ACCA Members scheme

Our exclusive ACCA Insurance Scheme has successfully been insuring ACCA members for over 25 years and is the preferred choice of over 1,500 firms. As a market leading provider to ACCA members we offer Professional Indemnity Insurance (PII), Directors & Officers Liability Insurance (D&O), Public Liability and Employers’ Liability Insurance and Personal Accident Insurance to our clients through our Scheme. Office Insurance and Cyber and Data Liability Insurance can also be arranged separately. The Insurance Scheme and our service offering have been designed to add value to your business and benefit you as an ACCA Member, managing your risks and at the same time giving you comfort of cover:

•   Underwritten by Arch Insurance (UK) Ltd, who are A+ rated by A.M. Best.
•   Professional expertise and excellent customer service from our experienced team. We understand your industry and risks so we provide a policy that is broad in coverage and meets your regulatory requirements
•   Specialist claims service and free legal helpline provided by Caytons Law. When you need help, we have a specialist law firm on hand that is very responsive and there for you.

The PII Policy Wording is market leading, providing the following coverage:

•   Full Civil Liability
•   Awards by Ombudsmen or Regulatory Authority up to full limit of indemnity
•   Fidelity Guarantee up to full limit of indemnity
•   Loss of Documents up to £250,000
•   Disciplinary Hearing defence costs up to £250,000
•   Cover for Outside Business and Other Work
•   Reputational Indemnity up to £50,000
•   Compensation for Court Attendance – Partners/Directors/Members £500 per day, Employers £250 per day
•   Data Protection Legislation Prosecution Defence Costs up to £250,000
•   Cover for Mitigation of Losses

The Policy is also inclusive ARAG Legal Expenses Insurance - £250,000 any one claim, capped at £1,000,000 in the annual aggregate for Employment Compensation Awards

We have also developed a new portal system allowing you to renew quickly and securely online. The benefits include:

•   Ability to renew ancillary covers such as public liability, employers' liability and directors and officers liability
•   Access to your policy documents 24-hours a day
•   The ability to complete your proposal form quickly, with access granted to multiple users
•   Pre-population of the proposal form for future renewals, making the process much easier and quicker
•   Secure, instant delivery and storage of your policy documentation including policy wording, certificates, endorsements and invoices
•   Reduced impact on the environment
•   Access to useful tools such as FAQs and topical article

You are able to select the level of cover most appropriate for your needs, whilst remaining confident that all options are fully compliant with both ACCA and ICA Practising Regulations.