Professional Liability Insurance Coverage
for Architects and Engineers
new admitted product in ny & nj read more
Professional Coverage Managers is the Underwriting Manager of Architects and Engineers Professional Liability for firms with receipts up to $10,000,000 for General Star Indemnity Company and General Star National Insurance Company. Both insurers are domestic companies, rated “A++ XV (Superior)” by A.M. Best and “AAA” by Standard & Poor’s *.
This new facility enables us to provide same-day service where necessary. Limits of Liability are $100,000 up to $5,000,000 or more with Deductibles from $2,500 depending upon the size of the firm.
*General Star National Insurance Company and General Star Indemnity Company are wholly-owned subsidiaries of General Reinsurance Corporation, Stamford, CT. General Star National Insurance Company is licensed in all states except Connecticut, where it is an eligible surplus lines insurer. General Star Indemnity Company is an eligible surplus lines insurer in all states except Connecticut, where it operates as an admitted insurer.
PROGRAM HIGHLIGHTS:
- Broad definition of" Insured"
- Design/ Build coverage is available
- "Incidents" are covered
- "Innocent" insured coverage
- Interest in Joint Ventures is included
- Practice policy excess of project policy
- Pre-claims assistance
- Predecessor in interest is covered
- Worldwide Coverage
- Pollution
- Mold
- Limited Asbestos
- Personal Injury is covered
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- Mediation Credit
- Aggregate Deductible is Standard
- Defense of Disciplinary Complaints
- Insured Reimbursement
- Choice of Counsel (with Company approval)
- Extended Coverage is available
- Privacy & Information Security
- Employee Dishonesty Coverage
- Disabled Partner Replacement
- Production of Documents
- Waiver of Premium for death or disability
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(Read the policy form & supplementary coverage endorsement for details of these coverage options and enhancements.)
We entertain graduate and licensed architects and architectural firms engaged in full-time private practice and principally engaged in the design of structures and related engineering disciplines, including construction managers, testing laboratories and design/build operations.
A completed and currently signed application along with a project list is required in order to quote any risk. All quotations emanate from this office. |
