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
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.
