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
Liberty Mutual Canada™ is the registered business name under which the Canadian branch of the Liberty Mutual Insurance Company operates in Canada. This literature is a summary only and does not include all terms, conditions, or exclusions of the coverage described. Please refer to the actual policy language for complete details of coverage and exclusions.
