Boston, MA and Dallas, TX (PRWEB) July 14, 2005 -
Â Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and ProTexn, Inc. announce that CPAEssentialSM, an accountantsÂ professional liability policy designed specifically for CPAs and CPA firms, is now available in 34 states plus the District of Columbia.
ÂIn the wake of Enron and Sarbanes-Oxley, todayÂs accountants are being held to the highest standards ever,Â said LIU Senior Vice President, Bruce Eisler. ÂCPAs can do all the right things and still be hit with costly lawsuits. LIU gives accountants insurance peace of mind so they can focus on growing their practices.Â
All CPA firms should secure quality insurance protection against malpractice claims. However, the coverage provided by CPAEssential professional liability insurance, is especially important for sole proprietors and small CPA practices that donÂt have the deep pockets of larger firms. CPAEssentialSM available at this http://www.cpaessential.com [professional liability insurance company is geared especially for companies employing up to 75 accounting professionals.
ÂOur CPA-led underwriting staff understands the risks that todayÂs accountants are facing,Â said ProTexn President, Joseph Barnard. ÂTheir expertise combined with LIUÂs primary limits of liability up to $10 million and excess coverage market, helps accountants, CPAs get the coverage they need to stay in business.Â
LIU and ProTexn are working to make CPAEssentialSM available countrywide and approvals are pending in several other states. Agents interested in becoming appointed by LIU to offer CPAEssentialSM to accounting firms should contact Mr. Barnard at 1-800-441-9196 or firstname.lastname@example.org. Product information, application forms, and downloadable fact sheet
is available at their web site http://www.cpaessential.com
About Liberty International Underwriters
Established in 1999, LIU (http://www.libertyiu.com) provides a diverse range of specialty products distributed exclusively through the independent broker network. LIUÂs staff of over 600 professionals offers core products in many classes of business including: marine, energy, engineering, casualty, professional liability and directors & officers insurance from its offices in North America, Europe and Asia Pacific.
About Liberty Mutual Group
Boston-based Liberty Mutual Group (LMG) is a leading global insurer and sixth largest property and casualty insurer in the U.S. whose largest line of business is personal auto based on 2003 direct written premium. As of December 31, 2004, LMG had $72.4 billion in consolidated assets and $19.6 billion in annual consolidated revenue. The Company ranks 111th on the Fortune 500 list of largest corporations in the United States for 2004.
ProTexn, Inc. (http://www.protexn.com)
ProTexn, Inc. is a Dallas-based insurance agency specializing in liability insurance programs for accountants and other professionals with 20+ years experience in writing professional liability business for national and small public accounting firms.. Founded in 1979, ProTexn conducts business on a national scale and is the appointed program manager for Liberty International Underwriters.