Accountants Directors and Officers

Directors of Accountancy Firms or Partners in LLP firms can be held personally liable for decisions they make and this liability is unlimited.

Claims can be brought against Directors or Partners of LLPs for breach of duty, neglect, errors or omissions and mis-statements. Even unfounded allegations need to be defended and can prove costly.

It is therefore crucial that accountancy firms carry comprehensive Directors and Officers (D&O) Insurance (sometimes also referred to as Management Liability) to provide protection against these risks and safeguard your individual assets.

Champion Professional Risks have extensive experience in arranging D&O cover for accountancy firms and have direct access to specialist underwriters which means that we can arrange competitive cover which provides total peace of mind for the individuals that sit behind your practice.