A&E Advantage Helps You Make Sure You're Covered
That's why you should be working with our Professional Liability Specialists - not an insurance generalist. A&E Advantage is backed by two professional liability specialists - Aon and AIG Companies. Both are premier players in the insurance industry, and a solid team committed to architects, engineers and design firms like yours.
"Best-in-class" Professional Liability Coverage, brought to you.
Policy-At-A-Glance
The A&E Advantage Professional Liability Insurance Program provides expansive coverage for architectural, engineering and design firms like yours, and your employees for allegations of errors, omissions or wrongful acts related to performing your professional services. Complimentary risk management services will connect you with attorneys who specialize in reviewing A&E claims and contracts, and providing counsel to control issues that could snowball into costly lawsuits.
Program Highlights*
- Broad policy definitions
- Comprehensive coverage for professional services, including agency construction management, as well as fee-based and pro bono services
- Coverage for:
- Pollution claims arising out of professional services
- Asbestos
- Separately insured projects
- Failure to detect faulty construction workmanship performed by others
- Limits up to $5 million are available...or more based on individual circumstances for qualified firms
- Wide range of deductibles beginning at $2,500
- Automatic 60-day "mini-tail" for reporting claims
- The ability to report potential claims
- Loss of earnings reimbursement
- Innocent insured provision keeps defense coverage in force for innocent individuals when a claim arises from an intentional act
- Mediation provision: Deductible is reduced by half (up to $20,000 depending on policy form) when a claim is resolved through mediation
Coverage can be expanded to include:
- Defense costs from first dollar - legal defense costs are covered from the first dollar spent, with no application of a deductible
- Shared defense expenses, allocating defense costs between the policyholder and insurer from dollar one
- Coverage for discrimination, wrongful termination and sexual harassment claims
- Specific Project Excess Endorsement
AIG Companies have a strong financial position in the market, and are well-known for their insurance expertise, having served architects and engineers for over 25 years.
*A&E Advantage is a service mark of Affinity Insurance Services, Inc. in all states except: AIS Affinity Insurance Agency in NY; AIS Affinity Insurance Agency, Inc. in MN and OK; AIS Affinity Insurance Agency, Inc. dba Aon Direct Insurance Administrators in CA (License #0795465). Coverage availability may vary by state. This product description is for informational purposes only and does not provide a complete description of coverage terms, conditions, exclusions and limits. All policies are subject to company underwriting guidelines and approval.
Insurance and services provided through member companies of American International Group, Inc. (AIG). AIG, a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG Companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
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