Accountants can make mistakes. Unfortunately, your chosen career path means small mistakes could have enormous consequences if a claim should arise for your clients and you. That’s why Professional Indemnity Insurance for Accountants and Accounting Practices is essential.
Choosing a broker to act on your behalf is also essential, as it’s not just a simple case of picking an off-the-shelf PI product.
Most Accountants are members of a professional institute or association, and to keep your membership, you’ll have to abide by the minimum terms and conditions for insurance set by your institute or association.
We have worked with many Accountants and Accounting Practices to secure their Professional Indemnity Insurance when they are members of ICA, ICAEW, AAT, ACCA, CIMA or CIA.