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Finance Consultants Insurance

Easy, quick and personalised business insurance for finance professionals and consultants.

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Trusted by over 23,000 clients for their business insurance
Quick and easy online cover for your profession
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financial consultant insurance

At Caunce O’Hara we can provide you with the insurance protection you need in case something goes wrong and a client makes a claim against you, giving you the peace of mind you need thrive in your work.

Working in the UK financial sector comes with unique responsibilities, regulations and risks which require finance consultants to carry comprehensive business insurance, including professional indemnity cover.

We offer personalised business insurance policies for a wide range of finance professionals including: accountants, auditors, statisticians, credit controllers, management accountants, and payroll professionals.

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What is finance consultants insurance?

Professional indemnity insurance for finance consultants will protect you and your business against the legal implications that may arise if you make a mistake during the course of your work and will cover the legal costs and compensation awards within the indemnity limit.

Why do finance consultants need insurance?

Negligence covers a range of possibilities, none of which need to be deliberate acts. As a result, any finance 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 and preserve your reputation.

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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Great customer service I’ve been using Caunce O’Hara for my business insurance for several years. Customer service is always excellent! I’d recommend them.
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Efficient and simple A renewal should be a simple process, and it was. Caunce O'Hara kept me informed with updates. I spoke to an advisor who was prompt and efficient.
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Provided expert advice and offered required cover Have provided cover for several years and always competitive and efficient.
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Frequently Asked Questions

As a finance professional you are employed to help people develop their businesses from a financial perspective, which can includes financial advice, payroll and PAYE calculations and end of year financial reports. As such, you are at high risk of a professional indemnity claim if your figures are incorrect.

A couple of examples could include:

Alleged negligence

Financial professionals’ negligence can include, but is not limited to:

  • Missing a deadline for a company return.
  • Incorrect tax advice.
  • Mistakes in the preparation of accounts.
  • Auditing errors.
  • Incorrect advice regarding pensions and investments.
  • Failing to advise correctly about property investment.

Professional Indemnity insurance would 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: a bookkeeper 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 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 policy 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