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There are many factors to consider when selecting an Architects and Engineers (A&E) Professional Liability policy, and we here at Intercorp can help you to choose the right balance of coverage features to get the most out of an insured's premium dollars. Our familiarity with the coverage forms of A&E carriers means that we are able to help you choose the the appropriate policy language to avoid any potential issues when claims may arise.
With Architects & Engineers Professional Liability Insurance, as with many types of insurance, the best offense is a good defense. Roughly half of all costs associated with A&E claims are related to defense costs. Smaller firms may want to add a first dollar defense endorsement to their policy, so that they don't pay any deductible for defense costs. Larger sophisticated firms may choose to add tiered deductibles to their policies so that the deductible is reduced after the first two or three claims made. Since their professional reputation is on the line, A&E firms insist upon a vigorous defense so it's important to consider claims handling practices and capabilities when selecting an A&E carrier. The top A&E insurance carriers often let firms pre-qualify their preferred counsel and offer risk management seminars, fast turnaround contract review, and pre-claims assistance at no charge.
There are many factors to consider when selecting an Architects and Engineers (A&E) Professional Liability policy, and we here at Intercorp can help you to choose the right balance of coverage features to get the most out of an insured's premium dollars. Our familiarity with the coverage forms of A&E carriers means that we are able to help you choose the the appropriate policy language to avoid any potential issues when claims may arise.
You don't have to sacrifice personalized service to access best in class programs and top-notch brokerage markets for professional (non-medical) and environmental liability insurance. From Architects & Engineers to Underground Storage Tanks and everything in between, Intercorp is your "go-to" source. Located in the heart of the Pennsylvania Dutch country but licensed in all 50 states... staffed by a team of experienced insurance professionals... delivering quality service to agents for more than 25 years.