McGowan Purchases Assets of North American Professional Liability Insurance Agency, LLC (“NAPLIA”)

Naplia acquisition

The McGowan Companies (“McGowan”) has purchased the assets of North American Professional Liability Insurance Agency, LLC (“NAPLIA”), effective 4/1/2017. In the near future, NAPLIA will be re-branded under the McGowan Program Administrators brand (and will function as a division of McGowan & Company, Inc.).

Established in 1999, NAPLIA is one of the pre-eminent Program Administrators of Professional Liability insurance for accountants, bookkeepers, and investment advisors. “NAPLIA fits exceptionally-well with McGowan’s growth strategy in the Professional Liability space, particularly with regards to its expertise in Accountants E&O,” said Thomas B. McGowan, IV, CEO of The McGowan Companies. “It’s great to have these well-respected insurance veterans become part of the McGowan team.”

Gary B. Sutherland, president of NAPLIA, said: “We are very excited to become part of McGowan. McGowan has remarkable distribution and technological capabilities. Both will enhance the high-quality service NAPLIA has always provided its clients. Further, McGowan has a goal of being the largest underwriter of Professional Liability in the United States, and we look forward to being a meaningful contributor to that goal.”

All McGowan brokers will now have access to all of the product offerings formerly-administered by NAPLIA.

The service staff and commission structures for brokers will remain in place.

Questions should be directed to:

Dogan Tuncel
National Program Manager – Accountants E&O
McGowan Program Administrators
P: (508) 656-1320
E: dtuncel@mcgowanprograms.com