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Professional Indemnity Insurance


Lockton is a leading independent international provider of Insurance, Employee Benefits and Risk Management Services. As a Chartered Broker, professionalism is at the core of everything Lockton does.

The Bristol office is a UK centre of excellence for Professional Indemnity, placing some £12m+ of premium into the UK market. Lockton acts for over 3,500 accountants plus many other professions and is the recommended broker for a number of professional bodies. This success in securing significant market share and becoming a dominant broker for the accountants’ profession has enabled Lockton to use their market leverage with composite insurers and Lloyds of London to deliver   best pricing and coverage. This coupled with a culture of service excellence stemming from the Partner-led approach and the privately owned funding ensures that Lockton can offer a service underpinned by dedicated account management and a high degree of technical expertise.

The SWAT UK Professional Indemnity Insurance scheme

Firms who sign up to SWAT UK Full Membership or SWAT UK Bespoke Membership (with a minimum of 2 compliance days per annum) are entitled to a PI Insurance quotation through our exclusive scheme and could benefit from savings on their PI premiums. Non-audit firms with a history of compliance reviews from SWAT UK are entitled to a PI quotation with a minimum of just one compliance day per annum.

Click here to download a proposal form 

Click here to download a tax questionnaire.

The scheme benefits include:

• An enhanced programme of protection and efficiencies with Institute compliant wording, including loss of documents, accountancy fees, fidelity, disciplinary hearing cover, compensation for court attendance and more

• Interest free instalments

• A simplified renewal process

Collective placement strength, economies of scale and Lockton’s presence in the market ensures that the entire portfolio of risks is evaluated as one.  This delivers protection and comfort to members of all sizes and profile

• Financial support to SWAT UK. As a long term partner of SWAT UK, Lockton understands the challenges and peculiarities of the accountancy sector and are committed to working with SWAT UK so that collectively we can improve professional standards
Lockton benefits from an in-house underwriting agency which delivers greater control and improved efficiencies for the benefit of members.  Lockton’s managing General Agent, Mapledown Underwriting, boasts a team of onsite technical and senior underwriters who specialise in accountancy. They fully understand the benefits SWAT UK membership brings to a firm, which is reflected in their quotations.

Lockton only access Secure A Rated insurance companies and Mapledown only take capacity from established A Rated PI Carriers ensuring that we act diligently to protect the interest of our clients.

Should you wish to receive a quotation, please complete a copy of the proposal form and tax questionnaire and email it directly to Lockton at swat@uk.lockton.com. Alternatively, please contact a member of their team on 0117 906 5000, remembering to quote SWAT UK. 

Click here to read Lockton's latest Insurance Act Briefing Note.