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Accountants Insurance

Easy, quick and bespoke indemnity insurance for accountants and finance professionals.

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Trusted by over 23,000 clients for their business insurance
Quick and easy online cover for your profession
Rated 4.7 out of 5 by over 3,500 clients at feefo.com
accountants insurance

We offer business insurance for a wide range of finance professionals including: accountants, finance directors, financial analysts and consultants, statisticians, loss assessors, bookkeepers and loss adjustors, to name but a few.

Working in the UK financial sector comes with unique responsibilities, regulations and risks which require finance consultants and accountants to carry comprehensive business insurance. Through our insurance policies, we are able to provide you with the protection you need in case something goes wrong and a client makes a claim against you, giving you the reassurance you need to allow your business to thrive.

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What is accountants insurance?

Accountant’s professional indemnity insurance will provide cover to protect you and your business against the legal implications that may arise if you made a mistake during the course of your work and will cover the legal costs and compensation awards within the indemnity limit.

Why do accountants need insurance?

Negligence is a broad term and covers a range of possibilities, none of which need to be a deliberate act. As a result, any professional can be accused of negligence. Regardless of whether the claim against you is valid or not, you still need to do something about it, and if you’re not insured it could cost you a lot of money in legal costs to clear your name.

Carrying comprehensive professional indemnity insurance will give you the reassurance that you’re covered for circumstances that are out of your control, allowing you to concentrate on your work.

Why choose Caunce O'Hara for your business insurance?

As freelance insurance experts, we're your number one choice for your business protection.

Caunce OHara business insurance for contractors and freelancers

Trusted by over 23,000 clients for their business insurance.


Immediate cover available, with documents issued via email in minutes!


Over 25 years’ experience of insuring self-employed professionals, including freelancers, contractors, and small business owners.

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I had spoken to Caunce O'Hara prior to the transaction and it all went smoothly for me. I have used them now for 12 years.
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Excellent Customer service and value for money. Best public liability, professional indemnity and employers liability insurance offer I’ve come across.
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Company insurances renewed for another year with Caunce O'Hara. No drama, issues or concerns.
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Frequently Asked Questions

As an accountant or finance professional you are employed to help people develop their businesses from a financial perspective, which includes sound financial and taxation advice as well as PAYE calculations and end of year reports. As such, you are at high risk of a professional indemnity claim.

A couple of examples could include:

Alleged negligent work

As an accountant the financial success of your clients’ business is very much in your hands. Accounting negligence can include, but is not limited to:

  • Providing incorrect tax advice
  • Failing to file tax returns on time, leading to fines from HMRC
  • Structuring a company in a way that means the owner cannot claim tax relief
  • Incorrectly calculating PAYE
  • Valuing company assets incorrectly
  • Accounting fraud

Professional Indemnity insurance would respond to provide cover for most instances such as these.

You cause property damage while in a clients premises

You accidentally damage property while visiting a client’s premises. A claim is made against you to pursue damages for the damaged item. This instance you would be covered by Public Liability insurance.

With our online quote and buy system you can get an indicative quotation for your insurance in a matter of minutes. Professional indemnity insurance can start from as little as £98.00 per annum.

An example quote: an account with an annual turnover of up to £50,000 per annum, with a £500,000 indemnity limit in any one claim, would pay £192.00 per annum for professional indemnity insurance. That’s only  £16.00 a month, which we think is great value considering the cover and peace of mind that you benefit from (Figure correct as of 17.11.2021).

Apart from Professional Indemnity insurance accountants and finance professionals will typically be required to carry Public Liability insurance, especially if they work from office premises and meet clients face-to-face.

It is important to be aware that as a self-employed business owner, a claim can be made against you personally with unlimited personal liability, therefore Directors and Officers insurance is a valuable insurance policy which will cover you in this instance, which is provided as part of our Business Combined Liabilities insurance product.

Legal Expenses insurance will also provide cover for costs incurred from a legal occurrence or claim that your indemnity and liability insurance does not cover, including the costs incurred from an IR35 tax investigation.

Contact us

Call 0333 321 1403

Our understanding of the freelance sector and the challenges you face daily, enables us to tailor our insurance products to meet your needs. Contact us to talk about your insurance requirements and to better understand the insurance we offer.

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Contact Caunce O'Hara for your business insurance today