Mylo vs 
USI Insurance Services: How Do They Compare for Professional Liability (E&O) Insurance?
CPA firms look to USI Insurance Services for the AICPA program, underwritten by CNA. Mylo is a broker that compares quotes from several insurers for businesses from app developers to beauty salons.
CPA firms can use USI's AICPA Professional Liability Program; Mylo compares E&O quotes across carriers for small businesses. 3,1
What Are the Key Differences Between Mylo and USI Insurance Services Professional Liability (E&O) Insurance?
CPA Program Versus Broad Small-Business Shopping
USI's AICPA-endorsed program is specifically for CPA firms and includes accounting-focused resources. 3 Mylo's page instead describes shopping quotes from multiple insurers for small businesses. 1
USI's CPA Program History
USI says it has served CPA firms through the AICPA Professional Liability Program since 1994:
USI markets the AICPA program to sole practitioners and regional CPA firms. It has offered CPA coverage since 1967 and has been the endorsed AICPA Program provider since 1994. 3Company-reported. Program page description.
Services Bundled With the Policy
USI's page says AICPA program enrollees get supportive claims handling and exclusive access to risk-management resources, including engagement-letter templates. 3 Mylo's carrier-contact page lists claims phone numbers by carrier for general categories but does not identify a professional-liability-specific claims contact or resource comparable to USI's. 2
What Should You Confirm in Mylo and USI Insurance Services Professional Liability (E&O) Insurance Quotes?
- If you're a CPA firm, ask USI whether you'd be placed in the CNA-underwritten AICPA program or a different market. 3
- Ask Mylo which specific carrier it is proposing for your quote and confirm that carrier's identity directly. 1
- Ask USI whether the AICPA program's risk-management resources extend to its general Business Services E&O placements outside the CPA program. 3
- Neither page publishes limits or retentions for these placements; get both in writing. 3 1
Mylo vs USI Insurance Services Professional Liability (E&O) Compared
Mylo vs USI Insurance Services: Professional Liability (E&O) Insurance: documented features by provider
| Criteria | Mylo Professional Liability Insurance | AICPA Professional Liability Program (USI Affinity) |
|---|---|---|
| Who It’s For | Mylo markets this line to businesses that could face a claim from a client unhappy with their professional services, using examples spanning app development, financial planning and beauty-salon services. 1Company-reported. Product page examples; a particular business's eligibility depends on underwriting. | USI markets the AICPA program to sole practitioners and regional CPA firms. It has offered CPA coverage since 1967 and has been the endorsed AICPA Program provider since 1994. 3Company-reported. Program page description. |
| How to Apply | Mylo says it recommends coverage customized to the business and compares professional liability quotes from top-rated business insurance companies to find a combination of coverage and price. 1Company-reported. Product page "How will Mylo find me the right policy?" section. | USI directs CPA firms seeking a quote or renewal to contact USI Affinity, with a dedicated Affinity_APL@usi.com address for the AICPA program specifically. 3Company-reported. Contact instructions on the AICPA program page. |
| Coverage Features | Mylo describes the policy responding to breach-of-contract claims, bodily injury or property damage claims, financial-loss claims, and consequential-damages claims arising from a client relationship. 1Company-reported. Product page coverage descriptions; actual insuring agreements and exclusions are set by the issued policy. Mylo explains that professional liability comes in claims-made and occurrence forms, and that tail coverage can be added to a claims-made policy to extend reporting after it ends. 1Company-reported. Product page FAQ; which form and tail terms are offered depends on the placed carrier. | USI describes the policy as insuring a CPA and their practice against third-party claims that professional services caused financial harm, providing a defense and paying damages for covered claims arising from high-risk situations tied to new clients, changing business plans, or new laws and regulations. 3Company-reported. Program page description; actual insuring agreements, exclusions and conditions are set by the issued CNA policy form. |
| Role in This Line | Mylo brokers professional liability insurance by comparing quotes from multiple business insurance companies rather than underwriting the policy itself. 1Company-reported. Professional liability product page. | For CPA firms, USI runs the AICPA Professional Liability Program through its USI Affinity division as the endorsed producer, rather than underwriting the policy itself. USI's general Business Services practice separately brokers errors and omissions/professional liability coverage for other business types. 3,5Company-reported. AICPA program page and Business Services practice page. |
