Accountants Professional Indemnity Insurance

Professional indemnity insurance indemnifies you from the legal liability and legal defence costs you may incur as a result of breaching a duty of care to your clients.

Accountancy is a traditional profession having various professional bodies with differing membership requirements in relation to professional indemnity insurance. Often practices consist of professionally qualified members and unqualified but experienced members. Mixed practices are commonplace with a meeting of qualifications from the different professional bodies. The work of an accountancy practice is often diverse and it is important to understand and appreciate the risks that can be associated with each.

Blackfriars will provide professional body compliant quotations in respect of your professional indemnity insurance, working with a panel of insurers who have taken time to fully understand the disciplines and operations involved within your business. Please complete the form and submit for a quotation. Satisfactory completion will enable us to produce a quotation within 1 working day, often within one hour. Certain risks may require further information.

If you have already completed a proposal form, or a renewal form, you may submit that to pii@blackfriarsrgoup.com or by fax to 01270 527588 or by mail to Blackfriars Group, 6 Congleton Road, Sandbach, Cheshire. CW11 1HN.

Professional Indemnity Insurance Quotes for Accountants and Accountancy Firms
Proposed policyholder’s full name:
Date firm established
Please give a full description of the business carried out by the Firm

Proposed policyholder’s website: www.
Is the Firm Associated with any other Firm(s)? - If “Yes” please give details of the relationship(s).
Proposed policyholder’s main office address:


Postcode
Telephone Email
Names of partners and directors (CV if less than five years experience)
Full Name	Age		Qualifications	Date Qualified	Number of years at the firm





Please give staff numbers			Principals( partners/directors)
			Employees
			Consultants
			Sub-consultants (not employed)
			Administrative and Others
			Total
Do you require cover for sub-consultants under your policy?
If "No" do you ensure that they have adequate professional indemnity insurance?
If a sole practitioner, please give details of the professional cover arranged in the event of holiday or sickness.

Please state the gross commission/fee income received for each of the last three financial years, plus an estimate for the next financial year
Previous Year		Last Year		This Year		Next Year

Please provide the percentage split of the main activities of the firm in respect of the past 12 months, or for the next 12 months if a new business.
							UK%	Overseas%
Audit, accountancy and company tax
Split as:
(i) Quoted Companies
(ii) Unquoted Companies
(iii) Other, including farmers, small traders etc.
Taxation Only
Management Consultancy
Consultancy Only
Secretarial and Share Registration
Executorship and Trusteeship
Insolvencies Liquidations and Receiverships
Insurance, Building Societies, Stock Exchange or Investment Commissions
Directorships
Computer Consultancy-please provide details
Merger Acquisitions and Disposals
Any others-provide details

Has any insurer ever declined to offer terms imposed special terms or cancelled or voided any insurance for the firm or any Principle, Partner or Director? If yes please provide full details below.
Have any claims ever been made against the firm or its predecessors, or any past or present, principal partner, director or employee, whether successful or not? If yes, please provide full details below
Are you or any of the Principals, Partners or Directors or employees AFTER FULL ENQUIRY aware of any circumstances which may give rise to a claim against the Firm or its predecessors or any past or present Principal, Partner, Director or Employee? If “Yes” please give full details.
Limit of Indemnity Required for Quotation- you may select more than one box
£100K£250K£500K£1M £2M £5M Other
Additional Information Box

Accountants Professional Indemnity Insurance

Professional Indemnity Insurance Quotes for Accountants and Accountancy Firms