Accountants PI Insurance

Quotes currently processed within 24 hours

PI insurance protects accountancy firms against claims of errors, omissions, or negligence. It covers legal costs, defence expenses, and compensation, ensuring firms can operate with confidence. It’s also a mandatory requirement for most accountancy regulatory bodies.

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Features & Benefits Target Businesses Cover Highlights

Features & Benefits

  • A-rated capacity provided by Hadron or Accelerant

  • Simple risks can be quoted and bound online quickly

  • Submissions for larger risks can be manually managed by our highly experienced PI underwriting team

  • Quotes processed within 2 hours, urgent cases always prioritised

  • Highly competitive rates with generous commission levels

  • Claims managed by a specialist PI claims management organisation, Caytons Law

Target Businesses

Well-run businesses with highly qualified and experienced staff, demonstrating a good claims experience.

Our ideal clients meet the following criteria:

  • Fee income up to £10 million
  • No involvement with financial or investment advice
  • No involvement with auditing insurance companies or Lloyd’s syndicates
  • No involvement with offshore schemes or tax mitigation schemes
  • No mergers and acquisitions transactions over £25 million
  • Maximum of 15% of fees for audit & accountancy services for quoted companies/PLCs

 

Cover Highlights

  • Maximum limit of indemnity £5 million
  • Civil liability cover
  • ICAEW compliant wording
  • Fidelity extension available for ACCA members
  • Loss of Documents – £100,000 in the aggregate

 

  • Defence costs and expenses in addition to the limit of indemnity
  • Cover for Ombudsman awards
  • Defence costs and expenses for prosecutions under the Data Protection Act £50,000 in the aggregate

 

Other Professional Indemnity Products

Please click here for your tailored online quotation

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Or send a manual submission to the team

pi@nbsunderwriting.co.uk

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