On-line Accountants Professional Indemnity Insurance


Thank you for considering our on-line professional indemnity insurance service.   Because Greater National Group is an insurance broker, not an insurance company, we will process your application with major insurance companies in order to find the right professional indemnity for you.

Please fill in the following form as fully as possible, then click 'submit' at the end of the form.
You can use the TAB key to move to the next field. We will respond with your terms as soon as we have researched the market for the right available deals that fit your requirements.


1a. Please state the limit of indemnity required: $
1b. What excess do you wish to pay towards a claim?: $
2. Do you currently have professional indemnity insurance?
Yes No
If yes, please provide details below:
Expiry date:
Insurance company:
Indemnity limit: $
Excess: $
Premium: $
3. Please enter the full nature of the activities to be covered and type of advice given
4. List the professional bodies or associations to which you belong:
5. Express as a percentage Express as a percentage of your gross fee/income for the last (12) twelve months, the total fees derived from the following activities (if no actual fees, answer in relation to estimated fees).
Activity Percentage
5.1. Auditing of Public Companies %
5.2. Auditing of ‘for profit’ organisations %
5.3. Auditing of ‘Not-for-profit’ organisations, associations and the like %
5.4. Accounts preparation or bookkeeping %
5.5. Taxation advice %
5.6. Business valuations %
5.7. Mergers and/or Acquisitions %
5.8. Receiverships, liquidations or bankruptcies %
5.9. Investment advice, investment management or financial planning %
5.10. Superannuation fund management/trusteeship %
5.11. Insurance Agents %
5.12. Company directorships/secretarial positions %
5.13. Other, please specify below %
6. Do you provide general accounting services or advice to organisations to whom you also provide auditing services?
Yes No
If Yes, supply details as to how such auditing services are carried out in an independent manner:
7. Do you perform auditing work for any Financial Institutions such as Banks of any description, Finance Companies, Building Societies, Credit Unions, Credit or Housing Co-Operatives, Insurance Companies or Life Assurance Companies?
Yes No
If yes, please provide fees derived from this activity:
8. Does any Partner/Principal/Director hold a Directorship(s) or Secretarial positions with any other practice or business?
Yes No
If yes, name the practice/s or business/es:
9. Have you or any Partner/Principal/Director or staff member ever been subject to disciplinary proceedings for misconduct in a professional respect?
Yes No
If yes, supply details:
10. Breakdown of Fee Income
Please provide a breakdown of percentages of fee income by type of work.
Account Preparation & Bookkeeping    
Tax Non-Profit    
  Private Companies/Partnerships    
  Unlisted Public Companies    
  Listed Public Companies  
         
Audit Non-Profit    
  DIY Super    
  Financial Institutions    
  Private Companies/Partnerships    
  Unlisted Public Companies    
  Listed Public Companies  
         
Receiverships, Liquidations and Bankruptcies  
Management Services Business Valuations    
  M & A, Restructuring and Related Activities    
  Investment Advice/Management or Financial    
  Planning/Advice    
  Security Dealer    
  Secretarial Services  
Insurance Agencies/Advice    
Other, please specify    
  Total    
11. Do you require cover for any claims which may arise from any prior professional business practice conducted by a principal?
Yes No
If yes, please provide the following information
Name of Prior Practice Name of Principal Date of resignation from Practice
12. Claims History
Details of claims against previous practice(s) for last 5 years
Amount of Claim
13. Are you aware of any circumstances that may lead to a claim against you or your previous firm or practice?
Yes No
If yes, please provide details:
14. Please complete the table below in respect of your five (5) largest clients by fee/turnover.
Client 1
Client 2
Client 3  
Client 4  
Client 5  
15. Particulars of Principal
Name of Principal Qualifications Professional Associations
Resume/CV: If not contained on your website, please copy & paste or email a brief resume for each Principal and/or Director.
16. Details of gross income/fees or commissions:
(a). received / rendered during the last twelve months: $
(b). estimated for ensuing twelve months: $
17. Are any of your operations or clients located outside of Australia
Yes No
If the answer to the above is "Yes", please specify which countries and percentage of income deriving from each:
18. Please state the approximate percentage of Your activities (based on income) applicable to each State, Territory and Overseas.
NSW  VIC  QLD  SA  WA  TAS  NT  ACT  O/S
%  %  %  %  %  %  %  %  %
19. Have you ever had a liability insurer:
(a) Decline a proposal?
Yes No
(b) Impose special terms?
Yes No
(c) Decline to renew your insurance?
Yes No
(d) Cancel your insurance?
Yes No
If the answer to any of the above is "Yes", please provide details:
20. During past years has any claim been made, or has negligence been alleged against you or any of the present or former Principals, or have any circumstances been notified to insurers which may result in a Claims?
Yes No
21. Are there any circumstances not already notified to insurers which may give rise to a Claim against you or any prior corporate practice or any of the present or former Principals?
Yes No
22. Has any principal or staff member ever been subject to Disciplinary Proceedings for professional misconduct?
Yes No
If the answer to either of the above is "Yes", please provide details:
23. Total number of:
(a) Qualified staff-including Principals (please specify professional discipline)
(b) Other technical staff
(c) Non-technical staff (including typists, receptionists etc.)
Total of all staff
24. Are you or have you or any parent, subsidiary or other related entity either: (i) engaged in, or; (ii) have or had a controlling share of an entity engaged in;
(a) Actual construction, fabrication, erection or any form of sub contracting?
Yes No
(b) Real estate development?
Yes No
(c) The manufacture, sale or distribution of any product or process or patented production process?
Yes No
If the answer to either of the above is "Yes", please provide details:
(i) Names of the other entities involved, outlining their relationship to you:
(ii) Full details, including a description of the nature of the involvement:


Duty of Disclosure:
Are you aware of any matters not disclosed above that is relevant to the underwriter's consideration of this insurance?
Yes No
If so, please provide details:
I/We hereby declare that:
My/Our attention has been drawn to the Important Notices accompanying this form and further I/we have read these notices carefully and acknowledge my/our understanding of their content. The above statements are true, and I/we have not suppressed or mis-stated any facts and should any information given by me/us alter between the date of this form and the inception date of the insurance to which this relates I/we shall give immediate notice thereof. I/We authorise GNG and the Insurer to collect or disclose any personal information about another individual (for example, an employee, or client), I/we declare that the individual has been or will be made aware of that fact and the Privacy Policy. I/We also confirm that I/we am/are authorised to act for and on behalf of all persons who may be entitled to indemnity under any policy which may be issued pursuant to this form and I/we complete this form on their behalf.
Any other comments, requests or relevant information you need to add:
Contacting you about your quote:
In order to select the most appropriate cover for you, it may be important to discuss quote details in person. Please leave a contact phone number and best time to call to facilitate this.
Your full name:
Company/Business/Name of Applicant to be Insured: Date of Commencement
Are you registered for GST purposes?
Yes No
ABN:
Your phone number (please include area code):
Your mobile phone number:
Best time(s) to call:
Please send my quote by (select at least one):
email phone fax mail
Your email address:
Your website address:
Your fax number:
Your postal address:
Country: