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Having professional indemnity insurance (PII) in place is a legal requirement for accountants, but it’s more than just a tick-box exercise – careful consideration is needed when selecting a policy that’s right for the work that you do.
The rapid adoption of new technology in accountancy brings a wealth of opportunities - but does it also bring new risks?
The accountancy world has been adversely impacted by the COVID-19 pandemic and ensuing lockdowns. But as we navigate the third phase of the crisis, what challenges await in the “new normal” and how can accountants begin to address them?
If you need professional indemnity insurance (PII), then you’re going to need an insurance broker.
There’s no great mystique to run-off insurance. The key to understanding this cover is getting to grips with the “claims made” nature of the protection.