Industry Approved

Our insurance comprehensively covers the requirements set out by the CPA and CA for its members.

Personal Service

As specialists in accountant insurance, we provide a level of service and understanding of your needs that is unparalleled in the industry.

Competitive Price

We have access to a range of local and global insurers to ensure that we can provide you the right cover at the right price.

Claims Assistance

As accountants ourselves, we have the experience and understanding to help you through every step of the way.

“The experience with Abacus is simple, seamless, and painfree 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.”

Isaac Gnieslaw

Accountant
Insurance
Specialists

At Abacus, we specialise in Professional Indemnity Insurance for Accountants. Working only in this niche, we know the specific risks that your Accounting business is exposed to. We know as an accountant, you are legally responsible for providing correct and precise advice and services to your clients.

While you may take every precaution necessary to ensure everyone in your business complies with this responsibility, mistakes can happen. When they do, they can be extremely costly for your business and your reputation.

That’s where Abacus comes in.

With a background as Accountants ourselves, we fully understand your role, and the unique risks and challenges you face. The number of legal claims made against practitioners in the accounting industry have risen year on year in the past few decades. Now more than ever, it is vital your business is protected against such claims.

With appropriate Professional Indemnity Insurance in place, you can protect the reputation, credibility and financial standing of your accounting firm, even after disaster strikes.

Find out more about our Professional Indemnity Insurance product here.

We Add Value to Every Business We Work With

Abacus is more than an insurance provider, we help you become your clients’ most trusted financial adviser:

We actively promote and encourage our members to conduct their business to the highest standards of professional practice.
We work together with our clients to help them meet and exceed their clients’ increasing expectations.

At Abacus, we are passionate about providing our clients with value added services. While our core product is a Professional Indemnity Insurance cover that specifically meets the needs of growing accounting practices, we also help our clients with more than just fulfilling insurance requirements. We focus on the needs of our members, and act in the best interests of professional Accountants in public practice across Australia, applying our extensive Accounting Industry experience to improve their business.

Our Professional Indemnity Insurance Offering

The Abacus Professional Indemnity policy complies with the requirements of various professional representative organisations including ATMA, CPA, CAANZ, IPA and TI.

Our Professional Indemnity Insurance cover is designed to protect professional accountants from the risks they face in their role. As an accountant, your clients trust your advice, and look for your input on their important financial affairs such as their taxes and business finances. This is your area of expertise, and while you conduct your business with a degree of professionalism at all times there’s always potential for something to go wrong. If you provide inaccurate or incomplete advice, your client may suffer financially, which you could be held liable for. That’s why it’s so important that your own business is protected, so that a small mistake doesn’t put you out of business.

Abacus Professional Indemnity insurance coverage is specifically developed for the needs of the smaller private accounting practice. When you become a member of Abacus, you not only receive the insurance cover, but also support should you be faced with the prospect of a claim.

Our Professional Indemnity Insurance for Accountants coverage is extensive. Some of the key policy features can be found here.