accountants

Accountancy is one of a number of long established professions. But it is fairly fragmented, being made up of members from a number of professional bodies as well as unqualified but highly experienced advisors, such as former tax inspectors.

Firms vary dramatically in size and services provided, from small sole practitioners through to huge international practices. Some of the professional bodies maintain rules for mandatory Professional Indemnity cover.

Here at Indemnitas we will find the right insurer, cover and competitive price to suit your practice and those mandatory requirements as determined by your membership body.

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What do Insurers look for?
First and foremost, qualifications or experience. If an 'Accountant' is unqualified then insurers will want to see a CV, normally demonstrating at least five years' practical experience, maybe more depending on the services offered.

Insurers will be particularly interested in what type of work the proposer is doing and proposal forms bring this out by asking for a breakdown of fee income.

We will ensure your insurance cover complies with the minimum terms and conditions set out by the ICA , ACCA, ATT, CIOT and AAT.