Insurance for Accountants
As specialist business insurance brokers, SMART Business Insurance proactively obtains multiple quotes for accountants and accounting practices from the leading underwriting agencies and insurance companies focusing on accounting practitioners and firms.
SMART Business Insurance can assist sole practitioners, small, medium and large accounting practices. With deep relationships to a broad range of specialist insurers we are able to assist you source business insurance, professional indemnity, and excess layer professional indemnity insurance specifically tailored to meet the risk exposure of accountants.
As securing Professional Indemnity Insurance can be a complex and time consuming task, SMART Business Insurance can help you navigate the process and secure suitable cover for you at a competitive price.
The services your firm offers will impact the pricing and cover. SMART Business Insurance understands the process and can help. For instance,we can assist sole practitioners and small accounting firms achieve a competitive price on a suitable policy by sourcing multiple quotes from insurance companies with an appetite for accounting firms. With medium sized and larger accounting firms we can help your business by negotiating terms and price with insurance companies and underwriting agencies on your behalf.
Typically, insurers and underwriters look at the following factors to determine pricing and protection:
- Experience and qualification of directors/partners
- Areas of practice such as Financial Planning/Insolvency/Liquidations/Public Company Audit
- Fee Revenue
- Breadth of Coverage
- Indemnity Limit
- Excess / Deductible
Please contact us for more information or a quote on business insurance for your accountancy practice.
For me, Smart Business Insurance is a critical part of providing a full financial offering to our clients. Whether it be a small, medium or large business - the Smart team have been outstanding in the advice that they have provided. Sometimes it might just be a second opinion or a review of an existing policy - they always act in the best interests of my client. This is one of the reasons why our relationship with Smart is so strong and more importantly why I continue to trust Smart Business Insurance with my clients.
Kind regardsDavid Coutts