Design/Build & Construction Managers
Professional Liability
(“Claims-Made” Basis)
COVERAGE HIGHLIGHTS

This facility provides coverage for liability arising out of a negligent act, error or omission in rendering professional services. This facility is for small, medium and large size risks as follows:

Construction Managers
General Contractors/Construction Managers
Design/Build and Turnkey Contractors

POLICY HIGHLIGHTS

A) Covers Named Insured and employees of the Named Insured while acting within the scope of their duties.
B) “Prior Acts” Coverage is provided for Insureds who have carried continuous professional liability insurance. For other eligible applicant’s, “prior acts” coverage is available at an additional premium.
C)Broad Policy Form.
D) Professional Activities Endorsement providing broad coverage for Construction Managers and Design/Build.

LIMITS OF LIABILITY

Up to $2,000,000 (each claim) / $2,000,000 (annual aggregate for all claims). This limit is inclusive of all legal, investigative, and defense costs. Higher limits available via our Excess Professional Liability Facility.

MINIMUM PREMIUM

$6,000

COMMISSIONS

Good commission allowance. Please contact us for details.

UNDERWRITING INFORMATION REQUIRED

A) Design/Build and Construction Managers Application fully completed, signed, and currently dated by the applicant. PUA
B) Attachments requested in Questions 29-33 of the PUA Design/Build and Construction Managers Application.

SPECIAL NOTES

This facility is offered to eligible insurance brokers on a surplus lines basis in all states. Brokers are responsible for filing appropriate forms and collection and payment of surplus lines tax in the state.

SCHEDULE OF INSURERS

Lloyds of London (U.K.)
Financial information available upon request.

ADDITIONAL INFORMATION

A)Prompt quotation turnaround by PUA.
B)Prompt policy issuance by PUA.
C)Efficient claims handling services provided by PUA.

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