PUA’s Architects & Engineers Program is underwritten on behalf of Lloyd’s of London (A rated by A.M. Best).  

AVAILABLE LIMITS: 
   
MINIMUM PREMIUM:

MINIMUM DEDUCTIBLE:

***NEW ENHANCED COVERAGE FORM INCLUDES:

• A&E Professional Liability on a Claims-made and Reported Form
• Technology Services Professional Liability
• Pollution Liability Coverage
• EPLI Coverage $250k sub-limit (optional)
• No Mold Exclusion
• No Copyright or Trademark Exclusion
• Pure Worldwide Coverage
• Bilateral Discovery
• Supplementary Payments
  

Our expertise in this professional liability insurance arena extends a span of over thirty five years with technical knowledge of all aspects of these various disciplines being our major asset in the underwriting of this insurance coverage to meet the demanding standards and needs of your valuable clients.  We at PUA welcome your inquires and our dedicated and seasoned underwriting staff stand ready to assist you in providing prompt and efficient service in the handling of your applications. 



Here is a link to our ARCHITECTS, ENGINEERS AND CONSTRUCTION MANAGERS

APPLICATION   

A&E PROGRAM HIGHLIGHTS

• BROAD FORM COVERAGE

The policy provides broad coverage on a CLAIMS MADE BASIS for:

• Professional Liability
• Pollution Liability
• Technology Services Liability

for Wrongful Acts arising out of described Professional Services rendered anywhere in the world provided the Claim is first made against the Insured in the United States, its territories or Canada.

• BROAD PROFESSIONAL SERVICES

Professional Services defined to mean those services provided by the insured acting in the capacity of an architect, engineer, landscape architect, interior designer, land surveyor, construction manager, environmental consultant or as specifically listed in the policy.

• “PRIOR WRONGFUL ACTS” (RETROACTIVE) COVERAGE

Policy also provides prior Wrongful Acts coverage for such Acts committed prior to the inception date of the policy but after any Retroactive Date shown, provided the insured had no knowledge of such Acts at inception and there is no other insurance available to the Insured.

• BROAD DEFINITION OF TERM “INSURED”

Coverage is provided for the Named Insured listed in the policy and includes coverage for any past or present officer, director, partners and employees while acting within the scope of his/her duties for the Named Insured.

• JOINT VENTURE COVERAGE

Coverage is provided for insured’s liability arising out of Wrongful Act in any joint venture in which the insured participates.

• MERGERS OR ACQUISITIONS

• Coverage is provided for any entity the insured purchases or acquires provided revenues of such entity do not exceed 10% of the insured’s annual revenues set forth in most recent application.

• No coverage is provided where such revenues exceed 10% unless insured gives Insurers written notice of such acquisition, obtains Insurers consent to extend coverage to such entity and pays the additional premium required.

• If the insured consolidates or merges with another entity where the insured is not the surviving entity or insured is acquired by others or insured sells substantially all of its assets to others, coverage under the policy ceases to apply after the date of such occurrence.

• EQUITY INTEREST COVERAGE

Coverage is not excluded under the policy for Professional Services rendered for another entity in which the Insured has ownership interest of 25% or less.

• AWARENESS PROVISION

If during the policy period, the insured becomes aware of a circumstance, fact, event, or situation which may subsequently give rise to a Claim being made against them and gives written notice to the Insurers of this Circumstance, any Claim which is subsequently made against the insured is treated as a Claim under the policy.

• DISCOVERY COVERAGE OPTION

If the Insurers cancel or refuse to renew the policy, the insured has an option to extend coverage for 365 days from the date of cancellation or non-renewal by payment of 100% of the annual premium provided this option is exercised within 30 days after date of cancellation or non-renewal.

• PUNITIVE DAMAGES

Definition of the term Damages under the policy includes punitive damages but only if insurable by law under which the policy is construed.

• SUPPLEMENTARY PAYMENTS

We are now providing supplementary payments to the Insured as per Insuring Agreement I.D. of the policy wording:

 A.  Defendant’s Reimbursement – At Insurers’ request, the Insured shall attend mediation/arbitration proceedings, hearings, depositions, and trials relative to the defense of a Claim.  After three days of attendance, Insureds shall pay the Insured $500 per day up to a maximum of $5,000.

 B.  Regulatory/Administrative Actions Reimbursement – the Insured will be reimbursed up to $15,000 for legal fees and expenses incurred in responding to a regulatory or administrative action brought directly against the Insured by a governmental agency under ADA, FHA, or OSHA.  Please note, coverage applies only if arising from a covered professional service and if reported during the policy period and Insurers have given written consent.

 C.  Disciplinary Proceedings – the Insured will be reimbursed up to $10,000 for legal fees and expenses incurred in responding to a disciplinary proceeding brought directly against the Insured.    Please note, coverage applies only if arising from a covered professional service and if reported during the policy period and Insurers have given written consent.

• PURE WORLDWIDE COVERAGE

Per Section II, we are now providing pure worldwide coverage.  Our old form required that the suit or action be brought in the U.S.

• BILATERAL DISCOVERY

Per Section XIII, we are now providing a bi-lateral extended reporting period option.  Our old form only offered a unilateral extended reporting period option if coverage was cancelled or non-renewed by the Insurer.

• OPTIONAL EMPLOYMENT PRACTICES SUB-LIMIT   

$250K Sub-limit EPL option (indemnity and defense) available subject to our supplemental application for additional premiums starting at $1,100.

          EPL supplement   

This summary is intended solely to provide information about some of the highlights of the PUA2010AE  insurance policy.  It is not part of the insurance policy and is not intended to provide a complete description of the coverages, exclusions and conditions in the policy.  Please review the policy form carefully.