As an accountant, your clients trust you with their financial wellbeing. They rely on your advice and to always act in their best interests. That’s why insurance for accountants is so important.
With the wide range of advisory and professional services accountants offer, it’s vital that you have insurance in place to protect you and your business against any losses that could potentially occur from errors, omissions and negligent acts.
Let our expertise in insurance for accountants guide you in building an insurance program to protect your livelihood when the unexpected happens.
Professional indemnity insurance for accountants
Professional indemnity insurance for accountants is fundamental, and a requirement for membership of your professional associations. Professional indemnity insurance is a specialised area and should be arranged with an insurance broker with expertise in your area of business.
For many years MKW has provided tailored professional indemnity insurance for accountants. Our experience and expertise enables us to provide you with the support you require throughout the policy duration and the right advice.
In addition to professional indemnity cover, we can include cover for the following activities which are often uncommon with other providers:
- Migration agency services
- Business valuations
- Mortgage finance broking
- Audit activities
- No part IVA exclusions
We also offer your practice unlimited reinstatements and payment for legal costs and expenses, as benefits in addition to the policy limit of indemnity.
We understand that all accountancy practices are different. In addition to professional indemnity insurance, there are other risks to your business we can help mitigate. Our expert team will work with you to understand your business prior to recommending a comprehensive insurance program. The following policies are an example of the kind of protection that you should consider:
- Management Liability
- WorkCover / Workers’ Compensation
- Cyber Risks
Just as your clients turn to you for your professional expertise, you should also seek insurance advice from an expert. To find out about our tailored risk management solutions for accountants, please contact us.