Comprehensive insurance protection for accountants, lawyers, consultants, architects and other professional advisors across New Zealand.
Professional services firms in New Zealand face unique risks that require specialised insurance coverage. Whether you're an accountant providing tax advice, a lawyer representing clients, a consultant offering strategic guidance, or an architect designing buildings, your professional advice carries significant liability.
Even with the utmost care and diligence, mistakes can happen. A single error in advice, a missed deadline, or an allegation of negligence can result in costly legal proceedings and substantial compensation claims. Professional services insurance protects your business, your reputation, and your personal assets.
In New Zealand, professional advisers must also consider regulatory compliance, ACC cover for employees, and increasingly, cyber security threats. Having the right insurance portfolio in place is essential for running a successful professional practice.
Also known as professional liability insurance, this is the cornerstone of cover for any professional services business. It protects you against claims arising from:
Essential if clients or members of the public visit your premises. Covers:
Professional services firms handle sensitive client data. Cyber insurance protects against:
Protects against breaches of New Zealand legislation including:
Consultants in New Zealand face a range of professional risks that can result in claims:
Professional services insurance costs in New Zealand vary based on your business type, size, revenue, and risk profile. Here's what you can typically expect:
| Business Type | Professional Indemnity | Public Liability | Cyber Liability |
|---|---|---|---|
| Accountants | From $1,500/year | From $600/year | From $800/year |
| Lawyers | From $3,000/year | From $800/year | From $1,200/year |
| Management Consultants | From $2,000/year | From $600/year | From $900/year |
| Architects | From $2,500/year | From $800/year | From $800/year |
| Bookkeepers | From $800/year | From $500/year | From $600/year |
* These are indicative costs only. Actual premiums depend on your specific circumstances, claims history, coverage limits, and insurer. Contact us for a personalised quote.
Our brokers compare multiple insurers to find you the best cover at competitive prices tailored to your professional practice.
Get a Free Quote Speak to a BrokerMany professional bodies require PI insurance as a condition of membership, including:
Protection against professional negligence and errors
Cover for third-party injury and property damage
Protection against data breaches and cyber threats
Cover for fines, penalties and legal defence costs
Personal liability protection for directors
Cover for accounting and audit costs
Get comprehensive insurance cover tailored to your professional services business. Our expert brokers understand the unique risks you face.