E&O – Projects

Target classes

• Professional services provided on Canadian construction projects,
• Can consider a large range of project types, from standard to complex
• Can consider project delivery methods including (but not limited to) Design-Bid-Build, Design-Build, EPCM (Engineering, Procurement, Construction, Maintenance), P3 (Private-Public-Partnership), IPD (Integrated Project Delivery)
• Architects, engineers and construction with comprehensive risk management practices, including in-house Quality Control / Quality Assurance procedures and protocols

What we’ve been writing

• Project specific Contractor’s E&O coverage for a consortium made up of 3 of the largest contractors in Canada for a $2 billion private-public partnership (P3) project that will complete over 31 km of road construction in Calgary
• Multiple project specific insurance policies, including Project Contractor’s E&O, for a public-private partnership (P3) project to build a biosolids processing facility that will process up to 60,000 wet tonnes of biosolids per year
• Project specific A&E coverage for an 879K square foot, 32-storey office tower with 4 levels of below grade parking in downtown Toronto, with a contract value of almost $300M.

Generally excluded from appetite

• Amusement parks
• Dams / offshore drilling
• Marine piers and ports
• Direct mining (including tailings work and shaft mining)
• Oil and gas pipelines (including non-destructive testing)
• Product design for mass production
• Residential condos
• Tunneling
• Suspension/cable stay bridges
• New technology builds

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 additional to third-party financial loss – arising from the performance of Professional Services
• Mitigation of Loss: reimbursement of reasonable expenses to mitigate Damages resulting from a pre-claim Design Error
  • Supplemental Payments Extensions (no applicable Deductible)
  • Pre-Claims Assistance: resulting from Liberty investigations
  • 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

Capacity

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

The Liberty difference

• Primary or Excess Project-specific policies available
• Dedicated and bilingual Contractors’ E&O underwriting and claims professionals
• In-house claims handling expertise with local authority and specialization in architects, engineers, and contractors’ professional liability
• International capabilities with more than thirty offices worldwide