AICPA Professional Liability AND EPLI for Accountants

Overview of the Program From Chittenden Insurance Group

Chittenden Insurance Group offers a focused program for accounting professionals: AICPA Professional Liability plus Employment Practices Liability Insurance (EPLI). Endorsed by the AICPA and backed by Continental Casualty Company, this solution provides tailored professional liability protection and employment-practices defense for CPAs and accounting firms in Maine, New Hampshire, and Vermont.

This program is designed to address the typical exposures faced by accounting firms. It includes full-career coverage for qualified firms and extends protections to all staff members, including per diem and part-time personnel. Whether you’re placing a sole practitioner or a growing multi-staff office, the program pairs substantive coverage with risk-management resources to help reduce claims frequency and cost.

Ideal Accounts and Appetite

This program works well for agents placing the following types of accounts:

• Small to mid-sized CPA firms
• Solo practitioners and sole-proprietor CPAs
• Firms that employ per diem or part-time professionals
• Accounting professionals seeking an AICPA-endorsed program with EPLI included

Example placements: you might have a boutique tax and advisory practice in Vermont seeking full-career professional liability and EPLI, or a two-partner Maine firm that wants coverage for its per diem staff and regulatory inquiry protection.

Coverage Highlights and Advantages

• Full-career coverage available for qualified accounting firms
• Policy covers all firm staff, including per diem and part-time workers
• Defendant’s reimbursement coverage up to $50 per hour
• Regulatory inquiry and investigation coverage up to $10,000
• No claim settled without the insured’s written consent
• Premium financing options to improve affordability
• AICPA endorsement — a mark of industry recognition and trust

Risk Management Services

• 24/7 toll-free risk-management hotline for policyholders
• Online policyholder resources and guidance materials
• Complimentary newsletters and practice updates
• Opportunities for premium credits and state CE credits through attendance at local seminars or completion of approved self-study courses

The program is overseen by an AICPA committee of practicing CPAs who help ensure coverages and risk management services remain aligned with real-world practice risks.

Underwriting Notes and Minimum Premiums

Chittenden underwrites each submission on its merits. Underwriters consider firm size, services offered (tax, audit, bookkeeping, advisory), claims history, controls and engagement practices. Exact minimum premiums are not published; agents should submit detailed firm information to receive accurate indications. Premium financing is available to eligible firms to ease payment terms.

Territories and Availability

This AICPA-endorsed professional liability + EPLI program is currently available in:

• Maine (ME)
• New Hampshire (NH)
• Vermont (VT)

Contact Chittenden Insurance Group for updates on territorial expansion or changes to state availability.

Why Work With Chittenden Insurance Group on This Business

Chittenden Insurance Group specializes in placing professional liability for accounting professionals in northern New England. Their exclusive access to an AICPA-endorsed program with capacity from Continental Casualty Company gives your clients strong coverage options and responsive claims handling. Agents benefit from underwriting expertise focused on accounting firms, practical risk-management tools, and program features built for the unique exposures of CPA practices.

If you place professional liability and EPLI for accountants in ME, NH, or VT, Chittenden’s program is a practical market to consider for both small firms and solo practitioners.

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.