Loss Prevention
CAMICO is not your typical insurance company: We want to hear from you. Often.
An insurance policy alone can’t reduce risk for your business. That is why policyholders with Professional Liability or Employment Practices Liability Insurance have unlimited access to CAMICO’s experts. Our specialized staff are trained in CPA areas of concern so that they can answer any question – big or small – you might have about protecting your business. And we encourage and welcome the opportunity to hear from you before there’s a problem. We want to hear from our policyholders early and often. It’s one of the reasons policyholders stay with CAMICO year after year.
CAMICO’s Advice Hotlines
As a CAMICO policyholder, you’ll have direct access to professional advisors. Our in-house team of Loss Prevention Specialists (CPAs and other experts) have an average of over 25 years of experience in public and private practice. They offer advice on how to minimize liability risks and will help you stay current on accounting liability trends, changes, and risk management best practices. CAMICO does not limit the frequency or duration of policyholder consultations with specialists. In fact, we encourage policyholders to call so we can help you reduce risk exposures and grow your practice.
General Loss Prevention
Receive CPA-focused advice on a wide variety of general risk management areas including client screening, fraud, disengagement, ethics, documentation, cyber and other key practice concerns for CPAs today.
Letter Review Services
Our Loss Prevention specialists also perform engagement and disengagement letter review services. Outside review of engagement letters can cost you. Benefit from annual savings by using these services provided by CAMICO at no-cost.
Employment Practices
As a CAMICO Employment Practices Liability (EPL) policyholder, you’ll receive unlimited access to telephone and email consulting services. Our EPL Specialist will work with you to: help reduce your exposure to potential claims, provide education and assistance in creating professional work environments, review your employee handbook, and suggest policies specifically geared toward an accounting practice.
Accounting and Auditing
Our specialist can help you gain a better understanding of the risks A&A engagements pose to your firm and clients, and provide you loss prevention advice to reduce those risks. Receive guidance on a variety of accounting and auditing issues, including statements on auditing standards, statements on standards for accounting and review services, going concern issues, code of professional conduct, independence, conflicts of interest, and quality control standards.
Technical Tax
Receive personalized guidance and advice from our internal tax specialist on federal tax issues and potential problems associated with high-risk corporate, estate, and gift tax work. We will review your firm’s fully researched tax treatment of a complex transaction, discuss possible alternate treatments, and highlight other issues relative to the facts provided.
