LISLE, IL--(Marketwire - Feb 5, 2013) - Small accounting firms and solo practitioners are as vulnerable to security threats and unauthorized breaches of data as larger firms. Any private or confidential information that is disclosed or misused in the performance of professional services can be in violation of privacy regulation. AmerInst Professional Services, Ltd., a nationwide professional liability insurance provider, is adding a security incident and identification theft extension endorsement to its Protexure Accountants' program.
"The endorsement benefits small accounting firms by offering protection from a data breach -- at no cost," says Pat Cosulich, Chief Information Officer at AmerInst Professional Services, Ltd. "United States Fire Insurance Company, a member of the Crum & Forster group of companies and our partner carrier, reimburses the named insured for each security incident. Within the policy period, there is a maximum reimbursable amount, regardless of the number of incidents or insureds involved."
AmerInst Professional Services Ltd. draws upon the commitment and expertise of its parent, AmerInst Insurance Company, which was created by CPAs for CPAs and was a reinsurer of the AICPA plan for two decades. The professional liability insurance program is written through United States Fire Insurance Company, a member of the Crum & Forster group of companies (C&F). C&F has been in business since 1896, is well regarded for its financial strength, and is rated A (Excellent) by A. M. Best Co. For more information, visit www.protexureaccountants.com or call 888-803-9898.
AmerInst Professional Services, Ltd. does business as AmerInst Professional Insurance Services, Inc. in California, Florida, Indiana, New Jersey and Tennessee, and as AmerInst Professional Liability Services Ltd. Inc. in Alabama.