We are proud to offer our PI Shield scheme to all Australian accountants. The scheme is characterised by high quality and competitiveness that is teamed with industry experts, Arch Underwriting at Lloyd’s (Australia) Pty Ltd. Highlights of the scheme include:
• Lloyd’s of London, which is owned by Lloyd’s of London, is an APRA authorised insurer
• Market leading professional indemnity policy
• Highly competitive rates
• Expert claims handling when you need it most (handled locally not offshore)
• Risk management tools and education to reduce the risk of claims within your practice
• Security and AM Best Rating of A+ (Excellent)
• Free risk management advice and education to reduce the risk of a claim
• A simple claims process
• Includes employment practices (EPL) cover
• Includes statutory liability
• Includes third party cyber liability
Professional assistance from Accountancy Insurance professionals is provided every step of the way in order to assist you in the process.
General Professional Indemnity
Depending on your individual circumstance, you may be eligible to receive the benefits of PI Shield scheme. Otherwise, we will provide you with a tailored professional indemnity solution to suit your specific needs. If you need a tailored solution, we source the best quality policy at a competitive price with the ability to customise the cover options to meet your firm’s needs.
Listed below are just some of the benefits we have negotiated with the insurers we utilise:
- Broad description of Professional Services activities
- Unlimited reinstatements of the policy limit
- A comparatively low policy excess including audit activities
- $250,000 free Fidelity cover (for loss of employers funds), full policy limit for loss of client funds
- Contractual liability cover
- Trade Practices Act
- Intellectual Property
- Continuous cover
- Lost documents
- Inquiry costs
- Previous Business
- Former Principals
- Newly created or acquired subsidiary
- Former subsidiary
- External appointments
- Subcontractors and consultants cover
- Plus much more!
If you are new to Accountancy Insurance’s Professional Indemnity, click here for a quick quote.
If you are an existing client and need to renew your Professional Indemnity, click here.