Bookkeepers Insurance

Specialist Bookkeepers Insurance

  • Specialist UK provider.
  • No hidden fees.
  • Flexible cover dates, 1 day to 1 year.
  • Includes Cyber Liability as standard.
  • Premiums from £5 per month.

By clicking to obtain bookkeepers insurance quotation you are being transferred through to our specialist provider Tapoly. Tapoly are authorised and regulated by the Financial Conduct Authority, reference number: 783637.

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Cover Overview – PI Insurance

If you offer advice or services it is vital that you protect yourself, your business and your reputation by investing in professional indemnity cover.

Who Needs PI Cover?

Anyone who gives advice, makes educated recommendations, designs solutions, or represents the needs of others. Professionals such as bookkeepers are prime candidates for carrying PI insurance. PI should be the cornerstone of any bookkeepers insurance package.

PI Policy Overview

PI insurance offers protection for service errors, contract performance disputes or any other professional liability issues. These policies can include legal defence costs, damages and compensation due to professional negligence.

PI policies generally have both a claim limit and an annual limit, which is based on the insured’s exposure. The claim limit is the maximum amount that will be paid for any single event, and the annual limit is the maximum that will be paid in any one year.

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Still Like to Know a Bit More?

As a professional bookkeeper, you are expected to provide quality services. However, despite your best intentions, mistakes or misjudgements are bound to occur and can have serious consequences. Clients could sue you or your company, and in addition to paying to defend yourself in court, you would also be responsible for potentially extensive compensation costs if found at fault. If you fail to protect yourself against this liability, the consequences for your business could be financially devastating.

Professional Indemnity Cover

First and foremost, you should protect yourself with professional indemnity insurance cover.  Any bookkeepers insurance package should start with this cover. In the event of a claim, this policy will cover defence costs in court and any monetary damages awarded to the claimant if you are found at fault.

However, just purchasing cover is not enough. You will also need to engage in effective risk management as well as report claims on first knowledge. Reporting and responding to claims immediately by developing an appropriate response plan can ensure that you have the best chance of a favourable outcome. Your bookkeepers insurance package is there to protect you so please keep your broker or insurer informed.

Quick Response Plan

Your best risk management defence is to craft a specific plan for responding to professional indemnity claims. The following elements should be addressed in your plan:

  • Report the claim to your broker or insurer as soon as possible. Insurers will accept verbal notifications and written notifications. Late notifications could void your cover and enable insurers to not pay the claim.
  • If required your insurers will appoint a legal defence team to represent you in the claim. Insurers may identify or hire an expert. The claimant will generally hire an expert witness to testify that you breached your professional duty, so insurers will have an expert defend your work.
  • Consider gathering documents, taking notes and photographing anything relevant to the claim.
  • Designate a claims management project team within your office. Who will assemble and review documents, and events leading up to the claim, communicate with involved parties, attend depositions and perform other necessary duties?
  • Assemble documents and stay organised. A large claim can be very time intensive, but the more organised you are with documents and timelines, the less it will cost you in lost hours.

To discuss your bookkeepers insurance please call today on 0113 3904646, or visit our Contact Us page.

Our Clients Rate Us

Fantastic service

Fantastic service from Maria and Ged at Edison Ives. Professional, friendly and courteous service, well done!

Chris Phillips
Great for start-up businesses

Amazing service. Quick and reliable help. Great for start-up businesses. Professional and very helpful staff. Will be back for sure. Strongly recommend.

Grazyna Marlewska
Everyone is so helpful

Would highly recommend Edison Ives, we have been working with them for our own policies as well as policies for clients. Everyone is so helpful. We recently needed an office insurance policy and Tim arranged for this to be sorted the same day for us. Thanks again!

Katie Johnston
Brilliant from the go

I spoke to Gobind Suryavansi who was brilliant from the go. I was pleasantly surprised with the amount of time he spent with me to ensure that the policy was tailored to my needs and that I understood what I was covered for. It was so refreshing speaking to a professional, who made the process so smooth and left me feeling very confident that I was covered in the event of a claim. Your a credit to the company and I will definitely be recommending you to my friends and family. Thanks again Gobind

Prep N Finish
Quality customer service

I have used Edison Ives twice in the past 6 months, dealing with Sarah Parnell, I have to say dealing with Sarah was a refreshing expereance based on dealings with other insurance Company's. Sarah is committed to Quality customer service and supplying the best product for the customer

Micheal Cranham
Specialist and very cost-effective

We have been working with Edison Ives for a couple of years now and have always been impressed with their focus on customer service. They have also managed to obtain specialist and very cost-effective cover, with innovative solutions to meet for our insurance needs. Highly recommended.

Japanese Knotweed Ltd
Fantastic experience

Fantastic experience with Edison Ives, and especially Gobind. Whereas most insurance brokers take days to get quotes in place, Edison Ives take a matter of hours. The whole process was simple, efficient and a very professional service. Would recommend to anyone.

James Aston
Efficient, professional and personable
Gobind has always been efficient, professional and personable when handling my insurance requirements. He is always happy to assist even if he does not initially secure the business
Edmund Parker
Very Professional

I dealt with Gobind for our Liability Insurance. He was very professional. Quick to reply with any queries. He made the whole process very easy.

Carla Davies
Very Helpful

Gobind was very helpful, he understood what I needed for my insurance and was very quick to get me the quote I was after.

Lindsey Hutchings
Extremely helpful and efficient

Extremely helpful and efficient - found me the cover I needed for a complex build project.

Sarah Louise
Significant cost savings

An incredible team. Fast responses to queries and full disclosure received from Tony - Every time. Significant cost savings found with no decrease in cover.

Michael Echakowitz
Flexible and accommodating

My husband just set up his first business and as many can relate to its very overwhelming with all the things needed to do including insurance. I looked around and dealt with a couple other companies which in comparison were a nightmare.

Gobind was amazing with communication, making the whole daunting experience a breeze and going the extra mile to provide outstanding customer service. The company is very flexible and accommodating wouldn't hesitate to recommend to any of my friend or family.

Angela Marafelia
Incredible

I spent months trying to find bespoke insurance cover for my small food business but kept getting really bad service, no information and refusal with no explanation. I’d almost lost hope but then I got through to Tony from Edison Ives and he was incredible. Not only did he spend the time to explain things thoroughly, he went out of his way to help me find the right insurance policy for my business. I’m a super happy customer and would Highly recommend! Thank you so so much.

Evey T
Absolute top man

I was let down by another insurance broker at 5 o'clock on a Monday night with a project mobilizing on the Wednesday morning for which I had to have Rope access insurance for at £10M ELI/PLI.

Tony called me back after hours on the Monday night, got all of the information required (walked me through the document) and then put in a monumental effort to get the quotations back before my mobilization time. As a comparison I had other insurance brokers only responding to my enquiry 24hrs later.

Tony got everything in place in time for us to go offshore and successfully deliver our project. Absolute top man and I will be back to speak to Tony for our next insurance coverage (with a bit more time to spare).

Michael Killeen Rope Access
Professional service

Tim Dixon provided very professional service giving me timely reminders and following up on my queries promptly. The policy is tailored to our needs and competitive. Excellent service and I would recommend.

Mike & Ali Scott
Outstanding and prompt

As a tree surgeon, I was struggling to find insurance to suit my company needs. I spoke to Tony at Edison Ives, his service was outstanding and prompt. He tailored my cover to suit my needs. Would absolutely recommend.

Jamie Morris Tree Surgeon
Very friendly & always helpful

I have been dealing with Edison Ives for a couple of years and fined that both Tony & Ged have in depth knowledge of the insurance required all the Staff are very friendly & always helpful we have developed a great working relationship which will continue for many years.

Del Russ Director
A high level of service and value for money

Edison Ives have provided me with a high standard of customer care and attention. Sarah and the team advised and sourced insurance cover that ensured our business properties and clients obtained a high level of service and value for money.

Stephen Carr
Extremely helpful and understanding of our business needs

We have held our Fleet and Professional Indemnity insurances with Edison Ives for a couple of years now and the service has always been second to none.

Sarah and the team respond promptly to any queries and we have always found them to be extremely helpful and understanding of our business needs.

We would not hesitate to recommend Edison Ives to any prospective customers.

Thank you.

Clever Energy Boilers

Tim Wilson Clever Energy Boilers
Excellent, professional service for our Buildings and Contents

Great Service as always from Sarah at Edison Ives. They provide an excellent, professional service for our Buildings and Contents insurance at our two Sites. Always a pleasure to deal with and nothing is ever too much trouble.
Dave Hill - Navigation Wealth Management

Dave Hill Navigation Wealth Management
Very professional, efficient and extremely helpful

We are delighted with the service received from Edison Ives, Ged and the rest of the team. We wouldn't hesitate to recommend them to anyone in future! Their advice and recommendations have been invaluable to us. Very professional, efficient and extremely helpful.

Katie Gordon
Very informative and knowledgeable

Top guys, very informative and knowledgeable, great value , we did all of our public liability insurance with this team , and would strongly recommend them . 10 out of 10 👍

David Harvey
Brilliant Service and very helpful

Very Professional and always goes the extra mile to get you the best deals. We have switched all our business and fleet to Edison Ives. Saved our company money, Brilliant Service and very helpful. Tony is excellent! Would highly recommend.

Michaela Ramsden
Extremely helpful and knowledgeable

Gobind is extremely helpful and knowledgeable. He went above and beyond to arrange the cover we needed and I have no hesitation in recommending him.

Geri Conniffe
Helpful, polite and professional
After many months of struggling to find the right insurance and speaking to MANY different insurance brokers, I felt that it was right to say a big THANK YOU to Gobind! From my experience, Gobind has stood out as being the most helpful, polite and professional person that I have had the pleasure to work with. Keep up the good work : )
Emma Brewster Business Owner
Professionalism, Responsiveness, Value
The leaseholders in my building recently took on the challenge of becoming freeholders and with the completion date looming, we needed to secure new building insurance. I ventured onto a comparison site and had a million calls from brokers offering their services and quotes etc. Of all, Tony from Edison Ives, was the most diligent, professional and responsive. Tony is very personable and made sure I had absolutely everything I needed (I ask A LOT of questions!) to make an informed decision along with a paper trail for reference and transparency. Based on my experience with Tony, I would definitely recommend Edison Ives and their services.
Tiffany Wint Property Owner
Extremely helpful and at very competitive cost
Very efficient prompt response with personal service.
Excellent follow up with all queries covered.
Extremely helpful and at very competitive cost
I would be happy to use again and recommend
Sue Harrower Landlord
Absolutely thrilled
Absolutely thrilled with the service from Edison Ives Insurance Solutions. A friendly welcoming conversation led to an excellent value quote, far better than previous premiums paid. Tony was supportive, efficient and incredibly swift to ensure that the needs of our newly formed RTM company were met. Honestly, he surpassed my expectations and made the whole process a simple pleasure. I would recommend Edison Ives without any reservation. You will not be disappointed!
Chrissy Gisbey RTM Company
Amazingly helpful
We contacted Edison Ives on a recommendation. Tony the gentlemen who dealt with our insurance quote was amazingly helpful. The experience was straight forward and clear. He got us a deal we are very happy with. 100% better than our previous insurance broker. I would recommend these company to anyone in need of insurance, you will not be disappointed. Thank you Tony & Edison Ives 🙂
Laura Musgrove Business Owner