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Accountants Professional Liability Program

Risk management services, competitive installment plans and flexible down payment options through an admitted carrier

Our exclusive Accountants Professional Liability program is available to CPAs, bookkeepers and tax preparation firms nationwide, except VT. The Liability limit is available up to $5M with risk management services available, competitive installment plans, and flexible down payment options. We deliver access to a quality Accountants Professional Liability Insurance Program through Aspen American Insurance Company.

Program Highlights

  • Reduced deductible if engagement letter used for services other than audit or attestation services
  • Reduced deductible when claim resolved within one year of report
  • Supplemental coverages for Privacy Breach and Remediation, Non-Profit Directors and Officers and Employment Practices Defense
  • Risk Management Services
    • 800 Hotline for pre-claims assistance
    • Access to HR / Advantage Advisory
    • Engagement letter review by a law firm with expertise in insurance for accountants
  • Minimum premium: Professional Liability – $315

States

  • Nationwide, excluding VT

Target Classes

  • CPAs
  • Enrolled agents
  • General accounting practices
  • Tax preparation firms
  • Bookkeepers
  • Part-time practices

Coverage

  • Professional Liability: limits up to $5,000,000
  • Defense Outside of the Limits and First Dollar Coverage available
  • Subpoena Assistance Coverage
  • Worldwide Coverage
  • Innocent Insured Protection

Submission Requirements

  • Supplemental Application
  • Acceptance of competitor’s application
  • 5 Years of currently valued Loss Runs

Contacts:

Sue Harker
Program Manager
P: 630-208-4939
E: sue.harker@ryansg.com
Send submissions to programs@ryansg.com

Or contact your local RT broker or underwriter at rtspecialty.com

Resources:

The description of this program is only a summary of available coverages. Actual policy language will dictate the scope of coverage in the event of a claim. Agents should read the full policy form and any applicable endorsements for full terms and conditions and should encourage their policyholders to do the same. RSG National Specialty Programs is a unit of the RSG Underwriting Managers division of RSG Specialty, LLC, a Delaware limited liability company based in Illinois. RSG Specialty, LLC, is a subsidiary of Ryan Specialty Group, LLC (RSG). Thirty-year industry veteran Chris McGovern manages all 25+ RSG National Specialty Programs. RSG National Specialty Programs works directly with brokers, agents and insurance carriers, and as such does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: RSG Specialty Insurance Services, LLC (License #0G97516). ©2021 Ryan Specialty Group, LLC

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