List of Professional Indemnity Insurance providers

Members should be aware that the CIOT cannot recommend that members take out a particular PII scheme. However, the CIOT has an arrangement with the providers below that, by virtue of their membership, any quote provided to a member will be is compliant with CIOT requirements.  

TaxPro – provided by Hiscox via Gallagher

TaxPro provides specialist Professional Indemnity Insurance that meets the requirements of the CIOT and is available from as little as £5 per month.

Cover is designed to protect you against a wide range of risks, including claims made against your business, the cost of rectifying mistakes, loss of documents, and liabilities arising from employee dishonesty. It also covers pre-bono work (not all PII policies include this).

Tax businesses of all sizes can benefit:

  1. Individuals and small firms with an annual turnover up to £5,000 – priced from just £5 per month (including IPT).
  2. Firms with an annual turnover up to £300,000.
  3. Large firms with an annual turnover over £300,000.

Gallagher also offers a range of other business covers including cyber liability cover and Directors’ and Officers’ insurance. To find out more and get a quote visit taxproinsurance.co.uk or contact Robert Moore on 01443 502612. Alternatively, email [email protected] or [email protected]

Arthur J. Gallagher Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: Spectrum Building, 7th Floor, 55 Blythswood Street, Glasgow, G2 7AT. Registered in Scotland. Company Number: SC108909.

MFL Insurance Group Ltd

  • We have a panel of Insurers offering an exclusive policy wording that satisfies the requirements of CIOT, ATT and is also ICAEW compliant for those Practices requiring this.

What do MFL Insurance Group Ltd do for members?

  • MFL Insurance Group Ltd - A specialist insurance broker to the tax and accountancy sector offering bespoke PII cover for practices of all sizes from Insurers with ‘A’ rated financial security.
  • Quotations are available where a director, partner or any senior staff within the firm is a member of CIOT.

Members can obtain a compliant quotation by contacting us using the details below.  If having received the quotation and once cover is in place, we shall provide;

  • Appropriate verification that cover is CIOT compliant and
  • Specific Claims and Risk Management assistance and a programme of regular technical bulletins.

If you require a quotation, please contact us:-

Barlow House, Minshull Street, Manchester M1 3DZ (Tel: 0161 236 2532):

Andy McDermott

[email protected]

Tel: 0161 237 7721

or

Lewis Skinner

[email protected]

Tel: 0161 236 2583

MFL Insurance Group Ltd is authorised and regulated by the Financial Conduct Authority. Registered Address Barlow House, Minshull Street, Manchester, M1 3DZ. Registered in England and Wales, No. 02817700. 

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