# The Bar Plan

The Bar Plan is a Mutual Insurance Company based in St. Louis, United States.

## Overview

- **Organization type:** Mutual Insurance Company
- **Headquarters:** St. Louis, United States
- **Region:** North America
- **Address:** St. Louis, MO, United States
- **Founded:** 1985
- **Assets under management:** Undisclosed
- **Website:** www.thebarplan.com
- **LinkedIn:** https://www.linkedin.com/company/thebarplan

## Regulatory record

- **Reports private funds:** No

## About

The Bar Plan is a Missouri City-based insurance company with approximately $36 million in assets, primarily serving North America.

## Sectors

- Insurance
- Professional Services

## People

- Karen R. McCarthy — President and CEO
- Greg Klaus — Chief Financial Officer
- Chris Stiegemeyer — Director of Risk Management

## Questions

### Who runs underwriting and claims decisions at The Bar Plan?

Karen McCarthy serves as President and CEO, overseeing both underwriting and claims operations. The firm's organizational structure places underwriting authority within the executive team rather than delegating to an external managing general agent. Claims handling is managed in-house, which is standard for mono-line professional-liability carriers that want direct control over loss-adjustment expenses and settlement authority.

### Is The Bar Plan a stock company or a mutual insurance company?

The Bar Plan is structured as a mutual insurance company, meaning it is owned by its policyholders rather than by external shareholders. This structure aligns the carrier's interests with those of its attorney-policyholders, since there is no tension between shareholder return requirements and claims-paying obligations. The mutual structure also means the firm does not disclose public-equity-market metrics like earnings per share or return on equity.

### How is The Bar Plan related to The Missouri Bar?

The Missouri Bar founded The Bar Plan in 1985 and remains its exclusive endorser for professional liability insurance. This means every Missouri-licensed attorney is directed to The Bar Plan as the bar association's recommended malpractice carrier. The relationship is a formal endorsement arrangement, not a joint venture or subsidiary structure — The Bar Plan operates as an independent mutual insurer with its own management and board.

### What is The Bar Plan Foundation and how does it relate to the insurance carrier?

The Bar Plan Foundation operates as a philanthropic and educational affiliate of the insurance company, focusing on risk-management education and continuing legal education programming for attorneys. Chris Stiegemeyer, the carrier's Director of Risk Management, runs the Foundation's educational outreach. The Foundation's loss-prevention curriculum serves a dual purpose: it fulfills a professional-education mission while reducing claims frequency for the insurance carrier.

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Source record modified: 2026-06-03T20:00:00.000Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

- Organization website as recorded: https://www.thebarplan.com/
Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/the-bar-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology