AIG Architect Engineering Professional Liability

	Admitted & Non-Admitted Markets
	Limits From $100,000 To $5,000,000
	Deductibles as low as $2,500
	Minimum Premium as low as $500
	For Design Professionals with Less than $7,500,000 Billings/Sales
	Automatic 60-Day "Mini-tail" Included for Reporting Claims
	Loss of Earnings Reimbursement
	Available in CA - More states coming soon!!


What’s New Eligible Classes Other Program Highlights Enhancements Underwriting Requirements General Program Information Frequently Asked Questions

Architects & Engineers Professional Liability Insurance provides expansive, worldwide coverage for architects and engineering firms, and their employees in claims arising from allegations of errors, omissions or wrongful acts related to services they provide or services rendered by others for which they are legally liable. Complimentary risk management services connect insureds with attorneys who specialize in reviewing contracts and providing counsel to control issues that could snowball into costly lawsuits. Plus access to current building codes and regulations by State, County, City, etc.

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Eligible Classes

Coverage is available for a wide range of small and mid-sized architecture and engineering firms, generating up to $7,500,000 in annual professional billing.

Acoustical Engineering
Agricultural Engineering
Architecture
Audio-visual Engineering
Building Design
Civil Engineering
Communication Engineering
Construction Material Testing
Agency Construction Management
Design/Build
Electrical Engineering
Forensic Engineering

Graphic Design
HVAC Engineering
Interior Design
Landscape Architecture
Land Surveying
Mechanical Engineering
Photogrammetry
Process Engineering
Project Management
Space Planning/Land Use Planning
Structural Engineering
Telecommunication Engineering

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Other Program Highlights

A broad definition of insured, encompassing joint ventures and contracted/leased or retired personnel
Far-reaching coverage for professional services, including agency construction management and design/build as well as fee-based and pro bono services
No Exclusions For:
- Pollution claims arising out of professional services
- Claims made by any business enterprise in which the insured has a twenty-five percent or less ownership stake
- Asbestos
- Separately insured projects
- Failure to detect faulty construction workmanship performed by others who are not in privity of contract with or related to the insured
Automatic 60-day "mini-tail" for reporting claims
Mediation provision: Deductible is reduced by half (up to $20,000 depending on policy form) when a claim is resolved through mediation
The ability to report potential claims
Definition of damages includes Punitive Damages
Loss of earnings reimbursement
Innocent insured provision keeps defense coverage in force for innocent individuals when a claim arises from an intentional act
Express warranty and guarantee exclusion does not apply if liability would have attached in the absence of an express warranty or guarantee
Wide range of deductibles beginning at $2,500

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Enhancements

Coverage can be expanded to include:

Defense costs from first dollar, so defense costs do not erode policy deductible
Shared defense expenses, allocating defense costs between the insured and insurer from dollar one
Coverage for discrimination, wrongful termination and sexual harassment claims—subject to a separate $100,000 limit
Specific Project Excess Endorsement Premiums/Limits
Minimum premium: $1,250 - $7,500 for a $1 million limit depending upon coverage selected and classification of risk
Limits up to $5 million are available

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Underwriting Requirements

Financial information required on all new business risks— D&B acceptable
Complete premium history for the past three years and loss history for the past ten years

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General Program Information

Risk Cancelled or Non-renewed by Other Company

Please refer any risk that has been cancelled or non-renewed to Builders & Tradesmen's Insurance Services, Inc. prior to submission. Please provide full information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the applicant.

Audit Basis

Professional Liability premiums and exposures are subject to final audit. Earned premium for the exposure will be determined at the end of the policy period.

Waiver of Premium

Additional or return premium account balances of $10.00 or less will be waived.

Cancellations

Policies will be cancelled Pro rata (without penalties) when policy is cancelled for the following reasons:

At the request of the company.
Nonpayment of premium.
Insured no longer has a financial or insurable interest in the property or business operation.

Reinstatement with a Lapse in Coverage Guidelines

To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders & Tradesmen's Insurance Services, Inc. prior to the cancellation date.

NO COVERAGE IS BOUND WITHOUT PRIOR APPROVAL FROM BUILDERS & TRADESMEN'S INSURANCE SERVICES, INC. & THE CARRIER. BUILDERS & TRADESMEN'S INSURANCE SERVICES, INC. & THE CARRIER RESERVE THE RIGHT TO DENY ANY REQUEST FOR REINSTATEMENT.

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Frequently Asked Questions

How do I find out more?
Use our live support for an immediate response or call your CSR or Underwriter at 916.772.9200 .

What do I do if I am having system problems?
Use our live support for an immediate response or call your CSR or Underwriter at 916.772.9200.

Why do I need a Professional Liability policy?
A Professional Liability policy protects the Named Insured against damages and claims expenses which the insured shall become obligated to pay because of claims arising out of any act, error or omission of the insured in rendering or failing to render professional service for clients .

How do I apply?
Please submit an Architects & Engineers Liability application, including applicable supplements, available for download on this website. If you are a creative professional seeking coverage, please contact BTIS at 916.772.9200, so we can refer you to a broker in your area.

What do I do if I have a claim?
If a CLAIM is made against any INSURED, the INSURED must give prompt written notice to the Company. Notice shall include every demand, notice, summons or other process received by any INSURED. Please see the Claims section on this web page.

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Edition 03/19/09


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