Professional Indemnity Insurance for Accountants
DM Insurance Services Ltd have specialised in Professional Indemnity Insurance for Accountants for over 20 years, our clients benefit from a specialist team who are experts in Professional Indemnity Insurance, offering exclusive schemes with Insurers for competitive premiums.
We look after all accounting professionals including members of -
CPA – Institute of Certified Public Accountants in Ireland
ACCA – Association of Chartered Certified Accountants
AIA – Association of International Accountants
CIMA – Chartered Institute of Management Accountants
CIPFA – Chartered Institute of Public Finance & Accountancy
CAI – Institute of Chartered Accountants in Ireland
What is Accountants Professional Indemnity Insurance?
Accountants Professional indemnity insurance protects you against claims against the costs involved in defending allegations of professional negligence.
Why do accountants need insurance?
It pays for your legal fees as well as any compensation which you may be liable for in the event of an allegation of professional negligence without this indemnity in place a financial burden could be placed on you and your business.
In addition most accountancy membership associations require their members to hold a minimum level of accountants professional indemnity insurance to protect you if a client alleges negligence - such as not filing their accounts on time, making an error in a VAT return or a breach of client confidentiality
How to get a quote?
To obtain a quotation please complete the form linked here Accountants Professional Indemnity Insurance Enquiry
Changes To Accountants Professional Indemnity Insurance Limits Effective 1st September 2024
These changes will take effect on 1 September 2024. Here’s a summary of the main points:
Main Changes:
Increased Minimum Indemnity Limits:
Exemption for Larger Firms:
Excess Limits
Group Arrangements
Run-off Cover
Additional Requirements for Certain Firms
New Funeral Directors Insurance Scheme
At JDM Insurance, we are proud to announce the launch of our exclusive insurance scheme designed specifically for funeral directors across Ireland. Understanding the unique challenges and risks associated with the funeral services industry, we have tailored a comprehensive insurance package that provides unparalleled protection and peace of mind at reasonable premiums.
Accidents Involving Customers
There are many regulations under Health & Safety Legislation which you are obliged to comply with concerning accidents involving members of the public within your property and indeed outside. (EG. Slips, Trips, Falls, Burns, Cuts, Trauma Etc.)
Customer Notice
Just to let you know whilst the Covid 19 crisis continues, we are OPEN and operating our FULL SERVICES. However we have closed the doors and cannot allow physical access to the office for customers, to comply with social distancing rules. Please Call Us, Email or Message us through our Contact Page.
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I have heard all too many policyholders over the years complain that their insurers settle claims way too easily. They feel that no attempt is made by insurers to defend what they often refer to as bogus claims.
Let me tell you that claims will be strenuously defended if insurers have been provided with evidence of genuine value. So what evidence can there be? Well I'm sure that you will agree that if an incident happens in your shop then they must rely on you to provide the necessary evidence.