Click on the button below to learn more about Architects and Engineers Insurance.
Below, you'll find an interview with one of our Professional Liability Brokers, Christine DeFelice to answer some questions on this topic.
Drew: Welcome to another PL Risk Perspective interview. This time around we’re looking at Architects and Engineers coverage. Today’s guest is Christine DeFelice, a Professional Liability Broker at PL Risk Advisors.
Christine: Thank you for having me Drew.
Drew: Now as I understand, you have quite a bit of experience in this field so let’s dive right in.
Drew: What is A/E Design and Construction Professional E&O?
Christine: A/E Design and Construction Professional E&O provides coverage to an Architect/Engineer Design and Construction firm in the event of a lawsuit claiming negligence in providing or failing to provide professional services which causes bodily injury, property damage or financial loss to a third party.
Drew: Why would an agent's client need this coverage?
Christine:This coverage protects your client’s firm against significant financial costs associated with litigation alleging bodily injury, property damage or financial loss to a third party as a result of your clients negligent act, error or omission.
Drew: What does A/E Design and Construction Professional E&O cover?
Christine: A/E Design and Construction Professional E&O covers damages and defense expenses, including attorney’s fees, for covered claims relating to an act, error or omission in a firm’s performing or failing to perform professional services.
Drew: Why should retail agents choose PL Risk?
Christine: At PL Risk Advisors, we have fostered strong partnerships with many top-rated carriers. These relationships enable us to secure coverage for even the hardest-to-place risks. You and your clients need a partner that understands how increased regulations and security threats affect your clients. Our professionals can provide the coverage to help mitigate these risks.