Architects & Engineers

• A&E firms, with up to $50M in billings, domiciled in the United States
• Types of firms include Architects, Engineers, Land Surveyors, Construction Managers, Testing Labs, Interior Designers and Environmental Consultants
• Coverage written on a Primary, Excess and Excess Specific Project/Client basis

• Admitted Paper A – (IX) Rated “Excellent” by AM Best
• Claims Made and Reported policy
• Experienced Claims Handling by all attorney claims staff
• Competitive Supplementary Payments:
  • Defendant’s Expense Reimbursement – $1,200 per day up to $6k per claim
  • Defense Expense for Professional License, Disciplinary Proceedings – $25k
  • Regulatory Expense Reimbursement (ADA/FHA/ OSHA) – up to $25k
  • Limits available of $5M per claim / $5M aggregate
• Broad definition of professional services
• No consent to settle or hammer clause in policy form
• Risk management services – contract reviews, pre-claims assistance, loss prevention services

• Punitive damages coverage where insurable
• Duty to defend
• Mutual choice of counsel
• True worldwide coverage
• Voluntary mediation deductible credit – deductible reduced by 50% up to $25k
• First dollar defense consideration for firms up to $1M in gross billings
• Coverage for independent contractors while acting on behalf of the insured
• No exclusion for mold or asbestos
• Ownership interest of coverage up to 50%

Submission Requirements: New business application. 3 years of currently valued company loss runs. Copy of current policy declaration page if available. Resumes of principals if firm is less than 3 years in business.