of personal information |
Breach of contract |
Accountants insurance can provide cover for actuaries, auditors, bookkeepers, insolvency practitioners, management consultants, tax advisors and payroll specialists.
What accounting activities pose a greater risk?
The nature of the work you undertake will have a direct bearing on your accountant's professional indemnity insurance premium. The below guide seeks to identify and group different types of accountancy activities by categories of risk:
> Lower risk accountancy activities
> Management Consultancy
> Payroll services
> Bookkeeping
> Personal Tax Consultancy
> Company Secretary work
> Medium risk accountancy activities
> Audit & Accountancy
> General Insurance work
> Trusteeships / Directorships
> Financial Services work
> Insolvency work
> Corporate Finance
> High risk accountancy activities
> Audit & Accountancy - Publicly Listed companies
> Mergers & Acquisitions
Who are the professional accountant governing bodies?
What are the conditions for accountant's professional indemnity insurance?
There remains a number of specialist insurers that want to grow their portfolios within this space for well managed and claims free accountants. Please give one of our Account Executives a call on 0345 625 0711 to discuss further.
Other Accountants Insurance
At get indemnity™ we offer comprehensive business insurance to ensure your accountancy firm purchases the most appropriate cover at the lowest cost. Complete our online application to apply for a broad selection of insurance covers designed for accountants.
Public liability insurance
The cover will provide a legal defence and cover the cost of damages from a client or member of the public that has suffered bodily injury or property damage. This could include a client slipping and suffering a back injury at your premises. Without adequate protection this type of accident can become very costly.
Employers liability insurance
The cover will provide a legal defence and cover the cost of damages from an employee who has suffered bodily injury or illness whilst working for you. This could entail an employee falling on the stairs as a result of a loose carpet.
Cyber crime insurance
Complete our online application to apply for cyber and crime, we can identify a range of solutions available for your firm.
This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.