CAMICO Mutual Insurance Company
CAMICO Mutual Insurance Company was founded in 1986 by CPA firms in California, in response to a professional liability insurance crisis. Created by CPAs to protect CPAs, CAMICO is the nation's largest CPA-owned mutual insurance company and provider of professional liability, employment practices liability insurance and risk management services. The company is dedicated to assuring members coverage at stable rates. As part of the mutual philosophy, any profits realized at the end of the year, after payment of claims and operating costs, are returned to policyholders in the form of dividends.
CAMICO's 24 years of operation are marked by steady growth and progress. Establishing financial stability has been a top priority for CAMICO since inception. The company has total assets of $153.7 million (12/31/09) and services over 7,600 CPA firms nationwide. Policyholders also have direct access to a team of claims and loss prevention specialists, most of whom are CPAs. To learn more visit www.camico.com.
CAMICO and California Society of CPAs Share a Strong Relationship
The California Society of CPAs was instrumental in the formation of CAMICO Mutual Insurance Company. In 1986, an insurance crisis left CalCPA members either with premiums spiraling out of control or without professional liability insurance. The Society recommended the creation of a mutual insurance company dedicated to the CPA profession. For over two decades, CAMICO Mutual Insurance Company has been the endorsed provider of professional liability insurance for CalCPA members. CAMICO's extensive practice and risk management services not only provide valuable support to policyholders but also benefit all members of the CalCPA who are not policyholders.
CAMICO Insurance Services - CalCPA's Preferred Agency for Its Members
CalCPA and CAMICO have shared a strong and trusted partnership for several years. So when it came time to choose an agency that would recommend a full range of CPA business insurance products for its members, CalCPA selected CAMICO Insurance Services because of the following key factors.
- The Society's primary goal was to select an agency that would best suit and serve the needs of its members. It chose CAMICO because of the company's exclusive focus and commitment to the CPA profession.
- CAMICO has been serving the needs of CPAs in California for over 24 years. We have the proven knowledge and expertise to successfully take care of the insurance needs of CalCPA members.
- CAMICO's depth of service to CPA firms of all sizes and scopes of practice convinced the Society that we are a company dedicated to the success of CPAs.
- CAMICO shares CalCPA's commitment to provide members with a superior quality insurance program.
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