Travelers Insurance

2019 Webinar Series

for Accounting Professionals

A Risk Management Resource for Accounting Professionals

This program is offered as a benefit for current Travelers insureds. Participants will earn 1 Continuing Professional Education credits in the Specialized Knowledge Field of Study. Additional information on how to obtain the CPE credit and get a certificate will be provided in the presentation handout.

Understanding the Basis of Legal Liability of Accountants

and Bookkeepers

May 8, 2019, 1-2pm Eastern

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Moderator: Erin Singmaster, RPLU+, Managing Director, Travelers

Speakers: Johannes S. Kingma, Esq., Carlock, Copeland & Stair, LLP and Lisa Wall, Claim Counsel, Travelers

To minimize the risk of a claim and protect a firm’s assets and profits, it is important for accountants and bookkeepers to understand the basis of their legal liability which includes the elements required to prove professional negligence. There are also other basis for legal liability including duties under contract, fiduciary duties, and state and federal law requirements that should be understood and the use of professional liability claim statistics, claim examples, and claim trends can illustrate many of these obligations. In addition to understanding the basis of legal liability, it is important to understand the potential damages an accountant or bookkeeper can be responsible for as well as defense strategies that may be available.

Travelers provides webinars that are open to all insureds and brokers. These webinars utilize defense attorneys and industry leaders to discuss a wide range of topics, including those that are historical sources of professional liability risk, as well as emerging trends and issues.

Questions? Email Erin Singmaster at ESINGMAS@travelers.com

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