Accountants are constantly navigating complex financial landscapes, where even a small error can have significant consequences.
Whether it’s a miscalculation, regulatory changes, or unforeseen client disputes, the risks are ever-present. Champion Professional Risks offers bespoke insurance solutions to safeguard your practice from these pitfalls, ensuring you’re covered when things don’t go as planned.
Discuss your requirements with our expert team today and find the perfect protection for your accountancy business.
Accountants, whether chartered, certified, or bookkeepers face significant risks from errors, omissions, or allegations of negligence. From tax advice and audits to payroll and management accounting, even minor mistakes can lead to costly claims.
Professional indemnity insurance protects against legal fees, compensation costs, and reputational damage. It’s essential for sole traders, partnerships, and firms alike, especially with growing regulatory scrutiny. Some memberships and clients even require it. Protect your practice and your peace of mind with tailored cover.
Get in touch with Champion Professional Risks today for expert advice and a competitive cover.
Partners and directors at accountancy firms — whether in limited companies or LLPs — can be held personally liable for decisions made in their role. Claims for breach of duty, negligence, or mismanagement can arise from regulatory investigations, client disputes, or internal matters. Even unfounded allegations can lead to costly legal defence.
Directors and Officers (D&O) Insurance, also known as Management Liability, protects personal assets and ensures you’re covered when it matters most.
Champion Professional Risks specialises in D&O insurance for accountants — contact us today for expert advice and a tailored quote.
Accountancy firms face increasing risks from fraud, theft, and cyber-enabled crime. Commercial Crime Insurance offers essential protection against financial loss caused by employee dishonesty, third-party fraud, forgery, and computer-related crime.
For accountants handling client funds, payroll, and sensitive financial data, even a single incident of fraud can lead to significant financial and reputational damage. Traditional Professional Indemnity or Office policies may not cover these exposures in full, making a standalone Commercial Crime policy a vital part of your risk management strategy.
Cover typically includes protection against internal threats such as staff dishonesty, as well as external risks including cheque fraud, phishing scams, electronic theft, and social engineering. Policies can also be extended to include losses from telephone fraud or fraudulent instructions.
At Champion Professional Risks, we understand the specific risks faced by UK accountancy practices. As Chartered Insurance Brokers, we work with leading insurers to provide tailored crime cover that complements your existing insurance arrangements.
Speak to us today to protect your firm from the hidden cost of financial crime.
From tax returns to payroll processing, accountants rely on digital systems and hold sensitive client data — making them prime targets for cybercrime. Phishing, ransomware, data breaches, and GDPR violations can all lead to serious financial and reputational damage.
Whether you’re a sole practitioner or a multi-partner firm, cyber insurance protects against extortion, system restoration costs, data breach response, and more.
Champion Professional Risks arranges specialist cyber insurance for UK accountants—contact us today for tailored cover that safeguards your practice.
To speak to a member of our team please call 03330 430 430 between the hours of 9am & 5pm, Monday to Friday. Or, if you prefer please complete your details here and we’ll get back to you as soon as we can.
