Insurance for ICAEW Members
Marsh Commercial (previously called Bluefin Professions) is the exclusively appointed insurance broker for ICAEW members’ professional indemnity insurance, office insurance and cyber insurance. We’ve worked with the ICAEW for 14 years and manage more than 4,500 policies on behalf of members.
Working closely with the ICAEW, we have developed a range of insurance products that protect members from the specific risks they face as a chartered accountant, whether you’re a sole practitioner or work in practice.
Marsh Commercial also offers ICAEW members risk management advice to help mitigate the day to day risks accountants face as well as hands-on support from our dedicated in-house claims to guide members through the claims process step by step.
ICAEW 1-4 Partners
Working closely with the ICAEW, we have developed a professional indemnity insurance (PII) policy that protects members from the specific risks they face as chartered accountants. We currently manage more than 4,300 PII policies on behalf of members.
ICAEW 5+ Partners
As well as being mandatory for ICAEW members, having accountants professional indemnity cover in place to deal with claims is vital to protect your business and reassure your clients.
ICAEW Office Insurance
Having the right office insurance is essential to protect you against damage to your office premises or equipment, minimising the interruption to your business that could lead to loss of income.
ICAEW Cyber Insurance
Working closely with the ICAEW, we have developed a cyber insurance policy that protects members from the specific cyber threats they face as a chartered accountant, whether you are a sole practitioner, work for a small practice or a large firm.
We understand smaller accountancy practices are often penalised by minimum premium rating restrictions. Exclusively negotiated for members with low fee incomes, our ICAEW professional indemnity insurance product for sole practitioners offers a competitive solution with the levels of cover you need to protect your business.
Related articles and events
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.
At Marsh Commercial we understand that, for some, annual insurance renewals or monthly payments will be cause for concern – there is a clear need to keep insurance cover in place but premium payments may represent a serious strain on already stretched finances.
Events in recent years continue to have a significant effect on the professional indemnity (PI) market ‒ creating a lack of supply and driving premiums up – but there is better news for ICAEW private practice members working with Marsh Commercial to secure PI cover.
What are the top five professional indemnity claims for accountants in 2019 and what are the trends for 2020?