Projects E&O
A protective partnership
Solutions for complex risks
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
$10M
Our difference
- 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
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.
