CAMICO Mutual Insurance Co.y, a CPA-owned professional liability insurer, and Liberty International Underwriters (LIU), a division of Liberty Mutual Group, have forged a new program for CPA firms nationally.
The new program is designed to expand CAMICO’s capacity for coverage and risk management services, especially to larger CPA firms. It will focus primarily on policies with limits of $3 million and higher and will be underwritten by LIU using Liberty Mutual Group companies.
The new program’s policy wordings will match existing CAMICO policy forms, and firms will have direct access to CAMICO’s advisory, loss prevention, and claims services and resources.
The CAMICO-LIU program will be administered through CAMICO’s wholly owned subsidiary, CAMICO Insurance Services (CIS).
Insurance Co. is sponsored by state CPA societies and associations in Arizona, California, Colorado, Indiana, Kentucky, Mississippi, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Tennessee, Utah, Virginia and Washington. The Redwood City, Calif.-based company serves more than 7,500 accounting firms and 64,000 staff members in 45 states and the District of Columbia.
Underwriters (www.liu-usa.com), a division of Liberty Mutual Group, provides specialty commercial lines of insurance worldwide.
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