What type of business is it good for?
A wide range of design professionals including:
- Architects
- Engineers
- Land surveyors
- Planners
- Construction managers
- Interior designers
- Consultants to the building/construction industry
Overview
Primary and excess
No hammer clause
Full local authority for underwriting and claims
Capabilities
- No hammer clause
- Wrongful acts of Insured individuals not imputed to other Insured individuals
- Coverage includes interest in joint ventures
- Worldwide coverage, where permissible by law
- Blanket project excess coverage
- Expense reimbursement for attending legal proceedings related to claims; $500 per day up to $10,000 per policy period, not subject to the retention and in addition to the limits of liability
- Expense reimbursement for attending proceedings related to regulatory actions; up to $25,000 per policy period, not subject to the retention and in addition to the limits of liability
- Expense reimbursement for attending disciplinary proceedings up to $25,000 per policy period, not subject to the retention and in addition to the limits of liability
- Expense reimbursement for lost documents up to $25,000 per policy period, not subject to the retention and in addition to the limits of liability
- Automatic coverage for new subsidiaries
- Automatic additional 30-day reporting period
- Coverage for punitive damages, where allowed by law
Optional Coverages
- Defense outside the limit and first dollar defense
- Limited mold exclusion – sublimit of coverage available
- Limited asbestos exclusion – sublimit of coverage available
- Extended reporting period provision
- Addition of independent contractors to the definition of Insured
Target classes
- Civil
- Electrical
- Forensic
- Green design
- Hydrological engineering
- Landscaping
- Lighting
- Audio visual engineering
- Mechanical/HVAC
- Urban planning
- Illumination engineering
- Telecommunication engineering
- Architecture
- Architectural planning
- Interior design
- Municipal engineering
- Process engineering
- Acoustical engineering
- Instrumentation/control engineering
- Traffic/transportation
- Structural
- Project management
Not all insurance coverages or products are available in all states and policy terms may vary based upon individual state requirements. Issuance of coverage is subject to underwriting and coverage depends upon the actual facts of each case and the terms, conditions and exclusions of each individual policy. anyone interested in an insurance policy should request a copy of the policy itself for a description of the scope and limitations of coverage The information on this Website is provided for informational purposes only and is not an offer to sell, or a solicitation to buy, any particular insurance product. No insurance product is offered or will be sold in any state in which such offer or solicitation would be unlawful under the laws of such state. Certain products may be offered by AXIS companies not licensed in your state and therefore may only available through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are not protected by such finds, and surplus lines insurers are not always subject to the same insurance regulatory standards applicable to licensed insurance companies.
Documents
Documents
AXIS Design Professional Liability Insurance Application
Claims
As soon as clients experience a circumstance that might lead to a claim, they can reach out to AXIS for pre-claims assistance.Clients can rest assured that when an architects and engineers claim is filed AXIS focuses on:
- Quick decision making
- Championing your needs
- An honest approach
