Professional Indemnity Insurance
For practicing firms of Accountants, Bookkeepers and Taxation Practitioners.
Professional Indemnity (PI) insurance is mandatory for Accountants and Taxation Practitioners to comply with their respective professional bodies.
If your business provides professional advice, offers consulting services, or handles data for a client, then Professional Indemnity insurance cover, could protect your business against:
Practicing firms of Accountants, Bookkeepers and Taxation Practitioners.
Fee income under £500k; get a quote over the phone
Fee income over £500k; complete a proposal form and send it back to us by email at firstname.lastname@example.org
Aon is one of the UK’s largest insurance brokers (ranked 3rd by brokerage, Insurance Times, August 2016). We pride ourselves on our ability to build strong relationships with our clients; our retention rates* are proof of our strong rapport in this price driven market place.
In addition to arranging PI insurance, we also offer access to a range of other insurance products including:
*On average 89% of our clients choose to stay with us (Accountants retention rate year to date as of Dec 2016)
The below Product Summary provides an overview of the policy cover and the Documentation section provides the documents you will need to obtain a quote.
Frequently Asked Questions (FAQs) about PI insurance for the industry:
Professional Indemnity insurance provides cover should a third party suffer a financial loss as a result of your professional error, omission or negligence.
We recommend you check your institute’s guidelines. It is always good practice to review your contracts both pending and current to assess whether your limit of indemnity is sufficient.
The policies we arrange provide cover retrospectively.
Professional Indemnity is constructed on a claim made basis and it is the policy in force when the claim is made, which would respond regardless of when the work was undertaken, subject to policy terms and conditions.
In the event of a claim, notify Aon Claims Solutions (ACS) as soon as possible. Any notifications must be made to:
Call: 0207 086 4099
N.B. If you decide to email your claims notification to ACS, please ensure that the message is received safely by requesting a confirmation of email receipt.
Accountants Professional Indemnity insurance is arranged by Aon UK Limited and underwritten by Maven Underwriters, which is a Managing General Agent operating under a delegated underwriting authority on behalf of the insurer’s . Maven Underwriters is a trading name of Aon UK Limited, which is authorised and regulated by the Financial Conduct Authority.