Professional indemnity for accountants

Through many years of experience, Hiscox has built a leading reputation in providing professional indemnity (PI) protection for accountants. We understand the risks accountants face and our experienced claims handlers know how to protect our clients' businesses, and settle disputes quickly and efficiently. When things go wrong our cover will protect an accountant’s financial interests and professional reputation.

Important documents

Chartered accountants PI - wording (UK) – 6341 WD-PIP-UK-AC1(2)

Non-chartered accountants PI - wording (UK) – 6290 WD-PIP-UK-AC2(1)

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What is covered

Our policies include a number of features such as:

broad civil liability cover – if it's not excluded, it's covered
outstanding fees – we will pay outstanding fees where we feel we can avoid a larger claim being made under the policy
loss of documents – we provide rectification cover for important professional documents
Approved insurers – our policy is compliant with the requirements of accountant's professional bodies ICAEW, ICAS and ACCA.

Key benefits

Competitive premiums
Flexible payment options including interest-free direct debit (saving up to 6% compared to some insurers)
Option to mix and match a range of other insurance covers to produce a tailored policy – this means your client only pays for the exact protection they need
Continuous cover available in some circumstances – avoiding the need for annual proposal forms
Plain English wordings, making it easy to see exactly what is covered.