Finance, Tax & Legal
In most of these professions a regulator or professional body sets the insurance, not just the firm. Minimum limits, required policy wordings and run off after closure are often written into the rules, so a policy that falls short can be a regulatory problem as well as a gap in cover.
The claims themselves are usually about money: tax that should not have been paid, a mortgage recommendation that was unsuitable, a valuation that was wrong, or an expert report that did not hold up. Some, such as complaints to the Financial Ombudsman Service, can arise without the client ever going to court.
Choose your profession
Accountants & Bookkeepers
Professional indemnity for accountants and bookkeepers: tax advice, filing deadlines, R&D claims, audit work and the fidelity cover that sits alongside it.
Read moreTax Advisers & Tax Consultants
Professional indemnity for tax advisers and consultants: planning advice, capital gains, scheme history, PCRT, CIOT and ATT requirements and HMRC enabler penalties.
Read moreSolicitors & Legal Professionals
Professional indemnity for solicitors and legal practices on SRA Minimum Terms: conveyancing claims, missed limitation dates, undertakings and client account fraud.
Read moreFinancial Advisers & Financial Consultants
Professional indemnity for FCA regulated financial advisers: suitability, pension transfer exposure, Financial Ombudsman awards and the FCA's insurance requirements.
Read moreMortgage Brokers & Mortgage Advisers
Professional indemnity for mortgage brokers and advisers: FCA MIPRU requirements, ombudsman complaints, Consumer Duty, bridging and commercial finance introductions.
Read moreInsolvency Practitioners & Restructuring Advisers
Insurance for insolvency practitioners and restructuring advisers: statutory bonding, office-holder liability, claims by creditors and directors, and asset cover on appointments.
Read moreForensic Accountants & Expert Witnesses
Professional indemnity for forensic accountants and expert witnesses: liability since Jones v Kaney, CPR Part 35 duties, costs orders and investigation reports.
Read moreActuaries & Risk Modelling Consultants
Professional indemnity for actuaries and risk modelling consultants: pension scheme valuations, model error, reliance by third parties and IFoA standards.
Read moreMediators & Dispute Resolution Specialists
Professional indemnity for mediators and dispute resolution specialists: confidentiality, settlement terms, allegations of bias or pressure and accreditation requirements.
Read moreNot sure which page fits?
Plenty of businesses do more than one thing. Tell us what you actually do and we will work out the cover around it. Call 01304 262880, or email us with a phone number and the best time to call and a broker will ring you back.