STAMFORD, Conn.--(BUSINESS WIRE)--GenStar Insurance Services, LLC (GenStar) announced its new Accountants’ Professional Liability program. The product will be offered through Huntersure, which is part of the Starwind Group, the program administrator, headquartered in Garden City, NY. GenStar and Huntersure will provide accounting professionals with customized professional liability insurance solutions in 45 states, on an admitted basis.
The Accountants’ Professional Liability program targets accounting firms that generate $2.5 million or less in annual revenue. Specialized coverage designed for accountants is automatically included such as: Privacy & Information Security, Employee Dishonesty, Disabled Partner Replacement, Production of Documents and Trial, Hearing or Arbitration Proceedings. Protection is also offered for Administrative Proceedings. Limits are available up to $3,000,000/$3,000,000.
GenStar President and CEO Martin Hacala commented that GenStar is pleased to work with a well-established, seasoned program administrator like Huntersure. “Their many years of experience is what sets Huntersure apart from other program managers in the accountants’ professional liability space.”
“Huntersure has earned a reputation as a respected Accountants’ Professional program administrator with over 15 years of experience in accountants’ professional liability,” said Matthew Brown, Senior VP and GenStar Delegated Division Manager. “We are delighted to team up with Huntersure to distribute and deliver a customized product backed by top-rated security.”
Coverage will be written on an admitted basis by GenStar’s affiliate, General Star National Insurance Company, which is rated A++ (Superior) by A.M. Best Rating Services, Inc. and carries an AA+ Insurance Financial Strength Rating from S&P’s Global Ratings.
About GenStar:
GenStar Insurance Services, LLC. (CA Producer License # 0B14266) is a premier provider of excess, surplus, and specialty property and casualty insurance, conducting business exclusively through a select group of wholesale brokers. Like GenStar, General Star National Insurance Company is a wholly owned subsidiary of General Reinsurance Corporation, a member of the Berkshire Hathaway Family of Companies. General Star National Insurance Company is licensed in all states, the District of Columbia, and Puerto Rico. General Star National Insurance Company has its principal place of business in Stamford, Connecticut, and operates under NAIC Number 0031-11967.
This press release is intended solely for the insurance trade. It is not an advertisement or a solicitation of a product.