Tailored Protection for the Public Sector Finance Community
Trusted Insurance for CIPFA Accountants and Advisors
Preferred Insurance Broker for CIPFA Professionals
Trafalgar Risk Management Ltd – Specialist Brokers for the Public Finance Sector
As a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), your work supports the integrity, accountability, and efficiency of public sector finance. You operate in a highly scrutinised environment—where reputational and financial risks can have far-reaching consequences.
At Trafalgar Risk Management Ltd, we understand the pressures and responsibilities you face. That’s why we specialise in bespoke insurance solutions for public finance professionals, combining industry expertise with responsive, personal service you can depend on.
Why CIMA Members Choose Us
Specialist Knowledge of Public Sector Risk
We understand the difficulty surrounding the regulatory environment, risk exposures, and governance challenges faced by CIPFA members in both local authorities and public sector consultancies, and therefore offer a policy which ticks all the boxes required.
Regulatory Insight and Risk Management Support
Our team stay up to date with the evolving rules and expectations. We don’t just provide cover—we offer proactive risk management solutions via our monthly blog posts, helping you reduce your exposure and make confident decisions in high-stakes environments.
Personal Service from Sector Specialists
With Trafalgar, you’ll have a customer service team who works closely with you to secure the best cover at the most competitive rate.
Preferred by Accounting Professionals
We have a long track record of supporting members of the UK's leading accountancy bodies—including CIPFA, AAT, AIA, and CIMA. Our reputation is built on trust, transparency, and consistently delivering value.
Tailored Professional Indemnity Insurance (PII)
CIPFA members often wear multiple hats—as advisors, consultants, or internal finance leaders. We provide bespoke PII policies that reflect your exact professional activities, helping you avoid gaps in cover and ensuring full regulatory compliance. We provide this by allowing our clients the ability to build their policies, only choosing what is required specifically to you:
The Institute’s recommendation is that the minimum limit of indemnity should be £1 million for any one claim and in total.
This means that the insurance must pay a maximum of at least £l million for a single claim or a number of claims totalling £l million.
However, if gross fee income is less than £400,000, a lower minimum limit of indemnity for any one claim and in total may be appropriate. The recommended minimum is a sum equal to two and a half times gross fee income, with a minimum of:
• £50,000 for a sole practitioner;
• in any other case £100,000.
*As taken from the CIPFA 'Professional Indemnity Guide' available on their website: https://www.cipfa.org/members/members-in-practice/professional-indemnity-insurance (01/06/2025)
Get A Quote
Our aim is to make the buying or renewing of your insurances as streamlined as possible.
