Business Details
40 Years
experience
Specialized Insurance Solutions for CPAs
CAMICO was founded in 1986 with a mission to provide specialized insurance solutions for certified public accountants (CPAs). As a company created by CPAs for CPAs, we combine deep industry expertise with proactive risk management strategies to protect accounting professionals nationwide. Our team of in-house specialists, including CPAs and insurance experts, delivers personalized guidance and resources tailored to the evolving challenges of the accounting profession.With a 94% annual policyholder retention rate and over 38 years of continuous service, we maintain a singular focus on safeguarding CPAs through innovative coverage options, comprehensive risk management tools, and exceptional client support. Our strategic partnership with Berkley Alliance Managers extends our capacity to serve firms requiring higher policy limits while maintaining our commitment to quality service.
Services
Professional Liability
Employment Practices Liability
Cyber Coverage
Workers Compensation
Business Owners Package
Details
- Year established: 1986
Highlights and features
- Created by CPAs for CPAs with 38 years of industry-specific expertise
- Proactive risk management resources including 150+ engagement letter templates
- 94% annual policyholder retention rate demonstrating client satisfaction
- Free NASBA-accredited CPE training for policyholders and staff
- Direct access to in-house CPA specialists for personalized guidance
Associations and certifications
- AM Best
What people say
Outstanding customer service
Second to none
Proactive approach
Phenomenal guidance
Expert legal counsel
Services
Professional Liability Insurance
Our professional liability insurance protects accounting firms against claims of professional negligence, errors, or omissions. This coverage includes defense costs, settlement expenses, and potential damages up to policy limits. Policyholders receive access to risk management resources, engagement letter reviews, and expert consultation services. The program features a broad definition of professional services, cyber coverage endorsements, and a 50% deductible reduction for early claim reporting.
Employment Practices Liability
This coverage safeguards CPA firms against employment-related claims including discrimination, wrongful termination, and harassment allegations. The policy provides defense costs, settlement coverage, and HR consulting services. Features include third-party claim protection, independent contractor coverage, and a 50% deductible reduction for early reporting. Policyholders also access HR tools like employee handbooks and compliance training resources.
Cyber Coverage
Our CyberCPA coverage protects against digital risks including data breaches, ransomware attacks, and cyber extortion. The policy includes breach response services, network asset protection, and cyber terrorism coverage. Policyholders receive access to IT forensic experts, media relations support, and credit monitoring services. Additional features include a dedicated cyber risk management website and breach notification assistance coordinated by cyber claims professionals.
Workers Compensation
This insurance protects CPA firms against work-related injury or illness claims. Coverage includes medical expenses, wage replacement, and legal defense costs. Features include multi-state coverage, pay-as-you-go billing options, and broad form endorsements. The program provides reimbursement for defense expenses and coverage for voluntary compensation payments beyond statutory requirements.
Business Owners Package
Our BOP combines property and liability coverage for CPA firms, protecting against physical damage, business interruption, and third-party claims. The policy covers building contents, equipment breakdowns, and liability for premises operations. Additional coverage options include employee dishonesty protection, business interruption insurance, and valuable papers coverage up to policy limits.
People
Mike Ray
President & CEO
Brings 30+ years of Big Four accounting and insurance industry experience. Previously served as CAMICO's CFO before becoming CEO. Focuses on strategic leadership and industry-specific risk management solutions.
Julie Schilling
Chief Financial Officer
CPA with 25+ years of financial leadership in insurance, non-profit, life sciences, and education sectors. Oversees CAMICO's financial operations and strategic fiscal planning.
Suzanne M. Holl
Executive Vice President
Former Big Four accountant providing loss prevention expertise. Leads marketing initiatives and delivers accounting risk management guidance to policyholders nationwide.
Gary M. Florian
Senior Vice President
30+ year insurance veteran specializing in underwriting and business development. Manages policy services and sales operations for CAMICO's professional liability programs.
Shannon Comer
Vice President of Claims
Claims management expert with 25+ years of insurance experience. Oversees CAMICO's claims operations and ensures timely resolution of policyholder matters.
Questions
What makes CAMICO different from other CPA insurance providers?
CAMICO was created by CPAs specifically for accounting professionals, offering industry-specific risk management resources, in-house CPA specialists, and a proactive approach to claims prevention.
How does CAMICO handle potential claims?
We encourage early reporting of potential claims and provide proactive defense strategies, including dedicated claims specialists and expense coverage before formal claims are made.
What risk management resources are included with policies?
Policyholders receive free CPE training, engagement letter reviews, HR tools, and 24/7 access to loss prevention specialists for accounting, tax, and employment practices guidance.
Can I get coverage for cyber risks?
Yes, our CyberCPA coverage includes breach response services, network protection, and cyber extortion coverage coordinated by specialized claims professionals.
How does CAMICO support firms during claim situations?
We provide direct access to experienced claims specialists, legal counsel coordination, and expense coverage for potential claims through our proactive defense approach.
What happens if I need to report a claim?
Contact us directly at 800.652.1772 or submit a Claims Intake Form online - we'll assign a specialist to assist within 1-2 business days.
Videos
