PI cover

PI cover

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Anybody out there has PI covering company valuations? This is in connection with potential investors in a going concern. If so, can you recommend an insurer who underwrites.

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By johngroganjga
28th Jul 2015 21:42

You mean you are a practising accountant with PI cover which doesn't cover carrying out share valuations? Are you sure it doesn't?

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Replying to djn24:
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By qhas
28th Jul 2015 21:54

PI Cover

johngroganjga wrote:
You mean you are a practising accountant with PI cover which doesn't cover carrying out share valuations? Are you sure it doesn't?
Correct. And they are a reasonably big player in the market. Does yours ? And if so can you advise?
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By johngroganjga
29th Jul 2015 08:15

Yes my cover does not exclude share valuations, which is a good job as that is a large part of what I do.

I am baffled. I have never heard of such a thing. Is there any other aspect of general accountancy practice that your cover specifically excludes? 

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By qhas
29th Jul 2015 23:08

Oddly enough no
To be fair to them when I first took out the cover I did not list it as a requirement as I did not have much call for it . Things have changed since. Nevertheless I was surprised to find that they did not offer that facility. Thanks for that John. I shall shop around now.

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