
Architects & Engineers E&O
Overview
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Carrier A.M. Best Rating: "A" XV.
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Revenue Size: Firms up to $60,000,000 in professional services revenues.
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Limits Available: $5,000,000 each occurrence/$5,000,000 in the aggregate.
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Primary or Excess Capabilities
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Minimum Premium: $3,500.
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Minimum Deductible: $2,500.
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States: All States other than Hawaii.
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Eligibility: Architects, Civil Engineers, Construction Managers, Electrical Engineers, Environmental Consultants, Forensic Engineers, HVAC/Mechanical, Land surveyors, etc.
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Policy Form Features:
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Includes Design Professional Liability and Contractors Pollution Liability.
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Provides coverage for Pollution Conditions arising from Professional services and Contracting Services.
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50% mediation credit, up to $25K.
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No mold, asbestos or pollution exclusions.
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Up to a 3-year ERP.
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Worldwide coverage.
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Waiver of Subrogation.
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Additional Insured (where required by contract).
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Softened Hammer Clause.
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Supplementary defendant reimbursement.
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Supplementary disciplinary/administrative proceedings reimbursement.
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Broad definition of Professional Services which includes architecture, engineering, land surveying, landscape architecture, interior design, construction management, environmental consulting, or technology services which includes: software design, development, programing, analysis, training, use, support, management and maintenance.
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Network Security Sub Limit (available via separate endorsement).
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Recent Wins
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Petro Chemical industry risk in NJ specializing in providing reports for turnaround capital construction, operation, and maintenance projects and planning. We provided a $2M limit including blanket contractual, primary wording, and policy territory endorsements as required by contract.
Premium: $45,000
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Engineering firm in TX providing design and implementation of integrated baggage handling systems, checked baggage inspection systems, and security screening checkpoint systems. We were able to provide a $5M limit as expiring.
Premium: $115,000
Supplemental Applications
Architects & Engineers
Our Team
Rob Keyser
Leigh Strain
Senior Underwriter