- About us
-
News & articles
Back
News & articles
View our latest company news and thought leaderships here.
See all the news stories - Products
- Underwriting teams
View our latest company news and thought leaderships here.
See all the news storiesAccountancy firms of all shapes and sizes play a crucial role in the wider economy but the nature of the advice they provide exposes them to significant risk.
That’s why Errors & Omissions (E&O) is a crucial piece of protection that all accountants should consider, be they a small- to medium-sized (SME) firm or a multinational.
At Tokio Marine HCC, we specialise in the SME sector and the risks they face. Whilst E&O insurance may not always be a legal requirement, it is one of the most crucial pieces of cover an accountancy firm can invest in.
Certain governing bodies, such as the Canadian Chartered Professional Accountant (CPA) issue ‘practising certificates’, which are required in order for a firm to practice, and these certificates require a firm to have E&O insurance.
While non-chartered firms are not generally required to maintain E&O cover, we would ask: Why take the risk?
Indemnity limits up to C$10,000,000
Defence costs in addition to the Indemnity Limit
Extended reporting periods
Cyber Event Costs Extension
Civil liability wording
Dishonesty of employees
Loss of or damage to documents
Unintentional breach of confidentiality and infringement of Intellectual Property (IP)
Optional Cyber extension including first party cover for data protection, notification costs, cyber business interruption and regulatory defence
Chartered accountants
Certified accountants
Public accountants
Bookkeepers
Tax Consultants
The St Botolph Building
138 Houndsditch
London
EC3A 7BT
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
More about us Financial strength
