Why should you choose Marsh to arrange your insurance solutions?
The risk exposures of each business can differ based on a variety of factors. Some known and emerging exposures you may face include:
Negligence or breach of duty allegations from disgruntled customers
Injury or property damage claims from a third party
Property damage due to natural disaster
Cyber-attacks if your customer or business data is stored by a third party, including accounting software and tools.
‘Claims made’ means that you (the insured) are covered for claims made against you during the current term of insurance. Even if the incident happened in the past.
Professional indemnity policies provide a 'claims made' basis of cover. This is because advice or service errors in many professions may not be discovered until months or even years after the mistake was made.
Therefore, a professional indemnity policy or 'run-off' policy must be in place for a claim to be met by an insurer.
It’s also important to note that, if the limit of indemnity was changed, the limit that applies is the one purchased when the claim is notified – not when the work was completed.
Our team supports accountants to provide risk and insurance advice that’s tailored to your unique risk exposures.
Packages we recommend considering often include:
Cyber insurance.
A certificate of currency is proof that you hold a current insurance policy.
Please contact us once you have accepted your policy and we will arrange for a certificate of currency to be sent to you from your insurer.
Insurers use a range of details to calculate your insurance premium. These include your:
Level of cover
Business turnover or fee income
Prior claims history.
To arrange a quote, talk to us today. We’ll help you understand your business risks and arrange appropriate cover to meet your insurance needs.
When incidents occur, keep your financial firm running smoothly. Let us arrange comprehensive insurance for you.
Costly claims can be hard to recover from – even for a financial planner. Help protect yourself with cover arranged by Marsh.
A lot is at stake when it comes to taxes. Help protect your business – and yourself – against legal claims and costs with tailored cover.
*Subject to terms, conditions and exclusions of the policy.
LCPA 23/150
Marsh Ltd (NZBN 9429040918792)(“Marsh”) arranges insurance and is not an insurer. This webpage contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings and/or product disclosure statements available from Marsh on request.
