Institute of Financial Accountants and International Association of Bookkeepers Professional Indemnity Insurance
IFA/IAB Insurance has been arranged and set up specifically for the members of the Institute of Financial Accountants and the International Association of Bookkeepers. Working with the Institutes we have negotiated terms on your behalf, which we feel would not be available on an individual basis. Add to this our unique, streamlined purchasing facility and we have made the buying of insurance as cost effective, simple and easy as possible.
We have taken our time to launch this scheme, ensuring the premiums charged and the cover given are right for your needs. This has now been achieved and using our unique on-line facility, consultants can now purchase cover, from start to finish, within 5 minutes.
We use single source underwriting for each specific section. That is to say we do not obtain quotes on each individual enquiry, but have in place pre-arranged premiums and cover with one insurer. We then continue to monitor the competitiveness of our underwriter during the year and any adjustments, or change of underwriter will occur at the end of our scheme policy period.
However, the underwriters we do use have been with us for a number of years, therefore ensuring premium stability.
The scheme is available in two formats, both of which provide the widest cover available for the most competitive premiums.
IFA/IAB Insurance is always being updated, so if you have any suggestions
or comments regarding the scheme, please let us know and we will endeavour to meet your demands.