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Insurance solution for CPA Australia members

Comprehensive insurance designed specifically for CPA Australia public practitioners.

Not a CPA Australia member? Visit our Accountants insurance page

What does the insurance solution for CPA Australia members cover?

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Safeguard your reputation and business

Help protect your business against financial loss when things go wrong, with professional indemnity that includes a public liability option.

Up to $10m liability limit

Provides cover for any one claim and in the aggregate for a selected liability limit option (up to $10m). The liability limit is the maximum amount that can be received for a successful claim.

Public liability option

You have the option to expand your scope of cover – by adding the public liability insurance with a limit of liability of either $10 million or $20 million.

Breach of professional duty

Helps protect you and your business against allegations that you failed to carry out your professional duties – such as incorrect tax advice, resulting in additional expenses incurred.


Helps protect you and your business’ reputation against allegations of defamation – and the costs or legal fees incurred.

IP infringement

This policy provides cover for intellectual property (IP) infringement, in the event you unintentionally breach trademark, design, patent or copyright in your work for clients.

Financial planning activities

If you’re undertaking limited financial planning activities, you can apply to have these services endorsed onto your policy.

Run-off cover

If you’re thinking about moving on from your business, you might want to see if you’re eligible for run-off cover, which can help safeguard you from claims made against you after you stop working.

Cyber protection for peace of mind

Protect your business from cyber breaches – includes recovering and restoring IT systems, crisis management and more.

Response team support

Access a cyber-incident response team comprised of industry specialists. Covers PR costs of reducing reputational damage, forensic services following a data breach, breach response advisors and associated notification costs.

Data liability

Covers you for loss of customer or employee information due to a cyber breach.

Fines and investigations

Covers the costs and expenses of regulator investigations and fines following a data security breach.

Electronic data

Covers the cost of recovering or recreating data that has been lost or compromised due to a leak or breach.

Digital media liability

Covers the damages and defence costs incurred in connection with an unintentional breach or negligence of a third party's intellectual property rights or electronic content.

Extortion option

Covers ransom payments to third parties in order to stop a threat of extortion, when they are forced to pay a ransom to prevent harm or damage.

Network interruption option

Covers financial loss that a customer may experience when their network is disrupted after a cyber breach, compensating for loss of profit to their business operations.

Outsource service provider failure

Covers the costs that your business might incur if an outsourced service provider fails to deliver an expected service, or causes any losses.

General exclusions

These are some examples of the general exclusions in professional indemnity and public liability insurance. Speak to your broker to find out more.

Listed companies

Any audits you perform for publicly listed companies or financial institutions are excluded from being covered under this policy. Speak to a Marsh broker if this coverage is required.

Non-licensed advice

The policy does not cover any advice that you are not licensed to provide under your AFSL as an accountant.

Existing circumstances

This professional indemnity policy does not cover claims or circumstances that have existed – and that you are aware of or know about – before your policy start date.

Contractual obligations

This policy does not cover costs or expenses that arise due to your contractual obligations that you and a third party had previously agreed to.


Professional indemnity insurance may not cover loss, costs or claims that arise out of – or are connected with – your business’s bankruptcy, insolvency or liquidation.

General exclusions

These are some examples of the general exclusions in cyber insurance. Speak to your broker to find out more.

Existing or known issues

You won’t be covered if you know about, and haven’t fixed, an existing problem or weakness in your systems or network that causes a cyber incident.

Intentional acts

You’re not covered for intentional or fraudulent activities committed by you or your employees.

War or terrorism

You’re not covered for damage or loss caused by acts of war or terrorism.

Injury to people or property

You’re not covered for physical damage to property or people resulting from a cyber incident – this typically comes under public liability cover.

Intellectual property

You’re not covered for intellectual property disputes where there has been an intentional copyright or trademark infringement.

Contractual breaches

Losses resulting from a breach of contract or failure to meet contractual obligations may not be covered.

Non-cyber loss

You’re not covered for non-cyber related claims and incidents such as natural disasters or employee negligence.

Key insurance solution highlights

3 types of cover in 1 package

Designed specifically for CPA Australia public practitioners, you can purchase professional indemnity and public liability insurance, as well as cyber cover to help you manage the fallout from a cyber attack.  

Competitive offer

This insurance policy is competitive in the market with broader run-off cover definitions, and $500,000 sub limits for fidelity incidents, as well as fines and penalties. We also ensure that you won’t be disadvantaged if you’re switching your professional indemnity policy to Marsh’s CPA Australia insurance solution, from a competitor.

Premium cyber cover

With cyber insurance, you’ll get 24/7 access to an incident response service for assistance in the case of an actual or suspected cyber attack and financial reimbursement of costs incurred as a result. 

Flexible payment options

Pay your annual premium in one lump sum or in monthly instalments through premium funding*– it’s all up to you. Just make sure you specify your choice at time of purchase. 


* Premium funding is subject to premium funder’s terms and conditions.

Need to make a claim?

Sometimes errors can occur and we are here to help, please download our information sheet. Depending on when the error occurred and the policy you need to make a claim under, there are different procedures to follow.

As soon as you become aware of a claim or a circumstance which may result in a claim, please email our Marsh office at or
call 1300 446 960. One of our Marsh consultants will walk you through the claims process and explain next steps to help put your mind at ease.

There is a First Response Service. As soon as you are aware of an incident, please call AIG’s call centre on 1800 290 982 or 1800 316 349 who will arrange for an AIG First Response Advisor to call you back within 1 hour.

Why Marsh?

Why should you choose Marsh to arrange your insurance solutions?

Trusted by 130 associations

We are proud to be the endorsed insurance broker for more than 130 Australian industry groups and member associations, developing insurance solutions that help meet the risk and insurance needs of businesses across a variety of industries.

Local expertise

Our Australia-wide network of brokers have spent years at the coalface supporting business owners to manage their unique risks in a fast-changing market. They keep ahead of the latest market insights and break down the jargon into your language.

A world leading broker

As a world leading insurance broker, we’ll negotiate competitive coverage on your behalf. When you choose Marsh, you’re choosing comprehensive coverage, backed by extensive industry expertise. We’ll process your claims with insurers – so you can stay committed to your business.

Designed for CPA Australia public practitioners

We’ve worked with CPA Australia to offer a comprehensive insurance solution that’s tailored to benefit CPAs. It is intended to comply with CPA Australia by laws, plus the additional cyber cover, which can be vital to running a business today.

Dedicated service team

From finding the right insurance to suit your business to advocating for you and guiding you through the claims process, as a CPA Australia public practitioner you will have access to a dedicated team of Marsh insurance specialists to support you.

Comprehensive solutions

You’re not just getting access to a competitively priced package for CPA Australia public practitioners – our broking team can help you find other solutions to meet your needs. From insurance for your business vehicle, physical assets, management liability and cyber protection, we’ve got you covered. 

Related insurance solutions

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Business asset insurance

Your assets face the same risks as your premises: theft, damage and more. Keep your inventory covered with insurance arranged by Marsh.

Management liability cover

Help protect your business – and your team – against management and operational risks with management liability cover.

Bookkeeping insurance

When incidents occur, help keep your financial firm running smoothly. Let us arrange a comprehensive insurance solution for you.

Accountancy insurance

You can count on Marsh to arrange insurance solutions to help protect you and your firm with comprehensive cover.

Frequently asked questions

Your premium (or cost you pay for your insurance) is based on various factors, depending on the insurance provider, the market conditions and economic environment, as well as your specific circumstances.

Some factors that influence premiums, which you should consider when purchasing a policy include:

  • Your coverage limits – the higher the coverage, the more you will pay. Keep this in mind if you need a certain level of cover, but an insurer is offering a lower premium.
  • Your claims history – how many claims have you made in the past?
  • Your professional experience – the number of years you’ve been practising. Your years of experience and track record will affect your premium.
  • The size of your business – larger businesses naturally face higher risk.
  • The nature of your business – the breadth and type of services you offer can influence your premium. For example, company auditing carries higher risks and in some cases it is excluded as cover for larger organisations and publicly listed companies.
  • Your location: Where you work from and what external risks and regulations you’re exposed to.

As a CPA you are required to hold a minimum level of professional indemnity insurance to meet the requirements of your membership with CPA Australia.

Please see the CPA Australia website for the most up-to-date information about minimum coverage limits, approved insurers and disclosure requirements.

Marsh Australia has worked with CPA Australia to ensure the insurance solution we offer you is compliant, competitive and comprehensive for CPA Australia public practitioners.

As an accountant you handle sensitive financial information and personal data for your clients, making you a prime target for cyber attacks.

Cyber insurance can help protect you from financial loss and liabilities resulting from data breaches, cyber attacks, and other cyber incidents.

Not only can cyber insurance give your clients more confidence in your business, but it will also provide you with access to a 24/7 incident response team and cyber security expertise who will work with you in the event of an incident, removing the need for you to establish separate contracts with other providers. You can even access ransom negotiators.

Getting to a point in your career where you are considering moving on from your business, will impact your decisions around your professional indemnity insurance. To ensure you remain compliant with the CPA by laws, you will need to maintain your insurance, even if you are seeing significantly less clients.

There are cost effective options that may be available to you and it is important you know and understand them. Please email to outline your situation.

It is important to ensure that you disclose all your business activities that you require coverage for.

If some of your activities are deemed high risk, you might be required to provide additional information. If you’re not sure, talk to one of our specialists who can help you work out the right cover for all your business needs.

You can call our office and discuss your insurance requirements with one of our specialists by calling 1300 446 960. You will still be required to provide some basic information, but will email the form to you.

Accountants may face various cyber risks, including data breaches, unauthorised access to client information, ransomware attacks, phishing scams, social engineering and business email compromise.

No. Generally speaking, your professional indemnity and business insurance policies will not cover cyber-related incidents.

If you’re not sure about your existing policies, and you need or want cyber insurance for your practice, speak with an expert broker who can advise you on the right policy to protect your business.

Yes. Cyber insurance may provide cover for regulatory fines and penalties resulting from a cyber incident. 

Yes. Cyber insurance may provide cover for public relations support to help you manage reputational damage resulting from a cyber incident including communication strategies, crisis management and public relations services.

The retroactive date in professional indemnity is the date from which the insurance policy kicks in or starts.

Your insurance policy will cover claims that arise from professional services provided on or after the retroactive date, even if the claim is made after the policy commenced.

It’s an important feature of professional indemnity insurance, as it ensures that you can be protected against claims that may arise from past work, by providing you with coverage for potential liabilities that may arise from errors or omissions made in the past.

LCPA 24/094

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983)(“Marsh”) arrange the insurance and is not the insurer.

Product Issuer: AIG Australia Limited (ABN 93 004 727 753, AFSL 381686)(“AIG”).

This publication contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. Any advice is general in nature only. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. The cover provided is subject to the relevant policy terms, conditions and exclusions.

Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors.

This is a bespoke insurance solution for eligible and active CPA Australia public practitioners only. Marsh receives a commission from AIG for each policy of insurance placed for CPA Members under this solution.