Accountants Professional Indemnity

Accountants professional indemnity is a type of insurance coverage that protects accountants and accounting firms from legal claims made by clients due to errors, omissions, negligence, or malpractice in their professional services. This insurance helps cover legal costs and damages that may arise from such claims, providing financial protection to accountants in case of lawsuits.

Both Chartered Accountants and CPA members providing Public Accounting Services into Australia or New Zealand (no matter where in the world they are located), or who holds a current Public Practice Certificate, must hold a current enforceable professional indemnity insurance policy that satisfies at least the minimum requirements.

For professionals who are not Chartered Accountants or CPAs, such as book keepers, professional indemnity insurance is an absolute must have given the risks of doing business in todays highly litigious environment.

Antipodean Underwriting's Accountants Professional Indemnity Policy is suitable for:

• Accounts preparation

• Advice and training on Accounting software

• Audit work (non-publicly listed companies)

• Bookkeeping

• Business and management consultancy work

• Personal taxation

• Self Managed Super Fund advice and administration

• Accountants operating under a limited AFSL