
Australia · Insurance startup
AuditCover is a Sydney-based insurtech company that specializes in fully digitized tax audit insurance.
Funding reportedLast round: Seed
AuditCover is a Sydney-based insurtech company that specializes in fully digitized tax audit insurance.
Founded in 2020, the company protects individuals and businesses from professional fees incurred during audits by statutory authorities, such as the Australian Tax Office. As an insurance underwriting agency, AuditCover operates under Australian Financial Services licence 535509 and issues policies on behalf of HDI Global Specialty SE. The core offering of AuditCover is tax audit insurance, which covers professional fees arising from audits or investigations. The platform automates the entire insurance lifecycle, including quoting, binding, renewing, and claims, all through a seamless online facility. Policies are designed to cover taxpayers directly, reducing administrative work for accountants, and can be customized based on risk data for fairer pricing. AuditCover serves a diverse clientele, including individuals, businesses, accounting firms, and self-managed super funds, positioning itself as a B2B2C solution that helps accountants protect their clients and their own business assets from audit-related costs.
Funding, as reported
What they build
Known for
renewals automationtax audit insurancetax audit risk management toolspolicy customizationdigital insurance solutionsinsurance for small businesstax audit risk managementsecure platformindustry-backedautomated onboardingdigital insurtechclaims processingtax audit insurance for accountantsclient communication automationtax compliancepractice growth tools
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