Lines of Insurance

  • Professional Liability

    This policy provides legal defense against claims of professional negligence, and covers liability that results from errors and omissions in the performance of professional services.   It is a third party indemnity coverage, which addresses the design professional’s financial liability to others. Most professional liability policies are written on a claims-made basis and include either a retroactive date (which excludes coverage for acts which occurred or are alleged to have occurred prior to the retroactive date) or full prior acts coverage, which covers professional services regardless of the date of the alleged error. Continuous coverage is essential to preserve prior acts coverage under these policies.

  • Employment Practices Liability

    This policy covers liability resulting from actual and alleged unfair employment practices, such as hostile work environment, wrongful termination, discrimination, and harassment. The policy is written on a claims-made basis and includes either a retroactive date or full prior acts coverage. Many employment practices liability carriers also offer toll-free hotlines, where policyholders may seek advice and counseling when facing questions on potentially problematic situations.

  • Directors & Officers Liability

    This policy covers corporate directors and officers against claims, most often by stockholders and employees, alleging financial loss arising from mismanagement. D&O policies are written on a claims-made basis, generally contain no explicit duty to defend the insureds, and typically exclude intentional/dishonest acts and bodily injury and property damage. It is possible to purchase coverage for innocent parties, when another director or officer commits a dishonest act.

  • Fiduciary Liability

    Fiduciary liability policies provide coverage for trustees, employers, fiduciaries and professional administrators, with respect to errors and omissions in the administration of employee benefit programs as imposed by the Employee Retirement Income Security Act (ERISA).

  • International Exposures

    Global policies are designed for companies with multinational exposures and provide coverage worldwide for firms with offices overseas, as well as U.S. firms with foreign projects. We are able to provide you with international package policies that include: international liability coverage, international property coverage, international automobile liability coverage, foreign voluntary workers compensation, accidental death and dismemberment (AD&D), repatriation, political evacuation and international kidnap, ransom and extortion.

  • Decennial Liability

    Decennial liability is a coverage required by owners of projects in certain countries, most notably France and former French colonies, but there are other countries which recognize Decennial Liability as well. It is intended to cover the cost of rectifying a total or partial collapse of the construction. In these countries, decennial liability is often applied to design professionals as well as to contractors. The name is derived from the fact that this liability persists for 10 years following project completion.

  • Business Owners Policy

    This is a package policy, which includes both commercial general liability coverage and property coverage. It addresses liability resulting from exposures unrelated to professional services, such as premises liability (trip and fall), as well as covers the property used by the design professional (office equipment and furniture, improvements to the office, testing and survey equipment). BOP programs designed specifically for design professionals often include coverage extensions such as blanket additional insureds, waiver of subrogation, per-project aggregate limits, valuable papers coverage, equipment used at job sites (inland marine), employee benefits liability, and more.

  • Business Automobile

    This policy includes auto liability, medical expense liability and auto physical damage (comprehensive and collision) coverages. Business automobile policies may be enhanced to include liability coverage for non-owned autos (vehicles owned by employees but used for business purposes), hired/rental car liability and physical damage (comprehensive & collision). Also available are towing coverage and rental car reimbursement coverage (while the primary vehicle is out of service due to an accident).

  • Workers Compensation

    Workers compensation policies are made up of two parts: Part A covers expenses which result from injuries and illnesses suffered by employees in the course of performing their duties for the employer. Part B (also known as employer’s liability coverage) covers other liability the employer may incur as a result of such injuries and illnesses, such as economic loss suffered by the family and dependents of the injured employee resulting from the employee’s incapacitation. Workers compensation coverage is state-mandated and the requirements vary from state to state. Design professionals with projects in multiple states may be subject to many different sets of state requirements, even if they only have offices in one state.

  • ERISA Coverage

    Bonding for ERISA Plans. ERISA coverage provides coverage for exposures arising out of the responsibility as an officer or fiduciary of a company for the handling of pension funding and other employee benefit plans. Should the fiduciary responsibility be breached, the individual is personally liable for the loss. This resulting exposure is usually excluded from the general liability policy, even when employee benefits liability coverage is purchased. However, coverage may be purchased in the form of a separate fiduciary liability policy.

  • Health & Benefits

    This includes various employee benefit plans, such as health and dental coverage, key employee life insurance and supplemental/long-term disability.