Overview:  For accountants; Primary and excess cover for civil liability.

Who is it for?:  Accountants (minimum of two partners).

Over the years the role of an accountant has developed considerably. From originally providing audit facilities and advice on tax matters an accountant's practice can now become involved in management consultancy, executorship, insolvencies and financial investments advice. Since 1990 it has been compulsory for all practising chartered accountants to maintain Professional Indemnity Insurance with an insurer who has been duly authorised under the Institute of Chartered Accountants (ICA) Approved Insurer Regulations. In addition to introducing compulsory levels of insurance, the ICA requires insurers to provide cover in accordance with their approved wording, so ensuring a consistent level of cover for all their members.

We are an approved insurer under the ICA Regulations and are able to offer cover on either on each and every claim or aggregated basis. Our cover includes civil liability, fidelity, libel and slander, loss of documents, breach of confidentiality and compensation for court appearances. This product protects the practice as well as past and present partners and principals, named consultants and sub-contractors.

We are a leading market for UK accountants and have been committed to writing accountancy business for many years. We have developed our own wording which is fully compliant with the ICAEW minimum terms and conditions. We will consider the majority of risks from sole practitioners to larger practices and will specifically target those firms which can demonstrate a positive approach to risk management