You focus on the numbers; we’ll cover the “what ifs.”
Even small mistakes cause big problems. Protect your work, your reputation and your bank balance with professional insurance for professional people.
Insurance that protects how you actually work
You keep clients calm when money gets messy. We keep you protected when work gets tricky. As accountants, we get the deadlines, the inbox chaos, the stakes. Abacus is your first call; our partner PSC Insurance handles the placement and day-to-day policy management with quality insurers. We’ve negotiated preferential, highly competitive rates through PSC, and our member coordinator, Tali, manages everything end-to-end so you don’t have to.
Trusted by 450+ public practice firms across Australia.
Built for accountants only — PI and Cyber tailored to public practice, bookkeepers, BAS & tax agents.
Backed by global insurers and arranged by PSC Insurance Brokers for competitive terms and robust wordings.
Compliance made simple — policy settings aligned to public practice expectations and TPB requirements.
Fast documentation — clear quotes and swift Certificates of Currency for your files and audits.
Bundle protection — optional Cyber cover alongside PI to address data breach, ransomware and privacy risks.
Local, human support — Australian-based help from people who understand how firms actually operate.
Why accountants choose this cover
Stay compliant without the guesswork. Policies aligned to CPA/CA ANZ/TPB expectations for public practice, so you’re not hunting through fine print or risking gaps at claim time.
Control rising risk and rising premiums. Transparent options so you can right-size limits and add only what matters (PI first, then Cyber/Public/Management Liability if needed).
Cut admin, avoid lapses. Friction-light renewals, reminders when renewals approach, and guidance so you don’t miss cover during EOFY crunch.
Specialised for small firms and solos. Designed for the 2–10 person practice and sole practitioners who wear every hat.
Who it’s ideal for
Sole practitioners and micro practices under 10 staff
Registered tax agents, SMSF auditors, and company auditors in public practice
Firms that want PI first, with optional Cyber/Public/Management Liability as they grow
“The experience with Abacus is simple, seamless, and pain-free, as everything is done quite quickly by email and fax, and I don’t have to ring. I would recommend Abacus if you think you are paying too much for PI insurance.”
Insurance Options
Professional Indemnity (PI) for accountants
If a client alleges an error, omission or breach of duty, you’re defended and supported.
The backbone policy that helps cover allegations of error, omission, or breach of duty—so a simple slip doesn’t become an existential threat to the practice. (Target limits, compliant wording, easy claims support.).
Business Insurance
If something happens to your office or a visitor is injured, you’re not left exposed.
Protect your practice with business insurance that’s built for how accountants work. We arrange the essentials—Professional Indemnity, Cyber, Public & Products Liability, and Management Liability—through trusted insurers, with clear documents, simple renewals, and fast claims support. Stay compliant, protect your reputation, and keep your focus on clients while we cover the risks
Cyber Insurance
If email gets compromised or data goes missing, incident response is on call.
Client data, portals, and emails are your lifeblood. Cyber helps with breach response, business interruption and third-party claims—now commonly bundled alongside PI for firm-wide resilience.
Tax Audit Insurance
If the ATO or a state authority reviews a client, fee pressure doesn’t fall on you.
Shield against the cost and disruption of an ATO or state revenue audit with Tax Audit Insurance—available for your firm and for your clients. It helps cover professional fees for responding to audits, reviews or investigations, so you’re not out of pocket for the time it takes to gather records, prepare submissions and liaise with authorities. Simple to add, straightforward to claim, and a smart way to protect cash flow and peace of mind.
FAQs
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Yes—public practice members are expected to hold PI; it’s the policy that stands between a human error and a business-ending bill.
PI Insurance is compulsory for members of CPA Australia, CA ANZ, IPA, ATMA, and TI who offer accounting services to the public.
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If you hold client data (you do), cyber plus PI is now common and keeps recovery + third-party exposures in check.
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We start early (60–90 days) so you’re never exposed during busy periods.
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Our Insurance is designed around your pain points
Not Too much jargon
One-page summaries of “what’s covered / what’s not” in plain English.
No Premium creep
Adjust limits/deductibles and bundle only where it adds value.
No Claims anxiety
Guidance at claim time so definitions and duties don’t trip you up.
Prepare your practice to the coming year with confidence.
Abacus Australia’s new whitepaper breaks down what’s changing in PI insurance, cyber protection, and compliance requirements for small accounting firms. Clear, concise, and designed to help you renew with confidence.
Certified & Trusted
We’re proud to hold certifications and partnerships with recognised industry bodies and compliance authorities.
These certifications reflect our commitment to professional excellence, ethical practice, and reliable client outcomes
Insurance backed by global insurers — arranged by PSC Insurance
Abacus partners with PSC Insurance Brokers to give members streamlined access to accountant-ready Professional Indemnity and optional Cyber cover. PSC is a national brokerage with local advisers and access to leading global insurers, so your policy wording, limits and pricing match the realities of public practice. Get fast quotes, compliant cover, and confident support—exclusively for Abacus members.
