Forrest T. Jones & Company Launches National Professional Liability Insurance Program
Kansas City, MO – Forrest T. Jones & Company (FTJ) announced today that it has completed an agreement with Liberty International Underwriters (LIU) to serve as the Program Administrator for LIU’s national accountants’ professional liability insurance program for accounts with annual revenues up to $5 million.
FTJ will market, underwrite and administer the program under its ProDefenderTM product line, issued by Liberty Insurance Underwriters Inc. The program will be offered to eligible accounts on an admitted basis in all states and the District of Columbia, except Alaska and Vermont.
ProDefender’s comprehensive coverage can be tailored to meet the needs of CPA firms performing a wide range of accounting services.
FTJ will continue to serve the professional liability needs of larger CPA firms, whose revenues exceed $5 million per year, on an open brokerage basis.
Forrest T. Jones & Company is an insurance broker and administrator formed in 1953 to provide insurance products and other financial services to members of associations and other affinity groups.
Based in Kansas City, MO, the firm’s staff of 250 insurance professionals provides comprehensive insurance programs and full-service administration for more than 80 national associations and hundreds of employer groups, and the agency works with the nation’s leading insurance carriers. FTJ has been active in the professional liability insurance market for more than 40 years.
Liberty International Underwriters (LIU) is part of the global specialty lines division of Boston-based Liberty Mutual Insurance, the third largest property and casualty insurer in the U.S. based on 2014 direct premium written as reported by the National Association of Insurance Commissioners.
Liberty Mutual is ranked 78th on the Fortune 100 list of largest corporations in the U.S. based on 2014 revenue. As of December 31, 2014, the company has $124.3 billion in consolidated assets, $104.0 billion in consolidated liabilities, and $39.6 billion in annual consolidated revenue.
LIU was formed in 1999 as a global specialty lines business with an emphasis on niche insurance products distributed through an independent broker network.
For more information, contact: Joseph Barnard, CPA, Program Director W- (214) 593-9152 / C – (469) 616-7905 [email protected]
3130 Broadway I Kansas City, MO 64111-2406 I 816.756.1060 I 800.821.7303 I FAX 816.968.0577 I www.ftj.com
In Arizona: Forrest T. Jones Consulting Company