PROFESSIONAL LIABILITY

Accountants Liability Insurance

Monarch E&S is proud to offer executive, professional and cyber liability coverage through our sister company, CSRisks. CSRisks is a leading executive, professional and cyber liability wholesale insurance brokerage. Their knowledgeable experts provide analytical capabilities, a consultative approach and expert insurance broking services. With access to over 30 A rated insurance carriers, both admitted and non-admitted, their specialization means they quickly provide the cost-effective coverage and analysis retail agents rely on.

What Is Accountants Liability Insurance?

Accountants Liability Insurance covers claims for potential damages relating to Errors & Omissions or negligent acts in the performance of their professional services. This policy can cover CPAs, bookkeepers, enrolled agents, tax preparers and all size accounting firms. This coverage can include investment advice, professional fiduciary coverage, crisis event coverage, mismanagement of client funds and claims assistance.

Who Needs Accountants Liability Insurance?

Public Accountants, bookkeepers, enrolled agents, tax preparers and accounting firms of all sizes are vulnerable to potential claims of negligence or errors. While insurance is not required, it is highly recommended.

Why Do Individuals or Businesses Need Accountants Liability Insurance?

If a client or former client believes that an individual or business has caused financial or reputational harm, they may file legal action. Claims of failure to detect fraud, providing incorrect tax advice and errors in financial statements can all be brought by clients. Coverage can protect from cost of claims that are expensive and potentially career altering.

Talk to Our Experts

Amanda Sedliak, CIC, President, Capitol Special Risks

Alison Green, Director of Brokerage, Capitol Special Risks

Mike Morales, Senior Vice President, Specialty Wholesale Insurance Solutions