NAPLIANorth American Professional Liability Insurance Agency
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EXHIBIT 1 Claims Data by Frequency, 2010-2014 Tax Claims 55% Compilialiation and Review 13% Consulting 11% Audit 10% Fiduciary 5% Other 6% Source: North American Professional Liability Insurance Agency (NAPLIA) Note: Table made from pie chart.
Raspante ( is director of risk management for the North American Professional Liability Insurance Agency (NAPLIA) in Framingham, Mass.
NAPLIA is a program administrators of professional liability insurance for accountants, bookkeepers, and investment advisors.
McGowan brokers will now have access to all of the product offerings formerly administered by NAPLIA.
Each section features short industry articles that contain links to related internal NAPLIA resources and external websites, as well as longer white papers that users can download as PDFs.
The NAPLIA website offers several articles and white papers on avoiding malpractice claims and developing client record retention policies, as well as on other risk management considerations.
NAPLIA recommends providing clients with receipts for their original documents and offers accountants a sample outline of a file retention policy.
One of the most interesting resources on the NAPLIA website is a collection of engagement letters covering a variety of accounting practice areas.