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Financial Lines and Casualty 

Accountants Professional Indemnity

Accountants have a duty of care when providing professional advice. Delta’s Accountants Professional Indemnity Policy meets industry requirements and protects professionals, their reputation, and their business from legal costs arising from alleged negligence, errors, or omissions.

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Specialised cover protecting accountants from financial losses due to negligence, errors, or breach of duties, ensuring peace of mind and financial security in a complex industry.

Coverage

Providing broad civil liability coverage for claims arising from:

Professional negligence, act, error or omission

Breach of duty including breach of fiduciary duty

Breach of confidentiality

Defamation

Breach of warranties and conditions

Consumer protection legislations

Intellectual Property Infringement

Automatic Extensions

  • Continuous cover
  • Auditing standards
  • Fraud and dishonesty
  • Vicarious liability for consultants
  • Reputation protection costs
  • Investigation costs
  • Two automatic reinstatements of the limit
  • Defence costs, in addition to limit
  • Contractual liabilities
  • Limitation of liability in contracts
  • Extended reporting period
  • Loss mitigation costs

Key aspects

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Broad civil liability coverage

Delta’s Accountants Professional Indemnity Insurance provides broad cover for civil liability arising from the Insured’s performance of professional services including Breach of fiduciary duty, Defamation, breach of confidentiality and acting in capacity of external appointments.

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Optional extensions 

Delta’s policy also offers the flexibility to add optional extensions, including Fidelity Cover, as well as Director, Officer, Partner, or Principal’s Previous Business coverage, ensuring comprehensive protection tailored to various professional and business needs.

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Industry driven solutions
Delta’s policy provides essential protection for accountants by covering defence Costs and damages arising from audit failures under the Corporations Act 2001 (Cth), ensuring compliance risks don’t jeopardize your financial security or reputation.
Primary and excess limits up to $10m any one claim

This summary is intended for informational purposes only and is subject to meeting certain underwriting criteria and acceptance, specific terms, conditions, and exclusions which are specified in the Policy Wording. Please consult your policy schedule for details of coverage that has been obtained. This summary does not form part of your policy documents. 

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Accountants Professional Indemnity