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Markel Accountants Professional Indemnity Insurance


Simple, fuss-free way to get Professional Indemnity Insurance for Accountants and Accountancy firms

 

A partnership between an Insurer and Insurtech to give intermediaries a seamless, fuss-free insurance purchase experience

In a partnership between Surer and Markel, insurance intermediaries and accountants now have access to Markel’s Accountants Professional Indemnity Insurance!

Instant quotation

Powered by Surer’s technology, insurance intermediaries are now supercharged to get quotations for the Markel Accountants Professional Indemnity Insurance instantaneously.

‘Straight-through’ process

Intermediaries can process and close application for this insurance product digitally without the hassle of additional paperwork.

Fast support

You can rest assured the best support as you are backed by the Surer technology, regardless if you are a customer or an intermediary.

I am an Accountant

Interested in this product to purchase as an accountant or for your accountancy firm? Find out more about how you can do so now.

I am an Intermediary

Have a client who is an account or representing an accountancy firm? Find out more about how you can offer this to your client now.

Key covers of the Markel Accountants Professional Indemnity Insurance

Legal Liability

This insurance covers liability to pay compensation for claims for professional liability arising from the conduct of an accountant’s professional business practice. These claims come from third parties (such as a client or others who have relied upon advice) for financial loss suffered as a result of negligent advice, including errors or omissions. Limit of cover: up to S$3,000,000.

Legal Costs and Expenses

A single claim can ruin a business financially since litigation can be expensive, time-consuming and resource-consuming. This insurance covers your cost and expenses on this front. Limit of cover: up to S$300,000.

Low Cost, Wide Coverage

Accountants Professional Indemnity?

Here are some resources to help you understand what this is all about!

Important notes:

  • This product is underwritten by Markel International Singapore Pte. Limited (Markel)
  • Markel International is a division of Markel Corporation, a US-based holding company for insurance and investment operations around the world, that trades on the New York Stock Exchange (NYSE: MKL), has $37.5 billion of combined assets and $11.1 billion of shareholders’ equity. In 2019 Markel Corporation wrote gross premium of $8.8 billion.
  • Full underwriting criteria can be found here

This advertisement has not been reviewed by the Monetary Authority of Singapore.