Insurance for accountants
From sole traders to those heading up large firms, our cover for accountants protects you from the risks that come with balancing the books for others.
What insurance do accountants need?
Whether you're a sole trader of running a large accountancy firm, you'll want to consider a range of covers, from professional indemnity to cyber insurance, to protect your business. Superscript provides innovative, award-winning insurance, designed to meet the needs of modern accountancy businesses.
10% of accountants paid £11.49 a month or less for their Superscript business insurance between January and March 2023.
- Pay monthly or annually, it’s your choice
- Make changes to your cover any time without fees
- Get instant access to your documents
- Five-star customer service and claims support
Be quote confident
We're big on fairness. So if you find a lower price for a comparable quote, we won't just match it – we'll go one better and beat it.
So even better than apples to apples, apples to better apples. We're talking Galas to Braeburns.
As you'd expect, T&Cs apply.
Business insurance for accounting, audit and tax services businesses
Professional indemnity insurance
Professional indemnity cover from Superscript is one of the most advanced PI covers available online. It protects companies that provide advice or professional services to clients and is essential for accounting, audit and tax consultants. It covers compensation and legal costs if you make any mistakes in your services, fines, contract and IP disputes.
Accountants are targets for cyber-attacks and data breaches as they hold their clients’ most sensitive data. With GDPR now in force too, data must be protected. Cyber liability insurance covers you from a breach of regulations (where insurable by law), your liability for handling data, plus system rectification costs, PR expenses and financial loss due to system downtime.
Commercial legal protection
Commercial legal protection covers you for any legal costs incurred such as solicitors, barristers and expert witnesses – while also providing you access to day-to-day legal advice and tools. So, if you need help with drafting up a contract or handling an employment dispute, expert legal advice is at hand.
Contents and equipment insurance
Our contents and equipment cover protects your equipment, office furniture, documents and cash. Whether you're based in a home office or your own business premises, this policy will cover replacement costs so you can get back up and running in no time.
Once you've completed a quote, you'll be able to view a summary of cover. Please always refer to your policy documents for full details around exclusions, terms and limits of your customised cover. Read our guide to understanding your policy documents.
How do claims work?
Notify us of the claim
Ideally this should be done as soon as possible and within 30 days of you becoming aware of anything which you think may be covered by your insurance.
A good indicator of whether or not to let us know is if there's an issue which may require a payment to be made on your behalf.
We'll get on the case
We'll acknowledge your claim within 24 hours, and sometimes in as little as 30 minutes! This means you'll receive email confirmation of your claims reference and contact information should you need to speak to us.
We will then reach out to you within 48 hours to request any extra information we need to progress your claim.
We'll keep you updated on the next steps as the claim progresses.
A decision is made
We'll let you know if your claim is successful or not. If your claim isn't covered, we will always try to point you in the right direction and support you as best we can in getting back to normal.
If your claim is successful, once we have all the documents we need, we will aim to settle claims such as accidental damage, theft and lost equipment within five working days.
Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
A-rated financial strength
Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk.