E&O – Architects and Engineers

In today’s business world, architects and engineers are increasingly susceptible to escalating claims expenses, judgments and awards as a result of a wrongful act. Liberty’s Architects and Engineers (A&E) E&O coverage is the optimal tool in protecting your clients against third-party legal action, whether or not the claim may be founded. Our combined 50 years of underwriting expertise lends us the ability to understand each risk and custom-tailor our product to suit the unique needs of small to large companies, partnerships or practice groups.

Target classes

• Canadian-domiciled, general or specialty architectural and engineering firms that are actively licensed from a recognized provincial and/or national A&E professional practicing association or society
• Can consider a variety of standard to complex project types
• Target A&E firms with comprehensive risk management practices, including in-house quality control/quality assurance procedures and protocols

What we’ve been writing

• A&E E&O insurance for a major Canadian architectural firm with $25M in annual revenues and diverse portfolio of designs and masterplans, including world-class athletic/event centres, LRT stations and university campuses
• A&E Professional Liability insurance for large, multi-disciplinary engineering firm with annual billings of $8B+ and international presence, spanning across 150 countries
• Project-specific Professional Insurance provided to a large multi-discipline architecture firm leading the design of a 50 storey LEED Gold Certified Toronto office tower

Non-target classes

• Critical transportation equipment/component design
• Geotechnical engineering firms
• Industries:
  • Amusement parks
  • Dams/offshore drilling
  • Marine piers and ports
  • Mining (including tailings work and shaft mining)
  • Oil and gas pipelines (including non-destructive testing)
  • Product design for mass production
  • Residential condos
  • Tunneling

Policy highlights

• Multi-year option with annual reinstatement of limits
• Pollution incident coverage—BI/PD arising from the performance of professional services
• BI/PD coverage in addition to third-party financial loss – arising from the performance of professional services
• Supplemental payments extensions (no applicable deductible)
  • Pre-claims assistance
  • Reimbursement expenses: actual loss of earnings and reasonable expenses when attending hearings, depositions and trials
  • Disciplinary proceedings: reimbursement of reasonable lawyer’s fees
  • ODA, NHA or OHSA expense reimbursement
  • Loss of document(s)
• Broad definition of professional services including practice as an architect, engineer, scientist, construction manager, environmental consultant and LEED AP
• Mediation deductible credit of 50% (to a maximum reduction of $25,000) for claims resolved through mediation
• Coverage for insured’s participation in a joint venture
• Worldwide territory coverage

Capacity

• Limit(s) of liability available up to $25 million CAD/USD

The Liberty difference

• Project-specific and practice policies available (primary or excess)
• Dedicated and bilingual A&E underwriting and claims professionals
• In-house claims handling expertise with local authority and specialization in architects, engineers, and contractors’ professional liability
• Compatible Commercial Package available
• International capabilities with more than thirty offices worldwide