Professional Liability Insurance for Architects and Engineers
For architects and engineers, the risk of mishap during a project looms from the drawing board to the ribbon-cutting ceremony and well beyond.
The Problem Securing high quality professional liability insurance tailored to the needs of architects and engineers.
The Risk Expensive and time-depleting lawsuits arising from alleged acts, errors or omissions committed by architects or engineers in their work.
The Solution Designed Protection – Standard practice professional liability insurance for architects and engineers offered through Burns & Wilcox. Our carrier has revamped its Architects & Engineers Professional Liability coverage to bring you "Designed Protection." Featuring a new, state-of-the-art policy form and application, Designed Protection offers architectural design and engineering professionals access to one of the highest quality A&E coverage programs on the market.
The Advantage
Designed Protection's many new features include:
- Expanded definition of "Insured"
- Loss of Earnings and Expense Reimbursement coverage
- Regulatory coverage
- Worldwide coverage for suits brought in U.S.
- Split limits available
- Deductible may be waived
- Two-way extended Reporting Period – 100%/1 year, 150%/2 years
- State-of-the-art online Risk Management guide on www.shand.com
- Attorney Risk Management hotline
Other features include:
- 30+ years underwriting and claim handling experience
- Will customize coverage to suit specific needs
- Written through an affiliated A.M. Best "A XII" rated carrier
