PROTECTING YOUR BUSINESS WITH INSURANCE DESIGNED FOR ACCOUNTANTS
Regardless of whether you’re a sole practitioner, small firms, and larger practice, we’re confident that our highly knowledgeable and experienced team can find cover that fits yours needs and budget.
WHY DO ACCOUNTANTS NEED INSURANCE?
Accountancy work involves complex advice, compliance, and client data. Mistakes or misunderstandings may quickly lead to costly claims. Example of risks accountants face include:
- Errors or omissions in financial statements, tax returns, or audits.
- Clients alleging professional negligence or poor advice.
- Accidental loss or theft of confidential data.
- Third-party injuries or property damage when clients visit your office.
- Employee claims if you have staff.
- Click through on a phishing email that looks like its from a client
An insurance policy gives you protection towards these risks – providing financial support towards legal costs, compensation, and other unexpected expenses.
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REQUEST A QUOTE
OUR ADDRESS
PHONE NUMBERS
EMAIL MARK RICHARD
What Type of Insurance May Accountants Need?
The types of cover that an accountant may be looking for:
Professional Indemnity Insurance (PII) – Cover towards in the event there is a claim of negligence, mistakes, or bad advice. A professional body may require for you to have this type of cover.
Public Liability Insurance- Cover towards if a client or third party claims they were injured or their property is damaged by your business.
Employers’ Liability Insurance – This type of cover is a legal requirement if you have any employees, work experience individuals or volunteers. It provides cover towards if an employee claims if they are ill or injured due to work.
Cyber Liability Insurance – If you were a victim of a cyber attack or hack, this will provide cover towards the cost of data breaches, ransom and recovering from the incident. This type of cover is one for accountants to think about as they handle sensitive client information.
Office & Equipment Insurance – Cover towards your computers and office contents if they were damaged by an insured event such as, fire, flooding or storm damage.
Business interruption – If you were unable to operate due to an insured event, business interruption will provide financial support during the time that you were unable to operate.
Protect your business, your clients, and your reputation today! Call us on 0117 947 9510 or complete our enquiry form and a member of our team will be in touch as soon as possible.
Mark Richard Brokers offers insurance for motor trades, property owners, shopkeepers and home owners.
Our team of experts will be glad to help you with all your insurance needs.