Architects and engineers E&O
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 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.
A protective partnership
Solutions for complex risks
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 $10M in annual revenues and diverse portfolio of designs and masterplans, including world-class athletic/event centres, LRT stations and university campuses
- Excess A&E professional liability insurance for large, multi-disciplinary engineering firm with annual billings of $8B+ and international presence, spanning across 150 countries
- Excess 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 (except where the exposure is low)
- Tunneling
Policy highlights
- Multi-year option with annual 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
$10M
Our 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
The materials herein are for informational purposes only. All statements made are subject to provisions, exclusions, conditions, and limitations of the applicable insurance policy. Any such case study, example, or illustration cannot guarantee you will achieve similar results or outcomes. Individual outcomes may vary based on your particular facts and circumstances, policy language, and applicable law. Coverages and features are not available in all provinces and territories. Eligibility is subject to meeting applicable underwriting criteria. Learn more about Liberty Mutual Canada, including our privacy policy, at libertymutualcanada.com or call us toll-free at 800-461-5079.
Liberty Mutual Canada is the registered business name under which the Canadian branch of Liberty Mutual Insurance Company operates in Canada. Coverage provided and underwritten by Liberty Mutual Insurance Company.
